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Retirement Plan Correction Solution: The Pension Plan Pirate
Ferenczy Benefits Law Center
[Guidance Overview] Oct. 29, 2025 "While VFCP cannot be used to absolve the breaching fiduciary of criminal activity ... an innocent fiduciary may still use this program if they have also reported the crime to the appropriate authorities. If all goes well, and [the innocent fiduciary] successfully completes the VFCP program, [they] will receive a No Action Letter from the DOL stating that it will not initiate an investigation or impose any additional penalties." MORE >> |
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