1.0Glossaryhttps://www.healthbenefitstimes.com/glossaryGlossaryhttps://www.healthbenefitstimes.com/glossary/author/adminglossary/Employee stock ownership plan - Definition of Employee stock ownership planrich600338<blockquote class="wp-embedded-content" data-secret="TjTCms4YVH"><a href="https://www.healthbenefitstimes.com/glossary/employee-stock-ownership-plan/">Employee stock ownership plan</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.healthbenefitstimes.com/glossary/employee-stock-ownership-plan/embed/#?secret=TjTCms4YVH" width="600" height="338" title="“Employee stock ownership plan” — Glossary" data-secret="TjTCms4YVH" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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A qualified stock bonus or combination money purchase and stock bonus plan designed to invest primarily in employer securities. Specific Internal Revenue Service (IRS) requirements must be met for setting up such a plan.