One provision in the recently enacted SECURE Act provides that required minimum distributions for former plan participants who still have accounts now do not have to start until those participants reach age 72.
The troubled firm WeWork bought the SEO and content marketing company Conductor in 2018 for $120 million. After WeWork announced it would spin off Conductor, the company's founder Seth Besmertnik reported that he—and all 250 of his coworkers—would be the new owners.
Employees are expected to vote soon to approve the sale of New Belgium Brewing (maker of Fat Tire beer and other brands), the fourth-largest craft brewery in the U.S. and the largest ESOP-owned craft brewery, to Lion Little World Beverages, a subsidiary of the Japanese beverage giant Kirin.
Annual elections for the board of directors of the National Center for Employee Ownership (NCEO) will take place in January, and members in good standing are invited to nominate themselves or other members during the nomination window, from now until December 13.