My company stock price is down. Is an ESPP still worth it?
Why you can still benefit from ESPP participation and the tax treatment of shares sold at a loss.
An ESPP (short for Employer Stock Purchase Plan) is a super valuable benefit offered by your company that allows you to purchase your company stock at a discount. With the recent drop in the US stock market however, you might find that the price of your company shares is now below even the discounted purchase price. That may have you wondering if it is worth continuing to participate in the ESPP.
This article explores why you will still benefit from participating in the ESPP and the tax treatment of a sale of shares acquired through an ESPP at a loss.
Read the full article at BrightPlan.