How do I collect ESOP funds?

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

Top Q&A For: How do I collect ESOP funds

How long does it take to collect esop?

An employee stock ownership plan (ESOP) is a type of benefits package offered by some employers. According to the National Center for Employee Ownership, an employee must be able to receive maximum... Read More »

When can you start taking out funds from an esop at reduced tax rates?

Distributions from an ESOP received prior to age 59 1/2 are subject to an additional 10 percent excise tax, unless the distribution was made on or after the employee's death, due to a disability or... Read More »

How to Collect on a Check With Insufficient Funds?

Taking checks from customers if you are a supplier or service provider is risky business. If the check is returned for non-sufficient funds, you lose the value of the check plus you must pay a retu... Read More »

Are index funds better than actively managed funds?

On One Hand: Actively Managed Funds Claim to be the MarketManagers of actively managed funds claim they have the skills and experience to beat the market. Investors in actively managed funds believ... Read More »