Early Withdrawal Penalty

Five Ways to Withdraw Your Retirement Savings Early – Part 5

Exceptions to 10% penalty on early distributions from retirement accounts. Includes beneficiary distributions, Inherited Qualified Plan Assets & IRA Assets.

Ago 16, 2016

Use Beneficiary Distributions 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. ...

Read more

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.

Ago 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 more
Court House

Team Leader Profile: Alfredo Matheu

Meet BPAS Team Leader and President, BPAS Trust Company of Puerto Rico, Alfredo Matheu.

Jul 26, 2016

President, BPAS Trust Company of Puerto Rico From basketball to retirement plan administration. Meet BPAS Team Leader Alfredo Matheu. 1. What experiences lead you to become a BPAS Team Leader? Before...

Read more