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PBGC filing deadline change for small plans
For calendar year plans – due date is now October 15th
Do you or any of your clients have a small defined benefit or cash balance plan (under 100 participants) covered by the Pension Benefit Guaranty Corporation (“PBGC”)? If so, we wanted to remind you that the filing deadline has recently changed to be 9.5 months after the beginning of the plan year (e.g., October 15th for calendar year plans).
We encourage you to review your plans or those of your clients to ensure that you meet this deadline in a timely fashion to avoid any penalties & interest.