Jul 18, 2023 · The proposed regulations clarify that all defined contribution plans (including money purchase plans) may use forfeitures either to: Pay plan ...
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People also ask
Why is there a forfeiture in my 401k?
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This article provides answers to some of the more common questions regarding the timing and use of retirement plan forfeitures.
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Jan 12, 2024 · The good news is that the U.S. Treasury Department has issued proposed regulations that may provide more guidance on the timing and use of ...
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Sep 6, 2023 · The proposed regulations require that plan documents state how forfeitures can be used for one or more of the following purposes: To pay plan ...
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