Re: Employee Stock Purchase Plan?

On Apr 8, 8:53 am, Bill Woessner <woess...@[EMAIL PROTECTED]
> wrote:

> me spelled it out like this: You can contribute up to 10% of your
> salary toward the plan and you purchase the stock at a 15% discount.

Actually it can be better than this.  One company I was with set the
discount
at the beginning or ending price at each six month period,
whichever was lower..  So in practice it was more like a 25-30%
discount.
So assuming a 30% short term gain hit for fed and state,
you start out free 2% money if you max out.  Thats a free
week's pay.

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