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Accounting & Audit

New eSource Addresses Common Retirement Plan Errors

This new eSource addresses all the common and not-so-common retirement plan blunders and provides step-by-step instructions for making things right again. From overpayments to missed deferrals, from late deferrals to late returns ...

ERISApedia.com has released its latest on-line compliance title, the Plan Corrections eSource.

This new eSource addresses all the common and not-so-common retirement plan blunders and provides step-by-step instructions for making things right again. From overpayments to missed deferrals, from late deferrals to late returns, from self-correction to VCP to audit CAP, this eSource will walk you through the available corrections and offer practical suggestions.

The Plan Corrections eSource is written by Alison J. Cohen, J.D., Ilene H. Ferenczy, J.D., CPC, APA, and S. Derrin Watson, J.D. Collectively, the authors have literally fixed thousands of broken plans and they share the insights that only such experience can garner.

According to Derrin Watson, “mistakes happen. And when it comes to retirement plans, they happen a lot. The complexity of plan terms and designs, the volumes of legal requirements, employer unwillingness or inability to follow clear directions, and our human capacity to mess up guarantee that there will be failures.”

Ilene Ferenczy stated “we included hundreds of examples, many drawn from real cases, to illustrate the issues involved. We also included dozens of practice tips that go beyond the voluminous rules and we have tried to share our experience with our readers.”

ERISApedia.com is the leading provider of compliance resources in the industry. The company provides retirement plan administrators, plan sponsors and attorneys a complete product suite of on-line compliance products as well as it’s highly popular webcast series. These products provide users with easy access to compliance information and important retirement industry materials.

ERISApedia.com provides financial professionals and CPAs working in the Employee Benefit Plan space business development and marketing analysis tools based on the ERISApedia.com proprietary database of benefit plans. This database includes all information derived from the Form 5500 filings and is augmented by proprietary meta data including operational benchmarking.

With a platform that combines robust search capability and a user-friendly interface, ERISApedia.com provides our customers with creative ways to Get Answers and Win Clients.