The ESOP Association
ESOP Association Resources
Mar. 01
Des Moines Iowa, March 1, 2022 –Today Iowa Governor Kim Reynolds returned to Library Binding Services (LBS Inc.), a 100% employee-owned business, to sign into law legislation to eliminate state taxes on retirement income, including taxes on Employee Stock Ownership Plans (ESOP) distributions. This important change has the power to motivate more Iowa business owners to sell their businesses to their employees as a business succession plan.
Chapter News, Resource
May. 31
Chapter ESOP Company of the Year; summary of H.R. 2092.
Resource, ESOP Report, Legal Update, Ownership Advantage, Washington Report
May. 01
Large, high-energy crowd shares the love for ESOPs at the 2017 Annual Conference.
Sep. 13
1981 tax law changes include a special level of new tax deductible contributions of 25 percent of pay, plus interest, for leveraged ESOPs.