Reallocated forfeitures

Reallocated forfeitures,

Definition of Reallocated forfeitures:

  1. The application of funds left in a retirement plan when an employee leaves an organization before becoming vested in the plan. The forfeited funds may be used to cover plan expenses, or they may be divided among other participants in the plan.

Meaning of Reallocated forfeitures & Reallocated forfeitures Definition