Art of the Qualified Plan Audit

Posted By: Maria Hurd, CPA, RPA Growing up, my father always said this phrase when dealing with disagreements or differences of opinion: “En este mundo traidor, nada es verdad ni mentira, todo es segun el color, del cristal con que se mira,” which is a quote from Ramon de Campoamor meaning “In this deceitful world, … Continued

Our recent blog “So You Are Changing Jobs…Are You Forgetting Something?” urged people to consider a rollover of their retirement accounts when joining a new employer plan

We live in an ever-changing world. Some areas which will most likely change many times during your lifetime include your car, job, the place where you live, your hobbies, your relationships with others, and even the organizations you associate with.

Plan administrators probably view the management representation letter as a document they must sign so they likely do so without reading it closely.

Posted by  Maria T. Hurd, CPA Juliet: “What’s in a name? That which we call a rose By any other name would smell as sweet.” Let us consider what a name is. It is the grouping of letters that represent the identification of a person, object, or entity. However, the words may not be exactly representative … Continued

Posted by Michelle J. Cross, CPA A court recently fined a plan sponsor over $35 million for breach of fiduciary trust by causing employees to pay excessive fees in their 401(k) accounts. You may be thinking to yourself, “Wow, they must have been stealing from the plan!” They weren’t. But they did do something wrong…they … Continued