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Letter to EBSA on the Voluntary Fiduciary Correction Program (PDF)
American Benefits Council
[Opinion] June 6, 2005
3 pages. Excerpt: [T]he Council recommends that EBSA make certain changes and additions to the program. .... Specifically, the Council recommends that EBSA (1) expand the list of errors covered by the program, (2) seek more coordination with the Internal Revenue Service (IRS), (3) implement a self-correction method similar to the IRS's self-correction program, and (4) make limiting modifications for multiple employer plans.
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