Plan Corrections Workshop: Self-correction and SECURE 2.0 Changes

ASPPA [American Society of Pension Professionals & Actuaries]

Speaker: Stephen Forbes, J.D., LL.M., President, Forbes Retirement Plan Consulting

Description: If there is one truth about retirement plans, it is difficult to satisfy all the requirements. Regardless of how careful we are, the rules are too numerous and complicated not to experience an occasional failure. Fortunately, the IRS recognizes that mistakes happen and has provided correction procedure – EPCRS (Rev. Proc. 2021-30). In SECURE 2.0, Congress has mandated the IRS expand the self-correction methods (Notice 2023-43). In this webcast, we will explain (using examples) the correction procedure. In addition, using practical case studies, we will illustrate how to apply the correction methods to resolve some difficult plan failures. (Please see section below Registration/Continuing Education for a full agenda.)

Learning Objectives:

1. Identify plan failures and proper corrections 
2. Provide plan correction alternatives to clients
3. Apply self-correction methods
4. Instruct colleagues on correction approaches
5. Develop correction methods for plan failures

More Information, How to Register