Guest Deflector Posted June 6, 2014 Posted June 6, 2014 A client is on the board of a publically traded company and receives stock options. He wants to take his owner only defined contribution plan assets and invest them in those stock options. Is he allows to have those stock options in his own DC plan? If so, are there any restrictions? Does this require a full plan audit or increase fidelity bond? Any help would be appreciated.
rcline46 Posted June 6, 2014 Posted June 6, 2014 How does he get the stock options into his personal plan?
masteff Posted June 6, 2014 Posted June 6, 2014 http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Retirement-Topics---Prohibited-Transactions Kurt Vonnegut: 'To be is to do'-Socrates 'To do is to be'-Jean-Paul Sartre 'Do be do be do'-Frank Sinatra
RayJJohnsonJr Posted July 15, 2014 Posted July 15, 2014 So, Plan participants cannot exercise personally owned stock options using their Plan Investment Account. Can a Plan Investment account be a recipient of the stock options when they are granted?
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now