Venture capital fund investments
Article Abstract:
Venture capital investments can provide pension plans with attractive investment opportunities, but venture capital fund managers may be subject to the fiduciary duty laws of the Employee Retirement Income Security Act if the fund is not qualified as a venture capital operating company (VCOC). The venture capital fund manager would be considered a fiduciary if fund assets are characterized as plan assets. To qualify as a VCOC, a company must have 50% or more of its assets invested in companies for which it has and exercises management rights.
Publication Name: Journal of Corporate Taxation
Subject: Law
ISSN: 0094-0593
Year: 1995
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Retirement plan investments in company stock
Article Abstract:
Companies that wish to reap the benefits of investing their retirement plan trusts in company stock should be aware of the different strategies for achieving this goal. ERISA allows companies to change profit-sharing retirement plans so that employees can buy company stock in any quantity. Stock bonus plans and leveraged employee stock ownership plans (ESOP) are the main alternatives for carrying out this change. Leveraged ESOPs are preferable because they are more flexible and perform better economically.
Publication Name: Journal of Corporate Taxation
Subject: Law
ISSN: 0094-0593
Year: 1993
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Retirement plan provisions of the Taxpayer Relief Act
Article Abstract:
The Taxpayer Relief Act of 1997 contains a number of provisions affecting retirement plans, 401k plans, and pensions. Various provisions cover 401k plan diversification, matching contributions, full funding limits, nondeductible contribution excise taxes, involuntary cash-outs, anti-alienation, SMMs, SPDs, S corporation ESOPs, and so forth.
Publication Name: Journal of Corporate Taxation
Subject: Law
ISSN: 0094-0593
Year: 1998
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