"[The Voluntary Correction Program (VCP)] gives the plan sponsor the opportunity to strategize proposed corrections with some flexibility and creativity, negotiating for a golden IRS stamp of approval at the end.... VCP tips: [1] Be prepared for the worst case scenario ... [2] It's okay to make an aggressive first move ... [3] Have a Plan B (or C or D) ... [4] Ask for a conference with manager.... Anything other than a straightforward correction should be assessed for VCP advantages."  MORE >>