Employee Stock Ownership Plans (ESOPs) are a type of retirement plan that allows employees to own a stake in their company. ESOP plans invest primarily in employer stock, and the value of the plan is tied to the performance of the company. Over time, the value of the employer [...]
Are you worried you have too much in your company ESOP plan? It's important to understand your Lockheed Martin Employee Stock Ownership Plan (ESOP) as part of your overall financial picture. In this article, we will provide insights and practical tips to help you assess and manage your Lockheed [...]
Lockheed ESOP Plan: What is Net Unrealized Appreciation (NUA)? (Note: See January 2020 update in italics below) For many years, Lockheed Martin has rewarded its employees with LMT stock in the company ESOP plan. The longer those employees have worked for the company, the more they've seen that LMT [...]
"Do I have too much in my Lockheed Martin ESOP?" is another common question I get when reviewing 401k statements with clients. Those clients usually fall into two frames of mind: Either "I have no idea and don't have the time to look at it" or "I love Lockheed [...]
