Correction of 457(b) in VCP?

[Guest mds]

Hello, all. The new EPCRS revenue procedure says that submissions relating to § 457(b) eligible governmental plans will be accepted by the Service on a provisional basis outside of EPCRS through standards that are similar to EPCRS. Yet on the sample VCP forms (Appendix D and F to Rev. Proc. 2008-50), there is a box to check indicating that the plan being submitted is a 457 plan.

Can we correct a 457(b) plan using VCP? Specifically, this would be a non-amender submission using Appendix F.

Any guidance will be much appreciated.

[Guest dietpepsi]

Hi, I'm out on the board looking for something else and ran across this one so I thought I would answer even though it is kind of an old question. There is no RAP on 457 plans so I don't think you would need to file it under EPCRS.