News
A message to our friends and partners
Staying Strong Together in These Uncertain Times – It’s safe to say that the environment in which we’re living and coping today is unlike any…
Industry & Regulatory News
SECURE Act Video Series: Beneficiary Option Changes
Ascensus is excited to present the SECURE Act Video Series. This multi-video series will provide a snapshot of retirement-related SECURE Act provisions, included in the…
Industry & Regulatory News
Legislation to be Introduced to Suspend RMDs for 2020, Exempt Social Security Income from Taxation
Sen. Ed Markey (D-MA) has proposed legislation (S. 3527) to suspend for 2020 the obligation to withdraw required minimum distributions (RMDs) from employer-sponsored retirement plans…
Industry & Regulatory News
SECURE Act Video Series: New Plan Adoption Deadline
Ascensus is excited to present the SECURE Act Video Series. This multi-video series will provide a snapshot of retirement-related SECURE Act provisions, included in the…
Industry & Regulatory News
Lawmakers Introduce Bill to Ensure COVID-19 (Coronavirus) Testing Costs Not Borne by Patients
Reps. Diana DeGette (D-CO) and Donna Shalala (D-FL) have introduced the Covering Coronavirus Test Act of 2020 (H.R. 6173). This legislation is intended to prevent…
Industry & Regulatory News
IRS Provides Guidance on HSAs and Associated HDHPs, and Coverage of COVID-19 Testing
The IRS has issued Notice 2020-15, addressing requests made to the agency for health savings account (HSA)-related guidance as the nation responds to the challenges…
Industry & Regulatory News
IRS Priority Guidance Plan Update Includes Retirement Items
The IRS has issued its semi-annual update to the agency’s 2019-2020 Priority Guidance Plan, in which it describes guidance projects in the current fiscal year….
Industry & Regulatory News
IRS Fact Sheet and Website Posting Highlight SECURE Act Changes, Appear to Clarify Issues
The IRS issued news release IR-2020-50, which contains links to several resources that describe changes contained in the Setting Every Community Up for Retirement Enhancement…
Industry & Regulatory News
IRS Issues Tax-Related Deadline Relief for Tennessee Storm Victims
The IRS has issued news release TN-2020-01, announcing an extension of time to complete certain time-sensitive tax-related acts as a result of tornadoes, storms, straight-line…
Industry & Regulatory News
IRS Issues 2020 Cumulative List for Pre-Approved DB Plan Documents
The IRS has issued Notice 2020-14, in which the IRS provides the 2020 Cumulative List of Changes in plan qualification requirements that must be reflected…