This is a must attend session if you have clients in the industry or plan to – it will provide a quick primer on the Controlled Substances Act and access to 401(k) plans under the Tax Code and ERISA. The speaker will discuss controlled group issues/discrimination as well as state penalties for cannabis employers who do not have a retirement program.
Describe how cannabis companies operate, their typical structure, and considerations for Multiple Employer and Pooled Employer Plans which will include how to audit these plans.
Describe industry impact on retirement plan service providers who may be reluctant to service cannabis entities.
Discuss payroll and banking hurdles to know about when dealing with these organizations.