News & Analysis as of

403(b) Plans Voluntary Compliance

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Less than a year to mandatory 403(b) Restatement

With May here, plan sponsors and plan provider may not be aware of an Internal Revenue Service (IRS) deadline that isn’t that far off. All organizations that sponsor 403(b) retirement plans must restate their plan documents...more

Verrill

Revenue Procedure 2019-19: Enhancements to EPCRS are Great News for Plan Sponsors

Verrill on

Newly published Revenue Procedure 2019-19 modifies and supersedes prior IRS guidance regarding the Employee Plans Compliance Resolution System (EPCRS) to allow plan sponsors to self-correct an expanded number of problems that...more

Ballard Spahr LLP

IRS Modifies Voluntary Compliance Program Fees for Qualified Retirement Plans

Ballard Spahr LLP on

The IRS has announced that it has made substantial modifications to the fee structure applicable to voluntary compliance program (VCP) applications for the correction of compliance defects in tax-qualified retirement plans,...more

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