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IRS Updates Retirement Plans Correction Program
Benefits Bryan Cave 
[Guidance Overview] Jan. 14, 2013 "The biggest news is that 403(b) plans are now eligible for EPCRS. In particular, 403(b) plan sponsors can now use VCP to correct failure to adopt a written 403(b) plan on time. Correction procedures are also provided on an experimental basis for 457(b) plans, primarily for governmental 457(b) plans, in a new program separate from the EPCRS." MORE >> |
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