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NIPA Presentation: Late Deferral Deposit Corrections

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Late deferrals are prohibited transactions under ERISA section 406(a) and fiduciary breaches. As far as the Department of Labor is concerned, there’s no such thing as “a little late.” The agency is known for aggressively pursuing late deferral deposits.

On March 22, 2019 EBLG Partner Marcel Weiland spoke to NIPA’s San Joaquin Chapter members on how to use DOL’s Voluntary Fiduciary Correction Program to correct late deferral deposits. Download Marcel’s presentation to learn more.

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