Ascensus, LLC Unclaimed

Comprehensive solutions for efficient IRA administration and compliance.

Help Families Save For Education With Tax-advantaged 529 Plans.

Streamline education savings for families with comprehensive Coverdell ESA solutions.

Optimize employee benefits funding while achieving tax advantages with BOLI solutions.

Optimize nonqualified benefits costs with tax-advantaged COLI solutions.

Optimize tax-efficient investment strategies with tailored ICOLI programs.

Optimize employee benefit expenses with a tailored CUOLI program.

Empowers individuals with disabilities to save while maintaining eligibility for federal benefits.

Streamlined trust and custody solutions enhancing plan management efficiency.

Streamline IRA and HSA administration with a self-administered program that simplifies compliance and reduces errors.

Streamline IRS compliance with comprehensive forms and document services.

Empower Advisors To Strengthen Retirement Practices.

Streamline IRA/HSA program management while enhancing staff capabilities.

Administration and recordkeeping of state-sponsored education savings plans, including investment option management, tax-advantaged treatment, and family contribution features.

Program administration, compliance, forms, and advisor and client education for Coverdell education savings accounts.

End-to-end administration for traditional, Roth, SEP and SIMPLE IRAs including amendments, compliance, integration with core systems, and transaction and forms automation to reduce manual entry and risk.

Paperless, guided transaction workflows for self-administered retirement and health savings accounts featuring eSign, compliant forms generation, imaging, and call-center support.

Integrated trust, custody, and asset management services for retirement plans, including abandoned plan termination support and operational efficiencies for plan sponsors.

IRA Products and Solutions

IRA administration and related services suite offering traditional and Roth IRA administration, SEP and SIMPLE IRA administration, education and training, consulting, forms and documents, compliance resources, and IRA amendments. Includes IRAdirect express for streamlined processing and program management.

• Facilitates IRA Management
  Offers full service for managing traditional and Roth IRAs, ensuring compliance and efficiency.
• Improves Efficiency
  Enhances workflows by reducing system login fatigue for users.
• Decreases Compliance Risks
  Improves accuracy, thereby helping financial institutions meet regulatory requirements.
• Expert Guidance on IRA Programs
  Advisors receive tailored consulting to enhance IRA strategies.
• Supports Small Business Retirement Plans
  Provides administrative services for SEP and SIMPLE IRAs, catering to small businesses.
• Reduces Data Entry
  Minimizes the time spent on manual data entry, enhancing overall transaction speed.
• Boosts Customer Satisfaction
  Creates a more user-friendly interaction for account owners, leading to increased satisfaction.
• Supports Regulatory Adherence
  Provides essential tools for maintaining compliance while effectively promoting IRA offerings.
• Streamlines IRA Setup
  Includes a comprehensive suite of forms required for managing IRAs efficiently.
• Saves Processing Time
  Accelerates the transaction process by leveraging shared data effectively.
• Facilitates Compliance Updates
  Ensures IRA documents reflect current regulations.
• Enhances Knowledge Base
  Offers valuable training programs to keep staff updated on IRA regulations.

529 Plans

529 education savings plans sponsored by states, designed to help families save for education with tax-advantaged growth and state-specific benefits.

• Access State-specific Benefits
  Families can access unique benefits, including tax deductions and financial aid opportunities based on their state's 529 plan.
• Grow Savings Tax-deferred
  Investments grow tax-deferred, maximizing education savings without annual taxes on gains.
• Withdraw Without Tax Penalties
  Funds can be withdrawn tax-free when used for qualified education expenses, maximizing financial benefit.
• Choose Investment Strategies
  Account owners can select from various investment options, allowing tailored growth strategies.
• Encourage Contributions To Funds
  Loved ones can easily contribute to a student's 529 account, helping to increase savings toward education.

Coverdell Solutions

Coverdell ESA administration including program administration, forms and documents, education and training, and ESA resources.

• Simplify ESA Management
  Ascensus provides seamless management of Coverdell ESAs, allowing institutions to focus on client relationships.
• Access Essential ESA Documents
  Offer essential forms and documents to facilitate effective management.
• Enhance Client Knowledge
  Provide comprehensive training and resources, enhancing understanding and optimal use of Coverdell ESAs.
• Utilize Supportive ESA Tools
  Access resources tailored to assist in managing and promoting Coverdell ESAs effectively.

BOLI (Bank-Owned Life Insurance)

BOLI program offering tax-advantaged cash value accumulation, tax-free withdrawals and loans, and institutional pricing within a broad asset class/manager framework.

• Enhance Financial Efficiency
  Benefit from cash value growth that is exempt from taxation.
• Ensure Beneficiary Support
  Provide financial protection to beneficiaries without tax implications.
• Secure Competitive Rates
  Achieve better pricing options tailored for institutional investors.
• Access Funds Without Tax Burdens
  Utilize available cash value through tax-free loans and withdrawals.
• Gain Diverse Investment Choices
  Utilize diverse investment options tailored to specific banking needs.
• Streamline Program Management
  Access dedicated support for program administration.
• Facilitate Simple Underwriting
  Streamline the underwriting process with guaranteed issue features.
• Ensure Informed Decisions
  Conduct comprehensive analysis to select optimal BOLI solutions.

