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DOL Approves Changes to 5500 Forms

June 5, 2022 / By Barbara Weltman

Qualified retirement and employee benefit plans usually must file annual returns in the 5500 series. The DOL announced changes to Form 5500 and 5500-SF. However, the changes first apply for 2022 plans reported in 2023 (e.g., 2022 calendar year plans must report by July 31, 2023); the old forms are used for 2021 plan years. No changes have been announced for Form 5500-EZ filed by self-employed individuals (plus spouses) and partners-only (plus spouses) plans. #IdeaoftheDay

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