St. Clown
Ideas Posted are Likely Not My Own
Re: TRP: These Ides Have Seen A Lot Of Loves...
I worked ERISA plan management for US Bank back in the day. We saw a lot of companies require employer-sourced contributions required company stock fund purchases. Some had rules that allowed employees to diversify out of the stock fund after the fact, but that was a mixed back.
This is not always controllable, however, as some companies require any matching contributions and/or profit sharing contributions be company stock fund purchases. What you have absolute control over - within the 10-50 choices your company may offer, is the selection of mutual funds within the Employee Contribution source of funds.Don't overload on company stock - you need a diversified portfolio so your future isn't too strongly tied to the fortune of a single company. The general rule I've read is to cap your investment in the company stock to 5% of your overall portfolio.
I worked ERISA plan management for US Bank back in the day. We saw a lot of companies require employer-sourced contributions required company stock fund purchases. Some had rules that allowed employees to diversify out of the stock fund after the fact, but that was a mixed back.