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To be safe, read those trust statements

In light of some troubling news that a third party administrator (TPA) was shut down by the Federal ...

HEY PLAN SPONSOR….. IN CASE YOU DIDN’T KNOW, YOU’RE A FIDUCIARY!

There’s been some great articles published recently about the “lack of fiduciary awareness” am...

Class action lawsuit isn’t the only fear

Plan sponsors will say it all the time: they are too small to be sued in a class action lawsuit. Tha...

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...