Welcome to QPA Insights, where we’ll share knowledge and insights into ERISA 3 (38) qualified plans. Here our highly experienced team will write on topics plan sponsors and advisers alike will be interested in such as the regulatory environment, tools, plan management, and more.
Feel free to reach out to us at any time if you have questions about what you’ve read or would like to contact the author.
Young people - namely millennials - love technology. They don't care any more about personal service. They'd rather interact with a screen than a person. In particular, when it comes to their finances, they'd rather work with a "robo-advisor" than a human advisor....read more
Has your organization considered a plan amendment that would allow Roth contributions? Or, if you already permit Roth contributions, do you feel like you can easily converse with your employees who have related questions? In either case, please check out our new Roth...read more
"Workers throughout the United States are struggling with managing their finances, and that stress could spill into their company's bottom lines." That's the opening line of this PLANSPONSOR Article about a recent Mercer study. It does not get much clearer than that....read more
Last week the IRS acted swiftly to provide much needed relief for the thousands affected by Hurricane Harvey. More specifically, Announcement 2017-11 greatly relaxes loan and hardship distribution rules in an effort to help those individuals and their families in a...read more
As we work to implement thoughtful plan design structures and to ensure participants receive adequate opportunity for investment diversification, it's helpful to study how participants are using various plan features. Further, it's helpful to assess the trends and...read more
Many plan sponsors make plan loans available in the hopes that they will make employees more comfortable about saving. After all, doesn't it seem more appealing to put away money if you know you retain access to it? Of course, once loans are made available - and once...read more
Carve out some time to read our White Paper on "The Positive Impact of Automatic Features", which you can...read more
In a meeting with a plan committee yesterday, we asked about the plan's primary purpose. Have you discussed that question within your committee or trustee meetings? If so, it's likely that the answer has begun to shift over the last few years. The old answer was...read more
We traveled to Houston last week to visit with plan sponsors who are seeking additional solutions to reach their employees. The conversations demonstrated a common theme: despite the development of additional electronic tools, people want to talk to people -...read more
In the last couple of years employers have become more aware of the importance of their employees' financial wellness. We know that employees now expect their employers to provide financial wellness education. We also know that employers are increasingly doing so. In...read more
Matthew J. Eickman
Matthew loves to write. He also loves to think, though he’s probably a better writer than a thinker. He does not like to be on camera or in videos. This blog will allow him to write, challenge his ability to think, and, from time to time, test him with video blog entries.
He has a unique blend of legal and practical experience that helps us to serve our clients well. On the one hand, he has more than 12 years of private legal practice experience focusing exclusively on employee benefits, including time as a partner in an employee benefits boutique where he has represented clients in front of the DOL and IRS. On the other hand, he holds his FINRA Series 7 and 66 registrations and serves as the Director of ERISA Services for Qualified Plan Advisors.
Matthew likes to stay active. He provides fiduciary training, Investment Policy Statement design, and vendor oversight to our clients. He is an active member of the Employee Benefits Committee of the American Bar Association Tax Section, serving as Chair of the Defined Contribution Plans Subcommittee. He also has been appointed to the IRS TE/GE Gulf States Council and is a frequent speaker on regulatory developments, fiduciary responsibilities, and retirement readiness.
Most importantly, he stays active with his family. His wife, Laura, is the founder of REbeL, Inc., a not-for-profit organization. His three young boys are mixed up in far too many sports, and they enjoy traveling, watching college football, running with Dad, and rooting for the Huskers.