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Brown Cafe UPS Forum
UPS Retirement Topics
Changing 401k Contributions and purchasing company stock
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<blockquote data-quote="upschuck" data-source="post: 4747974" data-attributes="member: 49865"><p>By long term, do you mean retirement? If so, definitely through a Roth IRA. That way all dividends and profits are tax free. </p><p></p><p>With ups(Computershare), you have to hold a year, and takes time to sell, where a brokerage house, you can get your money quicker, with no difference in tax liability(dividends and profits), but lose the 5% discount.</p></blockquote><p></p>
[QUOTE="upschuck, post: 4747974, member: 49865"] By long term, do you mean retirement? If so, definitely through a Roth IRA. That way all dividends and profits are tax free. With ups(Computershare), you have to hold a year, and takes time to sell, where a brokerage house, you can get your money quicker, with no difference in tax liability(dividends and profits), but lose the 5% discount. [/QUOTE]
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Changing 401k Contributions and purchasing company stock
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