Insights

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The Perfect Time to Start a 401(k) Plan

By Parker Elmore | January 27, 2020

“The best time to plant a tree is 20 years ago. the second-best time is right now.”Chinese Proverb If you’ve…

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GASB 75 – What is OPEB Covered Employee Payroll?

By Parker Elmore | August 8, 2019

So, it’s time for another OPEB valuation under GASB 75 and the actuary is asking for the “covered employee payroll”…

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Retiree Health Insurance – Phillipston, MA

By Parker Elmore | March 18, 2019

Odyssey Advisors was recently featured in Athol Daily News’ article, “Phillipston Selectmen balk at cost, complications of health insurance trust fund“. I…

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Close up of two people sitting at a desk at a place of business. They are looking at a desk full of financial documents and an ipad.

Missing plan participants? Here's how to find them.

By Kirby Prigioni | January 29, 2019

The Department of Labor has recently begun putting pressure on pension plan administrators to locate any ‘missing’ participants, or terminated…

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OPEB Audit – Hamilton, MA

By Parker Elmore | July 30, 2018

Odyssey Advisors was recently featured in Wicked Local Wenham’s article, “COLUMN: Hamilton Gets High Marks in Two Audits”. We met with the…

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Pension Contributions & Lower 2017 Taxes

By Kurtis Thompson | June 27, 2018

Did you know that you can deduct pension contributions made by September 15, 2018 from your 2017 taxes? In most…

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OPEB Audit – Chelmsford, MA

By Parker Elmore | November 28, 2017

Parker Elmore, of Odyssey Adivsors, was recently featured in Lowell Sun Online’s latest article, “Positive Report on Chelmsford Town Finances Audit”.…

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Legal Marijuana & OPEB in Massachusetts

By Kirby Prigioni | November 17, 2017

Legal retail sale of marijuana in Massachusetts is fast approaching and many towns are reviewing whether or not to have…

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401(k) Plans & Automatic Enrollment?

By Parker Elmore | November 13, 2017

A recent study by Employee Fiduciary examined the negative aspects of automatic employee enrollment in 401(k) plans, particularly for smaller plans. Only…

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GASB 75 Makes the Wall Street Journal

By Kurtis Thompson | October 10, 2017

The Wall Street Journal recently published an article about the impact of GASB 75 on municipal balance sheets . The estimated nationwide impact will…

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