Clorox Files for Dismissal of Complaint Over 401(k) Forfeitures
The company's motion defends the plan's actions, stating that the committee followed IRS guidance and outlined its use of forfeitures...
Tag: retirement plan forfeitures
Complaints Allege Improper Use of 401(k) Plan Forfeitures
Plan fiduciaries were accused of fiduciary breaches for using plan forfeitures to offset future employer contributions, but ERISA experts would...
How Do Maximum Elective Deferrals Work in a 403(b)/457(b) Combination?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
IRS Offers New Rules on Deadline for Using Retirement Forfeitures
The proposal states that plan administrators need to use retirement plan forfeitures within 12 months.
Can Forfeitures Be Used for a One-Time Discretionary Contribution?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.