diff --git a/docs/conf.py b/docs/conf.py
index c12de8eb8..2d71e177f 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -22,8 +22,8 @@
 author = 'Matt Thompson, Alex Yang, Ray Matsumoto, Parashara Shamaprasad, Umesh Timalsina, Co Quach, Ryan S. DeFever, Justin Gilmer'
 
 # The full version, including alpha/beta/rc tags
-version = '0.4.0'
-release = '0.4.0'
+version = '0.5.0'
+release = '0.5.0'
 
 
 # -- General configuration ---------------------------------------------------
diff --git a/gmso/__init__.py b/gmso/__init__.py
index 368cf198c..7ed60b579 100644
--- a/gmso/__init__.py
+++ b/gmso/__init__.py
@@ -17,4 +17,4 @@
 from .core.dihedral_type import DihedralType
 from .core.improper_type import ImproperType
 
-__version__ = "0.4.0"
+__version__ = "0.5.0"
diff --git a/setup.cfg b/setup.cfg
index d7888ec97..1b9201a90 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.4.0
+current_version = 0.5.0
 commit = True
 tag = True
 message = Bump to version {new_version}
@@ -9,15 +9,15 @@ tag_name = {new_version}
 omit = gmso/tests/*
 
 [coverage:report]
-exclude_lines =
+exclude_lines = 
 	pragma: no cover
-
+	
 	def __repr__
 	def __str__
 	except ImportError
 	if 0:
 	if __name__ == .__main__.:
-omit =
+omit = 
 	gmso/tests/*
 
 [bumpversion:file:gmso/__init__.py]
diff --git a/setup.py b/setup.py
index 3313530c6..e6dcb9e6a 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@
 from pathlib import Path
 
 #####################################
-VERSION = "0.4.0"
+VERSION = "0.5.0"
 ISRELEASED = False
 if ISRELEASED:
     __version__ = VERSION