You have choices when it comes to distributing ESOP benefits to participants. Do you distribute shares from the plan that the company immediately redeems from the participant? Or, do you keep the shares in the plan by recycling them among the remaining accounts and distribute cash? This article gives you the tools to make that decision. Learn how each distribution method impacts your company’s tax planning and share value as well as the impact on the ESOP participants. You’ll even learn how you can combine recycling and redemption with other tools to target benefits to senior employees or newer employees.