Today I am rounding up my 5 key takeaways on the proposed legislation that may affect some of the tax planning strategies we often implement with our HENRY clients, such as the Mega Backdoor Roth IRA.
Wondering what actually occurs in our planning process? In part one I explained why having the answer to 3 specific questions is the very first step. In part two I will cover what happens once we have those answers... Have you answered these 3 questions?
What is the FIRST and MOST IMPORTANT part of the Financial Life Planning process? When we begin a new client's Financial Life Plan, we seek to answer 3 key questions that revolve around cash flow. We want you to be able to answer these questions definitively at the end of our planning process. This is all before we even touch on investments, tax coordination and insurance coverage...
Becoming a couple comes with a lot of compromises and some long discussions to get together on the same page when it comes to planning for the future and investing. Since investing is so important to plan for retirement it is vital for couples to address this issue sooner rather than later.
If you work in tech and media it is likely you’ve been granted Restricted Stock Units (RSUs) as part of your compensation package. Being on the receiving end of Restricted Stock Units is a wonderful thing. Especially if you are a young professional.
If you work in tech as its likely that Restricted Stock Units are a part of your Equity Compensation package. Making decisions around your RSUs can be overwhelming. Read this blog to learn more about how RSUs can can impact your financial plan.