Treasury Department to Withdraw Nearly 300 Regulations and Amend Others

By ERISA News February 16, 2018

The Treasury Department and Internal Revenue Service have published in the Federal Register a proposal to remove 298 items from Treasury regulations and to amend 79 others. The intent is to eliminate unnecessary tax regulations. Treasury regulations are tax regulations issued by the Internal Revenue Service as official interpretation of the Internal Revenue Code. They […]

Kathleen Roche and Derek Vito Appointed Vice Presidents of Channel Management

By RIABiz February 15, 2018

RIABiz recently published an article discussing ​Ascensus’ appointment of Kathleen Roche and Derek Vito as ​vice presidents of channel management. Both VPs will create strategies for, and strengthen ties to, Ascensus’ independent RIA and broker-dealer clients​. “Kathleen and Derek bring extensive experience partnering with financial advisors, RIAs, and broker-dealers, who we recognize are critically important to our business, and many of our institutional partners,” […]

Washington Pulse: Budget Bill Broadens Disaster Relief, Rewrites Hardship Rules, and More – Plan Amendments Expected

By ERISA News February 15, 2018

On February 9, 2018, Congress approved and President Trump signed into law the Bipartisan Budget Act of 2018 (BBA-18). In addition to funding the federal government, it makes important changes to retirement plans. Specifically, it provides expanded tax relief for victims of natural disasters, relaxes the rules for hardship distributions from employer plans, makes slight […]

Dan Kravitz Explains How Cash Balance Plans Can Help Small Employers Benefit From Tax Reform

By Paula Aven Gladych, Employee Benefit News February 14, 2018

In an article​ published by Employee Benefit News, Dan​​ Kravitz, head of Kravitz, discusses how ​​cash balance plans ​can help small employers benefit from tax reform.​​ Tax reform impacts pass through entities, ​companies where income is passed through to the business owners, so ​it’s important for these workers to understand ​which deductions are available to them. “For most small business ow​ners as pass-through entities, profits […]

Dan Kravitz Explains the Impact of Tax Reform on Employer-Sponsored Retirement Plans

By John Manganaro, PLANADVISER February 13, 2018

In an article​ published by PLANADVISER, Dan Kravitz, head of Kravitz, discussed ​his most recent webinar, which ​​​explained the impact of the Ta​​x Cuts and Jobs Act on employer-sponsored​​ retirement plans. ​​The tax bill will allow many ​​clients to have a lower tax rate, directly impacting ​​small business owners’ decisions ​about running retirement plans. ​“Many but not all of these owners can now deduct up to 20% of qualified business income,” […]

President Trump Signs Bipartisan Budget Act into Law

By ERISA News February 9, 2018

The House of Representatives approved the Senate’s version of the Bipartisan Budget Act of 2018 today, February 9, and President Trump signed the Act into law shortly after. Several of the Act’s provisions provide tax-related relief for individuals in retirement savings arrangements. Following is a brief summary of retirement-related provisions.   Relief for victims of […]

Kathleen Connelly Discusses Appointment of VPs Roche & Vito

By John Sullivan, 401kSpecialist February 9, 2018

In an article published by 401k​Specialist, Kathleen Connelly, EVP of client experience and relationship management, ​​announces two recent Ascensus hires to the relationship management team. ​Kathleen Roche and ​​Derek Vito will serve as​ vice presidents of channel management. ​​​“Kathleen and Derek bring extensive experience partnering with financial advisors, RIAs, and broker-dealers, who we recognize are critically important to our business, and many of […]

Congress Approves Federal Budget Legislation Containing More Retirement-Related Disaster Relief

By ERISA News February 9, 2018

The House of Representatives early today, February 9, approved the Senate’s version of the Bipartisan Budget Act of 2018, after a lengthy delay in the Senate vote due to objections raised by Sen. Rand Paul (R-KY). The legislation contains not only authorization for federal spending and an extension of a number of expiring tax provisions, […]

Ascensus Appoints Kathleen Roche, Derek Vito as Vice Presidents of Channel Management

By Ascensus February 8, 2018

Seasoned Retirement Industry Executives Will Drive Growth and Provide Consultative Support to Broker-Dealer and RIA Channels. Ascensus, a technology-enabled service provider that helps more than 7 million Americans save for the future, is pleased to announce the appointment of Kathleen Roche and Derek Vito as vice presidents on the firm’s institutional relationship management team. In these […]

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