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Bing, Bang, Bong: The Tax Code Supports Hemp/Cannabis 401(k) Plan
Fisher Broyles via Lexology; registration required Link to more items from this source
May 17, 2019
"The participation of cannabis employees in 401(k) plans ... has not been without its issues, particularly when they engage in activities that constitute criminal trafficking federally, despite being legal at a state level.... At present, many retirement plan service providers ... will not deal with these cannabis companies when, in fact, the Internal Revenue Code provides authority for their 401(k) participation. The reluctance here, however understandable, is unfortunate for the Cannabis and Hemp/CBD Industry."

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