Employee Stock Ownership Plan – Succession Planning Option

An Employee Stock Ownership Plan (ESOP) is a company-funded retirement plan, very similar to a profit sharing plan that holds company stock in accounts for the participants.  An ESOP is a defined contribution plan and contributions are at the discretion of the employer.

Captive Insurance Has Its Advantages and Disadvantages

A captive is an insurance company created and wholly owned by one or more non-insurance companies to ensure the risks of its owners.  Captives are essentially a form of self-insurance whereby the insurer is owned wholly by the insured.  They are typically established to meet the risk-management needs of the owners.

How to Stay Focused at Work

An eight-hour work day can be filled with dozens of distractions. From emails to meetings to coworkers asking you questions, it can feel almost impossible to get everything you need to done. It’s important to remember that staying focused while you’re at work is a matter of building good habits. Below are five ways that… Continue reading How to Stay Focused at Work