As succession planning becomes a more pressing concern for closely held businesses, Employee Stock Ownership Plans (ESOPs) are increasingly part of the conversation. While not the right fit for every company, ESOPs offer a...more
10/9/2025
/ Acquisitions ,
Business Ownership ,
Business Strategies ,
Business Succession ,
Change in Control ,
Corporate Culture ,
Employee Engagement ,
Employee Incentive Plans ,
Employee Retirement Income Security Act (ERISA) ,
Employee-Ownership ,
ESOP ,
Exit Strategies ,
Fiduciary Duty ,
Retirement Plan ,
Selling a Business ,
Trustees
The Secure Act 2.0 of 2022, enacted in the closing days of 2022, makes a substantial number of changes to tax-qualified retirement plans, most of which are intended to increase plan coverage and retirement savings. Although...more