HOW ESOPS WORK
Updated 15 days ago
An ESOP is a way to transfer ownership of a company while greatly reducing the tax burden relative to a third-party acquisition. ESOPs were designed with tax benefits in mind for business owners who sell to their employees, which makes it a great estate planning tool, as well. It is also a welcome benefit for employees & executives, but it's different from other retirement accounts...
...a powerful business tool that will help you keep your employees happy, keep your overhead costs low, and keep your company on the path of growth...
Consulting a qualified and experienced ESOP advisor on the benefits and varieties of ESOP plans can be one of the shrewdest business decisions you have ever made.