Part two is How Does an Employee Stock Ownership Plan, or ESOP, Work? Part three is Five Things Employee Owners Need to Know About Their ESOP. Employee stock ownership plans (ESOPs) empower ...

Part two of the series, about ESOP basics for employees, will arrive Oct. 11. 2021 was the year of the “Great Resignation,” a phenomenon where a significant number of employees voluntarily ...

ESOP transactions in the construction industry are not merely a trend, but a proactive response to addressing critical challenges and seizing unique opportunities within the sector. Many ...

Under ERISA section 3(18)(B), “adequate consideration” for assets without a recognized market, such as closely held employer stock, must reflect the fair market value of the asset, as determined in ...

ESOPs are well thought-out plans to build cohesion and create shared wealth in a company The ESOP buyback schemes have, of late, got an impetus on the back of fast-changing investment scenarios A ...

The DOL also issued a proposed safe harbor exemption for sellers and plan fiduciaries interested in creating a new ESOP that will purchase employer stock as required by ERISA. Both proposals will ...