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With my new job I now have access to an ESPP plan. I know the usual thoughts are to participate, get the discount on the shares and then immediately sell. Unfortunately, my plan does not allow me to immediately sell shares. Instead I have a 1 year holding period required. The discount on the shares is 15%, which is considered income to me.

Based on the one year holding period and general risk of holding employer stock I was thinking about passing on this plan for now. Does anyone think it would be wrong to pass on it? Maximum amount to purchase per year is $10K.

Currently fully funding tax advantaged space. Will likely be phased out of Roth IRAs for 2014 but those amounts being funneled into taxable accounts instead (too much in Rollover IRAs to have a backdoor Roth make sense).

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