Ascensus - Latest News http://www.ascensus.com/pressRoom.aspx Ascensus - Latest News Wed, 04 Nov 2009 20:43:36 GMT Wed, 04 Nov 2009 20:43:36 GMT IRS Issues Updated Form 8809 for Requesting Filing Extensions http://www.ascensus.com/news/news.aspx?ID=921 August 12, 2009 – The IRS has posted a June 2009 version of Form 880...]]> Wed, 12 Aug 2009 22:38:25 GMT LatestNews:921 IRS Modifies Remedial Amendment Cycle for Governmental Plans http://www.ascensus.com/news/news.aspx?ID=922 August 13, 2009 – The IRS has issued Revenue Procedure (Rev. Proc.) 2009-36, which modifies previously issued guidance (Rev. Proc. 2007-44) on remedial amendment cycles for retiremen...]]> Fri, 14 Aug 2009 13:57:06 GMT LatestNews:922 IRS Modifies Remedial Amendment Cycle for Governmental Plans http://www.ascensus.com/news/news.aspx?ID=923 August 13, 2009 – The IRS has issued Revenue Procedure (Rev. Proc.) ...]]> Fri, 14 Aug 2009 14:18:07 GMT LatestNews:923 IRS Seeks Comments to Shape Future Eligible Combined Plans http://www.ascensus.com/news/news.aspx?ID=924 August 14, 2009 – The IRS has issued Notice 2009-71, by which the Se...]]> Fri, 14 Aug 2009 14:29:48 GMT LatestNews:924 Victims of Kentucky Storms Given Tax-Related Postponements http://www.ascensus.com/news/news.aspx?ID=926 August 19, 2009 – With the issuance of news release IND-09-11, the IRS has given tax-related deadline relief to residents of Jefferson County, Kentucky, those who have businesses loc...]]> Wed, 19 Aug 2009 20:11:58 GMT LatestNews:926 September 2009 Interest Rates http://www.ascensus.com/news/news.aspx?ID=925 August 19, 2009 – The IRS has released the applicable federal interest rates for September 2009 as posted in Revenue Ruling 2009-29. These rates are used for such purposes as calcula...]]> Wed, 19 Aug 2009 20:12:06 GMT LatestNews:925 Senate Bill Contains Provisions Intended to Enhance ESOP Plans http://www.ascensus.com/news/news.aspx?ID=927 August 20, 2009 – Before the recent recess of Congress, Senators Blanche Lincoln (D-Ark.) and Mary Landrieu (D-La.) introduced the Employee Stock Ownership Plan Promotion and Improve...]]> Fri, 21 Aug 2009 14:19:13 GMT LatestNews:927 IRS Posts 2009 Publication 1220 for Electronic Filers of Information Returns http://www.ascensus.com/news/news.aspx?ID=928 August 20, 2009 - The IRS has posted the 2009 version of Publication 1220, Specifications for Filing Forms 1098, 1099, 3921, 3922, 5498, 8935 and W-2G Electronically. Fri, 21 Aug 2009 14:19:23 GMT LatestNews:928 Auto Enrollment Adoption at Ascensus Surpasses 1,000 Plans http://www.ascensus.com/news/news.aspx?ID=931 Dresher, Pennsylvania–September 1, 2009 – Ascensus reports client adoption of (k)ruiseControl™, Ascensus’ auto enrollment and deferral increase program, has passed the 1,000 p...]]> Tue, 01 Sep 2009 18:20:30 GMT LatestNews:931 Auto Enrollment Adoption at Ascensus Surpasses 1,000 Plans http://www.ascensus.com/news/news.aspx?ID=933 Dresher, Pennsylvania–September 1, 2009 – Ascensus reports client adoption of (k)ruiseControl™, Ascensus’ auto enrollment and deferral increase program, has passed the ...]]> Tue, 01 Sep 2009 18:46:02 GMT LatestNews:933 Earlier Retirement Contribution Deadline for Certain Partnerships http://www.ascensus.com/news/news.aspx?ID=934 September 4, 2009 – A change in the extended tax return filing deadline for partnerships means that some partnerships will have to make retirement plan contributions one month earlie...]]> Tue, 08 Sep 2009 14:09:07 GMT LatestNews:934 IRS Issues Guidance on SIMPLE IRAs, 401(k) Plans, and Other Qualified Plans http://www.ascensus.com/news/news.aspx?ID=935 September 8, 2009 – The IRS has issued a number of guidance items simultaneously, affecting qualified plans in general, and 401(k) plans and SIMPLE IRA plans in particular.  The...]]