Baton Rouge Accountants – Hannis T. Bourgeois, LLP

New Reporting Requirements for ERISA-Covered 403 (b) Plans: DOL Provides Relief

March 2010

By: Hannis T. Bourgeois, LLP

Recent amendments to Department of Labor (DOL) and IRS regulations have made ERISA-covered 403(b) plans subject to the same reporting and audit requirements as 401(k)s. Read more»

What You Need to Know About Form 5500 Changes and EFAST

Beginning January 2010, plans that are required to file a Form 5500 must file it using the ERISA Filing Acceptance System, or EFAST. In addition, the IRS has made substantive changes to Schedule C, which may require additional information from plan sponsors. Read more»