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Vesting Schedule


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401(k) plan has been in existence for 6+ years and the intention and participant communications is to have a 7 year vesting schedule. The plan as adopted reflects a 6 year vesting schedule. Curently tha plan is going through a conversion to another TPA. Do all prior forfeitures need to be re-calculated with interest? Does the IRS need to be involved? I am not of the amounts or number of affected participants.

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