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Retirement savings. In December 2016, Ascensus was chosen to manage the Oregon Retirement Savings Plan, the first state-sponsored retirement savings plan in the country. With it, Oregon aims to cover around 1 million working citizens who are currently not covered by an employer-sponsored retirement plan. The program launched in July 2017.
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Top reasons to take advantage of catch-up contributions. They can be made pre-tax. Catch-up deductions can be made pre-tax, which has the effect of reducing taxable income, perhaps significantly ...
Unlike traditional pension plans, in which the employer promises a specified monthly benefit at retirement, 401 (k) plans are funded by contributions deducted directly from the employee’s ...
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Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering. [2] In April 2014, the company rebranded itself as ...
Interest is one of the big factors in the continuing growth of your 401 (k) plan’s balance. When you select a fund to invest in, that fund may include CDs, bonds and/or money market funds—all ...
Please change "Ascensus, LLC. is an American financial services company," in the first sentence to "Ascensus, LLC. is an independent recordkeeping services provider for retirement, government, and health savings plans in the United States, with more than $262 billion in assets under administration."