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Reference Site for the Employee Plans Compliance Resolution System (EPCRS)
Internal Revenue Service [IRS] Link to more items from this source
Aug. 22, 2005

Excerpt: The [EPCRS] is a comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of sections 401(a), 403(a), 403(b), 408(k) or 408(p) of the Internal Revenue Code, but which have not met these requirements for a period of time. This system allows plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS[.]  MORE >>

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