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What Financial Advisors Really Do

One would think that the role of a retirement plan financial advisor is to pick plan investments. Mo...

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Beware of Insurance Brokers Masked as TPAs

A friend of mine who is a financial advisor asked me about a third party administration (TPA) firm t...

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Plan sponsors needs to keep record of all plan amendments

I didn’t have such a wonderful time at law school because I felt the administration and much of th...

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“Experience” means lots of things

I always talk about how plan sponsors need to work with experienced financial advisors, third party ...

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Don’t gyp employees on retirement plans

As I’ve stated before, I wouldn’t hire employees because I was an employee once too. That pretty...

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You Get What You Pay For

A few years ago, we were hired by a company to assist them on an Internal Revenue Service (IRS) audi...

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Let Former Employees Roll Their Money Out

One of the rules I live by is that I believe that you should never let someone who dislikes you be i...

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I SIGN THE FORM 5500 – PART 3 – I’M SUPPOSED TO BE DOING WHAT?

I began this series of articles last year.  In Parts 1 and 2 (which you can find on my LinkedIn pro...

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Credentials and awards could just be a paid smokescreen

A Long Island business newspaper once named my old law firm’s administrator as its Chief Financial...

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Legal Costs Don’t Have To Be That Staggering

The cost of correcting plan errors can be expensive. It can be expensive through corrective contribu...