Advice please... I've shares in my employer's company already. I bought them through my broker years ago and I'm happy in keeping them.
Now my employer is proposing to me a very good Employee Share Purchase Plan (ESSP). As part of the terms for such plan after a number of years the agent can sell shares on my behalf. The problem is that the FIFO rule on disposing of shares would mess up with my existing portfolio of shares.
Can the ESSP be considered as a separate pool than my own portfolio and so for the same company the FIFO rule won't apply? Thank you so much for any advice...
Now my employer is proposing to me a very good Employee Share Purchase Plan (ESSP). As part of the terms for such plan after a number of years the agent can sell shares on my behalf. The problem is that the FIFO rule on disposing of shares would mess up with my existing portfolio of shares.
Can the ESSP be considered as a separate pool than my own portfolio and so for the same company the FIFO rule won't apply? Thank you so much for any advice...
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