Business People Applauding

Employee Stock Ownership Plan

(ESOP)

What is an ESOP?


ESOP's are a tax qualified retirement plan governed by ERISA that allows a business owners to sell their stock to the ESOP of which every employee becomes a shareholder. This creates a liquidity event for the business owner to exit the business. Due to many tax incentives created by congress over the years, ESOP's have grown in popularity.