DOL Issues Guidance on PPA Periodic Benefit Statements

By Ascensus December 21, 2006

December 21, 2006 – The Department of Labor’s Employee Benefits Security Administration (EBSA) has issued Field Assistance Bulletin 2006-3 setting forth requirements that apply to…

Congress Changes HSA Contribution Rules

By Ascensus December 20, 2006

On December 20, 2006, President Bush signed the Tax Relief and Health Care Act of 2006. This bill primarily contains extensions to popular tax provisions—such…

January 2007 Interest Rates

By Ascensus December 20, 2006

December 19, 2006 – The IRS has released the applicable federal interest rates for January 2007 as posted in Revenue Ruling 2007-2. These rates are…

Changes to Form 5500 Proposed in Response to PPA

By Ascensus December 11, 2006

December 11, 2006 – The IRS and the Department of Labor’s Employee Benefits Security Administration (EBSA) and Pension Benefit Guarantee Corporation (PBGC) have jointly released…

Congress Passes Tax Bill With HSA Provisions

By Ascensus December 11, 2006

December 11, 2006 – One of the final actions of the 109th Congress, which adjourned last weekend, was a Senate vote to pass H.R. 6111,…

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