With more and more companies now offering employee stock ownership plans, or ESOPs, learning about options trading is becoming very popular. In the article “What to Know About Stock Option Plans Before Making Big Decisions” from Investorguide.com, you can get a basic understanding of how to use your ESOP as a secondary source of income.
Unlike a traditional IRA or 401(k), an ESOP allows employees to make investment contributions towards company stock. One of the reasons employers choose to offer ESOPs is that they allow the employees to earn money when the company does well. ESOPs also have many tax benefits that can be enjoyed by the employer and employee alike.