✉news BusinessBusiness first seen 5 h ago, last 54 min ago, peak #7
Business Groups Back AT&T in 401(k) Forfeiture Appeal
Original: ERIC, Business Groups Back AT&T in 401(k) Forfeiture Appeal
ERIC, the ERISA Industry Committee, joined other business groups in backing AT&T in its appeal over a 401(k) plan forfeiture dispute. The groups are supporting the company's legal position in a case that touches on how employers may handle forfeited retirement plan funds, an issue being watched across the benefits and employer community.
Why now: The outcome could set precedent for how employers nationwide manage 401(k) forfeitures.
AT&TERIC (The ERISA Industry Committee)
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