#190 How employer share plans work (deep dive)
Mo Money
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How Employee Share Purchase Plans Work
The employee share purchase plans most commonly have a involve you contributing after tax salary an the percentage amount is calculated on your before tax salary. So if, for example, your salary is a hundred and 80 thousand dollars a year, and you can participate up to ten % of your salary, so ten % of a hundred ad 80 thousand is 18000 dollars a year. That might be the total amount that you can choose to contribute or participate in the plan. And i'll dive into that in a little bit more detail, a in the in one of the future slides. But essentially, ah, yes, that's the high level how it worksou,. You're generally sacrificing your after tax pay
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