A company's Section 423 employee stock purchase plan allows employees to purchase shares at a 15% discount at either the end or the beginning of its offering period.
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 Securities and Exchange Board of India (SEBI) has liberalized rules for traded companies to acquire their own shares under employee stock ownership plans. Until now, companies could not make secondary market purchases to buy shares for employee ownership plans through trusts.
In addition to CPE credits (for accountants) and HRCI credits (for human resources personnel), select NCEO seminars and Webinars now offer IRS continuing education credit for enrolled retirement plan agents.
The Portland Press Herald ran a November 24 story titled More Maine construction companies are embracing employee ownership, citing three transactions this year: W
Sen. Kirsten Gillibrand (D-NY) announced that she was running for president, and her announcement video highlights her support for employee ownership and the Main Street Employee Ownership Act at 0:38.
