Individual Retirement Accounts (IRAs) are types of savings accounts designed to help you set money away for retirement in a tax-advantaged account. Two of the most common types are traditional and...
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What happens to your FSA dollars at year end? As the end of the year fast approaches it’s important to know what your Flexible Spending Account (FSA) year-end options are. Unlike...
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What’s in a Name?
Nov 14, 2019
B-P-A-S vs B-pas vs B-pass Having someone mispronounce your name can be awkward, especially if you’re too polite to correct them. At BPAS, it happens to us a lot. It’s perfectly...
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Salary Deferrals: Dollar or Percent?
Oct 08, 2019
For my niece’s 7th birthday, my husband told me that he’d take care of the birthday money, proudly showing me a $50 bill. She opened up her presents and cards from...
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With open enrollment season right around the corner employers are beginning to review their employee benefits for the upcoming 2020 year. With the ever rising costs of health care, both employers...
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Recordkeepers and Disclosure to Clients
Sep 19, 2019
Retirement plan litigation is on the upward trend with no signs of slowing down. Most of these cases involve excessive fee or proprietary fund claims. Many defendants are settling for millions...
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On July 17, 2019, the IRS released Notice 2019-45 which expands the definition of preventive care under a High Deductible Health Plan (HDHP) to include services and items for specific chronic...
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BPAS PAYS TRIBUTE TO EUGENE MALONEY
Jul 23, 2019
On behalf of Paul Neveu, the BPAS professionals in our Pittsburg office, and all of our employees, we extend our heartfelt condolences on the news of the passing of Eugene Maloney....
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Over the past several years, Multiple Employer Plans (MEPs) have received quite a bit of attention in Washington, as well as among retirement plan professionals. With varying statistics pointing toward some...
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How Elite Advisors Target the $10mm+ Retirement Plan Market
Recent disruption in the upper end of the small-mid size plan market has created greater opportunity for specialist advisors to capture larger plan business. Plan provider mergers, fee compression and the move to more passive fund lineups have upset the traditional business model of the investment-based provider.
Jun 19, 2019
Many financial advisors and bank trustees have found success in the small 401(k) market. In most cases, the decision to hire an advisor is built on a previous business or personal...
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