Business View Magazine - Dec 2023

dollars in terms of retirement savings,” Montaño says. And the numbers certainly do speak for themselves, as ESCA has consistently been able to show policymakers that employee-owners can amass 1.5 to 2 times what they would save in a 401k. When the numbers are combined with the actual experiences that generated them, it demonstrates that employee-owners of S-Corp ESOPs have a clear commitment to their businesses that, in return, reward them with substantial wealth for their retirement. THE CORE BENEFITS OF ESCA MEMBERSHIP The legislative advocacy that ESCA provides its members is undoubtedly invaluable, but complementary to that is the fact ESCAmembership grants companies access to a community that shares the same goal of protecting its benefits as 138 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 12