In June we asked you to test your HSA knowledge by taking a short quiz. From the results, we noted some confusion about qualified medical expenses—those expenses that would generally qualify for a medical and dental expense deduction—that can be paid for from an HSA.
Read MoreHSAs have been around for 17 years and their continued growth is predicted as consumers learn more about the HSA’s tax advantages. Don’t let misinformation about HSAs hold you back from offering HSAs or growing your HSA business.
Read MoreIn today’s world, almost everything has to be offered digitally or available in an “e” format. Your IRA, retirement plan, ESA, and HSA business is no exception. Fortunately, Ascensus offers several “e” products and training solutions to help you stay connected and in compliance.
Read MoreManaging retirement plan administration pre-COVID was already a challenge. Now with Cycle 3 restatement added to the mix, it’s even more so. Fortunately, Ascensus has the tools you need to streamline the Cycle 3 restatement process in today’s remote work environment.
Read MoreWith an increase in the number of repayment and postponed contribution options comes an increase in confusion about reporting these contributions on IRS Form 5498. Find out how to avoid the confusion—and any unnecessary errors.
Read MoreNeglecting your IRA withholding notice obligations can be costly, especially after the SECURE Act upped the penalty. Find out how you can limit your risk of noncompliance when meeting IRA withholding notice requirements.
Read MoreThe Cycle 3 qualified retirement plan restatement is now in full swing. If you’re not prepared to complete the expanded Cycle 3 documents for your adopting employers, Ascensus can help.
Read MoreOnce you’ve answered your clients’ questions about retirement, health, and education savings accounts, providing a take-away for them to reference later could help solidify their knowledge.
Read MoreAscensus offers multiple reference guides and technical manuals—both in print and electronic formats—that will support you and your staff as you navigate basic to complicated tax-advantaged savings account questions.
Read MoreBecause of the SECURE Act, CARES Act, and related guidance changes, the need for specialized training has never been greater. The Ascensus Virtual Compliance & Legislative Summit is the perfect alternative to an in-person education conference.
Read MoreIRA beneficiary options have always been complex, but after the SECURE Act, they’ve become even more so. This may make processing IRA death benefit claims and providing error-free tax reporting a challenge. Find out how Ascensus can help.
Read MoreDuring this time of financial uncertainty, perhaps now’s the time to expand your product line and give your deposit base a boost by entering the HSA market. Already in the HSA business? Ensure its success by focusing on your HSA goals to help fill in the gaps.
Read MorePreparing for an Individual(k) document restatement can seem overwhelming, but it doesn’t have to be. Ascensus is here to help. With less than a month to go before the Cycle 3 restatement begins, this is the perfect time to think about transitioning your Individual(k) plan block of business to Ascensus.
Read MoreIt can be difficult to keep pace with all the changes that affect the retirement industry. And if 2020 has taught us anything so far, it’s that as soon as you think you’ve found the answers, the questions will inevitably change. Now’s the time to invest in training and education.
Read MoreWondering how best to let your IRA owners and beneficiaries know that they don’t have to take a required minimum distribution for 2020? Getting the word out to your clients may seem like another obligation that your organization doesn’t have time for right now. Ascensus can help.
Read MoreYou likely are finding it a challenge to not only keep up with the latest rules pertaining to tax-advantaged savings plans, but to confidently and knowledgeably answer your clients’ many questions about them. Fortunately, the expertise you need is just a phone call away.
Read MoreNavigating the post-SECURE retirement landscape may seem perplexing to many small business owners and self-employed individuals. That’s where Ascensus can help you help them get back to managing a successful business.
Read MoreBeginning this year, trustees and custodians that fail to timely provide withholding notices to their IRA clients face a $100 penalty per failure, instead of $10 per failure. It might be time for a simpler, more reliable, cost-efficient way to carry out your withholding notice obligations.
Read MoreBeing a qualified retirement plan prototype document sponsor can be challenging. With the “Cycle Three” restatement in full swing, this may be a good time to cut the costs—and the stress—that comes with being a document sponsor.
Read MoreWhen answering questions from your clients about retirement, health, and education savings accounts, it may be helpful to provide them with brochures about these topics.
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