Comment Sought on PPA Investment Advice Requirements

By Ascensus December 5, 2006

December 4, 2006 – The Department of Labor’s Employee Benefits Security Administration (EBSA) has published in the Federal Register two requests for public comment on…

Pension Protection Act of 2006

By Ascensus November 30, 2006

Action Item Summary On August 17, 2006, President Bush signed the Pension Protection Act of 2006 (PPA), a comprehensive pension reform bill. A primary focus…

December 2006 Interest Rates

By Ascensus November 22, 2006

November 21, 2006 – The IRS has released the applicable federal interest rates for December 2006 as posted in Revenue Ruling 2006-61. These rates are…

IRA Charitable Distributions Reported on Form 1040

By Ascensus November 15, 2006

November 15, 2006 – The IRS recently advised BISYS® Retirement Services that a tax-free charitable donation of IRA assets—a new option under the Pension Protection…

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