Retirement planning is far more than a bulleted item in a list of fiduciary services. It’s a highly specialized area of financial expertise—one we’ve practiced with passion since 1945, right here in Western Massachusetts. Meet the specialists whose knowledge, experience, and client-focused commitment have made Pension & Benefits Associates the region’s premier independent resource of its kind.
Michael P. Shea, AIF®
Owner & President
Michael earned a Bachelor of Business Administration in finance from the University of Massachusetts-Amherst Isenberg School of Management in 2010. Michael joined Pension & Benefits Associates in 2018 after several years of working for some of the largest retirement service providers and asset managers in the industry. He first helped clients move their 401(k) plans at Empower in Denver. He then moved back to the East Coast and made the switch into selling investment solutions to retirement plan advisors for Columbia Threadneedle Investments and, finally, for BlackRock. He currently holds his insurance and FINRA Series 6, 7, 63, and 65 securities registrations through Commonwealth Financial Network®. He also has earned the Accredited Investment Fiduciary® (AIF®) designation. Michael will call on all his previous experience to help clients solve financial problems, plan for their future, and plan and meet their financial goals.
Michael resides in Longmeadow, Massachusetts, with his wife, Marissa, and their dog, Nugget. He is an avid Boston sports fan, an outdoor enthusiast, and a self-proclaimed retirement geek.
Krista Krupa AIF®
Retirement Plan Coordinator
Krista joined Pension & Benefits Associates in September 2021 after spending more than 10 years working in the retirement industry. Krista began her career with MassMutual Retirement Services and later moved to work with 401(k) and pension clients on the advisor side. She focused on helping plan sponsors with all aspects of running their retirement plans and assisting participants with saving for retirement. Krista has a passion for education and worked for Equitable Advisors by helping educators in K-12 schools enroll in their 403(b) plan and focusing on financial planning so they could invest in their futures. She currently holds FINRA Series 6, 63, and 65 securities registrations through Commonwealth Financial Network® and has also earned the Accredited Investment Fiduciary® (AIF®) designation.
Krista resides in Feeding Hills, Massachusetts, with her husband, Wayne, and her daughter, Autumn. She is also an active community theater actress, singer, and dancer and participates in productions around Western Massachusetts.
Mark F. Shea, CLU®, CEBS®, AIF®
Mark earned a Bachelor of Business Administration degree in finance from the University of Massachusetts-Amherst in 1978 and completed postgraduate work at UCLA. He went on to pursue a sales management career at UNUM, supporting and supervising sales staff in California, Massachusetts, and Washington, DC, from 1978 to 1994. In 1994, Mark became vice president of sales at Aetna Health Plans in the Group Insurance Division.
In 1996, Mark purchased an interest in Pension & Benefits Associates, Inc., before purchasing all the company's remaining shares in 2000.
Mark completed his Chartered Life Underwriter® (CLU®) certification at The American College and his Retirement Plans Associate (RPA) certification from the International Foundation of Employee Benefit Plans. He earned his Accredited Investment Fiduciary® (AIF®) designation in 2005.
Mark resides in Longmeadow, Massachusetts, with his wife, Heidi, where he raised three children who are now adults: Dr. Meghan Shea, Kerry McArthur, and Michael, who works with him at the firm.