◀ The Principal Blog

Posts tagged ‘Employee Stock Ownership Plans’

Plan Ahead to Avoid Giant Cockroaches

In the 1997 movie, Men in Black, Agent K (played by Tommy Lee Jones) and Agent J (played by Will Smith) saved the universe from an intergalactic terrorist (which looked a lot like a giant cockroach).  During an early exchange with J, K states: “1,500 years ago, everybody knew that the Earth was…

Read more

1974 Was a Good Year

On September 2, 1974 President Gerald Ford signed the Employee Retirement Income Security Act (ERISA) into law.  This landmark bill included provisions creating Employee Stock Ownership Plans (ESOPs).  ESOPs have allowed millions of American workers to experience the benefits of company…

Read more