News and Education

Congress passed the tax bill known as the One Big Beautiful Bill Act (OBBBA) on July 3, 2025. This article outlines certain retirement and financial provisions included in the OBBBA.

At Ascensus, we have always believed that saving is one of the most powerful tools individuals can use to build financial security. As one of the country’s leading administrators of tax-advantaged savings plans, we serve more than 16 million people who are saving for retirement, education, and disability-related expenses.

The Senate Finance Committee released bill text for inclusion in the Senate's version of the budget reconciliation bill on June 17, 2025.

Learn how compensation consultants can help your organization build a compensation program that incorporates pay transparency and supports compliance, attracts and retains key talent, and aligns with evolving workplace expectations. Discover how tailored compensation strategies can drive business goals and boost employee satisfaction.

Learn about the many responsibilities of retirement plan fiduciaries and how fiduciary consultants can help companies manage their plans and remain compliant with legal requirements. 

The need to attract and retain top talent is a key consideration when companies establish employee benefits plans. Providing workers, including highly compensated employees, the opportunity to invest in company stock can be an enticing recruitment tool and can also establish both a sense of loyalty and commitment through stock ownership. 

Discover how many of the misconceptions about nonqualified deferred compensation (NQDC) plans are easily debunked myths, and how offering NQDC plans can be a vital tool in helping to grow your advisory business. 

Discover how providing a free plan diagnostic for employers offering nonqualified deferred compensation (NQDC) plans can help grow your business.  NQDC plan reviews can identify issues with the sponsor’s current plan and help them decide to change providers.

Offering nonqualified deferred compensation (NQDC) savings plans as a supplement to traditional qualified plans such as a 401(k) is an effective tool companies use to attract, motivate, and retain key employees, and to help resolve qualified plan testing failures. But because NQDC plans do not meet ERISA requirements, they must be funded differently than qualified plans.  

Ascensus announced today the recent appointment of four new regional vice presidents (RVPs) to the Ascensus retirement sales team.

Ascensus announced a new strategic partnership with Janusea to deliver a financial technology solution that streamlines IRA and health savings account (HSA) administration for financial institutions. Janusea’s product creates a direct integration between Ascensus’ technology platform and banks and credit unions, eliminating manual, dual entry of IRA and HSA transactions.

Ascensus announced today that Phillip Gillespie has joined the company as its new Chief Legal, Risk and Compliance Officer. Gillespie reports to Ascensus Chair and CEO David Musto and is based in the company’s Newton, MA office.