Find what you need to operate a retirement plan and keep it in compliance with the law. Recent Developments Changes to guidance, law and procedures that affect employee plans. COLA Increases for Dollar Limitations on Benefits and Contributions The amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. The IRS also issued technical guidance regarding all of the cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2023. Form 5300 Electronic Submission The IRS revised Form 5300, Application for Determination for Employee Benefit Plan, and its instructions, to submit the form electronically. For more information see the July 14, 2022 newsletter. Subscribe to Updates Correct Plan Errors You can fix most errors without contacting us. Correct Plan Errors Form 5500 Filing You must report information on the retirement plan each year. File Form 5500 Apply for a Letter Check if you can apply for a determination or opinion letter. Apply for a Letter Plan Types Resources to operate a specific retirement plan. SEP | 401(K) | SIMPLE | All Plans Small Businesses If you sponsor a plan, you must keep it in compliance. Operate and maintain your plan Examinations How to prevent or get help with an examination. Examinations and Enforcement IRS Guidance Published Guidance for Retirement Plans Minimum Present Value Segment Rates Actuarial Tables Interest Rate Tables Forms Retirement Plan Forms and Publications News and Education NewsWebinarsAnnual Priority and Program Letters Topic Index Retirement Plan Topic Index A-Z
