Thread: Money 423 Employee Stock Purchase
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Old 01-27-2024, 09:06 AM   #9
notorious notorious is offline
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Quote:
Originally Posted by Buehler445 View Post
https://www.fidelity.com/products/st...0of%20purchase.

423 allows the employee to buy the stock at a discount but the discount isn’t taxable.

The tax shelter is where the qualified plan comes.
Do they put a cap/time span on selling?

I mean, that's a 10-15% profit off the top.
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