Did you get Employer Stock ? Here What You Need To Know - TopicsExpress



          

Did you get Employer Stock ? Here What You Need To Know ift.tt/1blmPCu Do you have shares or options on shares of your employer ? If youre like most employees we serve , you can not know what to do with them, or even what the alphabet soup of stock purchase plans are ( SARS , PSU , etc. . ) Used to the right way , buying plans can be a great addition to your salary and retirement portfolio . It is an asset often hidden that employees can use to create an emergency fund , pay off debt , or contribute to an IRA. But used properly , can also increase the risk or exposed to a nasty surprise come tax time . Here are some tips to consider : StockDo you have ... Employerhave an emergency fund ? Know If you do not have sufficient liquidity to cover the equivalent of at least 3-6 months of expenses necessary , this should be your priority. If something were to happen to your business, you might be out of work , while their employer shares and options would be worthless . Stock If you acquired shares option , consider exercising. If you have the same pattern that you can sell , consider doing so. Use the money to build your emergency fund . Employerhave a high interest debt ? Know If the interest on its debt that is likely to win your share of the employer (5-7 % is a reasonable estimate ) , you may want to sell the stock and put the debt to . Stock Correspond to the maximum of your 401 ( k ) ? Know It is unlikely that the purchase of reducing the employer share is as valuable as his party and contribute at least enough to your retirement plan to maximize this game before buying shares of the company . Having too many actions? Stock In general , no stock should be more than 10-15 % of its portfolio.This is especially true of the shares of your employer because your job is already associated with this company . You also need to include it in the context of the allocation of shares of its total portfolio. In both cases, to sell at least enough shares or...
Posted on: Sat, 09 Nov 2013 10:48:43 +0000

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