What is an ESOP?

Learn the basics about Employee Stock Ownership Plans:   What is an ESOP? ESOP Definition: “ESOP” is an acronym that stands for Employee Stock Ownership Plan. Technically, the Plan is operated or administered pursuant to a tax-exempt Trust, referred to as ESOT, Employee Stock Ownership Trust. Accordingly, the Plan is alternatively referred to as the … Continue reading What is an ESOP?