**Please note time has been extended to 12:45 p.m. to provide more detailed information.
Employee Stock Ownership Plans (ESOPs) are a highly-tax favored, flexible way for business owners to provide for ownership transition. An ESOP allows a company to use its future pre-tax earnings to buy out some or all of an owner's shares, and allow the owner to defer taxation on the gain.
Employees get ownership out of the future profit they generate, not by buying shares directly. An ESOP can preserve business legacy, help to get the seller a fair price, and allows owners to play whatever ongoing role they choose in the company. ESOPs have been highly successful, but they are not for every company.
Join the Rutgers NJ/NY Center for Employee Ownership and speaker Corey Rosen for this informative webinar on Tuesday, March 13th.
Learn how ESOPs work and if they are right for you.