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 »

LifeStrategy Funds vs. Target Retirement Funds?

LifeStrategy funds, offered by Vanguard, and target retirement funds, offered by a number of mutual fund companies, provide two different approaches to investing in mutual funds. They serve differe... Read More »