article_search

Search Articles:

Product Finder

Search for products that match of these criteria:

 + Add row
Price:

What do you know about ESOPs?

$225.00

SKU: CBAsu132. Category: .

Description

Abstract: This article looks at some of the basics of an ESOP — an employee stock ownership plan. An ESOP is a qualified retirement plan that invests in the bank’s own stock. A bank’s contributions to an ESOP are tax deductible, and a leveraged ESOP can be a highly tax-efficient vehicle for raising capital. Furthermore, an ESOP can be a powerful incentive for attracting, retaining and motivating employees. But there are pros and cons for S and C corporations.

Additional information

Year

Niche

Newsletter

Issue

Word Count