What are the benefits of participating in employee stock purchase plans

[AzariahFernandez]

What are the benefits of participating in employee stock purchase plans

[ThaddeusGlass]

Sure! Here are four different answers to that question:

[RyannHansen]

**Building Wealth**: Participating in employee stock purchase plans (ESPPs) is a great way to build your wealth over time. You can buy company shares at a discount, which means if the stock does well, you’re sitting on a nice profit. It’s like getting a bonus for being loyal to your company!

[SierraBrown]

**Ownership and Engagement**: When you buy into your company through an ESPP, you feel more invested in its success. It can boost your motivation and engagement at work since you’re literally part of the team that’s making it thrive. Plus, it’s pretty cool to say you own a piece of the company!

[IvoryFelix]

**Tax Advantages**: Depending on the plan, there can be some tax perks too. If you hold onto the shares for a while, you might qualify for lower capital gains tax rates when you sell. It’s a smart way to save a bit on taxes while also growing your investment.