Also works really well if your company has an ESPP plan. I did DIK for the first
Time this year with my ESPP shares. If you hold until qualifying long term status, you won't get taxed on any of the gain from the purchase price discount (often 15%) and any appreciation from the difference between offering price and purchase price. Add on any appreciation from the purchase price, especially if your company gets bought out 😉, and you can save a ton in taxes.
Great post. And hopefully many learn from it.
This message has been modified
Originally posted on Jan 11, 2019 at 11:37:23pm
Message parent changed from https://www.cougarboard.com/board/message.html?id=21083207 to https://www.cougarboard.com/board/message.html?id=21083102 by on Jan 11, 2019 at 11:37:41pm
Message modified by Cougar8Duck on Jan 11, 2019 at 11:38:26pm