In February, the IRS proposed changes to forfeiture rules for defined benefit and defined contribution plans. The comment period has now ended, and the changes should be finalized soon.
Supreme Court Agrees to Review IBM Stock-Drop Decision: In Retirement Plans Committee of IBM v. Jander, No. 18-1165 U.S. (certiorari granted June 3, 2019), the U.S.
As an ESOP matures, the company may want to change the form and/or timing of its distribution rules. There are three issues that need to be considered when doing this:
ESOPs and (to a lesser extent) worker cooperatives remain the principal ways employees become owners in closely held companies, but three recent trends have created alternative paths.
