ESOP

What is a ESOP?
An employee stock ownership plan (ESOP) is an employee benefit plan that provides a company’s workers with an ownership interest in the company. The employer allocates a certain number of shares of the company to each eligible employee; shares are allotted based on pay scale or some other similar form of distribution. Pure ESOP participants issue all of their distributions in the form of their own company stock.​



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                      ESOP






                    

                    
WM Durham Associates LLC nor any of its employees provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material should be regarded as general information.​​