Miller Law Partner Sharon Almonrode was recently featured in Bloomberg Law for her insights on emerging litigation involving employers’ use of forfeited funds in 401(k) retirement plans.
The article, “Novel 401(k) Plan Forfeiture Usage Rulings Tilt Toward Employers,” examines a developing area of employee benefits litigation and recent court decisions addressing how employers may use forfeited contributions within their retirement plans. As litigation continues to evolve, courts are evaluating the scope of employers’ discretion under plan documents and the requirements imposed by the Employee Retirement Income Security Act (ERISA).
Sharon’s commentary highlights the legal issues at the center of these cases and the significance of recent rulings for employers, plan participants, and the broader employee benefits landscape.
Miller Law continues to monitor developments in ERISA and employee benefits litigation, representing clients in complex matters involving retirement plans, fiduciary duties, and other issues affecting employees and employers alike.