This article covers what a donor-advised fund is and why you should consider one. We also get you up to speed on the tax benefits of using a DAF. If you've heard of a DAF and are curious about incorporating it into your giving and tax planning strategy, this article is for you. Key Takeaways: Contributions to a donor-advised fund... Read More
During layoffs, Intel offers severance packages or voluntary separation packages (VSP) when cost reductions are a priority. Most recently, Intel announced layoffs impacting 15% of the workforce with a plan to cut $10 billion in total costs. If you’ve been offered a severance, layoff, or voluntary separation package at Intel, this guide will cover: The key components of the package... Read More
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
In this article, we cover how compensation at Microsoft works and how you can maximize your benefits. Whether you're a long-time employee wondering if you're taking advantage of all the financial opportunities available to you or a new hire just trying to figure out how it all works—we've got you covered. Like any major corporation, Microsoft offers a host... 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
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
