Ballast Advisors

NOVEMBER 29, 2022

It’s common for businesses to court talented executives with a variety of perks, including signing bonuses, stock options, and nonqualified deferred compensation plans to supplement regular pensions and retirement savings.

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Recruitment Compensation Planning Clients Retirement 40

Cordant Wealth Partners

AUGUST 16, 2024

This is in addition to the accelerated vesting provided by Intel retirement rules. However, if you are eligible for retirement at Intel ( here’s a helpful post on the subject ), the APB will be prorated according to the number of full calendar months you worked. For APB, December 31 st is the magic day.

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Planning Retirement Taxes Accounting 52

Cordant Wealth Partners

SEPTEMBER 7, 2022

Once in the account, your money grows tax-free, and unlike a traditional 401(k), the funds can be withdrawn without taxes in retirement. Next, the funds are tax-free when you withdraw them at retirement. Should I contribute to my Deferred Compensation Plan (DCP) or the Mega Backdoor Roth? This is the tax-deferral benefit.

Taxes 52

Taxes Accounting Compensation Planning Retirement 52

Cordant Wealth Partners

DECEMBER 2, 2022

This is in addition to the accelerated vesting provided by Intel retirement rules. Intel Retirement Contribution Plan. SERPLUS (Intel’s deferred compensation account). Spouse’s Retirement Accounts. Real Estate Assets (those you would use to support your lifestyle in retirement). Intel Minimum Pension.

Planning 52

Planning Retirement Taxes Accounting 52

Cordant Wealth Partners

SEPTEMBER 9, 2022

This means that for those contributing the maximum of $19,500, Microsoft would contribute another $9,750 towards your retirement savings. Planning opportunities with the 401k: Maximize your contributions to get the maximum employer match. at retirement or upon leaving the company. 2021 could be your last chance to participate.

Engineering 52

Engineering Taxes Insurance Accounting 52

Cordant Wealth Partners

SEPTEMBER 27, 2021

This means that for those contributing the maximum of $19,500, Microsoft would contribute another $9,750 towards your retirement savings. Planning opportunities with the 401k: Maximize your contributions to get the maximum employer match. The Mega Backdoor Roth 401(k) is a fantastic way to boost your retirement savings.

Engineering 52

Engineering Taxes Insurance Compensation Planning 52

Harness Wealth

MARCH 11, 2024

Retirement contributions Individuals can take advantage of various tax-related retirement planning strategies to reduce their taxable income today and post-retirement. The funds, which can be invested similarly to a retirement account, grow tax-free, and withdrawals for qualified medical expenses are also tax-free.

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Startup Taxes Medical Retirement 59

Zajac Group

JANUARY 10, 2023

All that thinking can backfire if “TMI” (too much information) prevents you from proceeding. Can’t decide how to decide what to do with your equity compensation? Simplifying the Equity Compensation Complexities: Keep, Spend, or Save it. I am approaching retirement and want to diversify or preserve what I’ve got.

Taxes 52

Taxes Planning Financial Planning Sales 52

Sara Grillo

AUGUST 14, 2023

Helping parents send their kids to college, care for an aging parent and retire with financial independence are literally what gets him up every day. He has presented papers at conferences on topics such as investment fraud, risk management, and retirement planning. Lee holds a Ph.D.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

Cordant Wealth Partners

NOVEMBER 12, 2021

[Editor’s note: Information contained in this post is based off information for the 2021 DCP enrollment period. In this article, we cover what you need to know about the Microsoft Deferred Compensation Plan (DCP) for the upcoming enrollment period. This can be an attractive option for employees many years from retirement.

Compensation Planning 52

Compensation Planning Planning Distribution Taxes 52

Cordant Wealth Partners

SEPTEMBER 5, 2022

Every November, the Microsoft Deferred Compensation Plan (DCP) opens for enrollment and salary deferral elections for the upcoming year. And every year, we hear similar questions from those eligible to allocate money into a deferred compensation plan. What’s the Risk of the Microsoft Deferred Compensation Plan?

Compensation Planning 52

Compensation Planning Planning Distribution Accounting 52

Cordant Wealth Partners

OCTOBER 25, 2021

[Editor’s note: Information contained in this post is current based on the 2022 guide for Intel SERPLUS open enrollment.]. What’s the Risk of the Intel SERPLUS Plan? As a non-qualified deferred compensation plan, your SERPLUS account is, by rule, an unsecured liability of Intel. Your Beneficiaries. Personal Risk Factors.

Compensation Planning 52

Compensation Planning Distribution Taxes Planning 52

Nationwide Financial

MARCH 6, 2023

For example, they could make most of their charitable contributions and medical expenditures in a year they plan to itemize. Optimize retirement plan contributions The maximum allowable 401(k) contribution for 2023 is $22,500, with a $7,500 additional contribution, if the plan allows, for taxpayers who are 50 and over.

Tax Planning 78

Tax Planning Taxes Planning Distribution 78

Darrow Wealth Management

MAY 9, 2025

The company’s equity compensation plan document will contain other important rules which often apply to all employees. These documents usually contain information about options for meeting the employer’s tax withholding obligations and if vested shares are settled in cash or company stock.

Taxes 85

Taxes Startup Wealth Management Planning 85

Darrow Wealth Management

MAY 9, 2025

The company’s equity compensation plan document will contain other important rules which often apply to all employees. These documents usually contain information about options for meeting the employer’s tax withholding obligations and if vested shares are settled in cash or company stock.

Taxes 62

Taxes Startup Wealth Management Planning 62