Some ESOPs permit participants to take a lump sum distribution from their accounts. Some may provide an option for all or a portion of the distribution to be paid in shares of Employer stock.
Posted by Dolores P. Lawrence, CPA, QKA
Nov 15, 2016 1:19:55 PM
Some ESOPs permit participants to take a lump sum distribution from their accounts. Some may provide an option for all or a portion of the distribution to be paid in shares of Employer stock.
Topics: Distributions, Tax Savings
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