Upcoming Chapter Events

News from SBAM . . .

The Small Business Association of Michigan is looking for quality and impactful personal financial planning content for its digital and print news. If you are interested in submitting relevant and timely personal financial planning content which will be made available for SBAM members to read and review, please send any questions or your compliance approved ready to go pieces to Julie Hall, FPA of Michigan Advocacy Chair.

SBAM Strategic Partner Member Product

Stay Compliant with the Department of Labor

As an SBAM Strategic Partner member you can avoid a common and costly compliance mistake - regardless of which carrier you have for your group health insurance plan.  

The majority of our members aren't aware that if you offer a group health insurance plan, it is your legal responsibility to provide your insured employees with a Summary Plan Description (SPD).

An SPD describes the rights and responsibilities of both the employer and employee under a group benefit plan by providing detailed information about the health plan itself.  

Your company must provide an SPD to your insured employees within 120 days after the group plan is established. Failure to do so could cost you $171 per day in DOL fines.   

We have you covered! Login to your member profile and enter your basic plan information into the SPD template. The complete, compliant SPD will be emailed to you, ready for distribution to your insured employees.

The cost is a one-time $250 fee for the complete, compliant SPD. If you are currently enrolled in an SBAM-sponsored BCBSM/BCN health plan the SPD is free! Click through below for details or contact Sherry Bryan. 

Visit www.sbam.org/spd for details.

I can help answer any questions about your SBAM membership:

Sherry Bryan

Director of Strategic Partnerships & Certification

sherry.bryan@sbam.org

(517) 712-8343

Wall Street Greetings

Financial-themed Greeting Cards for Building Relationships with Clients and Prospects

It's that time of the year! Send clients high quality greeting cards at a great discount only available to FPA members. With over 30 years in business, Wall Street Greetings is the premier provider of financial-themed greeting cards used to celebrate birthdays, holidays, and milestones with your most important clients and prospects. To learn more, click here.

For more discounts, explore the FPA Marketplace and gain access to best-of-need products and services! As an FPA member you can access the FPA Marketplace. Powered by the Chalice Network®, the FPA Marketplace is your single source of savings on the products and services you need as a financial planning professional, including marketing, fintech, education, compliance, insurance, and more.

But your savings don’t stop there because the FPA Marketplace also gives you access to BenefitHub, which offers you potentially thousands of dollars in savings from a wide range of top companies like Verizon, Costco, Geico, Avis, Hertz, Disney, AMC, Gap, and many more. In fact, the savings you can access through the FPA Marketplace more than covers the cost of membership!

Connect With Us



FPA of Michigan

Email: info@fpami.com | Phone: 248-330-7757 | www.fpami.com