close

If you can do a Roth, do it by

I love the idea of a Roth 401(k) and if you could afford to lose the tax deduction of a 401(k) defer...

Take care of that beneficiary stuff

It happens all the time, an unmarried plan participant signs up for a retirement plan and designates...

Be a nice family member, get your beneficiary forms in order

I hate death, I hate talking about death, the whole point of living is not dying. Yet, when it comes...

If it’s free, how much can it be?

Years ago, I started working and had a lot of free time (before marriage and kids). I saw that the l...

Put a process in place to find missing participants

More than 16 million accounts of $5,000 or less — $8.5 billion in the aggregate — were left in w...

Hell hath no fury than a former employee scorned

I always say that the reason I don’t have employees is I was once an employee too. I was never tot...

Beware of the audit of the audit and don’t pay for it

A plan with 100 or more participants requires an audit of a plan’s financial standing conducted by...

Hire an ERISA attorney for an audit

Attorneys have a bad reputation and a lot of times, it’s warranted. I jokingly said I knew why peo...

The forgetful part of the DFVCP will cost you

The Delinquent Filer Voluntary Compliance Program (DFVCP) is a Department of Labor (DOL) program des...

ERISA attorneys and the snowball effect

When it comes to retirement plans, we have a snowball effect. The effect is usually when the plan sp...