How to Retire Early with an ESOP: 4 Smart Ways to Avoid the 10% Penalty!

Описание: An Employee Stock Ownership Plan (ESOP) is a great way to accrue value and build wealth for retirement. If you’ve benefited from an ESOP and want to cash out on the earnings you’ve generated to retire early, how do you do that without having to pay the 10 percent penalty?

In this episode, Scott will share four ways to take advantage of that ESOP before age 59.5 while avoiding that early withdrawal penalty that can really eat into your savings.

Here’s some of what we discuss in this episode:
0:00 – Intro
1:59 – Strategy #1 – Save into a Brokerage Account
5:38 – Strategy #2 – Rule of 55
10:29 – Strategy #3 – Rule 72(t)
12:21 – Strategy #4 – Net Unrealized Appreciation

#ESOP #taxplanning #retirementplanning

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