Full Version: Forfeitures
Is there any guidance on what funds the forfeiture account should be invested in. Some of my clients like money market, some leave them in the funds the participant has them in, and some want them in the QDIA? I can't find anything on this.
QUOTE (LCJ12 @ Dec 24 2008, 10:25 AM) 
Is there any guidance on what funds the forfeiture account should be invested in. Some of my clients like money market, some leave them in the funds the participant has them in, and some want them in the QDIA? I can't find anything on this.
We always have them moved to the money market/stable value option. Since they'll be moved soon anyway, no sense in risking a loss.
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