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This development is actually an Internal Revenue Service action, not a Department of Labor action. It is the IRS that maintains the Voluntary Correction Program (VCP) under its Employee Plans Compliance Resolution System (EPCRS).
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With raised fiduciary expectations, the health benefits market will move toward more transparent, level-fee structures and fiduciary-aligned advice.
Transparency is becoming the baseline, with visibility into compensation streams and financial relationships increasingly expected rather than optional.
Handing off clients to an e-filing expert can help reduce administrative strain while allowing HR and benefits teams to focus on employee support and plan strategy.
Forward-thinking companies are embracing neurodiversity with benefits that strengthen focus, streamline daily life, and elevate performance for everyone.
Mindful of cumbersome rules and the potential for blended-family feuds, advisers can help take the lead on keeping the peace for benefit plan participants.
