Industry & Regulatory News
House Democrats Introduce Next Coronavirus Relief Bill
In an atmosphere more partisan than earlier coronavirus relief efforts, the Democratic caucus of the House of Representatives has released a bill to fund another…
Industry & Regulatory News
IRS Provides Additional Cafeteria Plan Flexibility in Response to Pandemic
The IRS has issued two notices that provide additional flexibility to participants in cafeteria plans as a result of the coronavirus (COVID-19) pandemic. Notice 2020-29…
News Releases
Ascensus Expands IRA Support Offerings for Community Credit Unions by Integrating Corelation’s KeyStone Core Solution with IRAdirect express
KeyStone Offers IRAdirect express Users Unrivaled Granularity, Transparency, and Ease of Access to Facilitate Faster, Simpler IRA Administration Dresher, PA—Ascensus—whose technology and expertise help millions…
Industry & Regulatory News
AICPA Delays Required Implementation of New Reporting Standards for Plans Subject to ERISA
The American Institute of Certified Public Accountants (AICPA) has issued Statement of Auditing Standards (SAS) Number 141, which provides for a delay in effective dates…
Industry & Regulatory News
Retirement Spotlight: Legislative Support for Small Businesses During Coronavirus Pandemic
Many U.S. businesses—large and small—are experiencing uncertainty and varying levels of hardship as they try to stay afloat during the coronavirus (COVID-19) pandemic. Hit particularly…
In the News
Ascensus Releases Online COVID-19 Resources
PLANADVISER and PLANSPONSOR recently covered Ascensus’ rollout of various COVID-19-specific resources. These resources include a new Ascensus.com homepage design, a Coronavirus Aid, Relief and Economic Security (CARES) Act infographic series,…
Industry & Regulatory News
Oregon Storm Victims Receive Tax-Related Deadline Relief
The IRS has issued news release OR-2020-01, announcing an extension of time to complete certain time-sensitive tax-related acts as a result of storms, flooding, mudslides,…
Industry & Regulatory News
IRS Q&As Provide Details on Implementing CARES Act Provisions
The IRS’ posting earlier this week of new question-and-answer (Q&A) guidance on the Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on…
Industry & Regulatory News
Understanding the CARES Act: Retirement Plan Loans
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In the News
How Ascensus’ Plans and Participants Reacted to COVID-19 in March
Recent NAPA and ASPPA articles, citing data provided by Ascensus, discuss the effect of the COVID-19 pandemic on U.S. employees’ savings behaviors in March. The Ascensus data serves as an “early…