ROBS Form 5500 Deadline for June 30 Plan Year Extended to July 15, 2020

On April 9, 2020 the IRS released Notice 2020-23 which among other things extends the Form 5500 filing deadline for ROBS 401k plans (also known as business financing 401k) having a June 30 plan year end date to July 15, 2020.

Notice 2020-23, however, did not extend the Form 5500 filing deadline for ROBS 401k plan or the Form 5500-EZ filing deadline for solo 401k plans having a calendar year-ends. This means that unless the IRS extends the filing deadline, those plans with a calendar year-end date of December 31, 2019 will need to file a Form 5500 or Form 5500-EZ by July 31, 2020.

About Mark Nolan

Each day I speak with energetic entrepreneurs looking to take the plunge into a new venture and small business owners eager to take control of their retirement savings. I am passionate about helping others find their financial independence. Having worked for over 20 years with some of the top retirement account custodian and insurance companies I have a deep and extensive knowledge of the complexities of self-directed 401ks and IRAs as well as retirement plan regulations. Learn more about Mark Nolan and My Solo 401k Financial >>