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?
Resources
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 up ...
[Read more] about Are ESOP Contributions Fully Tax Deductible?
Can Employees Be Given the Election to Reinvest Dividends in ESOP Stock in More Shares in the ESOP?
In this video, Kevin Long discusses the dividend reinvestment election for ESOPs.
Transcript
ESOP participants can certainly be given the opportunity to elect to invest ESOP dividends in employer stock within the plan. However, more ...
[Read more] about Can Employees Be Given the Election to Reinvest Dividends in ESOP Stock in More Shares in the ESOP?
The SECURE Act: Immediate and Long Term Impacts on Your 401(k) Plan
The SECURE Act, signed into law in December, immediately impacts 401(k) plans with provisions that became effective January 1st, and other provisions going into effect in later years. Here is an overview of the relevant changes.
Changes Effective ...
[Read more] about The SECURE Act: Immediate and Long Term Impacts on Your 401(k) Plan
A DQ Tale – The Haunting Carryover of a Disqualifying Defect
A special "ChrERISAmas Story” for the benefits of our readers …
Here’s a tale that we heard from the end of 2018. It illustrates how retirement plan operational defects from years ago can cause plan qualification problems today — even if you never ...
[Read more] about A DQ Tale – The Haunting Carryover of a Disqualifying Defect
ESOP Reshuffling – Getting Stock To The “Have Nots”
ESOP reshuffling is a tool you can use to manage your ESOP repurchase obligation and get stock to the so-called ESOP "Have Nots."
Transcript
Speaking of benefits, this is Kevin Long. In this episode, we're going to talk about tools you ...
[Read more] about ESOP Reshuffling – Getting Stock To The “Have Nots”
Confused by the terminology? Check our Glossary of Terms