• Is the Employee Stock Ownership Plan. It is similar to a profit sharing plan but, here, only the stock of the employer is purchased with the contributions.
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| ||Employee stock ownership plan|
Profit sharing plan
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| ||Employee stock ownership plan: Abbreviated Esop. A company contributes to a trust fund that buys stock on behalf of employees.|
Getting Your Finances Ready for Your Golden Years: If you're seriously considering retirement, you also should be seriously thinking about how to ensure that your financial life is as comfortable and stress-free as possible. Here are a few tips. More...
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