BDO has published an article, “Frequently Asked Questions Related to Employee Stock Ownership Plans (ESOPs),” which discusses the logistics behind an ESOP, and the benefits these kinds of retirement plans can produce. The article begins as follows:
Employee ownership can be an attractive option for owners looking to sell their business while maintaining their legacy and protecting the wellbeing of employees. The following article answers common questions related to the creation, financing, valuation and tax benefits of employee stock ownership plans (ESOPs).
To view the full article, click here: “Frequently Asked Questions Related to Employee Stock Ownership Plans (ESOPs)”
Posted by Elise Kim, Managing Associate Editor, Wealth Strategies Journal.