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3 Risk Reduction Strategies for Deferred Compensation Plans

Cordant Wealth Partners

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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What is an 83(i) Election and How Do You You File One?

Harness Wealth

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.

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Siemens Deferred Compensation Elections for Former Employees of Mentor Graphics: 4 Steps to Consider

Cordant Wealth Partners

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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Intel SERPLUS Elections 2020: 4 Steps to Consider Given the Recent Company Uncertainty

Cordant Wealth Partners

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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Concentration Risk and Your Equity Compensation: Reasons and Rebuttals

Zajac Group

And yet, many recipients of equity compensation struggle to pull the trigger on this otherwise prudent practice. Here are a number of reasons we’ve seen. Scenario #2: Your goal is to retain some company stock for future growth, but reduce your concentration risk to less than 10%–15% (or whatever number is suitable for you).

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How Tax Practices Can Stand Out in the Harness Marketplace to Attract New Tax Clients

Harness Wealth

The Harness Marketplace by the Numbers Harness attracts high-value clients with comprehensive planning needs, primarily from industries like tech, healthcare, consulting, and finance, along with business owners from various industries. This will include what policies and procedures you have in place. Who are the members of your team?

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Intel Severance Package: Your Complete Guide & Action Plan

Cordant Wealth Partners

Income Typically, Intel offers a certain number of weeks of salary, plus a payout of earned benefits and bonuses as part of a layoff package. Severance pay: Severance at Intel is typically structured as a fixed number of weeks + weeks based on the length of service. Please check with your HR for the most up-to-date plan information.