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KeepUP™ Blog

Ben Bell and Heather Gabell

Recent Posts

4/1/22 10:23 AM

Unclaimed Retirement Update: SECURE 2.0 Picks Up Steam, Passes House

On March 29, 2022, the U.S. House of Representatives voted almost unanimously in favor of SECURE Act 2.0, also known as the Securing a Strong Retirement Act (H.R. 2954). SECURE Act 2.0 expands upon the retirement savings solutions set forth in the SECURE Act, which passed in December 2019.

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Topics: Compliance, Reporting, Best Practices

2/15/22 8:25 AM

Unclaimed Property Reporting Extensions - Get Your Request in Soon!

With Spring reporting due dates around the corner, holders are busy reviewing due diligence responses, and updating and reconciling their files. But what if a holder is already aware that they will not be ready to file timely reports to the states?   While businesses continue to feel the strain of the pandemic, in the form of staffing shortages and postal service disruptions, holders may also experience other business interruptions that could lead to reporting delays, including implementing new accounting systems, changes to transfer agents or other personnel changes, or undergoing a merger or acquisition.   In these cases, it is worthwhile to consider whether a reporting extension is available.

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Topics: Compliance, Reporting, Best Practices