Category: Finance

According to Bloomberg Law, “More than 180 lawsuits challenging 401(k) plan fees have been filed in federal courts since 2020. About 20 of these cases have settled so far with settling employers. Some of those recent suits include excessive record keeping and investment fees, breaching fiduciary duties, and self-dealing, to name a few.  In addition, businesses have been levied fines for late/incomplete Form 5500 forms which are required for ERISA 401(k) plans. Paul Fokken discusses the importance of fiduciary governance and what it means to be a prudent expert. He…

Todd Smith discusses his mission to impact and improve the Financial Lives of others by maximizing their potential – both personally and professionally. Questions covered in this interview include: What does a 21st Century accountant practice look like? What common challenges do accountants face? How can we help improve an accountant’s business and life? Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-todd-smith-cfp-president-ceo-of-level-5-financial-discussing-how-he-serves-cpas/  Todd explained that: “With today’s hectic lifestyles, it’s tough to find the time, the interest, or expertise to navigate the myriad of financial trials you…

Paul Fokken discusses how employers have a choice to offer Personalized Professional Account Management (PPAM) to all employees with 401(k) Maneuver.  The goal of 401(k) maneuver is to: improve account Performance over time, manage downside risk to minimize losses, decrease fees that harm account performance and avoid default funds with personalized professional advice. Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-paul-fokken-with-401k-maneuver-discussing-how-to-give-employees-the-private-independent-401k-advice-they-want-need-deserve/  Questions covered in this interview include: What are managed 401(k) Accounts and specifically what is Personalized Professional Account Management (PPAM)? Why should a business consider offering…

Wornel Simpson discusses more than 35 years of experience developing diversified financial business management strategies. Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-wornel-and-kellen-simpson-financial-professionals-with-wornel-simpson-and-associates/ Wornel explained: “Our mission is to see our clients through life’s personal and financial struggles utilizing objectivity, judgment, instinct, and compassion. We are devoted to providing sound fiscal advice in an efficient, responsive manner. Our company consistently strives to conduct business at the highest level, relying on the cornerstones of our firm- ethics, excellence, and commitment to the needs of our clients. Our Financial…

Tony Lupina, Owner of Lupina Financial Services, Discusses His Approach to Helping His Clients with Financial Planning and Retirement Using Life Insurance Listen to the interview on the Business Innovators Radio Network   https://businessinnovatorsradio.com/interview-with-tony-lupina-owner-of-lupina-financial-services/ As the Insurance  Industry continues to evolve with technology with new and better products for the present and the future, we are here to provide the best solutions for our clients’ needs. Lupina explained that ” Lupina Financial Services offers life insurance products that help you plan for the Future. Index Universal Life and Whole Life includes…

American Senior Benefits is dedicated to serving those in need of insurance, especially seniors. They are proudly independent, answering only to their customers. Customers’ choices are key life decisions, and they work every day to help them find the right solutions at affordable prices. What they do is essential, personal, and precise. Every time they help a customer make a decision that’s right for them, it makes them – and their organization – stronger. A hybrid business model – because a custom solution fits better. American Senior Benefits operates a…