The Department of Labor (“DOL”) issued a new proposed Voluntary Fiduciary Correction Program (“VFCP”) on November 18, 2022, which should – if finalized – make it easier for fiduciaries to […]
The IRS issued Revenue Procedure 2016-37 (the “Procedure”) at the end of June, which significantly affects individually designed plans (“IDPs”) and has some ramifications for pre approved documents, such as prototypes and […]