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IRS Issues Notice Regarding Expansion of EPCRS under SECURE 2.0 Act | Miller Canfield

The SECURE 2.0 Act includes a substantial expansion of the Employee Plans Compliance Resolution System (EPCRS), the IRS umbrella program for correction of retirement plan defects. It. ....

Miller Canfield , Correction Program , Employee Plans Compliance Resolution System , Self Correction Program ,

IRS Issues SECURE 2.0 Guidance on Expanded Availability of Self-Correction | Kilpatrick Townsend & Stockton LLP

The SECURE 2.0 Act of 2022 (“SECURE 2.0”) greatly expands the availability of self-correction of compliance failures involving employer retirement plans and IRAs. On May 25, 2023, the. ....

Correction Program , Employee Plans Compliance Resolution System , Correction Expansion , Voluntary Correction Program , Eligible Inadvertent Failure ,

Jessica N. Agostinho Employee Benefits Lawyer Hunton Andrews Kurth

Jessica N. Agostinho Employee Benefits Attorney Hunton Andrews Kurth Washington, DC including corporate transactions, Tax, health care reform, tax-qualified retirement plans and executive compensation. ....

Correction Program , Internal Revenue Code , Affordable Care Act , Employee Plans Compliance Resolution System , Affordable Care , Fiduciary Correction Program ,

Going to Bat for Hiring a Great Benefit Plan Auditor | Jackson Lewis P.C.

Baseball season has just started, and retirement plan auditing season will soon kick into high gear. Many plan sponsors don’t see the value of a good auditor; they just see the audit as. ....

Correction Program , Employee Plans News , Employee Plans Compliance Resolution System , Voluntary Correction ,

Why Great Benefit Plan Auditors Are Necessary

Retirement plan auditing season starts soon. Many plan sponsors don’t see value of good auditor; they see audit as cost of doing business. These days when a plan sponsor becomes aware of an operational problem in the plan, it’s frequently auditor who discovers it. ....

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