Quarterly Market Commentary - 2021 Q2

Executive Summary Resurgence of Covid cases and the anti-vaxers could dampen economic activities and thus diminish demand driven inflation pressure. The U.S. economy has likely passed...


DOL Final Rule Prohibited Transaction Exemption 2020 02 for Investment Fiduciary

ERISA and the IRC establish prohibited transaction provisions that generally exclude fiduciaries, with respect to workplace retirement plans (Plan or Plans) and individual retirement accounts and...


Quarterly Market Commentary - 2021 Q1

Executive Summary The three known COVID-19 variants are contributing to a third or fourth wave of infection, hospitalization, and death around the world. All three strains have arrived in the U.S....


ERISA CYBERSECURITY Best Practices & TIPS

The Employee Benefits Security Administration of the Department of Labor issued a new guidance for plan sponsors and fiduciaries regulated by the Employee Retirement Income Security Act (ERISA).  The...


Quarterly Market Commentary - 2020 Q4

The recent experiences from 9/11, 2008 and 2020 should clearly remind us all that the future is unknowable.  Regardless of how smart, thoughtful and experienced one may be, predicting the future is...


Pooled Employer Plan

POOLED EMPLOYER PLAN (PEP) created in 2019 under the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) intends to: Extend retirement plan accessibility especially to...


DOL Final Rule: Financial Factors in Selecting Plan Investments

On November 13, 2020, the DOL issued final regulation, to promulgate principles of fiduciary standards for selecting and monitoring investments, and set forth the scope of fiduciary duties surrounding...


401k Wire - Jenny Johnson's SPARK Interview with Philip Chao

The publication 401kWire.com recently released an article regarding Philip Chao's interview with Jenny Johnson, Franklin Templeton President and CEO, at this month's SPARK conference. Here is the...


Quarterly Market Commentary - 2020 Q3

We had a V-shaped bounce after a sudden and steep fall, but the V-shaped bounce has not yet returned the U.S. or global economy back to pre-COVID-19 “normal” economic activities. We are also...


DOL Interim Final Rule: Pension Benefit Statements - Lifetime Income Illustrations

The Department of Labor’s Employee Benefits Security Administration (EBSA) announced an interim final rule (IFR) for administrators of defined contribution retirement plans, such as 401(k) plans....