[lesuorac]

I'm still not sure how buying stock in your own company isn't a Prohibited Transaction.

> [1]Prohibited transactions in a qualified plan

> 4. Any of the following acts between the plan and a disqualified person:

> [1] Disqualified person. You are a disqualified person if you are any of the following.

> 8. An officer, a director (or an individual having powers or responsibilities similar to those of officers or directors), a 10% or more shareholder, or a highly compensated employee (earning 10%-or-more of the yearly wages of an employer) of a person described in (3), (4), (5), or (7).

[1]: https://www.irs.gov/publications/p560#en_US_2022_publink1000...

[icantbebothered]

It is, but as we have witnessed for decades, and intensely more so in recent years, the application of the law is inversely proportional to the wealth of the defendant.