Funds Recovered: Enforcement!
The latest statistics about the Department of Labor’s investigatory and recovery efforts on behalf of retirement plan participants demonstrate that fiduciary failures come at a tremendous cost to plans, participants and beneficiaries. A major…
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Failure To Shop Around?
Settlements continue to pile up as a way to bring excessive fee lawsuits against retirement plan sponsors to closure. Though admitting no wrong, employers find that the disruption and costs associated with defense—and the uphill…
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Benefiting From Tax Season?
A year round strategy for taxes is the best way to move a contracting business forward. That’s the advice of experts who point out that deferring income, a typical tactic to reduce tax payments,…
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Tech Talk
All around us we can see, in real time, how artificial intelligence (AI), the Internet of Things (IoT) augmented/virtual reality (AR/VR) and interconnected equipment are changing our lives. Analysts say technology’s coming for construction…
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What Exactly Is An Estate?
Simply put, an estate is the sum total of everything we own. Planning for what becomes of our assets—aka estate planning, makes sense for everyone, ensuring affairs are in order for loved ones, and…
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Joint Ownership: For Convenience?
Having more then one owner named on property or financial accounts generally enables a smooth transition upon the death of one owner. Estate planning experts share examples and advice about the usefulness of joint…
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We’re A Happy Family?
Family and estate lawyers see a lot—and it is not always pretty. Accordingly, attorneys advice that it’s best to button up estate plans carefully, so that conflicts cannot spring up through the cracks. Here,…
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Assume The Obligation: Cybersecurity
Attorneys specializing in ERISA law are carefully monitoring several cases currently winding their way through the courts: decisions are likely to establish precedents related to the fiduciary responsibilities associated with cybersecurity. Plan sponsors are…
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Hundreds of Hours of Work…
Hundreds of Hours of Work… That’s what it can take businesses to paddle out from under the damage and chaos caused by cyber breaches. Notifications, regulatory processes, credit and identity monitoring, forensics—all require careful attention….
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