When most people think about building wealth, they often focus on retirement accounts like 401(k)s or IRAs. While these are essential for long-term financial security, there’s another powerful tool that’s often overlooked: the taxable investment account—also known as a brokerage account or non-qualified account. For simplicity, we’ll refer to it as a taxable account throughout […]
Unlocking the Mega Backdoor Roth: A Smart Strategy for High-Income Earners Read More »
As a high-income professional, you’ve likely heard about the importance of maximizing tax-advantaged accounts like 401(k)s and IRAs. But if you’re seeking ways to contribute even more toward your retirement savings, the Mega Backdoor Roth IRA may be the solution you didn’t know you needed. Before diving into this advanced strategy, let’s first break down
Navigating Stock Compensation: A Comprehensive Guide to ESPPs, ISOs, RSUs, and NSOs Read More »
Stock compensation is a powerful tool companies use to attract and retain employees by offering them a stake in the company’s success. From Employee Stock Purchase Plans (ESPPs) to Incentive Stock Options (ISOs), Restricted Stock Units (RSUs), and Non-Qualified Stock Options (NSOs), each type of stock compensation offers unique benefits, tax implications, and strategic opportunities.
