Quote:
Originally Posted by Holladay
Understood. She is going 5% 401k, 5% stock purchase. She went with the non 423 thus is like a regular acct with no tax shelter. I think she will change that to the qualified version.
When I read the 25 page legalize document, it seems to be at least a year to sell. Seems about right, thus incurring only LT cap gains. Guessing some sort of penalty if sold before one year.
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It might be a vesting situation.
As long as she's not looking to sell them, I'd go with the qualified plan. Getting the discount is an automatic return - much like a 401K match.