| ESOP allocation after leaving employment |
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ams
First Time Poster
Cash: $ 0.25
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Joined: 10 Dec 2014
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| ESOP allocation after leaving employment |
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I work for an ESOP company that normally distributes allocations in June for the previous calendar year (so in June 2015 for Jan 1 - Dec 31, 2014).
Assuming I meet all the requirements to receive an allocation in 2014, and the company does indeed make an allocation, would I still receive my allocation if leave employment after Jan 1 2015 but before June 2015?
Thank you.
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Wed Dec 10, 2014 7:06 pm |
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Wino
Senior Member
Cash: $ 113.80
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Joined: 03 Aug 2012
Location: Dubai
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That is a question for HR, but in most cases, the answer is, "No." Usually, you must be employed by the company at the time of the distribution to get your share.
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Wed Dec 10, 2014 9:55 pm |
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