John Harras

John Harras

Bond Schoeneck & King PLLC

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Proposed Forfeiture Regulations Provide Clarity and Serve as a Helpful Reminder to Plan Sponsors

The Internal Revenue Service (IRS) has proposed regulations to clarify the permissible uses of plan forfeitures in qualified retirement plans. This memo provides insight into: (1) types of benefit forfeitures permitted in...more

3/28/2023  /  Employee Benefits , Internal Revenue Code (IRC) , IRS , Multiemployer Plan , Retirement Plan
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