COVID-19 Resources

A Message to Our Friends and Partners

On behalf of all of us at FuturePlan, we extend our wishes for a full recovery to those directly affected by COVID-19, and our deepest sympathies to those who have lost loved ones. Our heartfelt thanks go out to the medical professionals, first responders, and essential workers who are saving lives and sustaining our communities. Our highest priority at FuturePlan is the safety and wellbeing of our people, clients, and partners.

Even before the rapid spread of COVID-19 in the United States, we implemented action plans to protect our business practice and our clients from a crisis of this scale. FuturePlan teams had the flexibility, training, resources, and technology infrastructure to respond immediately when the crisis hit, shifting to a fully remote operation within four business days without interruptions to client service. Each day since, we have been working continuously to support all those who depend on us, responding with care, compassion, and commitment. Through the Ascensus government relations team, we’ve been advocating in Washington for every possible legislative and regulatory measure to support employers, plan sponsors, and savers.

We know that many of you are experiencing major business disruptions and may face difficult financial decisions. We understand and empathize, since so many of us at FuturePlan have owned or managed small businesses through previous economic downturns and devastating events. We hope you’ll reach out so we can support you and share our experience balancing urgent business needs with retirement security goals.

As we go forward, we will keep you up to date with regular communication. We are continually adapting and enhancing our services in response to the changing environment, committing every resource to help our clients, associates and partners persevere together and build a better future for all.

Stay safe and well.

Jerry Bramlett
President, FuturePlan by Ascensus

Regulatory Updates

IRS Releases Draft Forms 1099-R and 5498 for 2023 Tax Year

IRS Releases Draft Forms 1099-R and 5498 for 2023 Tax Year

The IRS has posted draft versions of Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., and Form 5498, IRA Contribution Information for tax year 2023.