In a recent article from CNBC quoting a report from Northwestern Mutual’s 2018 Planning and Progress Study, 21% of americans have nothing saved for retirement, and an additional 10% have less than $5,000 saved. That is 31% or 1 in 3 Americans who have $5,000 or less saved for their retirement. Let’s just suppose that these…
For almost 30 years the Employee Ownership community has celebrated October as Employee Ownership Month. Employee Ownership Month is a terrific celebration of the spirit of employee ownership, and an invaluable opportunity to educate employee owners, elected officials, the media, and the public at large about the benefits of employee stock ownership plans (ESOPs). If…
If you are an Indiana resident and would like support the Indiana Center for Employee ownership’s (INCEO) mission of providing education and advocacy to business owners, state and federal legislative members, and Indiana business schools you may do so by providing a donation to INCEO via GuideStar’s partner Network for Good. GuideStar has now partnered…
August 16, the Indiana Center for Employee Ownership joined Tim Garbinksy from the National Center for Employee Ownership, Service Providers, ESOP Companies and prospective ESOP companies for an in-person meeting ESOP Nuts and Bolts: What you need to know about Employee Stock Ownership Plans. Many thanks to BSA LifeStructures, one of Indiana’s newer ESOPS (established…
As reported by Senator Kirsten Gillibrand’s (D-NY) office, the Main Street Employee Ownership Act was officially signed into law today by President Trump as part of the Fiscal Year 2019 National Defense Authorization Act. Final language is attached. Final FY19 NDAA Conference Language for Main Street Employee Ownership Act This is the biggest employee ownership…
The National Center for Employee Ownership (NCEO) published the results from the first phase of an ongoing research project that compares the economic well-being of employee-owners early in their careers with that of other young workers. This survey used the National Longitudinal Survey of Youth (NLSY97) data to compare median wages from income, median years at…