January 16, 2025
If you’re thinking about offering ESOPs to your employees, you might find them appealing because of the way they can help reward those employees who helped you build your business. After all, an ESOP is an aspect of an employee’s retirement plan, and like other tax-advantaged retirement accounts, your employees won’t owe taxes on any money in their ESOP account until money is withdrawn, making it an enticing benefit in the eyes of employees as well.
Employee Benefits · September 16, 2024
An employee stock ownership plan creates a well-defined structure in which your employees gain stock ownership. It also helps you with your financial goals, including a better alignment between your and your staff's financial goals.