ESOP accounts generally hold only employee stock, although employees can diversify up to 25% of their accounts' shares at age 55, increasing to 50% by age 60. Account value: In a 401(k), the value ...

Many ESOP plans allow employees to retire at age 65 and sell back about 20% of their account ... as well as public companies ...

Editor’s note: This is the final part of a six-part series in which Peter Newman, CFA, of Peak Wealth Planning, explains the benefits of employee ownership for the U.S. workforce. There are more ...