401(k) plans may contain many different provisions, which often require considerable work to administer. And the more difficult a plan is to administer, the costlier it can be. A 401(k) plan has a third-party administrator who conducts testing to ensure that the plan meets and follows IRS and DOL compliance standards as well as preparing … Continue reading “Is your 401(k) plan playing a shell game?”

On September 7, 2017, Equifax, one of the three main credit reporting agencies, announced a massive data security breach that exposed vital personal identification data — including names, addresses, birth dates, and Social Security numbers — on as many as 143 million consumers, roughly 55% of Americans age 18 and older.1 This data breach was especially egregious because … Continue reading “Worried about the Equifax Data Breach?”