My company was recently purchased by a larger company and we are in the process of having our benefits transitioned. The company match for my 401k can go into either a preset allocation like my other contributions or it can got into an ESOP.
I'm not sure I understand what an ESOP is, why I would participate in it, and how it is different from a common stock fund. Could anyone offer some clarification?
I would prefer having my match going to my preset allocation unless there is some benefit that I am unaware of for participating in the ESOP.
Submitted May 21, 2019 at 01:31PM by STUPlD_lDlOT http://bit.ly/30zaH0R