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Greenspan and Associates, Inc.

Greenspan and Associates, Inc.

Company Situation:A pension administration firm based in Encino, California, Greenspan & Associates, Inc. works with companies to design, implement and administer more than 500 retirement plans. When their clients struggled to process tax withholdings, the firm...

The ANGELL Pension Group, Inc.

The ANGELL Pension Group, Inc.

Company Situation:The ANGELL Pension Group is a national leader in third-party administration and compliance, providing a full array of administrative, actuarial, Section 125 and nonqualified services to more than 3,000 clients nationwide. Many of ANGELL’s clients,...

Where’s Waldo (and Mary… and Joe… and Pat)

Where’s Waldo (and Mary… and Joe… and Pat)

Every retirement plan has participants, which means sooner or later every retirement plan will also have ex-participants. As any employer who sponsors a retirement plan knows, those ex-participants sometimes go missing. And that can be a real problem for retirement plan fiduciaries.

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SECURE 2.0 Force Out Limit and Plan Audits

The Economic Growth and Tax Relief Reconciliation Act of 2001, better known as EGTRRA, was signed by President Bush on June 7, 2001. EGTRRA made significant changes to income tax, capital gains tax, and estate and gift tax laws.

SECURE 2.0 Provides New Tools to Assist Plan Participants In Crisis

The primary goal of retirement plans is to provide income at retirement, but defined contribution plans have been permitted to make some distributions while participants are employed. The most common form of distribution to participants who are younger than age 59 ½…

Recent Posts

Economic Group Pension Services (EGPS)

Company Situation:EGPS assists plan sponsors and TPAs with plan terminations, including processing more than 1,000 terminated participant distributions each year. Some of the terminations involve large numbers of participant distributions, others are small plans....

Normandeau Associates, Inc.

Company Situation:An environmental consulting firm headquartered in Bedford, New Hampshire, Normandeau Associates became an ESOP company in 2000 and has been 100% employee owned since 2012. With 250 participants in the ESOP, the company struggled to process the annual...

Blue Ridge ESOP Associates

Company Situation:As the largest independent ESOP and 401(k) third-party administration and recordkeeping firm, Blue Ridge works with ESOP and 401(k) plans ranging in size from 10 to over 30,000 employees. Although their services include distribution services, Blue...

Embrace Artificial Intelligence or Get Left Behind

Artificial Intelligence is all the rage in business talks, influencer marketing, and company press releases. Having completed many cross-industry AI & Automation implementations, I have seen first-hand how the technological trajectory in all industries, including payroll and benefits administration, is changing with increased adoption and implementation of AI and Automation.

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