Last year was an extraordinary year for the advocacy efforts of The ESOP Association.  But like most good things, it took the work and resources of many to make it happen.

Welcome to your March Issue of the ESOP Report. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss! 

After several weeks of negotiations and sometimes very public political maneuvering, both the U.S. House of Representatives and the U.S. Senate have chosen their respective leaders and committee structures for the 118th Congress.

Executive Summary

On April 14, 2021, the DOL issued guidance on cybersecurity practices directed at plan sponsors, plan fiduciaries, record keepers, and plan participants. Cybersecurity has emerged as a growing concern in our personal and professional lives.

It has been decades since we have seen the borrowing climate for deals change so sharply as it has recently outside of a recession.

Now ends the 2022 ESOP plan year and so begins a new year.  With this annual cycle comes a myriad of contrasting economic, market, and other considerations that will influence new and existing ESOP valuations.  

Recently, more than 60 volunteer leaders from TEA’s State and Regional Chapter Council (SRCC) journeyed to our nation’s capital for two days of strategic planning meetings at TEA headquarters in preparation for a busy 2023. 

Allowing Loans and Technical Assistance for ESOP Buyouts of Retiring Business Owners

The U.S. Treasury Department has a new program making $10 billion in credit available to all fifty states, U.S.