Recent changes to Form 5500 highlighted

Employers and plan administrators need a playbook to keep up with evolving employee benefits reporting requirements. Butzel Employee Benefits attorneys will discuss the U.S. Department of Labor’s newest changes to the requirements for Form 5500 filings during a free webinar on Tuesday, October 17, from noon to 10 p.m.  To register online, visit www.butzel.com/events.

Butzel Employee Benefits Team attorneys Lynn McGuire and Nicholas Nahat will provide an overview about changes in SECURE 2.0 and the areas it impacts, including which employers will have to file a Form 5500, which plans will have to be audited, and changes to the way the form will be completed.

McGuire concentrates her practice in the area of employee benefits law and executive compensation. She regularly works with defined benefit pension plans, 401(k), 403(b) and 457(b) and (f) retirement plans, insured and self-insured group health plans, cafeteria plans, health reimbursement arrangements, flexible spending accounts, health savings accounts, qualified transportation fringe benefits, on-site clinics, wellness programs, employee assistance programs, group life insurance, STD, LTD, opt-out cash benefits, pre-tax premiums, and tuition assistance benefits. She frequently advises employers and plan service providers on federal laws affecting employee benefits.

Nahat concentrates his practice in employee benefits law and traditional labor law. He has extensively worked with several administrative agencies such as the IRS, the Department of Labor (DOL), Michigan Employment Relations Commission (MERC), the Equal Employment Opportunity Commission (EEOC), and the National Labor Relations Board (NLRB).