When I worked for W.M. (from 00-02) I bought stock. I have not cashed it in or even thought about it at all (remembered it while doing it taxes). What can I do with it? Can I cash it in or sell it? I dont even remember how to go about checking on the information for it... if anyone can give me any info..it'd be greatly appreciated.
2007-03-15 06:36:30 · 2 answers · asked by ? 4 in Business & Finance ➔ Taxes ➔ Other - Taxes
Not a lot of detail here, but I would not cash them out as the stock is doing fairly well and the company has strong financials for the long-term. Rather than take on the tax consequences of cashing-out, I would suggest that you roll the stock over into your IRA or 401K at your next employment. HR at WM should provide you with info and guidance on this.....
2007-03-15 06:45:32 · answer #1 · answered by tracymoo 6 · 0⤊ 1⤋
Do you hold the certificates, yourself? This is doubtful, but possible.
If not, when you purchased, a broker would have give you a confirmation of the buy or something. Contact that broker.
If you never signed up to use a broker (WMT may have one they require you to use), it's possible Wal-Mart is holding your certificates.
In the end, if you have a broker, you can instruct the broker to sell your shares. If you have (or can get) the certificate, you'll need to open an account with a broker to sell it.
2007-03-15 13:46:11 · answer #2 · answered by Jay 7 · 0⤊ 0⤋