In this video, we discuss the different types of ESOP financing.
Transcript
There are various forms of ESOP financing. First, an ESOP can borrow money directly from a bank to fund a transaction. Second, a corporation can lend money to the ESOP to fund the ...
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How Can a Lawyer Help Me Choose The Right ESOP For My Company?
An attorney can be invaluable as a company decides the right ESOP for its organization.
Transcript
Choosing the right ESOP transaction for your company comes down to balancing the needs, trade-offs, and risks to all parties involved including the corporation, the selling shareholder, ...
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CARES Act Best Practices: Balancing Participants’ Financial Needs With Concern For Long-Term Retirement Savings
Retirement plan providers are rolling out expanded retirement plan distribution and loan options rapidly. Employers and recordkeepers are wrestling with whether notice to participants is required and, if not, what notice should be given. Employers want to take care of employees who are sick, laid ...
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How Can A Company Use Its ESOP To Acquire Another Company?
An ESOP can be a vehicle for acquiring another company. Watch our video to learn more.
Transcript
A lot has been written about using an ESOP as an acquisition vehicle to buy other companies. How that's done depends upon a number of factors such as whether a company sponsoring the ...
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CARES Act – Retirement Plan Loans & Distributions Relief For Employees
The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27th, providing relief for employees in the form of expanded retirement plan loan and distribution options. Here's what plan sponsors should know right now.
In-Service ...
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Your Employee Benefits Plans – What You Need To Think About Right Now
Businesses large and small are hustling to continue operations, manage cash flow and avoid layoffs and terminations if possible. We've been through this before and we're ready to share our employee benefits experience from past economic disruptions.
We're available to provide guidance about ...
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How Can A Code Section 1042 Portfolio Be Invested?
Under Internal Revenue Code Section 1042, eligible shareholders can defer capital gains tax on eligible stock sold to an ESOP if the proceeds of the sale are reinvested in qualified replacement property. Learn more in this video.
Transcript
The Internal Revenue Code requires a ...
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How Are ESOP Benefits Distributed?
ESOP distributions are made in the form of cash or stock. Our video provides more information on how ESOP benefits are distributed.
Transcript
ESOP benefits are distributed either in cash or stock depending upon the design of the plan and the corporation involved. There are ...
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ESOPs Create More Valuable Companies
In this podcast, Kevin Long talks about how participatory management in an Employee Stock Ownership Company can strengthen the company for eventual sale to a third party.
Transcript
If you're thinking about an eventual exit or succession plan for your company, you really should be talking ...
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Confused by the terminology? Check our Glossary of Terms