Correcting Plan Errors

Benefits Practitioner | Plan Participant/Employee | Plan Sponsor/Employer

Retirement Plans Community Topics

IRS Resources

Correcting Plan Errors

The Employee Plans Compliance Resolution System (EPCRS) provides correction programs to keep your retirement plans compliant. The components of EPCRS are:

Revenue Procedure 2008-50 sets forth the current EPCRS.

What’s new in EPCRS?

403(b) plans - errors ineligible for VCP and procedures for organizations with revoked tax-exempt status.

Common Mistakes in VCP Submissions

How to file Nonamender failures under the VCP.

Find Plan Errors
Information and resources on how to find common plan errors so that you can fix them right away.

Fix Plan Errors
How to fix common mistakes in retirement plans: Fix-It Guides; and how to file a VCP Application including fill-in forms (appendices).

Avoid Plan Errors
Tips to avoid common retirement plan errors.

Resources

Frequently Asked Questions (FAQs) on various retirement plan correction programs.
Publication 4224, Retirement Plan Correction Programs .
Other Government Correction Programs for Retirement Plans
Have a Question about your Retirement Plan? Contact us for answers to technical and procedural retirement plan questions.

Page Last Reviewed or Updated: August 09, 2011