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One of those options might be to set up a defined contribution plan such as a 401(k). [1] 1] A 401(k) will allow you to set aside some of your assets into a tax-advantaged account that can have market exposure and the potential to grow over time. [2] 4] This is a tax-advantaged account, much like a 401(k). [5]
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You expect your future tax rate will be higher than it is today Time value of money. All else equal, you’d be better off paying tax next year instead of today. If you have a large pool of pre-taxassets, when RMDs kick in you could have little protection against the highest tax brackets.
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So the choice ultimately has to be an educated guess in consideration with other key factors about your equity, post-IPO plans, and financial situation. Pros and cons of exercising stock options in a pre-IPO window If you are new to the tax implications and basics about exercising stock options, please read this article first.
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