Two questions were at the heart of an retirement plan court case involving an ESOP distribution that was decided in 2018:
When is a retirement plan distribution a distribution?Is a retirement plan distribution subject to state law or the federal ...
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Two Truths About Establishing An Equity Compensation Plan That Are Imperative To Its Success
We hear over and over from our clients and referral sources looking for solutions to long-term equity incentive compensation planning, "I'd like to compensate my employees in stock to incentivize them and motivate them to help grow the company." This ...
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The Two Main Takeaways From 2017’s ESOP Conferences
We have a dedicated purpose to maintain and continue to develop our position as thought leaders in the ESOP arena to meet the ever changing and evolving needs of our clients. This is not a static area in which we practice. It's very dynamic and ...
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ESOPs Explained
Employee Stock Ownership Plans (ESOPs) can seem confusing, but they are actually very simple and attractive tools for attracting and retaining top talent, and providing flexibility for business owners.
ESOPs are very similar to profit-sharing ...
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EPCRS Not An Option For Self-Identified Plan Error?
The Employee Plans Compliance Resolution System (EPCRS) is a powerful self-correction tool provided by the IRS, giving plan sponsors the opportunity to right almost any self-identified error under its three component programs. But what about errors ...
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ESOP Tax Benefits: A Brief Overview
ESOPs, like all investment vehicles, have certain tax considerations. We provide the guidance you need to understand ESOP's tax features and benefits, and design your ESOP to best suit the needs of all parties involved. Here are some ways tax law can ...
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