Eligibility for Part Time Employees
One of the key updates introduced by the SECURE 2.0 Act is the expanded eligibility for long-term part-time employees...
IRC Section 409(p) Testing – What is it?
My ESOP third party administrator (TPA) is asking me to “please verify whether you have synthetic equity and...
Rehired Employees – What You Need to Know
Turnover is inevitable and in some cases, employees are rehired. How do you treat rehired employees? Will the employee...
Annual ESOP Statements – Carpe Diem
Your annual ESOP statement gives you a terrific opportunity to make the most of employee ownership. Seize it by...
The ESOP Benefit Level
Each ESOP is unique and must consider their own company goals when deciding the appropriate benefit levels. There...
Treasury Shares
Redeeming Calculator_Pen_on_PaperUtilizing a redemption strategy, the company buys previously outstanding shares...
Additional Catch-Up Contributions in 2025
As part of SECURE 2.0 Act, participants ages 60-63 will be permitted to make increased catch-up contributions beginning...
Hurdles for Employee Ownership
After weighing pros and cons, you took the plunge and created an ESOP! Congratulations! This is new and exciting...
What’s the difference between IRC Sections 404 & 415 Compliance Testing?
My administrator just informed me that we have exceeded 415 limits, but I know for a fact our contribution for...