(TRENTON) — Assemblyman Troy Singleton (D-Burlington) had the following published Tuesday in the Burlington County Times:
“The banking meltdown of 2008 was a rude awakening for many to take a more direct role in their own financial future.
“There is a rational and time-tested approach that offers a system for people everywhere to better safeguard their savings while adding security and stability to their personal financial life: participating in an employee stock ownership plan.
“Essentially, an ESOP allows employees to have an ownership stake in the company where they are employed. They receive stock ownership, often with no upfront costs…”
To read the rest of Assemblyman Singleton’s op-ed, click here.