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Tag: Employee Stock Purchase Plan

Retirement caution street sign

Employee Stock Ownership (ESOP), Keogh, Money Purchase Retirement Plan

The ESOP retirement plan is commonly practiced in the United States, and it is usually used by employees who are looking to become partners in their company. There is however a rule that govern the allocation of shares, even though each company has its own rule, it is necessary that the shares in an ESOP are allocated to specific employee…