For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Compliance March 19, 2013
Regulators Announce Phone Number, Address Changes
March 19, 2013 (PLANSPONSOR.com) – Two regulators announced contact information changes of interest to retirement plan sponsors.
Reported by
Rebecca Moore
The Internal Revenue Service announced a new phone number to check the status of Voluntary Correction Program (VCP) submissions, and the Pension Benefit Guaranty Corporation (PBGC) announced new addresses for its missing participants program.
To inquire about its VCP status, plan sponsors should call (626) 927-2011 and leave a message with:
- the plan name;
- the plan sponsor’s name;
- the plan sponsor’s phone number; and
- the control number listed in the acknowledgment letter (if received).
The acknowledgment letter has been updated with the new phone number.
The new addresses for U.S. Postal Service and other mail delivery services, as well as for wire transfers, can be found on page five of the PBGC’s Missing Participants Filing Instructions.You Might Also Like:
PBGC Makes Coverage Assessments Permanent for Prospective Pension Plans
New program lets employers seek guidance on PBGC insurance coverage before establishing a defined benefit plan.
IRS Proposes Simpler Process for Retirement Rollovers
New guidance would encourage electronic transfers and standardized forms for moving retirement savings between plans.
IRS Proposes Rules for Employer Contributions to Trump Accounts
Treasury plan would allow up to $2,500 in tax-free employer contributions while setting nondiscrimination, reporting and salary-reduction requirements for workplace...
