An Employee Stock Ownership Plan, also known as ESOP, is the most common form of employee ownership in the United States.
In this episode, Peter Raskin is joined by Rich Glassman, a partner at ESOP Plus. Rich discusses the different implications of ESOPs while explaining how these plans are a “win-win game” for business owners and their employees.
In this episode, you will learn:
- What an ESOP is and how it works
- Why business owners should consider ESOPs, and how it relates to their readiness to exit their business
- The role of taxes when it comes to ESOPs
- How clients can walked away with significant retirement accounts thanks to ESOPs
- And more!
Tune in to learn the benefits of ESOPs for business owners and their employees!