Defined Benefit Plan Administration Outsourcing
Plans are becoming more complex as new laws take effect, and many companies just don't have the resources on staff to easily manage their pension plans.
Jan 02, 2018
More and more employers are outsourcing the administration of their Defined Benefit Pension Plans. Defined Benefit Plan Administration has a different meaning to different people. Benefit calculation and certifications; plan sponsor...
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Keeping Plan Participant Retirement Accounts Secure with Email Validation
An easy way to help prevent fraudulent retirement account activity is for plan participants to add a current, valid email address to their account.
Dec 26, 2017
One of the easiest ways to help prevent fraudulent retirement account activity is for plan participants to add a current, valid email address to their account. With an email address on record, BPAS will...
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HSAs Healthy Balance / Healthy Future
While HSAs are designed to help you save for present medical expenses, they can also serve as a powerful tool that allows you to save for the future.
Dec 19, 2017
In our 2 previous HSA posts, we’ve reviewed some of the basic characteristics of a Health Savings Account. Let’s look at how they strike a healthy balance between saving for today...
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HSAs – The Best of Both Worlds
We answer the most frequently asked questions about Health Savings Accounts (HSAs).
Dec 11, 2017
As the cost of health care continues to rise, surely you’re realizing the need to control your health care costs. One of the most effective ways to accomplish this is by...
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Health Savings Accounts (HSAs) 101
We answer the most frequently asked questions about Health Savings Accounts (HSAs).
Dec 04, 2017
Health Savings Accounts (HSAs) have been a popular topic of conversation in recent years. Many see them as a way to offset the rising cost of healthcare, while others sing the...
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Investment Choices
The average person spends 2.7 - 2.9 hours researching a major appliance but only 2.5 hours making an investment choice in their retirement plan.
Nov 27, 2017
“Change of plans”, he said, “my fridge just broke.” So, on my second date with my now-husband, we went appliance shopping. I didn’t put much thought into it (hey who knows...
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Seven Things to Do During Open Enrollment
There’s still time to take advantage of everything that the open enrollment period at your workplace has to offer.
Nov 20, 2017
Open enrollment is coming to an end. But there’s still time to take advantage of everything that the open enrollment period at your workplace has to offer. Here are just seven...
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IRS Announces Cost of Living Adjustments (COLA)
The IRS announced cost of living adjustments (COLA) for 2018. This affects donation limits for pension plans and retirement-related items for tax year 2018.
Nov 13, 2017
Recently, the Internal Revenue Service announced the cost of living adjustments (COLA) for 2018. This affects deferral and contribution limits for defined contribution plans and other retirement and benefit-plan related items...
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Pensioners Are Not Expected to Live as Long as Previously Assumed
The IRS announced the cost of living adjustments for 2018. This affects donation limits for pension plans and other retirement-related items.
Nov 06, 2017
On October 20, 2017, the Society of Actuaries (SOA) released MP-2017, an updated Mortality Improvement Scale for pension plans. The annually updated scale reflects age adjusted US mortality rates, which increased...
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Contribution Amounts
When it comes to contribution amounts, simplicity is the greatest sophistication.
Oct 30, 2017
Simplicity is the ultimate sophistication. – Leonardo da Vinci Best known as a Renaissance artist, Leonardo Da Vinci also dabbled in the engineering world. His sketches essentially predicted some of today’s...
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