> Tue, 08 Sep 2009 21:08:11 GMT LatestNews:935 IRS issues guidance on rollovers from employer plans to Roth IRAs http://www.ascensus.com/news/news.aspx?ID=938 September 8, 2009 – In addition to the numerous guidance items announced earlier today, the IRS this afternoon issued Notice 2009-75, Rollovers From Employer Plans to Roth IRAs. ...]]> Tue, 08 Sep 2009 21:08:20 GMT LatestNews:938 IRS Issues Final Regulations on HSA Employer Comparable Contributions http://www.ascensus.com/news/news.aspx?ID=937 September 8, 2009 – In the September 8th edition of the Federal Register, the IRS has published final regulations on employer comparable contributions to Health Savings Accoun...]]> Tue, 08 Sep 2009 21:08:37 GMT LatestNews:937 Federal Register Posts RMD Rules for Governmental Plans http://www.ascensus.com/news/news.aspx?ID=936 September 8, 2009 – In the September 8th edition of the Federal Register, the IRS has published final regulations that permit governmental plans to satisfy the required minimu...]]> Tue, 08 Sep 2009 21:08:46 GMT LatestNews:936 Link to IRS Guidance on Employer Plan Rollovers to Roth IRAs http://www.ascensus.com/news/news.aspx?ID=939 September 9, 2009 – A Latest News article from September 8, 2009, contained information on IRS Notice 2009-75, Rollovers From Employer Plans to Roth IRAs.  Notice 2009-75...]]> Wed, 09 Sep 2009 21:23:30 GMT LatestNews:939 DOL Issues Field Assistance Bulletin on Use of Summary Prospectus to Meet 404(C) Requirements http://www.ascensus.com/news/news.aspx?ID=940 September 9, 2009 – The Department of Labor’s Employee Benefit Security Administration has issued Field Assistance Bulletin (FAB) 2009-03, addressing the ability of a participant-dir...]]> Thu, 10 Sep 2009 20:55:33 GMT LatestNews:940 PLR Affirms Spouse Retirement Plan Beneficiary’s Right to Establish Beneficiary IRA http://www.ascensus.com/news/news.aspx?ID=942 September 10, 2009 – The IRS, in private letter ruling (PLR) 200936049, has added one more affirmation that a spouse who inherits employer plan assets may set up a new IRA as a benef...]]> Thu, 10 Sep 2009 20:54:19 GMT LatestNews:942 IRS Employee Plans News Special Edition Notes Automatic Enrollment and Other Guidance Issued Earlier This Week http://www.ascensus.com/news/news.aspx?ID=941 September 10, 2009 – The IRS has issued a special September 2009 edition of Employee Plans News.  In this special edition the IRS briefly notes the release of four notice...]]> Thu, 10 Sep 2009 20:54:27 GMT LatestNews:941 IRS May Consider Allowing Vesting in 403(B) Model Prototype Documents http://www.ascensus.com/news/news.aspx?ID=945 September 18, 2009 – Highly-placed IRS staff attending a retirement conference sponsored by the American Law Institute-American Bar Association (ALI-ABA) revealed last week that the ...]]> Fri, 18 Sep 2009 19:23:06 GMT LatestNews:945 IRS Grants New Yorkers Tax-Related Deadline Relief http://www.ascensus.com/news/news.aspx?ID=943 September 18, 2009 – With the issuance of news release NY-2009-27, the IRS has granted tax-related deadline relief to victims of storms and flooding in Cattaraugus, Chautauqua, and E...]]> Fri, 18 Sep 2009 19:23:14 GMT LatestNews:943 IRS And Labor Departments May Encourage Annuitizing Retirement Payouts http://www.ascensus.com/news/news.aspx?ID=944 September 18, 2009 – Several media outlets are reporting that the U.S. Treasury and Labor Departments will cooperatively push for retirement plan rule changes that encourage workers ...]]> Fri, 18 Sep 2009 19:23:25 GMT LatestNews:944 Investment Advice Regulations To Be Rewritten http://www.ascensus.com/news/news.aspx?ID=947 September 18, 2009 ? Several industry sources are reporting that the Department of Labor (DOL) will rewrite final regulations governing investment advice given to retirement plan par...]]> Fri, 18 Sep 2009 19:23:33 GMT LatestNews:947 Health Care Reform Bill Would Change Rules for HSAs and FSAs http://www.ascensus.com/news/news.aspx?ID=946 September 18, 2009 – The America’s Healthy Future Act of 2009, health care reform legislation, which was introduced by Senate Finance Committee Chairman Max Baucus (D-Mont.), would a...]]