Think of your IRA program as a finely tuned engine; even when it seems to be working just fine, a little maintenance can boost performance, reduce friction, and unlock new opportunities. Here’s how you can revamp your IRA efforts and build a stronger momentum across your team.
Even for savvy savers, financial products such as IRAs, retirement plans, and HSAs, can be confusing. Add in new legislation and changing regulations, it’s not always clear which path fits a client’s long-term goals. Ultimately, what do your clients want? Clarity. Simplicity. Guidance.
That’s where smart consumer education steps in.
If you’ve ever paused mid-transaction wondering, “Is this a transfer or a rollover,” or your staff are selecting the wrong transaction type only for you to fix it later, you are not alone. IRA and HSA transactions can get complicated quickly, and even experienced staff sometimes second-guess which form to use or how to stay fully compliant.
Your clients have faith that when it comes to their retirement accounts, you’ve got the details covered. And for the most part, that’s true. But IRA reporting has plenty of moving parts, and small mistakes can quickly lead to confusion, IRS corrections, or extra time spent untangling complicated problems.
Ascensus has made updating IRA disclosure statements easy. Clients who use our documents can use a 2025 full disclosure statement amendment to update their existing Traditional, Roth, and SIMPLE IRAs—including inherited Traditional and Roth IRAs as applicable.
