Profit sharing plans are an alternative to ESOPs. In our video, we'll explain some of the differences between ESOPs and profit sharing plans.
Transcript
ESOPs aren't the only form of retirement plan that can buy or sell stock on a ...
[Read more] about Are There Tax Advantaged Alternatives To ESOPs, Such As Profit Sharing Plans?
Resources
Can We Keep An Existing Benefit Plan If An ESOP is Set Up?
A common question is if a company can keep an existing benefit plan if they have an ESOP? Watch our video for the answer.
Transcript
ESOPs are compatible with the entire range of qualified retirement plans. Typically where a ...
[Read more] about Can We Keep An Existing Benefit Plan If An ESOP is Set Up?
Managing Retirement Plan Risk – What Executives, Directors And Business Owners Should Know
Officers, directors and business owners can have personal liability if the company’s retirement plans aren’t properly managed. Do you know who your plan fiduciaries are? Do you know if you’re one of them?
TRANSCRIPT
Speaking of ...
[Read more] about Managing Retirement Plan Risk – What Executives, Directors And Business Owners Should Know
ESOP Tax Deductions Rules
There are tax benefits for ESOPs. In this video, we'll discuss several ESOP tax deductions.
Transcript
The Internal Revenue Code provides several ESOP tax deductions for companies:
First, a company can distribute up to 25% of ...
[Read more] about ESOP Tax Deductions Rules
Can ESOPs Change Their Distribution Rules After It Is Set Up?
Companies should thoughtfully approach any changes to the ESOP's distribution rules after it is set up. Watch this video to learn more about changing distribution rules.
Transcript
As ESOPs mature, as loans are repaid, as shares are ...
[Read more] about Can ESOPs Change Their Distribution Rules After It Is Set Up?
Are ESOP Contributions Fully Tax Deductible?
A common question regarding ESOPs is if ESOP contributions are tax deductible. Watch our video to learn more.
Transcript
ESOP contributions are fully tax deductible whether they are in the form of stock or cash and they are deductible ...
[Read more] about Are ESOP Contributions Fully Tax Deductible?