The latest from Dennis Zuehlke

Nov 27, 2015 - by Dennis Zuehlke, Ascensus

Open enrollment provides opportunity for HSA Program growth

It is open enrollment time—the time of year when millions of American workers select their health insurance coverage for the coming year—either through their employer or, increasingly, through ...

Oct 19, 2015 - by Dennis Zuehlke, Ascensus

People helping people save for retirement the credit union way

For nearly 70 years, International Credit Union Day has been celebrated on the third Thursday of October as a way to reflect on the movement’s history and celebrate its ...

Sep 17, 2015 - by Dennis Zuehlke, Ascensus

Treasury audit identifies significant noncompliance with RMD rules

A recent audit by the Treasury Inspector General for Tax Administration (TIGTA) has identified nearly 639,000 taxpayers with IRAs worth $40.4 billion who may not have taken required ...

Aug 14, 2015 - by Dennis Zuehlke, Ascensus

Trade bill sharply increases information reporting penalties

President Obama has signed into law H.R. 1295, the Trade Preferences Extension Act, which contains a provision that sharply increases the tiered penalties for certain information returns and payee ...

Jul 31, 2015 - by Dennis Zuehlke, Ascensus

Retirement insecurity

Baby Boomers are retiring in droves—with the age 65-and-over population expected to double by 2030—and most of them have little or no retirement savings. Among households ages 55 ...

Jun 17, 2015 - by Dennis Zuehlke, Ascensus

New retirement plan proposal would mandate employer contributions

Representative Joseph Crowley (D-NY), Vice Chairman of the House Democratic Caucus, has proposed a new retirement plan that would mandate both employer and employee contributions. Rep. Crowley unveiled the proposed ...

May 28, 2015 - by Dennis Zuehlke, Ascensus

Even small improvements can reduce revenue loss

The Treasury Inspector General for Tax Administration (TIGTA) has recommended a number of actions that can be taken to further improve the strategy for addressing excess IRA contributions. Using information ...

May 13, 2015 - by Dennis Zuehlke, Ascensus

Illinois adopts mandatory auto IRA program

Illinois has become the first state in the nation to adopt an automatic enrollment IRA program. The intent of this program is to provide a retirement savings option for private-sector ...