EGTRA Provisions Generally Enhance ESOP Attractiveness
February 1, 2003
Robert Reilly, CPA
Robert Schweihs, ASA
Employee stock ownership plans (ESOPs) have been used for almost 30 years as an employee benefit and retirement tool. Since the ERISA legislation in 1974 that originally authorized ESOPs, the legal and taxation structures of ESOPs have continued to evol ...