Monthly Archives: November 2021

The Hidden Inflation Tax (and how to plan for it)

Mike McGlothlin CFP®, CHFC®, CLU®, LUTCF®, NSSA® If I asked you what you think the highest taxes in America are, what would you answer? Most of us automatically go to the highest marginal tax bracket. Or maybe you’re thinking about capital gains. But I think of something different. I think it’s the hidden taxes that […]

Tip of the Week

The Ethics of Life Insurance Selling Licensed insurance producers engage in marketing and sales activities subject to a complex network of state and federal statutes, regulations, and industry practices that clearly define multiple levels of overlapping standards for ethical conduct in their sales activities with the general public. Oftentimes agent conduct can stray into gray […]

Your ERISA Watch -Court Finds the “Trout in the Milk”

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Host v. First Unum Life Ins. Co., No. CV 18-11504-DPW, __ F. Supp. 3d __, 2021 WL 5040354 (D. Mass. Oct. 28, 2021) (Judge Douglas P. Woodlock). Disability benefit rulings in ERISA cases are often very dry affairs. The cases are highly factual, and most cases consist of a battle between the claimant’s doctors and […]

Your ERISA Watch – Lowe’s 401(k) Participants Lose at Trial After Winning Every Battle

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Reetz v. Lowe’s Companies, Inc., No. 5:18-CV-00075-KDB-DCK, 2021 WL 4771535 (W.D.N.C. Oct. 12, 2021) (Judge Kenneth D. Bell). This week’s notable decision is a surprising loss for participants in Lowe’s 401(k) pension plan against the plan’s investment manager, Aon Hewitt Investment Consulting, following class certification, success on summary judgment, and a multi-million-dollar, court-approved settlement with […]