To register for Relius Education seminars and conferences, please login or register for a new login account before proceeding. For more information, please see the Benefits of a Relius User Login Account. For assistance, please contact Client Services at 800-326-7235, and select Option 6.

EPCRS 2019: What’s New and Different? [2019]
Presentor: David Schultz Recorded Date: 7/9/2019 Duration: 60 Min.


The 2018 and 2019 versions of the Employee Plans Compliance Resolution System incorporated significant changes to the plan correction program in terms of the types of failures that may be self-corrected and the process for filing under VCP. This special 60 minute program will bring you up to date on the key changes in EPCRS over the last couple years.

Topics include:
  • Effective dates
  • 2018 and 2019 changes
  • VCP Fee Structure and treatment as User Fees
  • website requirement for VCP
  • Self-correction of certain loan failures
  • Self-correction of certain amendment/document failures
  • Changes to Audit CAP sanctions
  • Changes to Favorable Letter requirement for self-correction
  • Elimination of determination letter submission on VCP submission

There are no prerequisites or other advanced preparation for this program. Attendees should have a general familiarity with the Employee Plans Compliance Resolution System, and a minimum of two years of experience in working with qualified plans.

Level: Intermediate
Instructional Delivery Method
Group – Internet-Based

NASBA Field of Study: Taxes

Speaker: David Schultz, J.D.

Objectives: After attending the seminar, you should be able to:

  • List the major changes in EPCRS
  • Advise a client regarding the risks of various correction choices
  • Explain the types of participant loan failures that may be self-corrected under the new procedures
  • Locate VCP forms and fees
  • Determine the new required method for completing a VCP submission

All ownership and intellectual property rights in and relating to this website and all of its contents or any copies thereof, including but not limited to copyrights, logos, trademarks, service marks, design, text, videos, sound recordings, images, links, graphics, code, concepts and themes are owned by FIS and/or its subsidiaries (collectively "FIS") or used under authorized license by FIS. Any recording, reproduction, transmission, distribution, publication, performance, broadcast, hyperlink, creation of derivative works or other use in whole or in part in any manner without the prior written consent of FIS is expressly prohibited. Without the prior written consent of FIS, you shall not insert a hyperlink to this website or any part thereof on any other website or "mirror" or frame this website, any part thereof, or any information or materials contained in this website on any other server, website or webpage.