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February 10, 2009

Company Stock Plans for Free

Filed under: Finance — @ 10:44 am

There is a way that every person in the world can take advantage of the company stock plans without ever having to see one cent of their money disappearing from their paychecks and it is all thanks to the way the money is pulled from the check.

When a worker invests in company stock, up to $10.00 can be invested in pre-tax money without seeing a reduction in total pay. This is due to the fact that the money is pulled from the paycheck before taxes are figured. This way, the taxes subtracted from the paycheck will be less and thus the check total will go unaffected.

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