MMM Partner Jeff Witt’s latest article, “A Friendly DOL Amicus Brief on Forfeitures,” has been featured in the Retirement Plan edition of the BenefitLinks newsletter.
In the piece, Jeff analyzes the Department of Labor’s recent amicus brief in Hutchins v. HP, Inc., which supports the use of forfeitures to reduce employer contributions when explicitly allowed by plan documents. The article offers clear, actionable guidance for plan sponsors, including best practices for drafting, fiduciary oversight, and maintaining compliance with ERISA standards.
Read more here.
