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IRS Says Lack of Detail Is a Common Error in VCP Submissions
PLANSPONSOR; free registration may be requiredLink to more items from this source
May 18, 2021

"On an updated webpage, the IRS reminds plan sponsors, or their representatives, to make sure their voluntary correction program (VCP) submissions are error-free before submitting them.... [S]ubmissions where the descriptions of operational failures didn't specify the plan sections not followed or the number of participants affected by the failure were not processed."

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