Ary Rosenbaum
The Rosenbaum Law Firm P.C.

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734 Franklin Avenue
Suite 302
Greater New York City Area, New York 11530, United States
Phone: 516.594.1557
Fax: 516-368-3780
Areas of Practice
  • Business Organizations
  • Labor & Employment Law
  • Taxation

How 401(k) Plan Sponsors Can Avoid Turning Their Plan Into A Disaster

I’m a movie fan especially a fan of movies from the 1970s. One genre of movies made famous during the 1970s was the disaster movie. The Poseidon Adventure, Airport, and The Towering Inferno led to a great successful genre until…more
 /  Business Organizations, Finance & Banking, Labor & Employment Law, Law Practice Products & Services, Taxation

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 far better than Westbury and Valley Stream and people think I’m crazy to travel 15 minutes more for a better run store with better…more
 /  Finance & Banking, Law Practice Products & Services

Advisors Advantage - November 2017

The Bottom Line For Retirement Plan Providers. More plan assets for your clients is a good thing for many reasons. When I had the idea of starting a National ERISA practice 10 years ago, I knew I would have a tough time in…more
 /  Business Organizations, Finance & Banking, Labor & Employment Law, Law Practice Products & Services, Securities Law

It might be you

Prior to starting my own law firm, I had made many different employer changes over the years to the point that my position as the head of my law firm is the longest time I’ve been employed at one place and that’s only…more
 /  Law Practice Products & Services

IRS announces 2018 retirement plan limits

As 2017 nears its end, we already have the retirement plan limits set for 2008 by the Internal Revenue Service (IRS). For 401(k) plans, the 2018 limit for salary deferrals contributions is $18,500, up $500 from 2017’s limit…more
 /  Business Organizations, Finance & Banking, Labor & Employment Law, Law Practice Products & Services, Taxation

No Deferral Cap, But Let’s Not Celebrate

The Republicans in the House of Representatives unveiled their tax reform plan and there includes no substantial change to 401(k) plans. Everyone in the retirement plan industry and most individuals with common sense were…more
 /  Elections & Politics, Finance & Banking, Taxation

It Looks Good On Paper For The 401(k) Plan Sponsor, But…

Often there are things that look good on paper and don’t look good in practice like an Apple Newton or Incredible Universe. Those business bombs cost the businesses that pushed them out. For 401(k) plan sponsors, they can ill…more
 /  Business Organizations, Finance & Banking, Labor & Employment Law, Law Practice Products & Services, Taxation

Did Vantage Take Advantage?

Well over a week ago, I got the startling news that the FBI closed down the office of Vantage Benefits, a Dallas based third-party administrator. I didn’t make any comment on it until it was properly reported that their offices…more
 /  Business Torts, Finance & Banking

Watch for any Potential Conflicts of Interest

It’s amazing sometimes how people are blind to conflicts of interest that are as clear as day. In my local hamlet, the Library Board hired a School District board member as their attorney even though there is a financial…more
 /  Finance & Banking, Labor & Employment Law

Massachusetts proposes a MEP and why it’s a bad idea

After Vermont decided to proceed with sponsoring an open multiple employer plan (MEP), legislation proposed would make Massachusetts the second state to sponsor a 401(k) MEP. Prior to May 2012, we had a decent market for open…more
 /  Finance & Banking, Health, Labor & Employment Law

The Bottom Line For Retirement Plan Providers

When I had the idea of starting a National ERISA practice 10 years ago, I knew I would have a tough time in getting clients especially when the law firm I was at had partners that weren’t interested in selling my services to…more
 /  Business Organizations, Finance & Banking, Labor & Employment Law, Law Practice Products & Services, Taxation

Don’t ignore your clients and the fees they pay

I first started paying for my own vehicle when I got my first job as an ERISA attorney, It was a brand new1998 Toyota Camry. I was looking for car insurance and the best rate was through an insurance company that my father’s…more
 /  Law Practice Products & Services

Trump and the 401(k) Flip Flop

After word leaked that proposal for tax reform may include a provision limiting pre-tax salary deferrals to $2,400, President trump said any proposal limiting deferrals wasn’t likely. Then about a day or so later, Trump said…more
 /  Elections & Politics, Finance & Banking, Labor & Employment Law, Securities Law, Taxation

Don’t give good employees the wrong idea

I always say that the reason I’ve never hired an employee is because I was an employee once too. I say that the problem with the employee-employer relationship is that no employee thinks they get paid too much and no employer…more
 /  Labor & Employment Law

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

The snowball effect is a term for a process that starts from something that is small and builds upon itself, becoming larger and also perhaps potentially dangerous or disastrous. The idea is that an avalanche can be started by a…more
 /  Finance & Banking, Labor & Employment Law, Securities Law
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