G. Correcting an Excess Benefit Transaction

(1) An excess benefit transaction is corrected by undoing the excess benefit to the

extent possible and taking any additional measures necessary to place the ATEO in a financial position not worse than it would be if the disqualified person were dealing under the highest fiduciary standards. See Section 4958(f)(6) and Treas. Reg. 53.4958-7(a).

(2) In the case of any correction of an excess benefit transaction involving a DAF

described in Section 4958(c)(2), no amount repaid may be held in any DAF. See Section 4958(f)(6).