How do we avoid and correct errors?

Avoiding and Correcting Errors

The best way to avoid errors is to complete the Retirement Plan section of the Benefits Tune-up Workbook. If you haven't completed it yet, you'll want to start there. It's a great way to minimize the chance of mistakes - or at least to catch them while they are small and easy to fix. (you may find a listing of some common errors here)


What if you discover that an operational error has been made?

Report the error to Our Retirement Plan Employer Liaison can answer your questions and companion you through the process of fixing errors using resources such as the IRS' Fix-It Guide. The objective of the process is to make any impacted employees (and former employees) whole, in other words, to put them in the financial situation they would have been in had the error not been made.