Women on Business
MAY 13, 2023
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HR Digest
MAY 13, 2023
Employee Stock Ownership Plans (ESOPs) and 401(k) plans are both popular retirement savings plans, but there are some key differences between the two. This article compares ESOPs and 401(k)s in terms of funding, investment options, risk, tax benefits, and other factors. It also discusses the pros and cons of each plan so that you can choose the one that is right for you.
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