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Ascensus Shares Key Retirement, College, and Health Savings TrendsAscensus, the nation's largest retirement and college savings services provider and a leading administrator of health savings accounts (HSAs), has launched pulse.ascensus.com. This site highlights the leading savings trends across Ascensus' (News - Alert) platform, revealing the "pulse" of the retirement, college savings, and HSA industries. Ascensus, which provides recordkeeping and administrative services for nearly seven million people across the country, analyzed data from its 40,000 retirement plans, 3.8 million 529 college savings accounts, and 200,000 HSAs. The following trends were identified within each area. Retirement trends
College savings trends
"Ascensus remains committed to helping Americans save for life's most important milestones, and we strive to stay in tune with the trends impacting the markets in which we specialize," said Bob Guillocheau, CEO and president of Ascensus. "The overarching takeaway from our research points to an increased use of 401(k), 529, and HSA vehicles, which is a testament to an ongoing dedication to saving for the future. The data we've analyzed will be incredibly helpful to advisors in guiding individuals and families to meet their goals." For additional trends and insights from Ascensus, visit http://pulse.ascensus.com.
1Ascensus platform, as of December 31, 2015. About Ascensus Ascensus is the largest independent retirement and college savings services provider in the United States, helping nearly 7 million Americans save for the future. With more than 35 years of experience, the firm partners with financial institutions to offer tailored solutions that meet the needs of financial professionals, employers, and individuals. Ascensus specializes in recordkeeping, administrative, and program management services, supporting over 40,000 retirement plans and over 3.8 million 529 college savings accounts. It also administers more than 1.5 million IRAs and health savings accounts. For more information about Ascensus, visit www.ascensus.com. View career opportunities at careers.ascensus.com or on LinkedIn (News - Alert) at linkedin.com/company/ascensus. For the latest company news, follow @AscensusInc on Twitter (News - Alert). For more information about 529 plans managed or administered by Ascensus College Savings, call 1-877-529-2980 or visit www.ascensuscollegesavings.com. Before investing in any 529 plan, you should consider whether your or the designated beneficiary's home state offers a 529 plan that provides its taxpayers with state tax and other benefits that are only available through the home state's 529 plan. You also should consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state's 529 plan(s), or any other 529 plan, to learn more about those plans' features, benefits and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision. Investment objectives, risks, charges, expenses, and other important information such as specific benefits, limitations, rules and guidance are included in a 529 plan's offering statement; read and consider it carefully before investing. When you invest in a 529 plan you are purchasing municipal securities whose value will vary with market conditions. Investment returns will vary depending upon the performance of the portfolios in the 529 plan you choose. Depending on market conditions, you could lose all or a portion of your money by investing in a 529 plan. Account owners assume all investment risks as well as responsibility for any federal and state tax consequences. Carefully read any disclosure statements and detailed information relative to your investment goals or needs, or consult with a tax advisor for their specific tax applications or consequences. View source version on businesswire.com: http://www.businesswire.com/news/home/20161130005326/en/ |