Sullivan
Microsoft has discontinued support for Internet Explorer. To access the Sullivan website, please install a modern browser like Microsoft Edge or Google Chrome.
EPCRS – Latest Changes and Using the Program
When: May 4, 2022
Location: 2022 ASPPA Spring National Virtual Conference
People: David A. Guadagnoli

David Guadagnoli presented "EPCRS - Latest Changes and Using the Program," at the American Society of Pension Professionals & Actuaries (ASPPA) Spring National Conference.

The Employee Plans Compliance Resolution System (EPCRS) is constantly evolving and 2021 brought important new changes. David provided an overview of the most recent updates and a discussion of common corrections and the evolving nature of the program, including:

  • A longer correction period, expanded use of retroactive amendments, significant overpayment guidance and a shift in anonymous submissions

  • Common corrections, including loan and deferral issues

  • The long view – how EPCRS (and the IRS) have evolved and improved