Series 79: Employee Stock Ownership Plans

Taken from our Series 79 Top-off Online Guide

Employee Stock Ownership Plans

Employee stock ownership plans (ESOPs) are employee benefit plans that invest exclusively in the stock of the employer. Employees may become shareholders through purchase, profit sharing, or stock options, but in most cases shares are given to employees. ESOPs can offer tax benefits to the sponsoring employer and are sometimes used for corporate finance purposes. ESO

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