Fixing Retirement Plan Problems
The IRS’s Employee Plans Compliance Resolution System ("EPCRS") is a comprehensive system of correction programs administered by the Employee Plans Division (TE/GE) for sponsors of retirement plans (e.g., 401(k) plans) that have failed to satisfy certain requirements. EPCRS has been updated. Some corrections can be made without any fees or sanctions.Daily tips on legal, tax, financial, and other matters to make you a smarter entrepreneur.
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