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February 23, 2009

Employee Stock Purchase Plan

Your Guide

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Definition

An employer sponsored plan, where employees are allowed to purchase stocks of their  employer with after-tax dollars.

Referring Cite

IRC § 423, IRS Publication 525

Additional Helpful Information

  • Company stocks are usually made available to employees at a 15% discount
  • The company usually define eligibly requirements

Written By

Denise Appleby

Denise is CEO of Appleby Retirement Consulting Inc., a firm that provides IRA resources for financial/ tax/legal professionals. She has over 20 years of experience in the retirement plans field, which includes training and technical consultation.

Denise writes and publishes educational /marketing tools for advisors; available at http://irapublications.com. Denise co-authored several books on IRAs

Denise is a graduate of The John Marshall Law School, where she obtained a Masters of Jurisprudence in Employee Benefits, and has earned 5 professional retirement designations.
She has appeared on numerous media programs, sharing her insights on retirement tax laws.

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