What are the benefits of an ESOP?
There are a number of benefits to creating an ESOP for the selling shareholder, the company and the employees, including: Higher employee productivity and job satisfaction Tax benefits for seller, company and employees Succession strategy Additional source of capital to fund acquisitions or other company projects. Return to Top What are the tax advantages of an ESOP? ESOPS are appealing to businesses because they provide tax advantages. The business owner who is selling shares can defer capital gains taxes. The employees who participate are not taxed on the shares allocated to their accounts until they receive distribution. And the company making annual debt service payments on the ESOP loan is allowed to deduct both principal and interest. Return to Top What is a continuing care retirement community? Continuing care retirement communities (CCRC) provide an independent yet nurturing living environment for seniors. As seniors age, these communities provide higher levels of care and supp
