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American Retirement Association Letter to IRS Requesting Meeting on Revised 5500 Compliance Questions/Instructions (PDF)
American Retirement Association [ARA]
[Opinion] Feb. 23, 2016
"The most recent announcement in which the IRS advised that the questions should not be completed, even on an optional basis, is the latest twist in this saga that has been on going since the draft questions were first released in December of 2014.... Once again, plan sponsors, practitioners and software providers do not know what data should be collected and maintained for a plan year that is underway.... The ARA continues to believe a meeting at which we (and other stakeholders) could explain our concerns would be extremely beneficial to improving the data received and reducing the burdens of collection."
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