Nerd's Eye View

MARCH 13, 2024

Specifically, USC Section 114 defines certain types of "retirement income" that can only be taxed by the states in which a person resides, which include qualified employer retirement plans and IRAs as well as nonqualified deferred compensation plans that are either paid out over a period of at least 10 years or structured as an excess benefit plan.

Taxes 189

Taxes Compensation Planning Retirement Retirement Planning 189

Nerd's Eye View

AUGUST 8, 2023

In this episode, we talk in-depth about how Lori built her in-depth investment knowledge while working with large institutions and endowments at wirehouse firms like Shearson Lehman Brothers and Citigroup Smith Barney, how Lori approaches portfolio management with an approach of "don't fix what isn't broken" and assumes most large portfolios she manages (..)

Investing 246

Investing Investments Financial Advisor Compensation Planning 246

Diamond Consultants

JANUARY 21, 2025

Four factors to consider when attempting to resolve if your firm is indeed the right place for you, your clients, and your business. But this question is a fair one, especially in light of the recent compensation plan announcement from UBS: Are the big firms delivering value commensurate with what they are charging?

Recruitment 52

Recruitment Compensation Planning Clients Consulting 52

Nationwide Financial

MARCH 6, 2023

One strategy is to accumulate deductions that a client would normally take over 2 years into a single year. For example, they could make most of their charitable contributions and medical expenditures in a year they plan to itemize. Don’t forget about the net investment income tax (NIIT), which is an additional 3.8%

Tax Planning 78

Tax Planning Taxes Planning Distribution 78

NAIFA Advisor Today

AUGUST 5, 2022

Nonqualified benefits, like deferred compensation plans, may be a good solution to appeal to executives looking for pre-tax opportunities beyond IRAs and 401(k) plans to accumulate greater wealth for retirement.

Compensation Planning 52

Compensation Planning Retirement Planning Taxes 52

Harness Wealth

OCTOBER 8, 2024

Key Takeaways: The Harness Marketplace allows your tax firm to be paired with high-value tax clients whose unique needs align with your expertise. Tax practices that provide comprehensive tax planning services are better positioned to gain new clients in the Harness Marketplace compared to firms that mainly focus on tax preparation.

Taxes 52

Taxes Clients Tax Planning Healthcare 52

Darrow Wealth Management

NOVEMBER 17, 2022

Some examples include: timing stock option exercises and sales (particularly around year-end), an 83(b) election, increasing pre-tax contributions to a retirement plan, evaluating a non-qualified deferred compensation plan , charitable endeavors, timing of withdrawals from an inherited IRA , alternate tax filing status, and so on.

Taxes 107

Taxes Wealth Management Tax Planning Planning 107

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.

Compensation Planning 52

Compensation Planning Taxes Distribution Planning 52

Harness Wealth

DECEMBER 30, 2024

Employers have the discretion to opt out of permitting 83(i) elections by declining to establish these conditions or explicitly excluding the election from equity compensation plans. This ensures employers maintain control over the application of 83(i) elections within their equity compensation plans.

Taxes 52

Taxes Compliance Compensation Planning Financial Advisor 52

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.

Compensation Planning 52

Compensation Planning Taxes Planning Distribution 52

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. A third type of restrictive covenant is a nonsolicitation clause.

Recruitment 40

Recruitment Compensation Planning Clients Retirement 40

Prosperity Coaching

MAY 20, 2022

Financial Advisors Selling to Corporate Executives: Financial services are a diverse field because clients can range from blue-collar workers to high-income earners, all with vastly different needs. Read here: This is my 4th post in The Financial Advisor Ideal Client Blog Post Series: How to attract your ideal clients.

Financial Advisor 52

Financial Advisor Financial Services Clients Compensation Planning 52

Diamond Consultants

JUNE 28, 2023

Take Vincent Finney, Ryan Bibler, and Joseph Panfil, for example: Former UBS advisors managing $800mm in AUM, who were looking to achieve greater freedom and control, and decided to move from UBS to Wells Fargo’s W-2 Private Client Group. But things started to change at the firm. First, UBS left the Protocol for Broker Recruiting.

Compliance 52

Compliance Recruitment Clients Compensation Planning 52

Walkner Condon Financial Advisors

JUNE 27, 2023

In many cases, we advise that clients have a supplemental life insurance policy in addition to whatever group life coverage that they have through their employer. Deferred compensation plans. As a Financial Advisor, I’m here to help my clients through the good times and (arguably more importantly) the stressful times.

Insurance 52

Insurance Insurance Coverage Compensation Planning Financial Advisor 52

Walkner Condon Financial Advisors

JUNE 27, 2023

In many cases, we advise that clients have a supplemental life insurance policy in addition to whatever group life coverage that they have through their employer. Deferred compensation plans. As a Financial Advisor, I’m here to help my clients through the good times and (arguably more importantly) the stressful times.

Insurance 52

Insurance Insurance Coverage Compensation Planning Financial Advisor 52

Sara Grillo

AUGUST 14, 2023

The fiduciary standard is important because it defined parameters for behaviors impacting the way that financial advisors treat their clients. A fiduciary provides advice and counsel that is solely in the best interest of the client. It’s confusing to the client and unfortunately that confusion is waged onto them on purpose.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

Cordant Wealth Partners

SEPTEMBER 27, 2021

And while these benefits can be quite valuable, in most cases, they do require a fair amount of time, planning, and intentionality to take advantage of them and incorporate them into your overall financial strategy. In this article, we’ll group your benefits at Microsoft into the following categories: Compensation : Salary, Bonus, and RSUs.

Engineering 52

Engineering Taxes Insurance Accounting 52

Cordant Wealth Partners

SEPTEMBER 9, 2022

With all deferred compensation plans, it’s important to remember that they are unsecured liabilities and subject to the company’s credit risk. For more information on balancing the risks of deferred compensation plans, see our post, Three Risk Reduction Strategies for Deferred Comp Plans.

Engineering 52

Engineering Taxes Insurance Accounting 52

Cordant Wealth Partners

AUGUST 16, 2024

If you are eligible for Retirement and are over 60, or if you meet the Rule of 75, you should also consider the award dates when planning retirement as working until the vesting dates still, in most cases, get you an extra year of vesting. Please check with your HR for the most up-to-date plan information.

Planning 52

Planning Retirement Taxes Accounting 52

Cordant Wealth Partners

DECEMBER 2, 2022

If you are eligible for Retirement and over 60, or if you meet Rule of 75, you should also consider the award dates when planning retirement as working until the vesting dates still, in most cases, gets you an extra year of vesting. Please check with your HR for the most up-to-date plan information.

Planning 52

Planning Retirement Taxes Accounting 52

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. But How Should I Invest My 401(k)?

Retirement Planning 52

Retirement Planning Retirement Planning Taxes 52

Brown Advisory

OCTOBER 6, 2020

Matters of racial and environmental justice are important to us and to our clients, and we have always considered these factors as part of our ESG research and our process for evaluating investments. Its management and executive compensation plans are also tied to factors related to racial equity.

Executive Compensation 52

Executive Compensation Education Clients Compensation Planning 52

Brown Advisory

OCTOBER 6, 2020

Our firm has intentionally expanded its focus on sustainable investing over the past decade—in part because we believe it helps us make better investment decisions, and in part because we believe it helps our clients make a positive impact on the world with their capital. And Part of the Problem.

Executive Compensation 52

Executive Compensation Education Clients Compensation Planning 52