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EFAST2

New Mandatory Electronic Filing Requirement for Form 5500

The following information will affect how you comply with a new Dept. of Labor requirement for your company retirement plan. Effective January 1, 2010, all Form 5500 Annual Returns/Reports of Employee Benefit Plans and all Form 5500-SF Short Form Annual Returns/Reports of Small Employee Benefit Plans and any required schedules and attachments, must be completed and filed electronically.

Step 1: Register for your Signing Credentials with the DOL

Each Plan Sponsor must obtain a Signing Credential with the DOL. Your Signing Credential is your electronic signature in the form of a PIN number. Once obtained it is the responsibility of the plan sponsor to keep your Signing Credential or PIN for your exclusive use to sign IRS forms in the future.

How do you obtain your Signing Credentials?
Click on the Link Below to print our How to Guide.

Benefit Equity's How to Guide - EFAST2 Signing Credentials
REGISTER FOR YOUR SIGNING CREDENTIALS NOW

Step 2: Benefit Equity, Inc. will prepare your Form 5500 for E-filing and notify you via email when you are ready to E-file.

Step 3: Log In to Benefit Equity, Inc.'s EFAST2 Web Client Portal to Review, Print, and E-file your returns.

LOGIN TO EFAST2

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Busy CEO's rarely have time to learn how their 401(k) operates. The job of managing the 401(k) plan is delegated which creates liability for the company officers. Understanding the terminology and the concepts inherent with retirement plans will keep you out of trouble. America's Retirement Plan is designed to tell you what you need to know.

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