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Microsoft Deferred Compensation Plan (DCP): Enrollment Guide

Cordant Wealth Partners

Every November, the Microsoft Deferred Compensation Plan (DCP) opens for enrollment and salary deferral elections for the upcoming year. And every year, we hear similar questions from those eligible to allocate money into a deferred compensation plan. Second, what’s the magnitude of the tax benefit from deferring income?

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Microsoft Deferred Compensation Plan (DCP): 2022 Enrollment Guide

Cordant Wealth Partners

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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Zoe’s Tell-All: 2023 Tax Season

Zoe Financial

Zoe’s Tell-All: 2023 Tax Season Published February 14th, 2023 Reading Time: 5 minutes Written by: The Zoe Team If you’re a golfer, you know a lot goes into the brilliant game. Similarly, filing taxes includes many steps and details everyone needs to know about. Tax planning can be overwhelming , but it doesn’t have to be.

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10 High-Income Tax Planning Strategies to Complete Before 2025: A Year-end Checklist

Harness Wealth

As the year comes to a close, now is the time to review potential financial moves to help minimize your tax burden heading into 2025. Proactive year-end tax planning can lead to significant savings and set you up for financial success in the new year. Find your next tax advisor at Harness today. Starting at $2,500.

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Intel SERPLUS: 2022 Open Enrollment Guide

Cordant Wealth Partners

What’s the risk of the Intel SERPLUS plan? Second, what’s the magnitude of the tax benefit from deferring income? Intel SERPLUS Contribution Scenario and Tax Calculator (excel download). Intel’s SERPLUS (Deferred Compensation) program is available to employees at grade level 10 or higher. FREE RESOURCES.

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Job Loss Financial Checklist

Walkner Condon Financial Advisors

Severance pay is taxable and will be included on your W-2 for tax purposes. Expect federal and state taxes to be withheld. Review the documentation to understand what you might owe back to the employer. That said, your employer has been paying for unemployment insurance through payroll taxes for as long as you were working.

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Job Loss Financial Checklist

Walkner Condon Financial Advisors

Severance pay is taxable and will be included on your W-2 for tax purposes. Expect federal and state taxes to be withheld. Review the documentation to understand what you might owe back to the employer. That said, your employer has been paying for unemployment insurance through payroll taxes for as long as you were working.