diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 46aec201a..8b2131e73 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.4.1
+current_version = 0.4.2
 commit = True
 tag = False
 parse = (?P<major>\d+)\.(?P<minor>\d+)\.(?P<patch>\d+)(\-(?P<release>[a-z]+)(?P<build>\d+))?
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 571a95655..d76a8d057 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -12,16 +12,25 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ### New
 
+### Changes
+
+### Fixes
+
+### Breaks
+
+
+## 0.5.0 - (2022-02-04)
+---
+
+### New
+
 - Add record and schema flattening in Stream Maps ([!236](https://gitlab.com/meltano/sdk/-/merge_requests/236)), 
 
-### Changes
 
 ### Fixes
 
 - Resolve issues when aliasing stream maps using the keywords `__alias__`, `__source__`, or `__else__` ([#301](https://gitlab.com/meltano/sdk/-/issues/301), [#302](https://gitlab.com/meltano/sdk/-/issues/302), [!243](https://gitlab.com/meltano/sdk/-/merge_requests/243))
 
-### Breaks
-
 
 ## 0.4.1 - (2022-01-27)
 ---
diff --git a/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml b/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml
index cfc9d622a..bc6a8482e 100644
--- a/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml
+++ b/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml
@@ -12,7 +12,7 @@ license = "Apache 2.0"
 [tool.poetry.dependencies]
 python = "<3.11,>=3.6.2"
 requests = "^2.25.1"
-singer-sdk = "^0.4.1"
+singer-sdk = "^0.4.2"
 
 [tool.poetry.dev-dependencies]
 pytest = "^6.2.5"
diff --git a/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml b/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml
index 8e32bc03b..9220d8d26 100644
--- a/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml
+++ b/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml
@@ -12,7 +12,7 @@ license = "Apache 2.0"
 [tool.poetry.dependencies]
 python = "<3.11,>=3.6.2"
 requests = "^2.25.1"
-singer-sdk = "^0.4.1"
+singer-sdk = "^0.4.2"
 
 [tool.poetry.dev-dependencies]
 pytest = "^6.2.5"
diff --git a/docs/conf.py b/docs/conf.py
index a80218315..51b9969ec 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -25,7 +25,7 @@
 author = "Meltano Core Team and Contributors"
 
 # The full version, including alpha/beta/rc tags
-release = "0.4.1"
+release = "0.4.2"
 
 
 # -- General configuration ---------------------------------------------------
diff --git a/pyproject.toml b/pyproject.toml
index 3088a6c40..b668987d9 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "singer-sdk"
-version = "0.4.1"
+version = "0.4.2"
 description = "A framework for building Singer taps"
 authors = ["Meltano Team and Contributors"]
 maintainers = ["Meltano Team and Contributors"]