Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Compass
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Congress' Attempt at Plan Administration Creates Overpayment Conflict
Graydon [Guidance Overview] Jan. 31, 2023 "Section 301 of [SECURE 2.0] addresses correction of plan overpayments and amends sections of both ERISA and the Code. These additions codify the IRS' established correction principles and create new requirements ... [P]lan administrators could find themselves in the position where they are both required to correct a plan overpayment to maintain plan qualification status under the Code, but are prohibited from correcting the same overpayment without breaching their fiduciary duties under ERISA." |
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