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Retirement Plan › Internal Revenue Service › Revenue Procedure 2015-27

BCLP

IRS Overhauls the Retirement Plan Correction Program

BCLP on

With the looming end of the determination letter program as we know it, the IRS has issued an updated Revenue Procedure for the Employee Plans Compliance Resolutions System (EPCRS). Released on September 29, 2016, Rev. Proc....more

Franczek P.C.

IRS Modifies its Voluntary Retirement Plan Correction Procedures (EPCRS)

Franczek P.C. on

Under the IRS’s Employee Plans Compliance Resolution System (EPCRS), retirement plan sponsors may voluntarily request that the IRS approve certain corrections to a variety of plan administration errors before those errors are...more

Eversheds Sutherland (US) LLP

IRS Issues Updates to Employee Plans Compliance Resolution System

Eversheds Sutherland (US) LLP on

In recent weeks, the IRS has issued two updates to its Employee Plans Compliance Resolution System (EPCRS). EPCRS allows plan sponsors to correct many documentary and operational errors that otherwise might jeopardize a...more

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