How to Save Money in 2014

on Tuesday, January 28, 2014 in ESOP


This time of year all the talk is about resolutions. Which resolutions are good? Which are bad? Why you should make resolutions? Why you shouldn’t make resolutions? The list goes on and on.

Doesn’t is seem like the list of top resolutions is the same each year? On most people’s list, year after year, is to save money. I know it has been on mine several years in a row.

According to Forbes, only 8% of us will actually achieve our resolutions. But not this year! This year I will save money and so will you if you are an employee owner of TMC. With TMC’s Employee Stock Ownership Plan we are all saving money. It is the easiest resolution you will ever achieve. 

As an employee owner, each year the company is profitable, you will receive an allocation. That money is kept in an account for you. When your employment ends with TMC, you receive all or a portion of the money based on your vesting. Unlike a 401K, you don't have to contribute any of your own money. (We also have a 401K plan.)

So go ahead and check that resolution off your list. We have it taken care of.