Fun with Forfeitures

Fun with Forfeitures June 2016 Newsletter Sooner or later, almost all 401(k) plans will face the “fun” of dealing with forfeitures. Just like every other plan-related operational item, there are specific rules that provide guidance on the “who, what, why, when and where” of using forfeitures. What is a forfeiture? Putting it simply, a forfeiture…