How do I cash out an ESOP?

Answer Retirement, Death, DisabilityContact your company's Employee Stock Ownership Plan (ESOP) representative--usually within the human resources department but sometimes an outside contractor. You will ... Read More »

Top Q&A For: How do I cash out an ESOP

How do I transfer an ESOP to a 401(k)?

Contact your ESOP (Employee Stock Option Plan) plan administrator to see if your plan permits a transfer to a 401(k). Although the Internal Revenue Service permits ESOP transfers, plan administrato... Read More »

Definition of ESOP?

It seems that every year brings more bad news regarding Social Security benefits and traditional pension plans. Fewer companies offer pensions each year, and some experts project Social Security co... Read More »

How do I uninstall ESOP?

Use UninstallLaunch the uninstall tool found in the Program Files folder for the ESOP software. Select the Uninstall option in the box that appears. Depending on which version of the program is i... Read More »

Is ESOP eligible for rollovers?

Yes. An ESOP or "Employee Share Ownership Program" allows shareholders to rollover, or defer, federal income and capital gains taxes when they sell stock to the program, if the sale satisfies the r... Read More »