Am I ineligible for an employer match in my 401K if I am a highly compensated employee?
Am I ineligible for an employer match in my 401K if I am a highly compensated employee? My employer offers a 2% match in its 401k plan. I contributed the 2% and a few months later my employer contributed the matching amount. Shortly after that I see a deduction from my account as a 'Forfeiture'. When I inquired about it, I was advised, as a highly compensated employee (>$215,000) I don't get the full match due to regulations on ...