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DOL Voluntary Correction Programs

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DOL Voluntary Correction Programs
Presented by Jane E. Armstrong, Esq., of Phelps Dunbar, L.L.P.
Original Presentation Date: Wednesday, June 20, 2012
Continuing Education Credits: 2 NIPA CPE

The Department of Labor’s (DOL) Voluntary Fiduciary Correction Program (VFC) and Delinquent Filer Voluntary Compliance Program (DFVC) area couple of the self-correction options that provide plan sponsors withopportunities to address problems in a plan administration short of an actual plan audit. This session will not only review how to use the DOL Voluntary Correction programs, but you will also learn: 
  • Specific tips for submitting applications
  • The common filing deficiencies that can delay the process 
  • What can be done when a plan has received notices or is already in audit
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