| 10/1/2008 | | | Thomas R. Ackmann, managing director of Baden Retirement Plan Services, co-presented "IRAs/Qualified Plans/Income Tax Issues & Planning Strategies" with attorneys Vicki L. Anderson of Hackman Hulett & Cracraft LLP, and Beth W. McIntire of National Bank of Indianapolis. The presentation took place in Indianpolis on October 2, 2008. |
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| 9/25/2008 | | | Fund Central is now available to Plan Sponsors and Plan Participants who are clients of BRPS with website login capability. Fund Central allows the viewing and printing of fund performance, fund prospectus information, and fund sheets for all the funds available in a particular plan. |
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| 9/23/2008 | | | According to PlanSponsor.com, "The US Department of Labor's Employee Benefits Security Administration (EBSA) has updated its website to give sponsors...a way to update their contact information following the disruption of operations due to Hurricanes Gustav and Ike." |
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| 9/15/2008 | | | How many parties should be involved in making a retirement plan work? Many advisors are finding that having only three parties involved -- the advisor, the plan sponsor and the recordkeeper -- is not enough. The fourth important party is a third party administrator (TPA). |
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| 9/11/2008 | | | According to PlanSponsor.com, "The Employee Benefits Security Administration (EBSA) will hold two free workshops in two separate locations to help employers, pension plan administrators and other benefit professionals comply with federal employee benefits law." |
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| 8/29/2008 | | | August 22, 2008-Fort Wayne, IN--The 401kExchange announced in its 2008 Mid-Year Provider Ratings that Baden Retirement Plan Services was rated number one for recordkeeping and administrative services in the micro market (companies with under $1 million in assets in a qualified retirement plan) and number three for plan administrator/recordkeeper in the small market (companies with $1 million to $10 million in assets in a qualified retirement plan). Other firms to achieve top rankings included nationally recognized insurance companies, investment providers and third party administrators (TPAs). According to Fred Barstein, President of the 401kExchange, independent TPA firms, such as Baden Retirement Plan Services, "offer a viable alternative to advisors looking for completely open investment platforms, greater fee disclosure and lower costs."
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| 8/29/2008 | | | During the second half of 2008, employers that sponsor qualified retirement plans have started receiving amendment packages from their plan document providers. The reason for this is that the final Internal Revenue Code (IRC) §415 regulations must be incorporated into retirement plan documents by the due date of the employer's tax return (including extensions) for the year in which the change is effective. |
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| 8/20/2008 | | | Some 403(b) plans sponsors are considering terminating their plans and/or switching to a 401(k) plan because of the new Internal Revenue Service requirements for 403(b)plans. But, sponsors need to realize that they still need to comply with the new regulations even if they terminate their plan or switch to a 401(k). |
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| 8/20/2008 | | | Are you attending the Indiana State Human Resource Management (ISHRM) Conference in Indianapolis from 8/25-8/27/08? |
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| 8/20/2008 | | | Legislation to protect the survivor benefits of service members killed in action was signed into law by President Bush on June 17, 2008. |
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