The Fix Is In: Common Plan Mistakes |
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Articles from the Retirement News for Employers that present common mistakes that happen in retirement plans.
They describe the problem, how it happened, how to fix it and how to lessen the probability of the problem happening again.
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Another Way to Spell "Relief": E-P-C-R-S
A general sense of which direction you need to go and what you'll need to do in order to get your plan back into the fold of compliance using the Employee Plans Compliance Resolution System (EPCRS).
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Failure to Obtain Spousal Consent
How to fix the problem of failure to obtain spousal consent when a distribution is made to a participant in the form other than the required Qualified Joint and Survivor Annuity.
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Self-Correction Program (SCP)
Insight into the Self-Correction Program which is a correction program for resolving operational failures without any disclosure or payment of fees to the Service.
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Page Last Reviewed or Updated: November 20, 2008