Industry & Regulatory News
Student Loan Repayment Bill Is Re-Introduced
Senator Ron Wyden (D-OR) has re-introduced the Retirement Parity for Student Loans Act, a bill intended to allow employers to make contributions to 401(k), 403(b),…
Industry & Regulatory News
Retirement Spotlight: IRS Provides Welcome Relief From High VCP Fees
The retirement industry received a gift on April 19, 2019: Revenue Procedure (Rev. Proc.) 2019-19. This revenue procedure updates the Employee Plans Compliance Resolution System…
Industry & Regulatory News
IRS Reveals Plans to Enable Electronic Filing of Form 5500-EZ
The IRS has informally revealed that it intends to enable owner-only retirement plans to file Form 5500-EZ electronically through the web-based EFAST2 Electronic Filing System….
Industry & Regulatory News
IRS Expands Determination Letter Program for Certain Retirement Plans
The IRS issued Revenue Procedure (Rev. Proc.) 2019-20 providing guidance that describes a limited expansion of the agency’s determination program for retirement plans. An IRS…
News Releases
Ascensus’ Technology Team Named to IDG’s CIO 100 List for 2019
Firm Recognized for Enterprise Excellence in IT and First-Mover Status in the State-Sponsored Retirement Program Space Dresher, PA—Ascensus—whose technology and expertise help millions of people…
Industry & Regulatory News
DOL Opinion Letter on Independent Contractor Status of Virtual Marketplace Workers
The Department of Labor (DOL) this week announced that its Wage & Hour Division (WHD) has written a new opinion letter (FSLA2019-6) as a response…
In the News
David Musto Discuses Ascensus’ Noble Purpose
In a recent BenefitsPRO article, David Musto explains that despite speculation from onlookers due to Ascensus’ recent acquisitiveness and solicitations by its owners, “there is…
Industry & Regulatory News
GAO Issues Report on IRA and Retirement Plan Early Withdrawals
The United States Government Accountability Office (GAO) has released a March 2019 report, titled Retirement Savings: Additional Data and Analysis Could Provide Insight into Early…
News Releases
FuturePlan by Ascensus Appoints Theresa Ayers as Vice President of Business Development
Current and Prospective Institutional Clients Will Benefit from Seasoned Industry Veteran’s Expertise Dresher, PA—FuturePlan by Ascensus—the nation’s largest retirement TPA—is pleased to announce that Theresa…
Industry & Regulatory News
Legislation Introduced to Make Permanent Recent Changes to ABLE Account Contributions
Republican Senators introduced legislation on April 11, 2019, to permanently extend certain provisions of the Tax Cuts and Jobs Act of 2017. The bill (S…