New IRS Guidance Affecting 403(b) Plans: What You Can Now Do When Things Go Wrong with Your 403(b) Plan

June 19, 2013

On June 19, 2013 Morgan Lewis presented part one in our two-part webinar series to discuss how 403(b) plan sponsors may now take advantage of EPCRS to remedy mistakes and avoid plan disqualification in the same way that qualified retirement plans use EPCRS.

Topics discussed in the first webinar included:

  • Revenue Procedure 2013-12 and the newly expanded self-correction procedures addressing certain errors unique to 403(b) plans
  • The IRS 403(b) Plan Fix-It Guide, which describes errors that may be corrected under EPCRS