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YOU’RE NEVER TOO OLD TO BE A THIEF!

On February 26, 2019, a seemingly frail 70-year old elderly man was wheeled into a Federal Courthouse in Florida and was sentenced to 42 months in prison, 3 years of supervised release and ordered to pay over $1.6 million in restitution. The man’s name is Wi...

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Never lose sight that a 401(k) plan can recruit or retain employees

While plan providers tell 401(k) plan sponsors such as yourselves that you need to focus on fee and fiduciary issues, you should never lose sight of the fact that a 401(k) plan is an employee benefit.   Just like health insurance, gym reimbursement, and f...

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Roll them out

Having employees can get a bit messy. I know that from experience, having left a position or two tha...

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A plan sponsor shouldn’t pay more than they need to

When I was 13 and I had my Bar Mitzvah, I plunked down about $2,000 in 1985 money for a state of the...

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More issues with hardship distributions

Now that hardship rules are changing in 2019 with the elimination of the six-month deferral suspensi...

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BARGAIN BASEMENT TPAS

This may seem like an odd topic for me to discuss considering I work for a TPA firm, but a recent si...

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Get that bond

It’s an easy requirement that many plan sponsors think they’ve accomplished, but they haven’t ...

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Call an ERISA attorney when you get the government’s call

When you get pulled over by the police while driving, the best way to handle is to be pleasant and n...

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Watch put for those HR issues

Small to medium-sized businesses really need to be up to date with human resources issues that inclu...

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The end of the determination letter program and what it means

For the past 15 years, it’s been apparent that the Internal Revenue Service (IRS) wanted to be out...