House Passes Pension Reform Bill

By Ascensus December 16, 2005

December 16, 2005 – The House of Representatives yesterday overwhelmingly approved H.R. 2830, the Pension Protection Act of 2005. The bill makes changes to defined…

Proposed Bill Would Change Some HSA Rules

By Ascensus December 15, 2005

December 15, 2005 – The Flex Health Savings Account Act of 2005 (H.R. 4511) has been introduced by Rep. Eric Cantor (R-Va.). The bill would…

IRS Rejects 60-Day Rollover Waiver Request

By Ascensus December 12, 2005

December 12, 2005 – The IRS, in Private Letter Ruling (PLR) 200549017, has rejected a taxpayer’s request to allow a distribution from a qualified retirement…

IRS Grants Relief for Kentucky Tornado Victims

By Ascensus December 9, 2005

December 9, 2005 – The IRS issued news release IND-2006-07 describing relief from deadlines for certain taxpayers affected by November 15, 2005, tornadoes that struck…

IRS Posts 2006 Withholding Form W-4P

By Ascensus December 9, 2005

December 8, 2005 –The IRS has released the 2006 Form W-4P, Withholding Certificate for Pension or Annuity Payments. This form is used to record recipient…

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