K-t-F Posted June 14, 2004 Posted June 14, 2004 Ok... is this a first? I need some $ to grow my business.... I have a client that has a pension... if he invests in my company would that be a prohibited transaction? If it is pension assets I am sure it will be... but personal $$? Its not easy being green
Guest WellSpring Posted June 16, 2004 Posted June 16, 2004 It sounds like it could be okay, because I am familiar with arrangements where major pensions have taken stakes in their investment managers...but the TPA may be a different story. Definitely ask a lawyer. Don't rely on a bunch of yahoos like me to answer on something as potentially serious as what you're suggesting.
WDIK Posted June 16, 2004 Posted June 16, 2004 a bunch of yahoos I resemble that remark. ...but then again, What Do I Know?
JanetM Posted June 21, 2004 Posted June 21, 2004 That would be "pension weenie" or "ERISA geek" to you...... JanetM CPA, MBA
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