ESOP
I have a client that has an ESOP with a private company. He is 45 years of age and he would like to realize and cash out his ESOP value by rolling into an IRA. In lieu of having to quit the company for the pay off what other options does he have?
Permalink Submitted by Alan - IRA critic on Mon, 2014-12-29 23:36
He may not have any other options. In service distribution options are determined by each plan, so the plan administrator will have to be consulted or the plan document reviewed: http://www.nceo.org/articles/esop-vesting-distribution-diversification