In The News

Tax Update  June 23, 2014
This article contains information pertaining to FBAR filings (due June 30, 2014) and PCORI fees (due July 31, 2014). Read More

NFP E-News Update  June 19, 2014
Some of the Latest Guidance for Tax Exempt Organizations from the Courts and IRS. This article includes information related to certain benefits extended to religious organizations, new regulations for tax exempt hospitals, and guidance for groups operated for the nonexempt purpose of raising funds for a for-profit entity. Read More

NFP E-News Update  June 12, 2014
The FASB is proposing the following changes to the financial statements for NFP organizations. The exposure draft is expected to be released in mid-2014 with the final Accounting Standards Update (ASU) likely issued in mid-2015. The effective date for this proposal is still uncertain at this time. We will keep you informed on how these changes will impact your organization. Read More


Services [ Employee Benefits Consulting ]


Blue Benefits Consulting, Inc., a Blue & Co. entity, is positioned to help your company meet its retirement plan objectives. We actively monitor the laws that relate to pension administration and keep you informed of their impact. Our innovative ideas and efficient administration services are designed to keep your plan running smoothly, whether you need a new plan or modifications to an existing plan.


Installation services
- Plan design tailored to the needs of your company and employees
- Consultation with your financial consultant and your attorney to finalize plan provisions
- Assistance maximizing tax advantages
- Communication of plan provisions to your employees

Record keeping services
- Employer contribution calculations
- Income allocation to employee accounts
- Application of forfeitures according to your plan
- Non-discrimination testing
- Plan-to-plan rollovers
- Participant statements to employees
- Compilation of necessary information to file annually with the IRS

Consulting services
- Assistance with plan design and changes
- Cost projections of various design alternatives
- Assistance with governmental or external audits
- Ongoing support when participants reach age 70.5
- Calculation of participant hardship withdrawal distributions
- Reports of contribution deduction limits under Section 404 of the IRC