Which of the following employee benefit plans can be considered as a special form of profit sharing plans?
A)Employee stock ownership plan
B)Target plan
C)Unit benefit plan
D)Cash balance plan
E)Keogh plans

Question

Quizplus · Accepted Answer

Employee Stock Ownership Plans (ESOPs) are a form of profit-sharing plan where employees receive stock ownership, often at no upfront cost to the employee, aligning their interests with the company's performance.

Which of the Following Employee Benefit Plans Can Be Considered