What's New at BPAS?

Company News

BPAS, Inc. has acquired the Philadelphia division of Alliance Benefit Group MidAtlantic from BenefitStreet, Inc. Click here for more information.

Retirement Accounts

Website Update - Market Dashboard

The BPAS participant and plan sponsor websites welcome pages have been enhanced to include a market chart and summary, giving the user a perspective on daily market  activity.  Clicking on the hotlink will take the user to the market dashboard itself, which includes fifteen sections of content, covering a wide array of topics.   To see the Market Dashboard, visit our DC Guides & Demos page and select the option to log into the participant or plan sponsor demo site.

The Harbridge Advisor newsletter

This periodic newsletter from Harbridge covers emerging trends in the actuarial and consulting areas, encompassing defined benefit and defined contribution plans, post-retirement medical, healthcare consulting and GASB 45 topics.

2012

Harbridge Advisor Form 8955 Filing Deadline 9-28-12 (PDF)

Harbridge Advisor Harbridge Advisor ACA Checklist 9-4-12 (PDF)

Harbridge Advisor Proposed Changes for Measuring Retiree Group Benefits 8-29-12 (PDF)

Harbridge Advisor MAP-21 7-24-12 (PDF)

Harbridge Advisor Supreme Court Rules on ACA 6-29-12 (PDF)

Harbridge Advisor Pension Funding Relief II 6-29-12 (PDF)

Harbridge Advisor GASB Accounting and Financial Reporting Changes 6-27-12 (PDF)

Harbridge Advisor What's My Social Security Benefit? 6-20-12 (PDF)

Harbridge Advisor Harbridge Advisor Expansion into NY NJ 05-29-12(PDF)

Harbridge Advisor Tier VI Reform 03-23-12(PDF)

Harbridge Advisor Possible Pension Funding Relief 03-16-12(PDF)

Harbridge Advisor ACA and W-2 01-31-12(PDF)

 

 

2011

Harbridge Advisor Low Discount Rates 10-12-11 (PDF)

Harbridge Advisor GASB 25 27 Changes 9-23-11 (PDF)

Harbridge Advisor Pension Funding 9-16-11 (PDF)

Harbridge Advisor New ACA Guidelines 8-24-11 (PDF)

Harbridge Advisor Form 5500 Changes 8-4-11 (PDF)

Harbridge Advisor RDS Changes 7-22-11 (PDF)

Harbridge Advisor Top 25 4-13-11 (PDF)

Harbridge Advisor Happy Birthday PPACA 3-23-11 (PDF)

 

2010

Harbridge Advisor Cobra Extension Notice 4-19-10 (PDF)

Harbridge Advisor Health Reform Basics 4-13-10 (PDF)

Harbridge Advisor Health Reform Alert 3-22-10 (PDF)

Harbridge Advisor Asset Val Method 3-9-10 (PDF)

Harbridge Advisor DB Compliance Reminder 1-14-10 (PDF)

 

2009

Harbridge Advisor Latest Guidance from DOL and IRS on COBRA and WRERA 3-20-09 (PDF)

Harbridge Advisor Summary of Actuarial Letter to Senate 3-3-09 (PDF)

Harbridge Advisor DB Plan Risk Mgt and Basic Policy 2-20-09

Harbridge Advisor ARRA of 2009 Cobra Subsidy 2-19-09

2007-03 Year End Reminders (PDF)

Summary of Key Provisions of the Worker, Retiree, and Employer Recovery Act of 2008

Flex Accounts

OTC Changes Effective January 1, 2011

In response to changes regarding Over-The-Counter (OTC) medications which, effective January 1, 2011, restrict the way FSA, HRA and HSA members may be reimbursed for OTC medications, Flex Corp will require the member to provide the prescription and the customer receipt (or similar third-party documentation showing the date of the sale and the amount of the charge). 

For example, documentation could consist of a customer receipt issued by a pharmacy that reflects the date of sale and the amount of the charge, along with a copy of the prescription; or it could consist of a customer receipt that identifies the name of the purchaser (or the name of the person for whom the prescription applies), the date and amount of the purchase and an Rx number. 

Institutional Trust Services

Daily Valuation of Collective Investment Funds

Through our HB&T division, BPAS now offers daily valuation of collective investment funds (CIFs) for trust companies, registered investment advisors and other financial professionals. This service also includes listing CIFs on the national securities clearing corporation (NSCC) so they can be traded by daily valuation recordkeepers like BPAS. This service can also benefit large contribution plans that are trustee-directed but wish to move into a daily valuation environment.  For complete information, please contact Stephen Hand at shand@bpas.com.