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View More ASPPA [American Society of Pension Professionals & Actuaries] Webinars, Podcasts and Conferences

Unlocking the 2025 VFCP Update: Understanding the New Self-Correction Component?

ASPPA [American Society of Pension Professionals & Actuaries]

Feb. 19, 2025
On-Demand
Webinar

The Department of Labor released the 2025 update to the Voluntary Fiduciary Correction Program (VFCP) including a new self-correction component, first introduced in the November 2022 proposal. Join Alison J. Cohen, Esq. from Ferenczy Benefits Law Center for a review the new updated VFCP, its provisions, and procedures, and learn:

What are the standard types of violations that can be corrected under VFCP?
What types of violations can use the new self-correction component (SCC)?
How will the SCC work in operation?
Why would a plan sponsor want to use SCC versus a traditional VFCP filing?

More Information, How to Register