Thanks I must of skipped the percentages when I read it the first time
Max is 15% which is only $4500, that's is close to the take home in option 1
I can tell my wife doesn't like bringing home a near zero pay check every 2 weeks.
But I gave her the option and and she understand the savings on the state income tax
so she decided to do the "max" out 401k thing.
the $4500 max keeps the risk of company stock a little more reasonable.
I think we will do the immediate sale. meaning about $675 pre tax profit
Thanks again
Eligible teammates can purchase XXX
stock twice per year, at the end of a six month
offering period. During the offering
period, you contribute from 1% to 15% of
your pay to the plan (in 1% increments).
You cannot purchase more than $25,000
worth of stock per year,