Back Next
ESOP Retirement Accounts

ESOP Retirement Accounts

ESOPs give employees ownership that grows untaxed in their ESOP Trust account until retirement. Learn how ESOP retirement accounts compare to other types of retirement accounts and empower employees to profit from their own work.

What is an ESOP (Employee Stock Ownership Plan)?

So, what is an ESOP? ESOP stands for “Employee Stock Ownership Plan,” which is technically a type of retirement benefit plan. ESOPs can be a really effective way for business owners to transfer ownership of their business to their employees because they help employees purchase a business without having to spend any money out of…

read more Read more
How do ESOPs work?

How do ESOPs Work?

Employee Stock Ownership Plans, commonly known as ESOPs, represent a unique and powerful model of employee ownership in businesses across the United States and beyond. These plans fundamentally alter how companies are owned and managed, offering a range of benefits to both employees and business owners. To understand how ESOPs work, it's essential to delve…

read more Read more