ERISA – CannaBizCentral

Cannabis and 401(k): An Unexplored Frontier in Retirement Benefits

October 27, 2023October 27, 2023 Editorial Staff Cannabis 401(k), Cannabis Employee Benefits, ERISA

Introduction The cannabis industry is experiencing unprecedented growth and success, yet one area remains largely unexplored: retirement benefits. While companies

401(k) Plan Availability Compliance SECURE Act Strategies

Secure Act 2.0 Auto-Enrollment

April 10, 2023April 10, 2023 Editorial Staff Cannabis 401(k), Compliance, ERISA, Human Resources

The headlines are everywhere: “Secure Act 2.0 Requires Plans to Have Auto-Enrollment.” While the headlines grab your attention, they are

The Internal Revenue Code provides authority for cannabis 401(k) plans

401k Options Employee Benefits

Cannabis 401(k) Plan: How the Tax Code Provides the Authority

April 26, 2020June 2, 2020 Legal Editor 280E, 401(k), cannabis, CBD, controlled group, Department of Labor, DOL, ERISA, hemp, industrial hemp, Internal Revenue Code, IRS, Jewell Lim Esposito, legal cannabis production, marijuana, tax

The Internal Revenue Code expressly permits cannabis employees to participate in a retirement plan just like other, non-cannabis employees.

401k Options Employee Benefits

Cannabis 401(k) Plans: Here’s Where We Stand Now

April 21, 2020November 17, 2022 Editorial Staff 401k options, ERISA

Here’s where we stand re: Cannabis and the 401(k) plans that can provide competitive compensation and retirement savings ability to the 300,000+ employees in the fastest-growing industry in the United States.