Monthly Archives: January 2022

Your ERISA Watch – Eighth Circuit Rules That Life Insurance Beneficiary Can Pursue Breach of Fiduciary Duty Claim Against Employer for Misrepresenting the Key Terms and Benefits of Its Plan


Delker v. MasterCard Int’l, Inc., No. 20-3600, __ F.4th __, 2022 WL 38468 (8th Cir. Jan. 5, 2022) (Before Circuit Judges Smith, Gruender, and Stras). Of all the benefit plans employers offer their employees, life insurance plans are usually the simplest. However, even these plans can cause headaches if they are not properly designed and […]

Tip of the Week

Mental Accounting, the Social Safety Net, and Pensions as Piggy Banks Mental accounting is the set of cognitive operations used by individuals and households to organize, evaluate, and keep track of financial activities. The mental accounting approach to retirement saving is an important consideration in explaining the behavioral economics perspective on pension-savings decisions that individuals […]

The Impact of Taxes on Retirement

Mike McGlothlin CFP®, CHFC®, CLU®, LUTCF®, NSSA® History has taught us taxes never increase evenly across the board for every client. Marginal tax rates and measure of income — whether it’s modified adjusted gross income or combined income — are two important aspects to be considered. They can have a devastating effect on retirement income […]

Your ERISA Watch – Eighth Circuit Warns Disability Administrators to Think Twice Before Terminating Disability Benefits


Eighth Circuit reversed a denial of disability benefits to a long-term recipient of such benefits: Roehr v. Sun Life Assurance Co. of Canada, No. 21-1559, __ F.4th __, 2021 WL 6109959 (8th Cir. Dec. 27, 2021) (Before Circuit Judges Kelly, Erickson, and Grasz). Insurers who are stuck with long-term expensive disability claims are often looking […]