COLI (Corporate-Owned Life Insurance)

COLI program for corporate-owned life insurance designed to offset costs of nonqualified benefits with tax-advantaged value and broad investment options.

• Benefit from Tax-Free Growth
  Cash value in a COLI policy accumulates tax-deferred, enhancing company assets.
• Access Capital Tax-Free
  Policyholders can withdraw and take loans against cash value without incurring taxes.
• Gain Diverse Investment Choices
  COLI offers flexibility in investment with multiple asset classes.
• Mitigate Nonqualified Benefits Costs
  Helps organizations manage and hedge costs associated with providing nonqualified benefits.
• Streamlined COLI Program Management
  Clients receive assistance from specialists throughout the COLI lifecycle.

ICOLI (Insurance Company-Owned Life Insurance)

ICOLI offerings for insurance companies to diversify investments and meet surplus guidelines through company-owned life insurance.

• Enhance Portfolio Diversification
  Utilize tailored diagnostics to align your ICOLI with organizational goals.
• Maximize Tax-Adjusted Earnings
  Leverage tax advantages of ICOLI to optimize returns.
• Streamline Compliance Reporting
  Assist with documentation and reporting standards throughout your ICOLI program.

CUOLI (Credit Union-Owned Life Insurance)

CUOLI program helping credit unions design and fund life insurance for employee benefits with professional administration and reporting.

• Receive Attentive Service
  Ensures personalized assistance throughout the CUOLI program.
• Manage CUOLI Efficiently
  Comprehensive management of the CUOLI lifecycle for effective solutions.
• Leverage Top Technology
  Proprietary technology secures data and enhances operational efficiency.
• Gain Insightful Reports
  Allows credit unions to track their CUOLI program effectiveness.

ABLE Savings

ABLE savings accounts enabling individuals with disabilities to save for disability-related expenses with tax-advantaged accounts.

• Streamlines Account Management
  Comprehensive support ensures efficient management of ABLE accounts.
• Maximizes Savings Potential
  Income earned on ABLE savings is not taxed.
• Supports Financial Independence
  Users can save funds needed without impacting federal benefits.
• Enhances Growth Opportunities
  Account owners can select from various investment options.
• Provides Financial Flexibility
  Funds can be utilized for education, housing, transportation, and more.
• Streamlines Account Oversight
  Facilitates easy management through a single interface.

Trust and Custody Services

Integrated trust and custody services for retirement plans increasing efficiencies in plan and asset management.

• Streamline Asset Management
  Comprehensive trust and custodial services help clients focus on core business activities.
• Facilitate Plan Operations
  We perform services such as trade processing and tax reporting, ensuring compliance.
• Simplify Plan Termination
  Our approach is cost-effective and reduces administrative burden.

Self-Administered Program

Self-administered IRA and HSA program with guided transaction paths, compliant forms generation, and paperless workflows.

• Receive Expert Assistance
  Access specialized support to assist clients with inquiries.
• Ensure Compliance Easily
  Automatic forms selection minimizes errors and ensures submissions meet standards.
• Enable Paperless Processing
  Convenient eSignature capabilities paired with automated document imaging enhance workflows.
• Streamline Operations
  Integrate with core systems to enhance operational efficiency.
• Optimize Training and Workflow
  Training environment simulates real transactions for staff proficiency.
• Empower Your Team
  Comprehensive training programs ensure staff are well-informed.
• Access Valuable Resources
  Collection provides essential guidance on IRA and HSA regulations.

Forms & Document Services

A suite of IRS-approved forms and documents with administration and resources for IRA and HSA programs.

• Utilize Approved Forms
  Access a variety of forms critical for effective administration.
• Administer Documents
  Comprehensive management of retirement plan documents to ensure compliance.
• Ensure Compliance
  Regular updates on regulatory changes and necessary modifications.
• Educate Consumers
  Offering insights to aid understanding of retirement options effectively.
• Utilize Mailing Services
  Reliable mailing services for critical updates.

Advisor Central

One-stop platform powering advisors in enhancing retirement practice and client relationships.

• Streamline Client Interactions
  Facilitates efficient communication between advisors and clients.
• Increase Efficiency
  Supports advisors in streamlining operations and enhancing productivity.
• Enhance Knowledge Base
  Provides essential information to improve client service.

Administration & Professional Development

Administration and professional development services for IRA/HSA programs including training and compliance support.

• Ensure Compliance And Efficiency
  Comprehensive management and compliance support for IRA accounts.
• Empower Staff With Training
  Provides tailored education and training solutions for organizations.
• Enhance Administrative Efficiency
  Streamlines administration of IRA processes, ensuring accuracy.
• Customize Employee Training
  Offers customizable training resources for organizations.
• Facilitate Quick Transactions
  Enhances client experience with secure, compliant e-signatures.