An ESOP (Employee Stock Ownership Plan) is a qualified retirement plan that allows employees to become partial owners of the company they work for by acquiring shares of its stock. If you own an ESOP, ...

Editor’s note: This is the final part of a six-part series in which Peter Newman, CFA, of Peak Wealth Planning, explains the benefits of employee ownership for the U.S. workforce. There are more than ...

Withdrawals are subject to the ordinary income tax if the contributions were pretax. In an ESOP, distributions are more plan-specific, and often out of the control of the participant. You can probably ...

Retiring from an Employee Stock Ownership Plan (ESOP) company isn’t your typical swan song. You’re not just saying goodbye to the 9-to-5 grind—you’re stepping into the most important financial chapter ...

Editor’s note: This is part two of a six-part series in which Peter Newman, CFA, of Peak Wealth Planning, explains the benefits of employee ownership for the U.S. workforce. There are more than 6,500 ...

It sounds almost too good to be true—getting a paycheck and owning part of the company at the same time. But that’s the general idea behind something called an ESOP. Short for Employee Stock Ownership ...

A first step to understanding an Employee Stock Ownership Plan is learning some key terminology. ESOP (Employee Stock Ownership Plan): A qualified retirement plan that allows employees to own shares ...

Lately, I’ve been grasping around for retirement policies with some bipartisan support. I guess I’m an optimistic guy. One ...