The North American Companies Council, Inc. (The NACC™) Launches First-of-Its-Kind Cannabis 401(k) Solution [Yahoo! Finance]
NORTH AMER CANNABIS HLDG (USMJ)
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Source: Yahoo! Finance
The NACC PEP is the country's first fully vetted and transparent 401(k) solution for legal cannabis companies. To date, it is the only fully vetted retirement savings option for this industry. Jeff Mayhall, Board Member, The NACC™, said, "Retirement savings is an important benefit for businesses and their employees. The NACC™ wanted to ensure its members had access to a transparent retirement plan solution to ensure the financial wellness of its employees. We have spent years developing a retirement offer that would support the legal cannabis business and I'm proud that we stand in a position to offer this benefit." Shawn West, Founder & ERISA Director of CuraFin Advisors, the PEP's 3(38) investment manager, added, "Our goal was to open the doors for the approximately 500,000 employees who were eager to save for their retirement. This solution eliminates the barriers those employees were facing and allows them to start planning for their future." Pete Swisher, Managing Partner
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