Retirement Funds: Performance vs ESG
As protocols for environmental, social and governance (ESG) investment options continue to be murky, a new class action complaint puts the spotlight on the fiduciary duty of prudence. Essentially, this latest class action lawsuit…
Read Moreabout Retirement Funds: Performance vs ESG
ERISA 3(16) Fiduciary Explained
ERISA, the Employment Retirement Security Act of 1974, established the standards governing employer sponsored retirement and health plans. For the protection of participants, ERISA considers sponsors fiduciaries and holds them to exceptionally high standards….
Read Moreabout ERISA 3(16) Fiduciary Explained
Catch-up Contributions?
Retirement plan participants are allowed to make catch-up contributions, but a question that arises in plan administration is: When does an employee salary deferral …
Read Moreabout Catch-up Contributions?
Estate Administration?
When a loved one dies, their affairs need to be brought to closure, and the process of doing so is often referred to as estate administration. Read on for an overview of what to…
Read Moreabout Estate Administration?
Dog, Cat, Parrot, Turtle…
Pets can have very long lives. Macaw parrots for example, live for about 50 years–but can reach 100. Turtles too require decades of attention. With advancements in veterinary science, even “regular” pets, like cats…
Read Moreabout Dog, Cat, Parrot, Turtle…
Plan Document: Fiduciary Fundamentals
A fundamental responsibility of retirement plan sponsors is establishing, adhering to and periodically updating the plan document, which essentially functions as a master guide to ensuring the plan is operating correctly. Here are key…
Read Moreabout Plan Document: Fiduciary Fundamentals
Do Over?
Unfortunately, despite research that shows most retirees harbor a lot of “should have, would have, could have” related to their savings and financial plans, there is no going back. Though do overs are impossible,…
Read Moreabout Do Over?
Who Should Be Your Trustee?
Who Should Be Your Trustee?More and more families are recognizing the usefulness of trusts for both care plans and estate plans. Attorneys remind us that in addition to thinking critically about the type of trust…
Read Moreabout Who Should Be Your Trustee?
Wills and Trusts: The Differences Explained
Organizing our assets for distribution to others is obviously important. Even if we have carefully managed to set aside just a little more then we need, gifts will mean a great deal to loved…
Read Moreabout Wills and Trusts: The Differences Explained