Tag: Voluntary Correction Program

The Department of Labor has extended the public comment period for a program that would allow fiduciaries to self-correct for...

The IRS has begun sending pre-audit letters to plan sponsors whose retirement plans have been selected for upcoming audits, giving...

In announcing a new digital process for self-disclosures and corrections of plan errors, the IRS also says it is currently developing guidance on “other issues relating to the...

The total amount of net plan assets determines the applicable user fee now, not the number of participants.