Bearing Through A Bear Market
Oct 21, 2022
Have you looked at your retirement account recently? If you have, I’ll bet you looked at your account balance and thought, “Why is my account balance less than it was at...
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Utica, NY (July 19, 2022) — BPAS, a leading national provider of retirement plans, benefit plans, fund administration, and collective investment trusts has released version 2.0 of its Roadways Mile Marker...
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Utica, NY (June 6, 2022) — BPAS, a leading national provider of retirement plans, benefit plans, fund administration, and collective investment trusts has earned top spots among the National Association of Plan...
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Form 5500 Schedule H – Accounting Changes Looming
Employee Benefit Plans that file Form 5500 Schedule H may find that changes in Accounting Standards will require additional efforts.
Nov 19, 2021
Employee Benefit Plans that file Form 5500 Schedule H may find that changes in Accounting Standards will require additional efforts to ensure that the audit process goes smoothly and that government...
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2022 IRS Benefit Plan Contribution Limits and Open Enrollment Considerations
With the increased contribution limits and open enrollment occurring at many companies, this may be a great time to review your benefits
Nov 17, 2021
The Internal Revenue Service has announced the 2022 cost of living adjustments for retirement and benefit plans. An overview is listed below, but you can review all of the updates here....
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2022 Health Savings Account Limits Released
May 12, 2021
The Internal Revenue Service has released cost of living adjustment limits for High Deductible Health Plans (HDHPs) and Health Savings Accounts (HSAs) in Revenue Procedure 2021-25. Annual deductibles for self-only and...
Read moreAmerican Rescue Plan Act of 2021: Dependent Care Assistance Plan Limit Increase and COBRA Premium Subsidy
the American Rescue Plan Act of 2021 provides temporary updates to Dependent Care Plan limits and COBRA premiums .
Mar 17, 2021
Among the many provisions offering potential relief to workers, the American Rescue Plan Act (ARPA 2021) signed into law on March 11, 2021 provides temporary updates to Dependent Care Assistance Plan...
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American Rescue Plan Act of 2021 Funding Relief for Single-Employer Pension Plans
ARPA 2021 provides funding relief for single-employer pension plans, related to interest rates used for minimum funding purposes.
Mar 17, 2021
Among many provisions in the American Rescue Plan Act (ARPA 2021) signed into law last week by President Biden, this legislation offers funding relief for single-employer defined benefit pension plans. ARPA...
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Tracking Down Your Missing Participants
IRS and DOL have increased efforts to ensure former employees receive proper notification about defined benefit eligibility and commencement.
Jan 25, 2021
Over the past several years, both the IRS and DOL have increased enforcement efforts to ensure former employees who are vested in benefits under one or more employer defined benefit plans...
Read moreThe Setting Every Community Up for Retirement Enhancement Act (SECURE Act) signed into law on December 20, 2019 contains a provision that gives businesses extra time to establish certain new tax-qualified...
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