News & Analysis as of

Benefit Plan Sponsors Voluntary Fiduciary Compliance Program (VFCP) Employee Benefits

Jackson Lewis P.C.

Exciting Update: Self-Correction for Delinquent Contributions Now Possible Under the DOL’s VFCP

Jackson Lewis P.C. on

On January 14, 2025, the Employee Benefits Security Administration (EBSA) within the Department of Labor (DOL) updated its Voluntary Fiduciary Compliance Program (VFCP). The VFCP allows plan officials to correct certain...more

Husch Blackwell LLP

New Simplified DOL Rules for Self-Correcting Delinquent Contributions

Husch Blackwell LLP on

On January 14, 2025, the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) announced significant updates to the VFCP. These changes, effective March 17, 2025, introduce a self-correction feature for...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

We may hear of VFCP changes soon

The Department of Labor (DOL) might be releasing changes to its Voluntary Fiduciary Correction Program (VFCP)....more

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