Qualified correction services.
The CBS retirement plan specialists provide qualified retirement plan correction services under both the Internal Revenue Service (“IRS”) and the Department of Labor (“DOL”) voluntary correction programs. The IRS and the DOL have provided various correction programs in order to encourage plan sponsors to proactively correct qualified retirement plan failures. With this in mind, we have designed our services to minimize your organization’s risk while enhancing the cost-effectiveness of correcting qualified retirement plan failures. CBS can also serve as a partner through IRS and DOL examinations in order to manage the process and reduce the financial and administrative impacts.