Understanding Ascensus' Acquisition of Vanguard's 401(k) Business and Contribution Options

Thursday, 8 August 2024, 06:34

This article tackles listener inquiries regarding Ascensus' acquisition of Vanguard's individual 401(k) business and explores how donor-advised funds (DAFs) can be utilized for charitable giving. Additionally, it discusses the feasibility of using appreciated securities as an alternative for contributions. Lastly, it covers strategies for contributing to a non-dependent adult child's health savings account (HSA), concluding that understanding these financial instruments can significantly enhance personal finance planning.
LivaRava Finance Meta Image
Understanding Ascensus' Acquisition of Vanguard's 401(k) Business and Contribution Options

Ascensus Acquires Vanguard's 401(k) Business

Recently, Ascensus announced its acquisition of **Vanguard's** individual 401(k) business, raising several questions among listeners regarding the implications of this move.

Listener Questions Addressed

  • What does this acquisition mean for current Vanguard clients?
  • How can DAFs benefit charitable giving?
  • Are appreciated securities a good alternative for contribution?
  • How can you contribute to your non-dependent adult child's HSA?

The article addresses these points, providing insights and strategies that individuals can leverage to improve their financial planning.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe