{"id":7274,"date":"2024-03-20T20:35:43","date_gmt":"2024-03-21T00:35:43","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=7274"},"modified":"2024-03-20T20:35:43","modified_gmt":"2024-03-21T00:35:43","slug":"buying-a-business-what-is-with-the-401k-plan","status":"publish","type":"post","link":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=7274","title":{"rendered":"Buying a business? What is with the 401(k) plan?"},"content":{"rendered":"<p>If you own a business, expanding by buying a competitor goes a long way. Mergers and acquisitions are a huge part of growing a business.<\/p>\n<p>The problem with corporate transactions is dealing with the retirement plan for the company you\u2019re buying. This isn\u2019t an issue if you\u2019re just buying the assets of another business. If you\u2019re buying the stock of another business, you need to protect yourself since a 401(k) plan of the business you\u2019re buying, goes with it. Make sure the merger or stock purchase agreement handles the 401(k) plan and due diligence is needed to make sure the plan that is coming is in good shape.<\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>If you own a business, expanding by buying a competitor goes a long way. Mergers and acquisitions are a huge part of growing a business. The problem with corporate transactions is dealing with the retirement plan for the company you\u2019re &hellip; <a href=\"http:\/\/therosenbaumlawfirm.com\/blog\/?p=7274\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7274"}],"collection":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7274"}],"version-history":[{"count":1,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7274\/revisions"}],"predecessor-version":[{"id":7275,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7274\/revisions\/7275"}],"wp:attachment":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7274"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}