I have an ESOP (employee stock ownership plan) account in a privately held company. We are not allowed to touch the money in the account until retirement age except under exceptional circumstances. I would like to get the money out now, and roll at least some of it over into another retirement account. For one thing, I am not very impressed with the company management, and I am afraid that I will end up in an Enron situation. There is about $35,000 in the account. I have heard of companies that will buy future assets. Has anyone ever heard of such a company and is this a good possible solution to my dilemma? Or can anyone think of another possible solution?Thanks!
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