Plan administrators, employers, and other entities located in areas directly affected by the recent California wildfires have extra time to file their Form 5500, Annual Return/Report of Employee Benefit Plan, and Form 5500-EZ, Annual Return of One Participant (Owners and Their Spouses) Retirement Plan.
The filing deadline for Form 5500 and Form 5500 EZ Annual Report/Return has been extended to January 6, 2006, for employee benefit plans affected by Hurricane Katrina, the U.S. Department of Labor says.
The Internal Revenue Service has released new materials, including a CD-ROM,
to help small businesses and plan administrators understand how to keep employee
retirement plans eligible for tax-favored status.
Three federal agencies - the U. S. Department of Labor's Pension and Welfare Benefits Administration (PWBA), the Internal Revenue Service, and the Pension Benefit Guaranty Corporation - have released information copies of the Form 5500 return/reports, schedules and instructions to be used by employee benefit plans for plan year 2001 filings.
Corporations use a variety of sometimes creative methods to account for the liabilities associated with postretirement health and welfare benefits plans, Charles D. Spencer & Associates found in a recent survey.
