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DOL EBSA Voluntary Fiduciary Correction (VFC) Program Update

Posted by Marc S. Schechter | Jan 14, 2025 | 0 Comments

The Department of Labor's Employee Benefits Security Administration (EBSA) has updated the Voluntary Fiduciary Correction (VFC) Program under ERISA. Key changes include the addition of self-correction options for certain fiduciary breaches, expanded eligibility for transaction corrections, and simplified administrative requirements...

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