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,…

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…

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