Tag: Actuarial issues

BPAS Expands DB, Post-Retirement Admin.

Community Bank System, Inc., through its subsidiary Benefit Plans Administrative Services, Inc. (BPAS), reached an agreement to acquire an actuarial and consulting practice from EBS-RMSCO, Inc.

Sponsors Need To Plug Leaks for Loans, Withdrawals

Rules barring participants from making 401(k) contributions for six months after taking a hardship withdrawal should be eased to help employees more quickly recover a more substantial retirement nest egg by resuming savings more quickly, a new government report suggests.

Best of Both Worlds

Once the province of large plans, "hybrid" cash balance now makes sense for micro plans