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Did You Miss the Required Minimum Distribution Deadline?
Did you miss the required minimum distribution deadline? Learn about the consequences of missing the deadline and how you can avoid them.
Jun 23, 2014
So, what is a «required minimum distribution» (RMD)? Basically, the IRS requires that owners of tax deferred retirement accounts begin withdrawing (and paying taxes on) minimum amounts each year upon attaining...
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BPAS Introduces the “Retirement Gap Report”
The Retirement Gap Report will help plan sponsors and advisors assess overall plan health by evaluating the projected retirement readiness of individual participants and the plan as a whole.
Mar 27, 2014
BPAS, is pleased to announce the launch of the “Retirement Gap Report” for the benefit of its retirement plan clients. A Valuable Tool To Help Measure Your Plan’s Effectiveness The Retirement...
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ADP Test Correction Options for Puerto Rico Plan Sponsors
Puerto Rico-qualified retirement plans still get a pass on any non-discrimination testing of employer match and post tax contributions; ACP testing is not required.
Mar 26, 2014
Puerto Rico-qualified retirement plans on a calendar plan year have until April 15, 2014 to choose their failing ADP test correction option. The New PRIRC of 2011 has added a 10%...
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