Bipartisan legislation that seeks to modernize and streamline the Form 5500 reporting requirements for employer-sponsored retirement plans has been introduced in the House of Representatives.
The legislation would extend the filing deadline by nearly three months and expand the current electronic filing process.
1) What is a Form 5500? “Form 5500 is the form,” says Zachary Keep, manager of compliance risk at Paychex Inc. “It’s the vital signs for the retirement plan. It’s going to touch on the overall ...
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