I heard that short plan year filers have a 90-day extension of time to file their Form 5500. Is that true?
The extension of time is only available for short plan year filers who are required to file an actuarial schedule because those filers had to wait until the 2008 Schedule SB and MB and their instructions were available for filing, which was December 10, 2008. Filers who are required to file an actuarial schedule for Plan Year 2008 should not use the 2007 Form 5500 nor the 2007 schedules to meet the filing requirement. Please see the PY 2008 Form 5500 instructions.
Related Questions
- If the plan assets of a one-participant plan are $250,000 or less at the end of the plan year, does the plan need to file Form 5500-EZ?
- Can filers use the Form 5500-SF to file 2008 or prior year delinquent or amended return/reports?
- Can filers request an extension of time to file their Form 5500/Form 5500-EZ?
