More and Less Expensive Options for Retirement Plan Corrections: New IRS Guidance on EPCRS

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In This Issue:

- Rev. Proc. 2015-27

- Rev. Proc. 2015-28

- For More Information

- Excerpt from Rev. Proc. 2015-27:

Rev. Proc. 2015-27 may be used beginning March 27, 2015 and is effective July 1, 2015. 1. Significant fee reduction for plan loan failures. The new fees (tied to the total number of problem loans, not the total number of plan participants) are...

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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