Intel Employee Stock Purchase Plan ESPP Guide

Intel Employee Stock Purchase Plan (ESPP) is a great way to own a piece of the company, and it's available to all Intel employees.

The plan allows you to purchase Intel stock at a discounted price, which can be a smart investment move.

You can purchase up to 500 shares per year, and the purchase price is calculated based on the lower of 85% of the fair market value or 85% of the previous purchase price.

Intel offers a range of employee benefits that can help you manage your finances and achieve your long-term goals.

You can seamlessly coordinate your Intel assets, including your 401(k), BrokerageLink, Retirement Contribution, and SERPLUS, with the rest of your balance sheet. This can help you get a clear picture of your financial situation and make informed decisions about your money.

The Employee Stock Purchase Plan (ESPP) is another fantastic benefit at Intel. You can purchase Intel stock at a discounted price, up to 10% of your earnings, through a payroll deduction.

You can enroll in the ESPP twice a year, in January and July, and take advantage of the 15% discount on Intel stock.

At Intel, you have access to a range of stock options and plans that can help you manage your finances and build wealth. You can seamlessly coordinate your Intel assets, including your 401(k), BrokerageLink, Retirement Contribution, and SERPLUS, with the rest of your balance sheet.

Intel also offers an Employee Stock Purchase Plan (ESPP), which allows you to purchase stock at a discounted price. Twice a year, you can buy up to 10% of your earnings in Intel stock at a 15% discount through a payroll deduction. The enrollment period for this benefit only happens in January and July.

Here's a quick rundown of the Intel ESPP details:

The Employee Stock Purchase Plan (ESPP) at Intel is a fantastic benefit that allows you to buy stock at a discounted price. Twice a year, Intel allows you to buy up to 10% of your earnings in Intel stock at a 15% discount through a payroll deduction.

The enrollment period for this benefit only happens in January and July, so be sure to mark your calendars. You can buy up to 10% of your earnings, which includes base compensation, quarterly profit bonus, annual profit bonus, and commissions.

Here's a breakdown of the enrollment periods and the percentage of earnings you can buy:

It's worth noting that the ESPP can be a great benefit, but it's recommended that you only enroll in the ESPP after you've fully leveraged all of the other benefits listed above.

The Mega Backdoor Roth is a powerful retirement savings strategy. You can contribute up to $23,000 in 2024 on a pre-tax or Roth basis into your 401(k).

If you're age 50 or older, you can contribute an additional $7,500 for a total of $30,500.

Intel will match up to 7% of your salary, which can significantly boost your retirement savings.

A fresh viewpoint: How Much to Contribute to Espp

If you're an Intel employee, you're likely familiar with the Employee Stock Purchase Plan (ESPP), but did you know that Intel also offers a Deferred Compensation Plan, also known as SERPLUS?

This plan is available to Grade Level 10 employees and above, and it allows you to save a significant amount of money on taxes by reducing the amount of your taxable income.

You can defer up to 60% of your base compensation and up to 75% of your bonuses and commissions. This can help reduce your tax bill by thousands in the year you make the deferral.

Here's a breakdown of what you can defer:

Keep in mind that you can only enroll in SERPLUS during your benefits open enrollment period, which occurs in the fall. Don't miss the deadline!

By taking advantage of both the ESPP and SERPLUS, you can create a solid financial foundation for your future.