Thoughts on ESPP plans 🐠? Recently joined a tech firm and that’s one of the benefits. Any tax considerations or contribution limits i should know about?

like
Posting as :
works at
You are currently posting as works at

Depend on the rules of your ESPP. But usually, you get a good discount.

Sell it immediately and it’s just going to be income tax. If you hold, it’ll be either short/long term capital gain.

Imo, sell and diversify.

like

Check your purchase rule and purchase price. Ours is the lesser value of 1) offering date or 2) purchase date meaning if the stock goes up, I make a profit + discount and if it goes down, I still get a discount.

like

Correction: if you make the purchase with after tax dollar, no income tax if you sell immediately and no gain/loss on it. Else maybe minor gain/loss.

like

Max the match/discount…

like

Take a look at how the stock has performed in the last few years. If it’s done well and you think it will continue to do well, then the ESPP program is pretty much free money. There are taxes you have to pay, but IMO the ESPP is absolutely worth signing up for.

This is true! Thanks for calling this out. And if you hold and the stock does well, even more $.

like

Related Posts

Has anyone moved abroad to save money? I’m 100% remote with 0 work travel and the idea of living in a place like Medellin, Kyiv, Tblisi, or bouncing around a little sounds fun and would allow me to save more $$$$

like

How do the economics of this city work?

I make ~150K & get 8K per month net.

Assuming I have 3K rent + 1K for (car + insurance) + 1K for (grocery + utilities + misc expenses), I’m left with 3K/month saving which is 36K/yr.

If I decide to buy a 1M house/townhouse/apartment, I’ll need to put down 200K deposit which will take ~5-6 years - IS THIS NORMAL?

like

If your Home Healthcare Agency gets sold to a venture capital group, run, don’t walk away. Especially if you’re a manager.

likehelpful

Thoughts on NIO. I have calls 6-8 months out returning 100% due to the jump this past two weeks. Should I hold on or take the profit? I think they are going to be big soon (trajectory similar to Tesla) specially given population in China, how controlled Covid is, how ahead they are in EV game. The only 2 downsides are it’s state run manufacturing and Tesla competition with Giga Shanghai.

like

Is it normal that in the legal industry you don’t feel like you are a person anymore? 2.5 months working in a firm and now I’m on the brink of breakdown and in doubt of every decision I have ever made to pivot into law. BTW firm does not have health insurance and I can barely afford my rent so therapy is not an option🙃

like

Hi - any good books recommendations for getting started on real estate investing?

like

Workday certified with experience in healthcare industry? We have some great career opportunities. DM me if interested

Over the last three years my mfg company has had a lot of people leave and each time I take on the extra responsibility - from admin, payroll, benefits, compliance, safety, inventory and shipping. I literally do it all. And not only that, but I’ve eliminated and optimized a lot of wasteful processes in order to get it all done. I thought that it would all come with eventual pay increases since it saves the company over 300k in overhead. This whole time I should have been OE. I feel like a fool.

like

Looking to transition out of Healthcare sales into SaaS and would like to get a position with Salesforce, Gartner or even move into the public sector. Just looking for some guidance and advice on anyone who has done this successfully and if you have any contacts that be helpful to learn from.

I am available for Per Diem appearances in New Jersey. DM Me.

What will be the tax for Indian citizen for remote contract job from a US based company. How to reduce the tax legally and is it mandatory to register GST to recieve those funds

like

Hi All,

What is salary someone should expect while moving to European countries (only countries where currency is Euro)? Please suggest.

Aim is to make maximum savings.

like

Anyone doing consulting/digital advisory at Microsoft, preferably with healthcare industry/health products willing to chat? Would appreciate greatly!

like

Company cancelled my AMEX corporate card when I left. Do I lose the points I had on the card? I thought it was a personal card since we always paid the bill.

like

Most of us probably work in HR because we love this job. But what about working in HR do you hate the most?

likehelpful

Anyone from OW willing to talk with a healthcare administrator interested in transitioning into consulting?

like

Having 9.10 YOE as .Net Developer.
CCTC: 14LPA including variable pay. 11 is fixed
Holding offer: 19 lpa cognizant 17.8 is fixed with 50k Bonus. Position is Senior Associate
22lpa Accenture 17.5is fixed and 27percent variable 2.61 Joining Bonus Position is Team Lead Level 9
How do I negotiate with Accenture HR to increase my fixed pay? Currently trying to give more interviews. I want to know what are the benefits they r providing as well. Coz I need childcare facility after the pandemic.

I’m quitting two weeks before my coworkers maternity leave starts. They told me I’d have to cover her work and there’s no way that’s gonna happen. Also I just got into grad school.

likefunny

Client buys property with wife, with intentions for it being an investment property (short term rentals) for four family members. Lender doesn’t allow the transfer to the LLC. I’m thinking a good solution is to rent the property to the LLC and have the LLC open the short term rental accounts. Thoughts or suggestions on this scenario?

like

Hi,

KPMG has mentioned in offer that they shall provide reimbursement for purchase of home computer for 1L once every 3 years

Is this right???

like

More Posts

What do you think would revolutionize financial planning?

like

Looking for a technical co-founder for a tech startup idea. Any recommendations on where I could get matched with someone ? Thanks!

like

Any of y’all do HiTrust? What’s your experience been like? Just got pulled into helping out an engagement.

like

Hi all

Can you please share for YoE 7 years in consulting role...how much I should ask to HR?

