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Author: kalmia11 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25249  
Subject: ESOP Date: 1/23/2002 11:09 PM
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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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