Form 5500 Reporting On Missing Participants Clarified by IRS

Based on comments received in response to a Paperwork Reduction Act notice regarding the 2016 Form 5500 and Form 5500-SF, the Internal Revenue Service (IRS) announced that filers who have made a concerted effort to locate missing participants will face less of areporting burden associated with the missing individuals.

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Source: PLANSPONSOR.com

Marianne Marvez