The DOL and IRS issued final changes to the Form 5500 Annual Return/Report of Employee Benefit Plan and Form 5500-SF Short Form Annual Return/Report of Employee Benefit Plan and related instructions. Effective for plan years beginning on or after January 1, 2022, changes to the Forms of the 5500 and their respective instructions include: READ MORE >
The SECURE 2.0 Act of 2022 was signed into law on December 29, 2022 to increase retirement savings, improve retirement rules, and lower employer costs of setting up a retirement plan. How is your organization’s retirement plan impacted? Here are some of the key features of this new law: