Aug 20, 2024
Understanding the IRS's Proposed Regulations on Forfeitures in Defined Contribution Plans
The Internal Revenue Service (IRS) issued proposed regulations, effective for defined contribution plan years beginning on or after January 1, 2024, clarifying the timing and usage of forfeitures. The Internal Revenue Service (IRS) issued proposed regulations, effective for defined contribution plan years beginning on or after January 1, 2024, clarifying the timing and usage of forfeitures.
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