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SECURE 2.0: Mistakes Happen -- Easier Corrections & Recoupment

Thompson Hine LLP

May 31, 2023
Recorded Online

Our series is designed to dynamically adapt each month to address the latest government guidance, burning questions and implementation challenges. In addition, we’ll share what we are hearing from clients, service providers, the government and other stakeholders while also providing our insights.

nintentional operational errors in retirement plans are practically inevitable in today’s increasingly complex administrative landscape. Thankfully, SECURE 2.0 can provide plan sponsors with some relief in correcting those errors. In this session, we will examine how SECURE 2.0 modifies the Employee Plans Compliance Resolution System (EPCRS), including those provisions relating to inadvertent errors, relief available to retirement plans with automatic enrollment features and modifications to the rules governing recoupment of overpayments.

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