Knowledge Base

From the latest news and updates to more in-depth information, we keep our finger on the pulse of what benefits you most.

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Health and Welfare

Resources for a Smooth Open Enrollment

It’s that time of year again - open enrollment at work. If you have a Flexible Spending Account or FSA, it’s important to plan ahead for the year, and maximize the savings you can enjoy from these accounts.

Retirement

Boost Your Executive Benefits with a 457(b) Top Hat Plan

A nongovernmental 457(b) plan, or Top Hat plan, is far different than similarly sounding qualified retirement accounts. In fact, they are not retirement plans at all.

Retirement

Improvements to the 60-Day Rollover Requirements in Retirement Plans

The Internal Revenue Service (IRS) released Revenue Procedure 2016-47 on August 24, 2016, allowing for a waiver of the 60-day rollover requirement in Sections 402(c)(3) and 408(d)(3) of the Internal Revenue Code (Code).

Health and Welfare

Using your Flexible Spending Account This Summer

Your FSA is a great way to save on out-of-pocket health care expenses all year long.

Health and Welfare, Retirement

DOL Increases Civil Penalties for ERISA Violations

Beginning August 1, 2016, the Department of Labor's (DOL) interim final rule increasing civil monetary penalties increase for failure to follow ERISA's disclosure and reporting requirements goes into effect.

Health and Welfare

How to Shop for a Pharmacy Discount

In the age of high-deductible health plans and pricey meds, finding pharmacy discounts has become key, especially when aiming to stretch your HSA and FSA dollars as far as possible.

Retirement

457(b) – A Powerful Way to Reward Government Employees

Retaining and hiring the best and brightest employees often comes down to an attractive benefits package. Offering a 457(b) plan to your employees can be a great way to boost the rewards offered to your most important assets!

Retirement

Need money from your 403(b) or 457(b) retirement plan? What you need to know.

Are you experiencing tough times? Do you need money from your 403(b) or 457(b) retirement plan? What is the difference between the two?

Health and Welfare

A Healthy Retirement with a Health Savings Account

Preparing for the increased cost of health care in retirement is becoming easier. One of the best tools to make it easier is the health savings account (HSA).

Updates

NBS Successfully Completed its 2015 SSAE 16 (SOC 1) Type II Audit

NBS successfully completed its 2015 SOC1 report demonstrating NBS’s Excellence in our operational performance. The 2015 report year had no exceptions in any audited controls.