The latest from Dennis Zuehlke

Aug 20, 2014 - by Dennis Zuehlke, Ascensus

Record HSA growth creates opportunity for credit unions

In the 10 years since health savings accounts (HSAs) first became available, HSA ownership has grown considerably. According to the annual census by America’s Health Insurance Plans (AHIP), as ...

Jul 22, 2014 - by Dennis Zuehlke, Ascensus

US Supreme Court rules inherited IRAs not protected in bankruptcy

The U.S. Supreme Court has ruled that funds held in inherited IRAs are not “retirement funds” exempt from the debtor’s bankruptcy estate under federal law. The Court’s ...

Jun 23, 2014 - by Dennis Zuehlke, Ascensus

Bobrow ruling raises many questions with few answers

The U.S. Tax Court ruling earlier this year in Bobrow v. Commissioner— challenging the taxpayer’s application of the one-per-12-month rollover rule—sent shock waves through the world  of ...

May 16, 2014 - by Dennis Zuehlke, Ascensus

Qualified charitable distributions included in tax extenders package

Just as the swallows have returned to San Juan Capistrano, qualified charitable distributions (QCDs) from IRAs may return to the tax code as Congress considers a package that would extend ...

Apr 18, 2014 - by Dennis Zuehlke, Ascensus

Obama budget proposes significant changes to Roth IRAs

The Obama administration’s fiscal year 2015 revenue proposal would make significant changes to Roth IRAs. If implemented, these changes would make the Roth IRA a less attractive savings vehicle ...

Mar 17, 2014 - by Dennis Zuehlke, Ascensus

Tax reform plan may signal future retirement savings changes

House Ways and Means Committee Chairman Dave Camp (R-MI) released a draft tax reform plan that would make significant changes to tax-advantaged savings plans, including employer-sponsored retirement plans, Traditional and ...

Mar 17, 2014 - by Dennis Zuehlke, Ascensus

Tax reform plan may signal future retirement savings changes

House Ways and Means Committee Chairman Dave Camp (R-MI) released a draft tax reform plan that would make significant changes to tax-advantaged savings plans, including employer-sponsored retirement plans, Traditional and ...

Feb 19, 2014 - by Dennis Zuehlke, Ascensus

Obama administration creates new retirement savings option

The Obama administration has announced the creation of a new retirement savings account designed to target Americans not covered by a workplace retirement plan. The new accounts will be offered ...