Posts tagged “self-correction”

Expanded Self-Correction Options: A New Era of Flexibility
Congress and regulators ease plan corrections. This is welcome relief.

SECURE 2.0 Guidance Helps Plan Sponsors Clean the Slate
This IRS has issued Notice 2023-43 as regulators begin the job of issuing the guidance needed to implement the provisions of SECURE 2.0. This Notice makes it easier for plan sponsors to correct administrative errors–without the need for IRS filings or penalties. Mistakes Happen–So What to Do? Since 1991 the IRS has had a program […]