News

Vestwell Names FuturePlan As One of Its Preferred TPA Partners

Vestwell names FuturePlan as one of its preferred TPA partners, as part of their new Vestwell Flex solution. Vestwell Flex helps streamline the process of selecting a TPA by bundling pricing and agreements while unbundling TPA services – provided by preferred partners such as FuturePlan.

“As one of Vestwell’s preferred TPA partners, we’re pleased to be part of this new and creative product solution,” said Kasey Price, President of FuturePlan. “Together, we’re providing advisors with a time saving solution that allows them the opportunity to scale their practice – and meet their clients evolving business needs.”  

Read more in the press release from Vestwell.

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.