Employee Stock Ownership Plans (ESOPs) | Practical Law

Employee Stock Ownership Plans (ESOPs) | Practical Law

A Note providing an overview of employee stock ownership plans (ESOPs) under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (Code). An ESOP is a stock bonus plan, or a stock bonus plan combined with a money purchase pension plan, that is designed to invest primarily in "qualifying employer securities" and satisfies other specific requirements set out in ERISA and the Code.

Employee Stock Ownership Plans (ESOPs)

Practical Law Practice Note 7-525-4818 (Approx. 25 pages)

Employee Stock Ownership Plans (ESOPs)

by Andrew L. Oringer, The Wagner Law Group and Michael J. Segal, Wachtell, Lipton, Rosen & Katz, with Practical Law Employee Benefits and Executive Compensation
Maintained • USA (National/Federal)
A Note providing an overview of employee stock ownership plans (ESOPs) under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (Code). An ESOP is a stock bonus plan, or a stock bonus plan combined with a money purchase pension plan, that is designed to invest primarily in "qualifying employer securities" and satisfies other specific requirements set out in ERISA and the Code.