Clearing The Fog: A New Tool for Plan Sponsors
With new Department of Labor regulations, BPAS has created “Clearing the Fog” a new tool for plan sponsors to determine key issues related to their plan.
Aug 02, 2016
Revisiting Regulations Considering new Department of Labor fiduciary regulations taking effect in 2017, most retirement service providers are performing a comprehensive review of their business models and strategies, including their deliverables...
Read moreThe Empire’s Death Star is Destroyed
The Force (of Industry Leaders) saves small-business retirement plans as IRS withdraws controversial portion of proposed nondiscrimination testing regulations.
Apr 21, 2016
The Force (of Industry Leaders) saves small-business retirement plans as IRS withdraws controversial portion of proposed nondiscrimination testing regulations. A New Hope (For Small Business Owners) In a twist of irony,...
Read moreEnhanced 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...
Read more5 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...
Read moreHow Do You Spell Relief? Closed Defined Benefit Plans Say “I.R.S.”- Others Are Not in That Classification
New Rule Changes for Nondiscrimination Testing may affect profit sharing, cash balance and corporate QSERP arrangements.
Feb 09, 2016
New Rule Changes for Nondiscrimination Testing The IRS recently issued some proposed rule changes with respect to coverage and nondiscrimination testing for qualified plans. This included permanent relief with respect to...
Read moreACA Changes to Note for 2016
Here are some things you should know about the upcoming Affordable Care Act changes in 2016.
Dec 29, 2015
Delay on Excise Tax “Cadillac Tax” On December 18, 2015, President Obama signed the Omnibus spending bill, which provides a provision to delay the Affordable Care Act (ACA) Excise Tax, “Cadillac...
Read moreNo 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...
Read moreYour 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...
Read moreRecord Low Interest Rates…What’s Really Going On? – Part 1
Learn why we are experiencing record low interest rates.
Jan 19, 2015
At the beginning of 2014, the yield on 10-year Treasuries was 3.00% and the yield on 30-year Treasuries was 3.92%. The Federal Reserve was supporting the bond market through the purchase...
Read more