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Get And Sign Report Form 2018-2021

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Music today we're going to talk a little bit about filing form 5500 specifically form 5500 easy now 5500 ez is the IRS and Department of Labor a filing requirement for single member that's one participant plans that have assets greater than 250 thousand dollars anything below that they are not required to file the form 5500 ez anything above that they're gonna fall under the filing requirements one thing that's very important to note is that when you combine retirement plans and this is significant if you've got a cash balance plan along with the solo 401k if you combine that the requirements say that if the combination of the plans exceeds two hundred and fifty thousand dollars you'll have to file a 5500 easy for each of the plans and so often we see that slip through the cracks for example you might find someone who has a hundred and fifty thousand dollars in a cash balance plan and a hundred and ten thousand dollars in a 401k the combined amounts are two hundred and sixty thousand d

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