Monthly Archives: June 2020

On June 29, 2020, the U.S. Department of Labor announced the new proposed regulations regarding the regulation of investment advice under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (the Code).

The Risk of Being Risk Averse – and What to do About it Clients are not robots; both their needs and attitudes change with time. Take, for example, an individual who has been a risk-taker during her entire working life, but as the terror of no longer receiving a paycheck in retirement sets in, she […]

I thought it is interested to reiterate the purpose of investments in a Plan and to highlight, “This proposal ensures that fiduciaries act with a single-minded focus on the interests of beneficiaries,”.

Referral Coach, Bill Cates, discusses the client acquisition process and the referral hierarchy

I’ve addressed two interesting topics regarding these distributions.

Employment-Related Split-Dollar Arrangements Split dollar appeals to employers and employees, not only for cash accumulation but for inexpensive life insurance as well. While the math involved in split-dollar administration is not very challenging, there is a learning curve. If one keeps to the basics, however, it is manageable. The calculation of the imputed interest income […]

Plan sponsors, usually the employer, in many cases has the risk tolerance to seek alternative investments in their retirement plan.

Referral Coach, Bill Cates, answers why most advisors don’t ask for introductions.

Removing the Irrevocable Life Insurance Trust as the Default in Estate Planning Life insurance in estate planning needs a fresh look. Instead of assuming the use of an Irrevocable Life Insurance Trust (ILIT) as the default estate planning approach, we should instead look at it as one of many ways of implementing a life insurance […]