IRS Announces Update to EPCRS
At long last, the IRS has released their much-anticipated updated Employee Plans Compliance Resolution System (“EPCRS”) guidance, that allows, among other things, 403(b) plans to fully participate in the correction opportunities that program provides. Revenue Procedure 2013-12 was released late in the afternoon on New Year’s Eve. The 148-page document provides welcome guidance to 403(b) […]