Offered role is for Assistant manager

This is for KPMG KGS

like

I'm seriously thinking of changing companies and careers after almost 20 years. I do not dislike where I am. I have many great colleagues there, and know the inner workings quite well. I've had multiple different careers within it.

This is for those who have left a company after 10+ years. Why did you do it? Do you have any regrets? Are you happy with your decision?

like

Hi all,
I am planning to start a product based company in the area of Emerging technologies, along with 2 of my friends....

Is LLP advisable over pvt. Ltd. Company...
Looking forward to learn from personal experiences of the community folks...

like

How do I hold myself accountable for studying? I hate it. Especially because it’s for an exam I just failed.

like

Should I learn SQL? I really have no desire to get into analytics, but so many exits into strategy roles seem to want it. Is this common or have I just had a bad luck finding roles requiring it.

like

I’ve already had cervical cancer (last year) and have been cancer free. Now have a hormone replacement specialist I have to see annually. Yesterday was the visit and she randomly decided to do a breast exam and found a lump. Couldn’t get me in for a diagnostic mammogram until next week. Came home and relapsed - it was not a full-on bender but I drank. How do I not beat myself up and just get up and keep going? Alcohol is the WORST thing for any cancer esp breast cancer. WTF is wrong with me!?

like

I am applying for a job. In the application, there is a question about active security clearance. Can someone tell me what this is? I think my answer should be “never held a clearance” but just wanted to make sure before I submit application.

like

Any Australian based Demandware experts looking for jobs?

like

Planning on 10-14 days in Albania, North Macedonia, Montenegro, and Kosovo. Likely solo. Any highlights for what to see and do or places to stay? I like good food, coffee, architecture and history, and hiking. Just starting out my research and trying to figure out how to structure my trip before going deeper.

like

The Postmaster General is removing USPS boxes in the only 2 democratic locations in the state of Oregon... Eugene and Portland

Post Photo
likefunny

I’m struggling to get ahead in the industry. Is it worth it to get my masters in cinematography to set myself apart?

like

Where Can I check my salary Details for the complete financial year 2021-22 in PwC AC?

What I would be getting next month, how can I check that.
There has been ad hoc hike in January, how can I check updated salary breakup?

I'm a new joiner, Anyone please help.

like

What are some sourcing avenues you will use to hire niche positions?

like

Does anyone teach in class elementary, middle, or high school and also teaches college level? If so, how did you get the college level job? I have a masters and specialist degree and teach in class. I also want to teach college level online but have a hard time either finding a position available or applying. I’m now in the middle of my doctorate degree though it’ll be another year before I’m done.

like

Had anyone given up on getting their cpa?

like

Hello Fishes
Does anyone know what is being checked in the 4th round with ED at Morgan Stanley

like

How many non-equity partners does Kirkland have? 😅

likefunny

Additional Posts in Consulting

Walked into a meeting to more clearly define my new role only to have upper management advocate for its slow removal. Then was asked to make suggestions wtf

like

For once, JUST ONCE, it would be nice to have a hot team member on a project.

like

How hard is it to change your home office location? Had to move away from home for work and looking to get back to where my family and friends are

like

I’m trying to decide if I should go with my husbands or my health insurance plan. After doing a matrix, I know the main thing really is the contracted rates which is really hard to find out. How do

like

If you were to move to another country to do the same job, where would it be and why ?

like
likefunnyuplifting

There a lot of things that I love about the travel and there are a lot of things I love about working remote. The number on thing I love about working remove is having a full fridge of groceries

like

Happy Friday everyone! Stay safe and enjoy the long weekend!

Post Photo
likeuplifting

If MBB and BIG 4 were Avengers:

McKinsey: Ironman. Smartest and richest of bunch..and also the bad boy.
BCG: Captain America. Same intellectual firepower as Ironman..minus the flashiness.
Bain: Spiderman. Young but can pack a punch!
Deloitte: War machine. Tries wayyy too hard to look and feel like Ironman.
PwC: Hawkeye. A little pretentious but in it to win it.
EY: Black widow. No fuss, gets down to business.
KPMG: Rocket. Small and often underestimated..yet can keep up with the rest of them.

likefunny

F&P is real! Changed my ticket to catch an early flight home so I can play in my men's league hockey game which is practically the pros.

like

Is there any book or reference material to better understand value creation in healthcare / life sciences? Ty!

like

Day off tomorrow... what should I do?

like

Who thinks that the consulting business will come to a halt? Oil & Gas, Transportation, Hospitality, Autos, Banking, Retail...these are industries that are facing an existential crisis.

like

Anyone exit consulting to be a Business Analyst at Amazon? Curious how it is since it requires 5+ YOE

like

Will be receiving a formal offer. What should be compared to current job other than salary and if there is a shortfall how is that made up? Common areas: 401k, pension, benefits, pto. What else?

like

I saw a comment on here from someone referencing a book about organisational Psychology and working with different types of personalities, but I can’t find the comment/thread now. Do any of you have recommendations on this topic?

like

To Robinhood traders: is it cheaper to invest in VTI on Robinhood vs. Vanguard or no difference? Trying to understand costs/benefits. FYI, it’s more convenient for me to do it on Robinhoood

like