ESOP question: they changed the plan after I quit, but still within my 5 yrs threshold This question is for my dad actually. He quit his job in 2018. And he knows he has to wait 5 years and they have one year after that to distribute his ESOP. Thing is, they changed the plan (was effective 2015) and issued a new plan in 2021 whereas they put a limit to the lumpsum distribution amount. My question is, can they legally enforce the …

What to do with ESOP Balance After Leaving Company I am in my mid-30’s and I have an ESOP with an engineering firm that I used to work for, which I left two years ago for another job. Annually, around this time, I get a letter in the mail, which shows my balance (100% vested) in the account, and it gives me four options: transfer the money to an IRA, roll the assets to my current company’s retir…