Employee Plans Compliance Resolution System - More Updates

Benefits and executive compensation partner Heather Bader led a virtual presentation at the American Society of Pension Professionals & Actuaries (ASPPA) Winter Symposium focused on updates to the Employee Plans Compliance Resolution System (EPCRS).

Bader discussed the expanded EPCRS Self-Correction Program, IRS Notice 2023-42, and forthcoming updates to Secure Act 2.0. She also covered specific failures EPCRS programs can correct including plan loans, automatic enrollment failures, and overpayments.