Cordant Wealth Partners

NOVEMBER 12, 2021

In this article, we cover what you need to know about the Microsoft Deferred Compensation Plan (DCP) for the upcoming enrollment period. Every November, the Microsoft deferred compensation plan opens for enrollment and salary deferral elections for the upcoming year. Next, let’s take a look at how to quantify that risk.

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Cordant Wealth Partners

NOVEMBER 12, 2021

In this post, we cover three ways you can reduce the risk you have in your deferred compensation plan (DCP) for those that have a substantial portion of their net worth tied up in deferred compensation. 409(a) Nonqualified Deferred Compensation plans present a fantastic way to defer taxes and build net worth.

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Diamond Consultants

JANUARY 21, 2025

And to be fair, the wirehouses absolutely provide a great degree of support and service (think about the various costs they bear on your behalf, such as asset custody, branding, technology, HR, compliance, investment products, etc.).

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Harness Wealth

NOVEMBER 12, 2024

While it’s not always advisable to sell investments at a loss, it may make sense in your situation to consider selling underperforming assets, especially if you’re willing to invest in alternative assets that provide similar exposure without triggering a wash sale. Find your next tax advisor at Harness today.

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Darrow Wealth Management

NOVEMBER 17, 2022

With so little time until the end of the year, it may not be feasible to sell a home, business, or other assets unless it was already in the works. Further, if you weren’t planning to sell the asset, it’s usually not advisable to do so for tax reasons alone. Recognize the gain now.

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Nationwide Financial

MARCH 6, 2023

Like individuals, businesses holding investments and other capital assets should consider other income, gains, and losses when determining when to sell capital assets. Defer income Clients may consider putting off asset sales or delaying receipt of other income until next year to reduce 2023 taxable income.

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Harness Wealth

DECEMBER 30, 2024

The key differences between 83(i) and 83(b) elections While both the 83(b) and 83(i) elections are tools for managing tax liabilities on equity compensation, they serve different purposes and have distinct rules. This ensures employers maintain control over the application of 83(i) elections within their equity compensation plans.

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Cordant Wealth Partners

NOVEMBER 20, 2020

409(a) Nonqualified Deferred Compensation Plans present one of these opportunities. As a participant in your company’s deferred compensation plan, you’ve become an unsecured creditor of your company. The Benefits of Deferred Compensation Plans. The Risks of Deferred Compensation Plans.

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Cordant Wealth Partners

JANUARY 28, 2021

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. The Benefits of Deferred Compensation. The Risks of Deferred Compensation Plans. Let’s dive in.

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Cordant Wealth Partners

OCTOBER 25, 2021

As a non-qualified deferred compensation plan, your SERPLUS account is, by rule, an unsecured liability of Intel. By participating, you become a creditor of your employer—and lower in priority to any creditor whose loan is secured by the company’s assets. Intel Specific Risk Factors. The “Grey Zone” is a score between 1.81

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Zajac Group

MARCH 20, 2023

For others, concentration might feel suitable if they have significant other assets and/or if they have a high risk tolerance or high risk capacity. If so, is it the BEST idea for your investable assets? For some, concentration risk might mean holding any amount of a single stock position in a company they work for.

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Cordant Wealth Partners

AUGUST 16, 2024

Document Your Current Assets (In One Place) Once you have documented what you are trying to achieve (your objectives and goals) the next step is understanding what assets you already have in place to achieve these. Evaluate Whether the Assets You Listed in Step 2 can Support Each Cash Flow.

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Your Richest Life

APRIL 15, 2024

If you prefer a Roth, some 403(b) plans may also offer Roth accounts, and those contributions are tax-free when distributed. 2024 contribution limit: $23,000 457 plan – A 457(b) deferred compensation plan is available to the employees of some state and local governments and tax-exempt organizations.

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Cordant Wealth Partners

SEPTEMBER 8, 2022

Microsoft Technology Licensing, Undead Labs The Microsoft 401(k) plan is part of the comprehensive benefits offering that includes the Microsoft Corporation Employee Stock Purchase Plan and the Microsoft Corporation Deferred Compensation Plan. trillion in assets and more than a third of total 401(k) assets.

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Cordant Wealth Partners

DECEMBER 2, 2022

Document Your Current Assets (In One Place). Once you have documented what you are trying to achieve (your objectives and goals) the next step is understanding what assets you already have in place to achieve these. It is possible that you have assets that go beyond this list but we most commonly see the following: Intel 401(k).

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Harness Wealth

MARCH 11, 2024

Donors who contribute to a DAF can deposit cash, securities, or other assets into the fund. The donor relinquishes ownership of the assets but retains advisory privileges over how the contributions are invested and how grants are distributed to charities. Given this, long-term investment strategies can significantly reduce taxes.

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Zoe Financial

MARCH 22, 2023

A significant upside to having a Roth IRA is the tax-free growth of the assets, so in fact, a Roth IRA should be the last money that someone uses and perhaps doesn’t even use at all since it can be passed onto their heirs for ten more years of tax-free growth under current law! However, this is a mistake.

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Diamond Consultants

JUNE 28, 2023

Jake landed on a “middle ground” option, choosing to go to RBC to monetize his life’s work and recoup some of his deferred compensation. Overall, RBC had a more entrepreneurial culture, offering an extra support team member and a simplified and consistent compensation plan that no longer emphasized banking.

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Zajac Group

JANUARY 10, 2023

Remember, neither gains nor losses are really yours until you actually sell the stock, so your core motivations are relatively simple: You want to mitigate the concentration risk, protect your assets, and establish financial freedom. But for the entire portion you plan to invest long-term, we believe sooner is better.

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Zajac Group

JANUARY 24, 2023

Tax Treatment of a Disqualified Sale If you sell your exercised shares before the qualifying timeframes just described, the sale is disqualified, and may be taxed as a blend of ordinary income and capital asset rates. It depends whether you’re selling your shares for above or below their FMV at exercise (or below the strike price itself).

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Sara Grillo

AUGUST 14, 2023

That lead him to start Quest Asset Management, with the novel idea of putting investor interests first as a fiduciary, which was practically unheard of at the time. Dr. Jay is passionate about tax efficient wealth management and retirement planning, and is currently working towards setting up his financial planning and advisory practice.

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