As far back as 2001, BSI began working toward a paperless environment.   We have worked hand-in-hand with our alliance partners and clients to create work processes and document generation and storage systems that rely on digital media rather than paper.

In 2008, BSI partnered with the City of Austin Energy to reduce our use of energy resources.

We will keep you posted on our initiatives as we continue to

Sponsors of 403(b) plans—typically school districts, higher education institutions, health care providers, and charitable organizations– will soon  have increased responsibilities for overseeing investments, transfers, documentation, administration and participants’ disclosures.  Under these new regulations, generally effective January 1, 2009, a greater level of employer involvement will be necessary. BSI has geared up to provide affected plan sponsors the help and guidance they will need to comply with the new regulations.  To meet the terms of the new plan document requirements we have developed a cost-effective and user-friendly online document generation system. For more information on the new regulations click here: 403b regulations

403(b) Update:

The New Rules for 403(b) Retirement Plans

Special points of interest:

· 403(b) Updates: The New Rules for 403(b) Retirement Plans

· Benefit Systems, Inc Going “Greener”

· 401(k) Day is Here!!!

 

Benefit Systems, Inc.

Going “Greener”

4th Quarter 2008

What is 401(k) Day?

401(k) Day is an annual celebration spotlighting the importance of employer-sponsored profit sharing and 401(k) plans.   

When is 401(k) Day?

In 2008, 401(k) Day is officially September 5, 2008, the Friday after Labor Day.  However you can select any other date to celebrate 401(k) Day that best meets your company’s needs.

How to Celebrate 401(k) Day at Your Company

The Profit Sharing Council of America (PSCA) has FREE materials available on www.401kday.org to provide everything you will need to have a very successful 401(k) Day Campaign.   The tools are designed to generate the most awareness and engagement from employees of all ages through targeted messaging and interactive tools.  From joining early, to rebalancing annually, to an easy retirement calculator, this year’s 401(k) Day covers the subjects your employees need to understand now.

Happy 401(k) Day!

you will need to have a very successful 401(k) Day Campaign.   The tools are designed to generate the most awareness and engagement from employees of all ages through targeted messaging and interactive tools.  From joining early, to rebalancing annually, to an easy retirement calculator, this year’s 401(k) Day covers the subjects your employees need to understand now.

“”REDUCE  - REUSE - RECYCLE ”

FREE Tools Available at www.401kday.org:

· Targeted messaging campaign

· Interactive Retirement Calculator

· Annual Retirement Checkup

· Online video—”401(k) a Plan that Pays”

· Easy to understand Savers Credit and Catch-Up Contribution Fact Sheets

· Glossary of 401(k) Terms

· Interactive Matching and word find games

· And More….

SURVEY SAYS……

BSI will donate $2 to your favorite charity when you take a 2 minute survey:  CLICK HERE

www.benefitsystems.biz · (512) 458-3888

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