Help for Small Businesses: Employee Retirement Benefit
It’s going to be a busy fall for employee benefit administrators and retirement plan sponsors across the country, as the federal government rolls out guidance and standards related to the SECURE Act. Small business owners…
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Cyber Liability Insurance for Small Businesses
Equifax! JP Morgan Chase! Capital One! Adobe…! Large companies, including these, are responsible for the massive security breaches of the past decade—impacting the personal data of hundreds of millions of customers. These stories make the…
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Who Is a Conservator? What is a Conservator Bond?
Words like “conservatorship,” “conservator” and “conservatee” most commonly hit the news when celebrity cases are in motion. Though these cases might tap our curiosity, we are more likely to find cases down the road, across…
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Changes Impacting ERISA Are Coming
Across the country, retirement plan sponsors are in “wait and see mode” as the U.S. Department of Labor (DOL) works to rapidly rolling out proposed new regulations. Many of the efforts are intended to respond…
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Got a Hobby? Get Licensed and You May Have a Business Too!
Everyone has activities they enjoy doing—and the variety is fun to consider. Perhaps you enjoy whipping up artisanal cocktails to share with friends. Or, maybe you can’t wait to go fishing in your free time….
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Our Aging Population: The Important Role of Guardians
The Population Research Bureau projects that by 2060 (just 40 years from now), there will be 95 million Americans older than 65. That’s an increase of 52 million people from 2018! Who will care for…
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Executing A Will: Are You Ready?
If a family member or friend has asked you to execute their estate for them upon their death, chances are that, like most people, you said, “of course” without really thinking about your duties. Understandable….
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Hiring Outside Advisors Does Not Remove Plan Sponsor Fiduciary Liability
Plan sponsors have a lot of responsibility as fiduciaries when managing an employee benefit plan. They have to make sure that the plan assets are invested properly, employees are given adequate information about benefits, employees…
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IHeart Communications Slammed with ERISA Class Lawsuit
iHeart Communications Inc. is now battling a proposed class action in the Northern District of Texas captained by plan participants and beneficiaries of its 401(k) plan. The plaintiffs of the case claim plan sponsors did…
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