Category Archives: Plan Participants

Golden Egg

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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10% penalty

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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Participant Education Center

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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Variable Annuity Pension Plan

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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COLA

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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