Ed McCarthy - Profile and Journalist Details
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Verified
Financial and Business Writer, Freelance
Rhode Isl
Beats
sociology, health issues. internet of things, political movements robotics, security issuestechnology, psychology
weather, bitcoin, the rat race, justin bieber, wall street
Content
By Ed McCarthy, Ed Mccarthy| Plan Sponsor Verified Private sector retirement plans that fail to comply with the requirements of the Employee Retirement Income Security Act of 1974 can incur legal liability and financial penalties. If your organization is considering offering a retirement plan, becoming familiar with fiduciary basics is essential. Who Is a Fiduciary? Every retirement plan must provide for at least one fiduciary in its written plan document.
By Ed McCarthy, Ed Mccarthy| Plan Sponsor Verified Plaintiffs filed two lawsuits in January that focused on their retirement plans’ investment offerings. First, participants in Southwest Airlines’ 401(k) plan filed a class action complaint alleging the airline failed to remove the Harbor Capital Appreciation Fund, a large-cap growth investment option, from the plan lineup, despite a history of underperformance over 15 years.
By Ed McCarthy, Ed Mccarthy| Plan Sponsor Verified etirement plans involve numerous legal requirements and terms. Given the scrutiny plans receive, sponsors should understand what key terms mean for their plan and its participants. Online definitions from the IRS are a good starting place; the Department of Labor also provides definitions for plans and for compliance with the Employee Retirement Income Security Act.
Company Info
Freelance
Freelancer.com is the largest freelancing and crowdsourcing marketplace in the world, connecting over 81 million employers and freelancers across more than 247 countries. Founded in 2009 and based in Sydney, Australia, the platform allows employers to post jobs while freelancers can bid on these projects. It is publicly traded on the Australian Securities Exchange under the ticker ASX:FLN. The platform supports a variety of work categories, including software development, writing, design, and marketing. Freelancer.com also offers contests for creative work, where employers can award prize money to winning entries. Users can choose from different membership plans, including free and paid subscriptions, which provide various benefits. The mobile app enhances project management and communication for users on the go. With a diverse customer base that includes individuals, small businesses, and large enterprises, Freelancer.com plays a significant role in the global online economy.
De Pere, Wisconsin, United States