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Release Date: May 19, 2008
Release Number: 08-643-ATL (114)
Contact Name: Michael Wald
Phone Number: 404.562.2076
The workshop will take place from 8:30 a.m. to noon
EDT at the Renaissance Atlanta Downtown Hotel, 590 West Peachtree Street
N.W. One-on-one consultations will be available after the workshop, from
noon to 1 p.m.
EBSA’s Voluntary Fiduciary Correction Program
offers an opportunity for fiduciaries to make changes to 19 eligible
ERISA transactions. Information will be presented on eligibility for
relief of Internal Revenue Service excise taxes and how a fiduciary may
contribute funds to its ERISA-covered plan that would otherwise be owed
in excise tax.
Participants seeking more information or individuals
wishing to register for the workshop should contact Anedra Williams (Williams.Anedra@dol.gov)
or Jennifer Donald (Donald.Jennifer@dol.gov) or fax a request to
404.302.3977. Attendance is limited to 80 registrants.
Employers with problems who are not yet subjects of
EBSA investigations may be eligible to participate in the Voluntary
Fiduciary Correction Program. Participation requires employers to make
workers whole but allows them to avoid EBSA enforcement actions and
civil penalties as well as any applicable excise taxes. For more
information, visit www.dol.gov/ebsa.
Employers and workers can reach EBSA’s Atlanta
Regional Office at 404.302.3900 or toll-free at 866.444.3272 for help
with problems relating to private sector retirement and health plans. In
fiscal year 2007, EBSA achieved monetary results of $1.5 billion related
to pension, 401(k), health and other benefits for millions of American
workers and their families.
U.S. Department of Labor news releases are accessible on the
Department's Newsroom
page. The information in this news release will be made available
in alternate format upon request (large print, Braille, audio tape or
disc) from the COAST office. Please specify which news release when
placing your request at 202.693.7828 or TTY 202.693.7755. The U.S.
Department of Labor is committed to providing America's employers and
employees with easy access to understandable information on how to comply
with its laws and regulations. For more information, please visit the
Department's Compliance
Assistance page.
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