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IRS Proposes Use of Forfeitures to Fund QNECs, QMACs in 401(k) and 401(m) Plans (PDF)
VOYA Financial Link to more items from this source
[Guidance Overview]
Feb. 9, 2017
"If the plan sponsor's existing plan document contains language requiring that QMACs and QNECS be 100% vested when contributed to the plan, a plan amendment will be needed to reflect the new rule.... [F]or some plans a mid-year amendment to permit the use of forfeitures to fund QNECS and QMACs may result in a cut-back of benefits under 411(d)(6)."

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