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Plans should get rid of those forfeitures

Forfeitures that occur when people terminate service from retirement plans is usually a problem when...

The Problem With Multiple Loans

When drafting new 401(k) plans, I always recommend allowing for a loan provision. I know there are q...

Communication with Plan Providers is Key

I get along with people for the most part because I make the effort. It’s also a lot easier to fun...

Confirm what the auditor says

If you have a retirement plan with more than 100 participants, you probably have a plan audit (if yo...

Get fiduciary liability insurance

The warranty in the electronics business is gravy for the retailers who sell it. You’ll be surpris...

Location of your plan provider isn’t an issue these days

I’m the guy who will travel to a Target further from my home because the Target in Farmingdale is ...

IRS announces 2018 retirement plan limits

As 2017 nears its end, we already have the retirement plan limits set for 2008 by the Internal Reven...

Don’t want to call an ERISA attorney? It’ll snowball

The snowball effect is term for a process that starts from something that is small and builds upon i...

There is a difference in the quality of service that TPAs offer

In any service industry, the quality of service and price can be far and wide. While people say that...

The greatest plan audit ever

For 18 years, I have been working on retirement plan audits. Either the plan was under examination b...