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August 1, 2018By: Edward C. Renenger and Mark B. RussellPennsylvania Chamber of Business & Industry: Catalyst Q: Why Might an Owner Sell to an …

Any person with discretion over the management or administration of a plan, or who exercises any authority or control over plans assets, is …

ESOPs are not required to invest exclusively in company stock; many ESOPs have substantial investments in cash or other securities. However, ESOPs must …

Yes. Effective January 1, 1998 it became advantageous for an ESOP to be a shareholder of an S corporation under the federal tax …

Step 1 The first step in the process is determining the company’s value, since the ESOP cannot pay more than fair market value …