IRS expands self-correction program for retirement plans
By Milliman Employee Benefits Research Group
13 May 2019
The IRS has expanded the Self-Correction Program (SCP) to enable retirement plan sponsors to more easily fix certain common plan document and operational failures, effective beginning April 19, 2019. Revenue Procedure 2019-19 updates the Employee Plans Compliance Resolution System, which covers the SCP and the Voluntary Correction Program and Audit Closing Agreement Program.
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Milliman Employee Benefits Research Group
IRS expands self-correction program for retirement plans
CAB 19-1: The IRS has expanded the Self-Correction Program to enable retirement plan sponsors to more easily fix certain common plan document and operational failures, effective beginning April 19, 2019.
Milliman Employee Benefits Research Group