Direct stock purchase plan(DSPP) lets employees purchase shares of their companies with after-tax money. Some companies provide small discounts on the price of the stock as well. Tax-qualified plans are also sometimes offered. Restricted stockgives employees the right to receive shares as a gift ...
If the company offers dividends, DSPP can also offer DRIP which allows investors to reinvest their dividends in the same stocks. DSPP and DRIP are a good combination to enroll in. However, when you compare it to getting a broker, the cons outweigh the pros. DSPP and DRIP will still come...
Direct stock purchase plan(DSPP) lets employees purchase shares of their companies with after-tax money. Some companies provide small discounts on the price of the stock as well. Tax-qualified plans are also sometimes offered. Restricted stockgives employees the right to receive shares as a gift ...