How Insurance Brokers Can Help Clients Manage 401(k) Forfeitures Effectively 4 min read
In California, many employers offer a 401(k) retirement plan to their employees. Often, these plans include a vesting schedule—a timetable that determines when employees fully own the employer’s contributions. If an employee leaves before being fully vested, the unvested portion becomes a forfeiture. Managing these forfeitures 401k wisely is important for businesses’ financial health and […]