A 401(k) plan with multiple participating employers hosts several problems. The first is recognizing any control group or affiliated service group rules that treat such a plan for compliance purposes as a single plan or a multiple employer plan. The second...
Scrivener’s error is a mistake made by someone who is writing or copying something down, like a typo or a misspelling. It’s also a losing argument for most mistakes in a retirement plan document. Intent is a nice idea. It’s a reminder of where you wa...
The best retirement plan committees I’ve seen are dedicated to the process. That means regularly ...
When you start fixing up the house (for me, a never-ending battle) and replacing appliances or item...
I probably have drafted and amended thousands of plans over the years and every plan has its little...
Small employer plans like a SEP or a SIMPLE-IRA are great opportunities for small businesses to sav...
ERISA requires disclosure of certain plan documents to participants including a summary plan descri...
Years ago, I was the Executive Editor of my law school’s news magazine. In one of my final issues...
I am still shocked at how often I find participant-directed 401(k) plans without a financial adviso...
When it comes to health and fitness, you constantly hear studies about what foods fight or cause ca...
