NYSDA Publications

IRS Issues Guidance for Employers on Correcting Retirement Plan Errors

The United States Internal Revenue Service (IRS) has issued guidance for employers on using its retirement plan error correction programs.  The IRS has programs that allow employers to self-correct retirement plan mistakes without involving the IRS and to make easy voluntary corrections with IRS approval.  To read the IRS guidance for employers on using its retirement plan error correction programs, use the link below.