IF YES: WR CAN ASSIST YOUR CLIENTS IN CORRECTING THIS FAILURE!
The deadline for your clients to restate their 401(k), profit sharing and money purchase plans onto a pre-approved PPA document was April 30, 2016. To ensure these plans stay qualified, WR can assist your clients in updating their plans for PPA by using the Internal Revenue Service’s Voluntary Compliance Program (VCP). WR would work with you and your clients to update their plans as well as prepare the necessary IRS submission forms – all at a reduced rate. DON’T WAIT! Now is the time to ask your clients if their plans are in compliance.
Download the Missed PPA brochure here and contact us for additional details on the VCP procedures.