Author Archives for hailey.blank@fiduciarywise.com

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Deciphering the Tenth Circuit’s Verdict on Matney v. Barrick Gold of North America

January 17, 2024 12:34 am Published by Comments Off on Deciphering the Tenth Circuit’s Verdict on Matney v. Barrick Gold of North America

By Donald K. Jones, BCF™ The recent decision in Matney v. Barrick Gold of North America by the Tenth Circuit Court of Appeals has left many in anticipation. Unsurprisingly, the Appeals Court upheld the lower District Court’s decision, consistent with its tendency to favor plan sponsors (Defendant) over the Plan participants (Plaintiffs). However, the significance [...]


401(k) limit increases to $22,500 for 2023, IRA limit rises to $6,500

December 13, 2022 12:37 am Published by Comments Off on 401(k) limit increases to $22,500 for 2023, IRA limit rises to $6,500

The following content is from IR-2022-188, October 21, 2022 WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. The IRS today also issued technical guidance regarding all of the cost-of-living adjustments affecting dollar limitations for [...]


Financial Factors in the Selection of Plan Investments

October 12, 2022 8:00 am Published by Comments Off on Financial Factors in the Selection of Plan Investments

Now that the DOL Final Rule called “FINANCIAL FACTORS IN THE SELECTION OF PLAN INVESTMENTS,” is a law (with a few exceptions for ESG type funds”, what can we expect the DOL will do from here in their investigations and how does that effect smaller plans? (less than $500 million) In our latest episode, the ‘Two Nerds’ [...]


Don Jones Selected for Steering Group, Committee for the Fiduciary Standard

September 15, 2022 8:00 am Published by Comments Off on Don Jones Selected for Steering Group, Committee for the Fiduciary Standard

Don Jones, Founder and Partner at Fiduciary Wise, joins the Steering Group for The Committee for the Fiduciary Standard. Why a Committee for the Fiduciary Standard? The Committee was formed in June 2009 by a group of investment professionals and fiduciary experts, just as policymakers and industry leaders were reviewing the repercussions of the financial [...]


SCOTUS and Substantive Measurements

September 14, 2022 8:00 am Published by Comments Off on SCOTUS and Substantive Measurements

Why did the Office of the Solicitor General of the United States ask SCOTUS in the Hughes v Northwestern University case to look at “substantive” measurements only in the monitoring of core funds in an ERISA plan? In our latest episode, the ‘Two Nerds’ discuss the Supreme Court of the United States and substantive measurements. [...]


Pecuniary and Substantive

August 16, 2022 2:19 am Published by Comments Off on Pecuniary and Substantive

In the latest episode of Two Fiduciary Nerds Disturbing the Peace with Jackie Reeves and Don Jones, our two co-hosts get nerdy discussing the words “pecuniary” and “substantive.” Our TENTH episode is definitely one to check out. These are important words to know in this industry and Jackie and Don explain why! “Two Nerds” features [...]


Our Position on Smith v. CommonSpirit Health

July 2, 2022 12:03 am Published by Comments Off on Our Position on Smith v. CommonSpirit Health

United States Court of Appeals for the Sixth Circuit All the comments presented are those of Fiduciary Wise, and anyone reading this should seek legal counsel before acting and not rely solely on our opinion. What Fiduciary Wise Chooses to do on All Fiduciary Issues? 1. We believe the method we use to evaluate one [...]


ERISA 402(a) Named Fiduciary

May 6, 2022 4:28 pm Published by Comments Off on ERISA 402(a) Named Fiduciary

What is an ERISA 402(a) Named Fiduciary? Don and Jackie tell us all about a GAME CHANGER for your team. If you want to reduce your risks and manage your accounts efficiently, you need a 402! Watch the latest episode of Two Fiduciary Nerds Disturbing the Peace. “Two Nerds” features Jackie Reeves, the Managing Director [...]


Introducing 2 Nerds Geeking Out!

April 28, 2022 4:04 pm Published by Comments Off on Introducing 2 Nerds Geeking Out!

We are so pleased to announce our new web series, 2 Nerds Geeking Outwith Don Jones and Jackie Reeves! In this first installment, we interview Clint Cannon, President of Cannon Capital Management. We appreciate your support of our original series, Two Fiduciary Nerds Disturbing the Peace. Now, in addition to our first show, we are [...]