Read more about the current Greenbook proposals. ...
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The following changes have been made to the Form 5500 for 2016 filings:
The DOL, IRS, and PBGC, issued a proposal to modernize and improve the Form 5500 in July 2016. An extension for comment letters was granted until December 5, 2016. The proposed changes are intended to address changes in applicable laws, the employee benefit plan and financial market sectors, and changes in the data needed for policy setting, compliance assistance, and more. The proposed standards would also expand the information that would be publicly available. The proposed standards fall under five goals including the following:
The proposed changes would also require certifications for limited scope audits to be more informative.
The DOL, IRS, and PBGC are currently reviewing the comment letters and the final changes are expected to be issued in future periods.
If you have questions about these changes, please contact us.
Read more about the current Greenbook proposals. ...
Learn more about the regional and national supply chain implications of the Baltimore Key Bridge collapse. ...
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