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What options does the employer have regarding the redistribution of forfeitures following the plan year end?

April 26, 2017employer forfeitures Options Plan redistribution year

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What options does the employer have regarding the redistribution of forfeitures following the plan year end?

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Forfeitures can be used (directly or indirectly) to fund any employee benefit including, but limited to, premiums, administrative fees, and the equal “seeding” of accounts for all employers whether or not they were previously participation in flex accounts.