The U.S. Department of Labor (DOL) issued a revised Voluntary Fiduciary Compliance Program (VFCP), a long-awaited update by many in the industry. The most significant change is the introduction of a ...
Plan sponsors of defined contribution plans may now self-correct the delinquent remittance of participant contributions and loan repayments when those amounts are deposited to the plan within 180 days ...
Employers can soon self-correct certain retirement plan contribution errors, thanks to federal regulations published Wednesday. Beginning March 17, employers may use a self-correction tool to “remedy ...