Ronald Cluett Weighs in on ERISA Plan Sponsors in Tax Notes

Tax professionals in the benefits industry have identified some questions that recent IRS guidance on benefit overpayment corrections didn’t answer.

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Ronald G. Cluett of Caplin & Drysdale said that sponsors of ERISA plans will “need to take into consideration the additional rules under section 206(h),” but that guidance from the Labor Department remains forthcoming and will help sponsors “more fully understand their options and obligations with respect to inadvertent benefit overpayments.”

For the full article, please visit Tax Notes’ website (subscription required).