forfeiture account uses

[Guest newport]

i just want to clarify "offset plan expenses". Is there a list of what expenses actually qualify?

For example, can we use this money to pay ERISA attorney fees or Co-Fiduciary fees? I apologize if this is a redundant request but I have searched this forum and the internet for a list of qualifying expenses to no avail.

[rcline46]

Go to the DOL website and search for 'settlor expenses'. There is a FAB directly on point on what a plan can and cannot pay.

[Guest newport]

Go to the DOL website and search for 'settlor expenses'. There is a FAB directly on point on what a plan can and cannot pay.

The field advisory bulletin that I think that you are referring to discusses per rata vs. per capita, unless I am missing something, can you provide a direct link?

Thanks!

[david rigby]

Here is some other DOL guidance.

http://www.dol.gov/ebsa/regs/AOs/settlor_guidance.html

[Guest newport]

Here is some other DOL guidance.

http://www.dol.gov/ebsa/regs/AOs/settlor_guidance.html

Thank you David, that is a great piece