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Business Mentors

VIEWPOINT: Benefit-Plan Administration Impact of Extension of National Emergency Period

President Joe Biden once again continued the “National Emergency Concerning the COVID-19 Pandemic (National Emergency)” on Feb. 18. The National Emergency had been set to expire on March 1. Pursuant to the notice issued by President Biden, the National Emergency that was initially declared on March 13, 2020 (beginning March 1, 2020), must continue in effect […]

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VIEWPOINT: Important Recent ESOP Developments

We saw several significant legal developments relating to employee stock-ownership plans (ESOPs) last year. This article will summarize a few of the most important developments. Fiduciary Indemnification and Insurance — Scalia v. Professional Fiduciary Services, LLC Fiduciaries of benefit plans covered by the Employee Retirement Income Security Act of 1974 (ERISA), including ESOPs, are subject to personal liability

VIEWPOINT: 8 Marketing Mistakes to Avoid at All Costs

Do you ever feel like you’re spending money like crazy on marketing and getting little or nothing in return? If so, you might be tempted to pull the plug on marketing altogether. That would be a big mistake. An effective marketing strategy can mean the difference between your organization’s success and failure. To maximize your strategy, there

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