My employee deferred stock purchase plan
My ups stock keeps going down and as of March22,2015 I had a market value of $22,000. As of today ups stock is a $91.33 with a market value of $17,900. Should I take it out and invest it in something else? Thank you for your time
Terry Says
If it’s a deferred comp plan from your company, you should talk with your HR department about your alternatives. Perhaps there is a money market alternative investment inside the plan.
You may not be able to withdraw while still working for the company — or the plan may allow that.
For sure, if you take it out, you will have to pay a hunk of taxes, so plan for that.
