I love Las Vegas. Great restaurants, great shows, and five trips in a row without dropping a nickel into a slot machine. Why? Because I hate gambling. I hate losing even more. Honestly, just getting out of bed every morning is…
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/ Administrative Law, Finance & Banking, Labor & Employment Law, Taxation
Many moons ago, I got a call from a bank with a problem. For two decades—yes, twenty years—they had failed to include bonuses as part of plan compensation. The kicker? They were supposed to. This wasn’t a gray area; the plan…
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/ Administrative Law, Finance & Banking, Labor & Employment Law, Taxation
Let’s get one thing straight: The Shawshank Redemption isn’t just about prison. If you think it’s just a story about a guy escaping through 500 yards of foulness, you’re missing the point—and probably still stuck in your own…
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/ Business Organizations, Labor & Employment Law
Following a jury’s decision to award over $38 million to a class of more than 26,000 participants in Pentegra’s multiple employer plan, the issue of working with providers affiliated with the plan sponsor highlights the…
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/ Civil Procedure, Finance & Banking, Labor & Employment Law
Artificial Intelligence. It sounds futuristic, impressive, and maybe even a little terrifying—like something you’d expect in a sci-fi movie where robots take over the world. I’m still convinced that AI is just Skynet in sheep’s…
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/ Finance & Banking, Labor & Employment Law
You know what everyone’s talking about lately in the retirement plan world? Pooled Employer Plans — PEPs! Yeah, PEPs. Like they’re the second coming of sliced bread. Spoiler alert: they’re not…
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/ Finance & Banking, Labor & Employment Law
Look, I get it. There are a lot of lawyers out there. Ambulance chasers, courtroom showmen, legal eagles with late-night TV spots and suspiciously white teeth. But here’s the thing: I’m not one of them…
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/ Labor & Employment Law, Law Firm Marketing
T. Rowe Price announced today the launch of in-plan emergency savings accounts (ESAs) for participants in retirement plans…
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/ Finance & Banking, Labor & Employment Law
Nothing surprises me much anymore, neither should the results of the survey that a Nasdaq 100 survey supports the inclusion of Nasdaq 100 index funds…
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/ Labor & Employment Law, Finance & Banking
I have experienced several bear markets as an ERISA attorney, and it’s never easy, especially with the current volatility due to tariffs…
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/ Finance & Banking, Labor & Employment Law
So often, people forget why something was implemented or done. They lose their way. That’s how I felt as a synagogue Vice President for about a year. As a 27-year ERISA attorney, I have encountered so many 401(k) plan sponsors…
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/ Finance & Banking, Labor & Employment Law
Whole Foods Market has agreed to settle a class-action lawsuit that alleged the company failed to prudently manage the administrative fees of its $1.9 billion 401(k) plan, resulting in millions in losses for employees…
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/ Civil Remedies, Labor & Employment Law
For years, I observed that federal courts were growing weary of cases involving fee litigation, but then the Supreme Court changed that perspective…
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/ Civil Procedure, Finance & Banking, Labor & Employment Law
Blue Ridge Associates announced today that it has acquired Qualified Retirement Plan Services, Inc. (QRPS) based in Raleigh, North Carolina…
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/ Finance & Banking, Mergers & Acquisitions
As a 401(k) plan sponsor, you need to understand that not only is the plan a great benefit for you and your employees, but it has some negative aspects if you’re not proactive in maintaining it. If you ignore your 401(k) plan,…
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/ Finance & Banking, Labor & Employment Law, Taxation
