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Optimizing Retirement Plans with the IRS’s Fresh ‘Fix-It’ Initiative
The SECURE Act 2.0 brings a significant change benefiting employers dealing with retirement plan administration errors. This expansion of the IRS Employee Plans Compliance Resolution System (EPCRS) and its Self-Correction Program (SCP) allows plan sponsors to rectify operational errors without IRS involvement, provided they identify these mistakes before the IRS does. This alteration simplifies the process, acknowledging the complexity and costliness of self-correcting plan errors. Christopher Dall from PNC Institutional Asset Management emphasized the relief this provision brings to plan sponsors, offering an opportunity for rectification with fewer penalties. For more details please visit our website - https://www.hroutlook.com/2023/12/13/optimizing-retirement-plans-with-the-irss-fresh-fix-it-initiative/
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Target State: Florida Target City : Florida City Last Update : Jul 07, 2025 3:08 AM Number of Views: 11	Item Owner : hroutlook Contact Email: Contact Phone: (None)

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Hot-Web-Ads > Communities > News & Events > Item ID 15685754

2025-07-08 (0.805 sec)