Legal News

Hot Topics For 401(k) Plan Providers. Stuff you should be aware of. The beauty of the retirement plan business is that it's constantly changing, the bad part of it is that it's constantly changing. As a plan provider, you always need to be on your...By: Ary Rosenbaum

401(k) Plan Sponsors Maybe Cutting Their Nose To Spite Their Face. It's an absolute mistake. I once worked for a man who was the type of person who wouldn't have minded to have lost $5 to save $3. I was at a Synagogue where the fundraising...By: Ary Rosenbaum

Years ago, as a naïve associate at a semi-prestigious law firm (sorry Lois), I got the short end of the stick to attend a quarterly Taft-Hartley meeting in Staten Island for a multi-employer plan. If you ever have to drive from Long Island to Staten...By: Ary Rosenbaum

The beauty of the retirement plan business is that it’s constantly changing, the bad part of it is that it’s constantly changing. As a plan provider, you always need to be on your toes because it’s such a competitive marketplace that you can’t afford...By: Ary Rosenbaum

As everyone knows, I’m not a big fan of payroll providers being third-party administrators, at least the big two. However, there may be opportunities for you to augment your services and make a couple of extra bucks....By: Ary Rosenbaum

When things go wrong on a construction project it’s often a scramble of finger pointing. In McMillin Homes Construction, Inc. v. National Fire & Marine Insurance Company, Case No. D074219 (June 5, 2019), the California Court of Appeals for the 4th...By: Wendel, Rosen, Black & Dean LLP

I’m sure that everyone knows that Secretary of Labor Alexander Acosta resigned over the controversy of a plea deal he negotiated as a U.S. Attorney in Florida with Jeffrey Epstein back in 2008....By: Ary Rosenbaum

When a participant of yours leaves or is let go, I think one of the most important things you can do is make sure they roll out their assets from your retirement plan....By: Ary Rosenbaum

Your plan’s eligibility provision is a big thing because it serves as a gatekeeper for which employees you want to cover based on your demographics, it’s like a velvet rope at the local club....By: Ary Rosenbaum

I once worked for a man who was the type of person who wouldn’t have minded to have lost $5 to save $3. I was at a Synagogue where the fundraising chairperson would only always organize events at the very last minute and never wondered why we never...By: Ary Rosenbaum