NIPA is excited to announce that we are now offering a EPCRS certificate course. This new course was developed by Ilene Ferenczy and Alison Cohen from Ferenczy Benefits LawCenter. As a TPA, you know that plan qualification is a difficult thing to maintain due to the extensive, andsometimesexcessive, regulation of qualified plans.The IRS Employee Plans Compliance Resolution System (EPCRS) is the key source for the majority of corrections TPAs need to perform.The New EPCRS certificate course will be a detailed examination of the rules within EPCRS,the procedures for properly evaluatinga discovered failure, guidance on how to correct these failures,andstep-by-step instructions on filing through the Voluntary Correction Program.
NIPA is excited to announce that we are now offering a EPCRS certificate course. This new course was developed by Ilene Ferenczy and Alison Cohen from Ferenczy Benefits Law Center. As a TPA, you know that plan qualification is a difficult thing to maintain due to the extensive, and sometimesexcessive, regulation of qualified plans. The IRS Employee Plans Compliance Resolution System (EPCRS) is the key source for the majority of corrections TPAs need to perform.The New EPCRS certificate course will be a detailed examination of the rules within EPCRS,the procedures for properly evaluating a discovered failure, guidance on how to correct these failures,and step-by-step instructions on filing through the Voluntary Correction Program.
Target Audience
The target audience for this course is a TPA, service provider, or consultant with 2-3 years or more of experience, who seeks a comprehensive understanding of error correction under EPCRS in order to properly advise, guide and support clients in correcting plan failures.
This course is comprised of 12 online lessons and an open-book exam.
- Lesson 1: EPCRS Overview
- Lesson 2: IRS Preferred Correction Methods
- Lesson 3: Self-Corrections
- Lesson 4: Understanding VCP
- Lesson 5: Understanding Audit CAP
- Lesson 6: Earnings under EPCRS
- Lesson 7: Correcting Non-Amender Failures
- Lesson 8: Correcting Eligibility Failures
- Lesson 9: Correcting Compensation Failures
- Lesson 10: Correcting Loan Failures
- Lesson 11: Correcting Distribution Failures
- Lesson 12: VCP Submission Process
- Exam
CPE Credits
Learners must view each lesson and complete the exam with a score of 70% or higher in order to earn NIPA CPE credits and receive a downloadable PDF certificate of completion. Credits will be applied to a NIPA member's account during the membership year in which the course was completed.
Accessing the Course
Learners can pre-purchase this course using a NIPA membership account or guest account and visiting the Learning Center. Log into your member account or create a guest account.
Course Overview
Downloadble PDF handouts for each lesson will be available in the Resources section of this course.
Access to the course will be available for one calendar year, starting on the date the learner launches the course through their profile in NIPA's Learning Center.
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(New) Error Corrections Certificate Course
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