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Small Businesses Can Set Up Both Entrepreneur Rollover Stock Ownership Plan and Conventional 401(k) Plan
BusinessWeek
Aug. 4, 2008 Excerpt: ['ERSOP'] is a marketing term rather than a federally recognized stock ownership plan. 'This is a plan primarily promoted by one consulting group. It should not be confused with an ESOP (Employee Stock Ownership Plan), which is sanctioned by federal law,' says Corey Rosen, executive director of the National Center for Employee Ownership in Oakland, Calif. MORE >> |
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