Correcting Retirement Plan Errors

Plan sponsors may not realize that even small failures can result in devastating cost as a result of the disqualification of a plan sponsor’s retirement plan. Fortunately, the IRS does make available some correction programs which, if used voluntarily and before the errors are caught by the IRS, may allow the sponsor to avoid disqualification.

Document Excerpt:

LinkĀ  Correcting.Failures.EPCRS

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Need Help Correcting Plan Errors?

Contact us for either consultation on how you can Self Correct or to propose cost effective correction methods using VCP. Or contact us to submit under VCP on your behalf or on behalf of your client. Contact us by email.