While many business owners focus heavily on the initial setup involved in sponsoring a 401k for employees—selecting a recordkeeper, choosing a fund menu, and enrolling staff—the ongoing administration of the plan often falls by the wayside as day-to-day business demands...

Thankfully, most families avoid the added stress and heartache of problems associated with conflicts over the estate of a deceased loved one. Proactive planning with the guidance of an experienced attorney, clear communication, and the preparation of the fiduciary designated...

When a family conflict erupts over a will, a trust, or the control of a shared family asset, the court battle rarely turns on a sudden twist or a complex legal mystery. Stripped of the emotional drama, almost every estate...

For retirement plan sponsors, cybersecurity continues to climb the list of concerns. The trillions of savings invested in retirement accounts is obviously a target for cybercriminals, and the growing use of AI in plan administration creates new vulnerabilities. Examine the...

With about 62.3 million Americans employed by small businesses, it’s clear that sponsoring a retirement plan is among the most critical actions small business owners can take. That doesn’t mean it’s easy, since most small businesses do not have the...

The U.S. Department of Labor has regulatory and investigatory authority under the Employee Retirement Income Security Act of 1974 (ERISA), and through its Employee Benefits Security Administration (EBSA), works to ensure “the security of the retirement, health, and other workplace-related...

The playbook for ERISA lawsuits is undergoing a major rewrite. Moving past standard fights over high fees and poor fund performance, plaintiffs’ lawyers are now targeting the underlying machinery of plan administration—from actuarial formulas and forfeiture distribution to day-to-day operations....

Effective estate planning is about much more than creating the legal documents that organize your affairs: it’s about designating the individuals who become responsible for carrying out your plans. Those you choose to serve as your power of attorney, executor...

For many aging parents, the most valuable asset to be passed to the next generation is the family home, and given the housing market, inheriting a home can indeed be life changing. However, when siblings need to act together on...

If you are starting to worry about your aging parents, yes, most likely it is time to get involved in planning with them. And yes, doing so will feel awkward in many ways, since they’ve put in decades of independently...