News

Deadline Relief for Michigan Storm Victims

The IRS has issued a news release announcing the postponement of certain tax-related deadlines for Michigan victims of severe storms, flooding, and tornadoes.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS Guidance

IRS Releases Updated EPCRS Guidance

The IRS has released Revenue Procedure 2021-30, which contains long-awaited guidance updating the Employee Plans Compliance Resolution System (EPCRS).

FuturePlan ERISA Team

Retirement

Employer

Individual

Savings

IRS Issues Yield Curves for DB Plan Calculations

The IRS has issued Notice 2021-44, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.

FuturePlan ERISA Team

Defined Benefit Plan

Employer

Retirement

Relief from Physical Presence Requirement Extended

The IRS again extends temporary relief from physical presence requirement for retirement plan consents.

FuturePlan ERISA Team

Defined Contribution Plan

IRS Guidance

COVID-19

FuturePlan by Ascensus Expands Sales Team

Jay Hollis, John Krzeminski, and Lou DePonte Join Organization to Facilitate Continued Institutional Growth and Offer Enhanced Regional Support

FuturePlan

Corporate Culture

FuturePlan by Ascensus Appoints Aaron McIsaac as Divisional Vice President for Southern California

Experienced Sales Leader Will Continue to Oversee Organization’s Northwest/Central Region

FuturePlan by Ascensus—a leading national retirement third-party administrator (TPA) that specializes in the delivery of customized retirement plan consulting and administration services—announces that Aaron McIsaac will assume divisional vice president (DVP) responsibilities for the organization’s Southern California region as a result of DVP Greg Taylor’s planned retirement. The change is effective June 30, 2021.

FuturePlan

Corporate Culture

Several Health Savings Bills Proposed

Senator Ben Sasse (R-NE) recently introduced two bills aimed at providing more flexibility for the use of health savings accounts (HSAs).

FuturePlan ERISA Team

Health and Welfare

HSA

Legislative updates

Supreme Court Leaves Affordable Care Act In Place

On June 17, 2021, the United States Supreme Court held that the plaintiffs did not have standing to pursue an action under the Patient Protection and Affordable Care Act (PPACA).

FuturePlan ERISA Team

Health and Welfare

Deadline Relief for Louisiana Storm Victims

The IRS has issued a news release announcing the postponement of certain tax-related deadlines for Louisiana victims of severe storms and flooding.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS Guidance

Final Regulations for Deadline Postponements Related to Disasters

The IRS has released final regulations regarding the mandatory 60-day postponement of deadlines for certain time-sensitive, tax-related acts in circumstances of federally declared disasters.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS

IRS Guidance

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