Plan Corrections
Mistakes happen. Plan administrators and sponsors are human. With all the complicated rules, incidences of non-compliance are inevitable, even with the most diligent of administration and oversight. We understand that it is how you address those errors that makes all the difference. In addition to commonsense corrections of general application, our attorneys are versed in the benefits and limitations of available government correction programs, including:
See our article on Changes to EPCRS Enacted in Secure 2.0, published in Bloomberg Law’s Professional Perspectives in April 2023.
See our article on Interim IRS Guidance on Self-Correction Expansion Under SECURE 2.0, published in Bloomberg Law’s Professional Perspectives in October 2023.
