stuchainz92
stuchainz92 OP t1_iuj6bh5 wrote
Reply to comment by Dorkus_Mallorkus in Any downsides to employee stock purchase plans? by stuchainz92
You’re right—I may have misunderstood the language. The only mention of a holding period says: the tax consequences to you depend on whether or not you meet the special holding period requirements: two years from the start of the offering and one year from purchase.
stuchainz92 OP t1_iuj5lmd wrote
Reply to comment by Dorkus_Mallorkus in Any downsides to employee stock purchase plans? by stuchainz92
That is a good consideration, thank you! I’ll say I don’t have the budget to do more than ~$100 per paycheck so at least I wouldn’t be losing a ton if it goes south. If it helps offer any insight, the company is stable and growing and in the finance sector.
stuchainz92 OP t1_iuj4vzo wrote
Reply to comment by alexm2816 in Any downsides to employee stock purchase plans? by stuchainz92
Not seeing a holding requirement, just that there are tax implications to selling! It sounds like I can enroll then just sell via Fidelity when the purchase goes through in February. Nice!
stuchainz92 OP t1_iuj77jq wrote
Reply to Any downsides to employee stock purchase plans? by stuchainz92
I will also add that our stock is doing very well and has for the past year. I’m hesitant because I’m not sure how much higher it realistically can go so I’m wondering if I missed my window