Industry & Regulatory News
IRS Publication Details 2018 Tax Changes Resulting From Tax Reform
IRS has issued Publication 5307, Tax Reform Basics for Individuals and Families, a new guide to assist taxpayers to navigate the changes enacted into law…
Industry & Regulatory News
IRS Proposes Plan to Combat 402(g) Excess Contributions
The IRS announced that it would take action to combat excess elective deferrals made by participants to IRC Sec. 401(k) plans. The announcement comes in…
News Releases
Ascensus Continues to Build Upon Qualified Retirement Plan Consulting and Administration Expertise with Agreement to Acquire Pension Works
Acquisition of Vermont-Based TPA Expands Firm’s Northeast Presence Dresher, PA—Ascensus—whose technology and expertise helps millions of people save for retirement, education, and healthcare—has entered into…
Industry & Regulatory News
DOL News Release and FAQs Describe Hurricane-Related Benefit Plan Relief
The Department of Labor’s Employee Benefits Security Administration (EBSA) has released a news release and a FAQ document titled “FAQs for Participants and Beneficiaries Following…
In the News
David Musto Discusses How Public and Private Sectors Are Addressing Small Business Retirement Plan Needs
In a recent PLANADVISER feature, President David Musto discusses the vital role of small businesses in the U.S. economy and the challenges they’ve historically faced in offering cost-effective…
Industry & Regulatory News
Tax-Related Deadline Relief for Victims of Severe Storms in Wisconsin
The IRS has issued News Release WI-2018-07 announcing tax-related deadline relief for certain Wisconsin residents who are victims of recent storms, tornadoes, straight-line winds, flooding,…
Industry & Regulatory News
DOL Proposes Regulations for Employer to Form Association Retirement Plans
The Department of Labor (DOL) has proposed regulations to be officially published in tomorrow’s federal register which would allow employers to join together to form…
Industry & Regulatory News
Appellate Panel Finds Retirement Assets Acquired in Divorce Not Protected in Bankruptcy
A three-judge panel of the United States Bankruptcy Appellate Court for the Eighth Circuit has ruled that 401(k) plan and IRA assets acquired by a…
News Releases
Ascensus Acquires ESOP Economics
Continues to Build ESOP Capabilities with Addition of ESOP Software and Consulting Company Dresher, PA – Ascensus—whose technology and expertise helps millions of people save for…
Industry & Regulatory News
Hurricane Michael Disaster Relief Expanded to More Counties in Florida, Georgia
The IRS has added more Florida counties to those initially identified as eligible for tax-related deadline relief in the wake of Hurricane Michael. Newly added…