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About Marcel Weiland

Marcel handles all areas of employee benefits law that impact private sector and nonprofit employers, including ERISA and Internal Revenue Code compliance. Marcel is particularly known for finding creative solutions to correct retirement plan tax qualification and fiduciary issues in the IRS and Department of Labor voluntary correction programs.
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Retirement Plan Participant Loan Errors: Loan Caps And Repayment

In this podcast, Marcel Weiland discusses retirement plan participant loan errors involving IRS rules governing the loan caps and repayment schedule, the potential consequences of a compliance failure to the plan sponsor and employee, and plan correction. TRANSCRIPT Speaking of Benefits, ...
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Plan Failure Can’t Be Fixed In EPCRS? The IRS’s Voluntary Closing Agreement Program May Be Solution

The IRS's Voluntary Closing Agreement program (VCA) is designed to resolve retirement plan problems - in a negotiated settlement - that don't fall under its Employee Plans Compliance Resolutions System. In What Situations Is VCA Appropriate? VCA is appropriate for any situation involving ...
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The Delinquent Filer Voluntary Compliance Program – Over-The-Counter Relief

In 1995, the Department of Labor (DOL) established its Delinquent Filer Voluntary Compliance (DFVC) Program to enable plan sponsors to file all the appropriate returns and to pay reduced penalties. If you have an employee benefit plan for which an annual report should have been filed, but which ...
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The Employee Plans Compliance Resolution System (EPCRS): When Haste DOESN’T Make Waste

I can still hear my mother saying it, "Haste makes waste, Marcel." And it is true in many situations – acting too quickly can cause mistakes that waste time and money. But it isn't always the case with qualified plan failures. In most cases, timely correction of a failure will cost you less money ...
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Before You Throw That Switch – Blackout Period Notice Requirements

In the wake of the Enron situation, Congress passed a law containing blackout period requirements that apply to all defined contribution retirement plans. Blackout periods (times when participants lose control over their accounts) can occur for a number of reasons, but the most common are if the ...
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