Everything You've Ever Wanted To Know About ESOP Plan
Vantage Circle
SEPTEMBER 16, 2021
In other words, an ESOP plan is an employee benefit program , somewhat similar to a profit-sharing plan. In an ESOP plan, the employees own these stocks, which are sometimes turned into an individual retirement account. ESOP plans are considered one of the best employee incentive programs as they benefit both companies and employees.
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