Product & Service Launches

Ascensus Completes ABLEnow Platform Transition

Ascensus LLC completed the transition of ABLEnow, the nation’s largest independent Achieving a Better Life Experience program, to its platform.

ABLEnow will leverage several capabilities of the Ascensus platform, including:

• An entity management dashboard that allows organizations that serve multiple ABLE-eligible individuals to open and manage their accounts in one place;
• A modernized enrollment experience designed to simplify eligibility and clarify caregiver roles; and
• Ugift, a feeless gifting feature that allows family and friends to contribute directly to ABLE users’ accounts.

Ascensus now administers nearly half of all ABLE programs in the U.S., supporting plans across 23 states and Washington, D.C, according to the firm’s announcement.

Radish Plan Selects IRALogix as IRA Service Provider

The Radish Plan, an employee rewards program funded into a 401(a) retirement savings account, selected IRALogix as its individual retirement account service provider.

Radish’s platform, created by 401(k) pioneer Ted Benna, allows employers to structure performance rewards that help build employee financial security while reducing employer costs through tax advantages approved by the Internal Revenue Service.