Just Me Posted January 29, 2008 Posted January 29, 2008 A 401(k) Plan's TPA is proposing that dividends allocated to the Company Stock account be used to buy company stock at a discount. Publicly traded company. Has anyone seen this? Issues?
QDROphile Posted January 29, 2008 Posted January 29, 2008 How do you get a discount? The market won't give it to you. The issuer is likely to have some thoughts about new issue at a discount, and think about whether or not the spread would be a disguised contribution.
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