• yenahmik@lemmy.worldM
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    1 year ago

    It depends on the rules of the plan. Some plans require you hold for a certain amount of time, while others may let you sell immediately.

    When I had employee stock, my philosophy was to sell ASAP and treat the discount as a cash bonus. Since I did not have an allocation for single company stocks in my investment plan, it made the most sense to sell and reinvest that money into VTSAX.

    • Andere@lemmy.ml
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      1 year ago

      I can sell immediately, but it leaves me subject to the highest taxes with the least risk of price change.