Archimage Posted January 7, 2004 Posted January 7, 2004 What happens to forfeitures left over after a cafeteria plan has terminated and all expenses are paid?
Archimage Posted January 13, 2004 Author Posted January 13, 2004 I have been trying to find some guidance on this and I finally found 1.125-2, Q/A-7(b)(7). It says premiums can be refunded to premium payers.
Guest kwong98 Posted January 14, 2004 Posted January 14, 2004 The forfeiture money is sent back to the client. They can use the money left over for administrative costs.
Archimage Posted January 14, 2004 Author Posted January 14, 2004 My original post says that all costs had been paid for.
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