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Pension Protection Act Also Affects ESOPs by Angela M. Bohmann
Leonard, Street and Deinard, Professional Association
Minneapolis Office
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September 15, 2007
Previously published on November 4, 2006
The PPA contains provisions that affect employee stock ownership plans (ESOPs). These changes include new diversification requirements and faster vesting for employer contributions to ESOPs.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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