Increases in Penalty Amounts for Plan Violations
Congress passed the 2015 Inflation Adjustment Act to ensure federal agencies comply with the requirement to adjust penalties each year for inflation. Read More >
Louisville, KY
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Caryn joined RMS in 2013 as a Plan Specialist, and became a Senior Plan Specialist II in 2020. She graduated from the University of Kentucky with a Bachelor’s degree in Finance. She has earned her Qualified 401(k) Administrator designation from the American Society of Pension Professionals & Actuaries. Most of her time at RMS is spent working on defined contribution plan administration and compliance testing. Caryn resides in Louisville with her husband and daughter, and enjoys board games, hiking and traveling.
Congress passed the 2015 Inflation Adjustment Act to ensure federal agencies comply with the requirement to adjust penalties each year for inflation. Read More >
The IRS has made available a pilot program for Form 5500 EZ filers to send in delinquent filings with no penalty. Read More >
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