Five Ways to Withdraw Your Retirement Savings Early – Part 1
We educate consumers on the lesser known exceptions to the 10% penalty on early distributions from retirement accounts. Includes IRAs, disability, 1099-R, and form 5329.
Mar 15, 2016
Use disability-based exemptions to withdraw from your retirement savings before age 59 1/2 without a 10% penalty. There are numerous exceptions to the 10% penalty on early distributions from retirement accounts. In...
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Early Withdrawal Penalty Exceptions – Part 1
We educate consumers on the lesser known exceptions to the 10% penalty on early distributions from retirement accounts. Includes IRAs, disability, 1099-R, and form 5329.
Mar 15, 2016
Early Withdrawal 10% Penalty Exception – Disability There are numerous exceptions to the 10% penalty on early distributions from retirement accounts. In this series, we will help educate consumers on many...
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Enhanced Participant Website Sneak Preview
BPAS is pleased to roll out a sneak preview of our enhanced participant website which will be implemented over the next two weeks.
Mar 08, 2016
BPAS is pleased to roll out a sneak preview of our enhanced participant website which will be implemented over the next two weeks. This is phase two of a four-part web...
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5 Questions About the Participant Education Center
Planning for retirement can be complicated. That’s why we created our Participant Education Center, which provides users with retirement planning tools and more.
Feb 16, 2016
At BPAS, we understand that planning for retirement can be complicated. That’s why we created our Participant Education Center. This new web portal provides users with retirement planning tools that give...
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Building a Nest Egg – It Pays to Start Today
Learn why smart investors can use an employee contribution plan, to start building a nest egg for the future.
Dec 21, 2015
As a recent college graduate, I understand why saving for retirement is not necessarily at the forefront of my peers’ minds. Sure, retirement is inevitable, but our individual focus is on...
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Variable Annuity Pension Plan (VAPP): Predictable Employer Costs & Lifetime Participant Income
A Variable Annuity Pension Plan (VAPP) can provide predictable employer costs & lifetime participant income. A VAPP can also eliminate interest rate risk.
Nov 30, 2015
What is a VAPP? A Variable Annuity Pension Plan is a defined benefit (DB) pension plan that provides a lifetime income to participants, may increase payments to offset inflation, and provides...
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Are You Owed Any Unclaimed Funds?
Don’t leave your unclaimed money behind. Here is how you can find and claim your money for free today.
Nov 16, 2015
Do you have money sitting with your home state that you don’t know about? Every year millions of dollars are escheated to states all over the United States for lots of...
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No COLA May Cause Heartburn for Some Medicare Beneficiaries
The Social Security Administration recently announced that Social Security beneficiaries will not receive cost of living adjustments (COLA) in 2016.
Oct 23, 2015
The Social Security Administration recently announced that Social Security beneficiaries will not receive any cost of living adjustment (COLA) in 2016. For most Social Security beneficiaries, a hold harmless provision will...
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Your Recordkeeping Responsibility for Hardship Withdrawals and Participant Loans
See which records you are responsible for maintaining in the event of hardship withdrawals and participant loans taken from your retirement plan.
Apr 20, 2015
Every year at this time, I take my shoe-box full of receipts, statements and W-2 forms to my accountant’s office so he can prepare my tax returns. And, every year after...
Read moreRecord Low Interest Rates…What’s Really Going On? – Part 2
Part 2 of this series, learn why we are experiencing record low interest rates.
Jan 26, 2015
Have you read part 1 yet? If not, simply click here to read the 1st part of this blog series. In last week’s blog, I stated that government-provided retirement programs will ultimately...
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