Industry & Regulatory NewsIRS Issues Deadline Relief for Kentucky Severe Storms Victims
The IRS has issued a news release announcing the postponement of certain tax-related deadlines for Kentucky victims of severe storms, flooding, landslides, and mudslides. The tax relief postpones various tax filing and payment deadlines that occurred starting on February 27. The areas included in the relief are Boyd, Breathitt, Carter, Casey, Clay, Cumberland, Elliott, Estill, Floyd, Franklin, Jackson, Johnson, Knott, Knox, Lawrence, Lee, Lincoln, Magoffin, Marion, Martin, Mason, Morgan, Ohio, Pike, Powell, Rockcastle, and Wolfe counties.
Industry & Regulatory NewsWashington Pulse: New Coronavirus Law Provides Retirement Plan and Healthcare Relief
With virtually every part of the U.S. economy facing unexpected financial challenges from the coronavirus (COVID-19) pandemic, Congress has passed the largest relief package in U.S. history. Signed into law on March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is designed to assist the millions of Americans affected by the outbreak. The legislation has multiple provisions that affect retirement and health savings arrangements.
Thought LeadershipAscensus Supports Small Businesses
President Donald Trump has signed into law a $484 billion relief package that will infuse $320 billion in additional funding into the Small Business Administration's (SBA's) Paycheck Protection Program (PPP). Also included in the package is funding for Economic Injury Disaster Loans and the SBA’s Disaster Loans Program Account, along with relief for hospitals dealing with the immediate effects of the pandemic, and, specifically, for enhanced COVID-19 testing.
Thought LeadershipHow Saver and Employer Behaviors Are Evolving in Response to COVID-19
Proprietary data from Ascensus reveals how U.S. employees shifted their savings behaviors in March 2020, as the COVID-19 outbreak caused major disruption to the U.S. economy and financial markets.
Thought LeadershipUnderstanding the CARES Act: Coronavirus-Related Distributions (CRDs)
Understanding the CARES Act: Coronavirus-Related Distributions (CRDs)
Thought LeadershipUnderstanding the CARES Act: Required Minimum Distribution (RMD) Waiver
Understanding the CARES Act: Required Minimum Distribution (RMD) Waiver
News ReleasesAscensus Supports Institutional Partners, Advisors, and Their Clients with Challenges Related to COVID-19 Pandemic
Technology-Enabled Service Provider Shares Insights, Analysis, and Educational Resources
Dresher, PA—Ascensus, whose technology and expertise help millions of people save for retirement, education, and healthcare, is supporting institutional partners, advisors, and their clients during the COVID-19 pandemic via a variety of approaches that include COVID-19-specific resources, infographics, behavioral analytics, legislative insights, and more.
Industry & Regulatory NewsUnderstanding the CARES Act: Expanded Health and Dependent Care Options
Understanding the CARES Act: Expanded Health and Dependent Care Options
News ReleasesA message to our friends and partners
It's safe to say that the environment in which we're living and coping today is unlike any most of us have seen in our lifetimes. Worry for our own health and that of our loved ones, challenges to the operation of virtually every type of business, social distancing, travel restrictions, and startling global financial market volatility sometimes feel beyond our ability to process.
Industry & Regulatory NewsRetirement Spotlight: DOL Releases Additional Investment Advice Guidance
Objective investment advice. Simple concept, right? And most everyone agrees that every saver and retirement investor is entitled to this. But ensuring that individuals have access to objective investment advice is easier said than done. In fact, the Department of Labor (DOL) has been trying to make this happen since the 1970s, when it first released a five-part test to help determine whether investment professionals owed their clients a duty to provide objective advice.