Rachel Faye Smith

Rachel Faye Smith

Morrison & Foerster LLP

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Sorry I’m Late: New Guidance on Late Contributions

Twenty (20!) years after it last issued guidance, the DOL’s Employee Benefits Security Administration has finally released an updated Voluntary Fiduciary Correction Program (VFCP). VFCP is a program that permits retirement...more

1/28/2025  /  Benefit Plan Sponsors , Department of Labor (DOL) , Employee Benefits , Employee Retirement Income Security Act (ERISA) , Enforcement Actions , Fiduciary Duty , Penalties , Reporting Requirements , Retirement Plan , Voluntary Correction Program
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