Stock Purchase Plan

A Stock Purchase Plan (SPP) is a benefit offered by some companies allowing employees to buy company shares, often at a discounted rate or through convenient payroll deductions. This plan provides employees an opportunity to invest in their employer's stock, aligning their interests with the company’s success. It typically involves regular contributions over a period, making investing more accessible and systematic. SPPs can help employees build wealth, foster loyalty, and participate in the company’s growth, often with terms that are more favorable than market prices or typical investment options.