In this article, I’m sharing everything you need to know about how Restricted Stock Units (RSUs) are taxed. I’m also covering: What are RSUs RSUs vs Options Little-known RSU tax strategies If you’re ready to master RSU taxes and avoid overpaying the IRS in 2023, this article is for you. KEY POINTS: RSUs are a popular form of stock compensation that... Read More
Today we are going to tell you everything you need to know about the Intel Minimum Pension Plan (MPP). We'll cover: How the Intel pension plan works How your Intel pension plan benefit is calculated The steps you should take if you're retiring from Intel But first, grab your FREE resources (no email required!) 👇 Pension: Lump Sum vs. Monthly... Read More
In this article, we will outline how the Employee Stock Purchase Plan (ESPP) works, where you have an advantage (and where you don’t), so you can tip the odds in your favor. We’ll cover the five things you must know to maximize the benefit you get from your Employee Stock Purchase Plan: What is an ESPP How an ESPP works... Read More
Intel's SERPLUS (Deferred Compensation) plan is eligible for those employees level 10 or higher and can be a fantastic way to reduce taxes and boost savings. But, there are a number of trade-offs with the program and issues to consider. So if you want to know exactly... What is SERPLUS and how it works How it compares to other Intel... Read More
409(a) Nonqualified Deferred Compensation plans present a fantastic way to defer taxes and build net worth. But, after many years of contributing to the program coupled with investment gains, these plans can become a substantial portion of your net worth. And because these plans are an unsecured liability of your employer they come with more risk than other forms of... Read More
The Mega Backdoor Roth is a powerful new feature in many employer 401(k) plans that can turbocharge your savings. In this guide, we will walk you through everything you need to know about how the Mega Backdoor Roth works, why you should consider it, and some of the rules you need to know—including contribution limits for 2021. What is... Read More
In this post, we’ll outline everything you need to know about diversifying a concentrated stock position. We’ll cover what is too concentrated, the benefits of portfolio diversification (and the drawbacks), plus provide some tips on managing taxes. In our conversations with Tech professionals, we’ve learned that most know they should diversify their portfolio. But they don’t know how to... Read More
Article Summary & Key Points Employees of what was formerly Mentor Graphics, now Siemens, may find that they are eligible for Siemens’ Deferred Compensation Plan (DCP) and wonder if they should defer their salary and/or bonus into the plan. In this article, we lay out 4-steps to consider as you evaluate this decision: Why Defer? The Benefits of Deferred Compensation... Read More
Ideally, with each paycheck or bonus paid we would have all the cash flow we need to support regular cash-flow needs, achieve our larger financial objectives and optimize deferrals to tax-advantaged accounts and other tax savings opportunities. However, money is a resource, and like most resources it’s limited. We are forced to prioritize where we spend, the objectives we further,... Read More
Employee Stock Purchase Plans (ESPPs) are a valuable form of equity compensation and an attractive benefit of working for many tech companies. And this form of compensation is becoming more popular, from startups to blue-chip firms, as companies realize that the plans are a cost-effective way to reward, motivate, and retain employees. But just because your company offers an ESPP... Read More
