Plan sponsors can make additional corrections via SCP, rather than VCP, while a “reasonable amount of time” to discover an...

Effective disclosure, SECURE 2.0 and ESG are at the top of EBSA’s short-term agenda, according to EBSA Head Lisa Gomez.

The DOL made a proposal to expand the VFCP in November 2022, and SECURE 2.0 also made changes to IRS...

Among other changes, the agency has introduced two new correction methods for overpayments to DB plan participants or beneficiaries.