close

Balances were down

The stock market went down in 2022, so no surprise, so did 401(k) account balances. According to...

Fees need to be benchmarked

I had a contractor work on my house for a couple of projects. Frank installed a new front door, ins...

The Problematic Loan Provision

They often say that the road to hell is paved with good intentions. I don’t know who said it firs...

A Defined Benefit Plan isn’t about selling insurance

While the talk about retirement plans is usually centered on 401(k) plans, the value of a defined b...

The lawyer letter

When I was at law school, I was the editor of the student magazine there and I broke the story abou...

Get those affiliated service issues straightened out

As a 401(k) plan sponsor, you need to make sure that all your plan providers understand any ownersh...

Never let anyone assume you’re embezzling

I know two retirement plan providers in Federal prison for embezzling retirement plan assets. They ...

If new TPA asks you to set up a new plan, say no

When you switch third-party administrators (TPAs), there is a lot of work involved. I don’t recom...

2024 and the long time, part-time provision is around the corner

Life goes fast. Feels about 10 years ago that I started as an ERISA attorney in practice and that w...

The Solo 401(k) and Form 5500 trap

I think the Solo 401(k) plan is one of the great treats for sole proprietors. I have been using it ...