Helping millions save for what matters

We partner with financial institutions, governments, advisors, and employers to offer tax-advantaged savings plans.

Our Story

Ascensus is the largest independent recordkeeping services partner, third-party administrator, and government and health savings facilitator in the United States.1 We’re also one of the savings plan industry’s leading providers of outsourced services.

Our combination of purpose-built technology and deep expertise enables our partners to deliver industry-leading solutions that help people save for what matters: retirement, education, and healthcare.

1Cerulli Associates. The Cerulli Report: U.S. Retirement Markets 2020. March 2021.
2As of 6/30/2021

What We Do

Retirement Savings

Ascensus supports qualified retirement plans and Individual Retirement Accounts (IRAs) through partnerships with top financial institutions, banks, credit unions, and advisors.

We administer the nation’s first state-facilitated retirement programs, leveraging our strong state relationships to offer the opportunity to save for the future to employees who don’t have access to a workplace retirement plan.

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Education Savings

As the nation’s leading provider of 529 plans, we help families and students save today to help finance the education expenses of tomorrow. We created and power Ugift, a free service that allows family and friends to give the gift of college savings.

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Health Savings

We support a range of consumer-directed healthcare and savings accounts designed to help individuals afford the care and support they need. With healthcare reform continually taking shape, we’ve established business and technology partnerships that place us at the forefront of the health and benefits industry.

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We partner with states across our nation to help families save for disability-related expenses without jeopardizing their eligibility for federal benefits. ABLE plans allow individuals with disabilities and their loved ones to save for the resources they need today and in the future.

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“Our culture is grounded in values that underscore our commitment to our clients. Whether we’re partnering with a leading financial institution, a state treasurer’s office, a large corporation, or a small business, those we serve are always at the center of everything we do.”

David Musto, President and CEO

How We Provide Value