Legal News

When it comes to your health, there are certain symptoms you should look out for that could be a harbinger of something wrong. The same can be said of your 401(k) plan. Here are some things to consider......By: Ary Rosenbaum

In the past 35 years, it changed on who had to take out a required minimum distribution (RMD) from a qualified retirement plan. Thankfully, it hasn’t changed since 1997. So a person who is a 5% owner has to take out an RMD from the plan after...By: Ary Rosenbaum

Studies previously showed that participation rates in a 401(k) plan are negatively impacted when there are more funds on a 401(k) fund lineup. However, a new study suggests that adding more funds is better....By: Ary Rosenbaum

Key Points - The off-payroll rules (IR35) aim to stop individuals from avoiding employee status for tax purposes (and thereby reducing the income tax and National Insurance Contributions (NICs) payable) by supplying their services through an...By: Katten Muchin Rosenman LLP

As part of an analysis, Fidelity Investments compared average asset allocations of participants to an age-based Target Date Fund and they found that nearly a quarter (23%) of 401(k) savers still have a higher percentage of equities than recommended,...By: Ary Rosenbaum

One of my favorite sayings is that you should never make yourself a target, but when you are a mutual fund company and you use your own proprietary funds as an investment option in your 401(k) plan, you are certainly a target for the ERISA litigators...By: Ary Rosenbaum

I have worked with several associations in setting up a multiple employer plan (MEP) and even more, that didn’t want to start one....By: Ary Rosenbaum

When Steve Jobs would lead an Apple press conference, he would always end it with “one more thing,” which was an important announcement of a new Apple product. It was his trademark and it was quite memorable. To echo that, here are some things that...By: Ary Rosenbaum

At home, I have Verizon FIOS for TV and the Internet and that was after having my cable provider, Optimum for about 13 years. A few months back, I was enticed to re-sign with Optimum and their new Altice converter box/router. When it came the day of...By: Ary Rosenbaum

I’m a long-suffering fan of the Mets and over the past two years, I’ve had to deal with the underwhelming leadership of Mickey Callaway as the team’s manager. Callaway was never a manager and it showed. He was a successful pitching coach of the...By: Ary Rosenbaum