> Fri, 18 Sep 2009 19:23:42 GMT LatestNews:946 IRS Issues Federal Rates For October http://www.ascensus.com/news/news.aspx?ID=948 September 21, 2009 – The IRS has issued Revenue Ruling 2009-33, containing the adjusted federal rates for October.  These rates are used for several purposes, including calculat...]]> Mon, 21 Sep 2009 20:45:00 GMT LatestNews:948 IRS Issues Fall 2009 Edition of Employee Plans News http://www.ascensus.com/news/news.aspx?ID=949 September 23, 2009 – The IRS has posted at its web site the Fall 2009 edition of Employee Plans News, a newsletter intended to help employers better understand and maintain co...]]> Wed, 23 Sep 2009 17:22:14 GMT LatestNews:949 IRS Announces Tax-Related Relief for Victims of Georgia Storms http://www.ascensus.com/news/news.aspx?ID=951 September 28, 2009 – The IRS has issued news release ATL-2009-36 explaining tax-related deadline relief for victims of September 18, 2009, storms and flooding that affected the follo...]]> Mon, 28 Sep 2009 20:26:27 GMT LatestNews:951 IRS Publishes Controlled Group Proposed Regulation http://www.ascensus.com/news/news.aspx?ID=952 September 29, 2009 – Today’s Federal Register contains a proposed IRS regulation describing a Service position on the determination of controlled groups of businesses. The reg...]]> Tue, 29 Sep 2009 19:23:52 GMT LatestNews:952 New Guidance Provides RMD Waiver Relief http://www.ascensus.com/news/news.aspx?ID=953 About the Ascensus “Alert”

Ascensus publishes its Alert when time is of the essence regarding important changes that affect the retirement services indu...]]> Wed, 30 Sep 2009 22:56:01 GMT LatestNews:953 New Guidance Provides RMD Waiver Relief http://www.ascensus.com/news/news.aspx?ID=954 About the Ascensus “Alert”

Ascensus publishes its Alert when time is of the essence regarding important changes that affect the retirement services indu...]]> Wed, 30 Sep 2009 22:58:37 GMT LatestNews:954 Taxable Wage Base for Integrated Plans Remains Unchanged for 2010 http://www.ascensus.com/news/news.aspx?ID=956 October 15, 2009 – The Social Security Administration (SSA) has issued a news release indicating that retiree benefits and certain other amounts subject to annual cost-of-living adju...]]> Thu, 15 Oct 2009 16:56:58 GMT LatestNews:956 2009 Cost-of-Living Adjustments http://www.ascensus.com/news/news.aspx?ID=957 October 16, 2009 – On October 15, 2009, the IRS released the 2010 cost-of-living adjustments (COLAs) for IRAs and retirement plans in News Release IR-2009-94. The IRS makes the adjus...]]> Fri, 16 Oct 2009 15:36:34 GMT LatestNews:957 2010 Cost-of-Living Adjustments http://www.ascensus.com/news/news.aspx?ID=958 October 16, 2009 – On October 15, 2009, the IRS released the 2010 cost-of-living adjustments (COLAs) for IRAs and retirement plans in News Release IR-2009-94. The IRS makes the adjus...]]> Fri, 16 Oct 2009 16:36:43 GMT LatestNews:958 Bills Introduced to Extend RMD Waiver, Increase Contributions http://www.ascensus.com/news/news.aspx?ID=966 October 27, 2009 – Rep. Michael Burgess (R-Texas) introduced a bill (H.R. 3920) to extend the 2009 waiver of required minimum distributions (RMDs) through 2010. The bill has been ref...]]> Tue, 27 Oct 2009 15:35:40 GMT LatestNews:966 IRS to Release Updated Model IRA Plan Agreements in 2010-2011 http://www.ascensus.com/news/news.aspx?ID=971 November 4, 2009 – The IRS this week has indirectly announced that it intends to release updated model forms for IRAs and IRA-based savings arrangements. It has posted at its website...]]> Wed, 04 Nov 2009 17:34:16 GMT LatestNews:971 IRS Says Vesting Will Be Allowed in 403(b) Plan Prototype Program http://www.ascensus.com/news/news.aspx?ID=972 November 4, 2009 – A high-ranking IRS representative with responsibility for guidance for 403(b) plans has reportedly stated that vesting of employer 403(b) plan contributions will b...]]> Wed, 04 Nov 2009 20:43:36 GMT LatestNews:972