alanm Posted June 4, 2004 Posted June 4, 2004 I assume by sanctions you mean penalties, which represent a fiduciary breach and should not be paid out of the plan. An aggressive stance would use the forfeiture account to pay penalties.
Guest kerisa Posted June 7, 2004 Posted June 7, 2004 A fair assumption. Is the rationale that the breach & resulting penalty represent settlor expenses?
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