Retirement plan professionals often refer to forfeiture, suspense and ERISA spending accounts interchangeably. Even though there are similarities, these three types of plan accounts are also quite different in many ways.
In this webcast, we will explore each one and discuss how and when they can be used, and discuss plan design options that preserve maximum flexibility.
- Discuss the differences and similarities between forfeiture, suspense and ERISA spending accounts.
- Describe acceptable uses for these accounts.
- Design plans defensively to preserve as many options as possible.
Speaker: Adam C. Pozek, ERPA, QPA, CPFA, Partner and CFO, DWC – The 401(k) Experts
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