Cannabis 401(k)

401(k) Plan Availability

Cannabis Industry Faces Crucial Deadline for 401(k) Plans

Recent news of imminent changes affecting the 401(k) offerings for the cannabis industry undoubtedly have many businesses on edge. A notable shift in custodial vendors’ coverage offerings has led to many cannabis companies receiving termination notifications of company 401(k) plans, with pressing schedules for removal of funds on June 30, 2024, and July 31, 2024.

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