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.
There’s nothing routine about handling an IRA beneficiary claim after an IRA owner passes away. The forms may be standard, but the situation never is. Behind every beneficiary designation is a family sorting through loss, and a financial organization trying to help them navigate an unfamiliar and time-sensitive process.
Building connections is at the heart of everything we do at Ascensus, whether we’re helping financial organizations serve their communities or working behind-the-scenes with our IRA administrative platform, IRAdirect®. Our new partnership with Janusea is about building more core connections.
