Through Revenue Procedure 2018-52, the Internal Revenue Service (IRS) has recently updated its system of correction programs for retirement plans ...

Republished with permission. The original article, " IRS Updates EPCRS Plan Correction Procedure," first appeared in Employee Relations Law Journal, Summer 2019, Volume 45, Number 1.

The IRS has issued Revenue Procedure (Rev. Proc.) 2021-30, updating its comprehensive system of correction programs for sponsors of retirement plans. The Employee Plans Compliance Resolution System ...

Some plan sponsors, under limited circumstances, may submit requests for voluntary correction to the Internal Revenue Service (IRS) for their 457 (b) retirement plans. In an update on its website the ...

A "plan of correction" has been approved for the Oregon State Hospital.READ MORE | 'Extremely dangerous' escaped OSH patient apprehended after getting stuck in ...

Reference is made to Ensurge Micropower ASA’s (the “Company”) announcement on 2 September 2024 regarding a subscription rights exercise and the issuance of shares under the 2024 Employee ...

In advance of the IRS's procedure update on SECURE 2.0's expanded self-correction under the Employee Plans Compliance Resolution System, the agency has issued interim guidance.

A spokesperson at Maine DHHS said in an email Wednesday morning that Maplecrest nursing home, which had a corrective plan due last Friday, did not meet all of the requirements for approval.

Centralized oversight will increase for what used to be community mental health departments in a seven-county area of West Michigan.

The Michigan Department of Licensing and Regulatory Affairs has approved the correction plan submitted by Detroit Medical Center in response to LARA's findings of deficiencies in DMC's central ...

EBSA final rule: Limited self-correction now allowed for retirement plan errors Both the final rule and the amendments to PTE 2002-51 will take effect on March 17.