How Salesforce Employees Can Build Wealth the Fast and Strategic Way
The biggest draw of working for Salesforce or another big-name tech company, is that employees build wealth in those companies fast… almost regardless of what their job title is. And you want to know how they do it. Because… why wouldn’t you want to add more wealth to your bank accounts automatically? We’ve been advising […]
How to Invest the Cash After Exercising Stock Options
There are countless ways you can strategize around how to best use your stock options. That can depend on: The kind of employee you are The type of options you have The decisions you need to make around your stock options …and more, including your financial goals and specific needs. But no matter what approach […]
How to Pay for College with Stock Options
You know that education is important. You’re probably better educated than your parents — and your great income and stock options are both a product of that education. But you also know that the cost of an education will likely only increase. In fact, according to College Board, tuition and fees at public four-year universities […]
The New 83(i) Election for NQSOs and RSUs Can Be a Big Tax Break
When Congress passed the Tax Cuts and Jobs Act in December 2017, one of the new features introduced to the tax code was the 83(i) election. This offers a tax break for certain stock option holders, and could significantly benefit your financial situation if you qualify for this tax break. (Read up on other relevant […]
How the Tax Reform Bill Will Impact You
Plus steps to take now The impact of new tax legislation will vary by Taxpayer depending on your particular situation. Generally, tax rates have been lowered but many itemized deductions have been significantly limited or eliminated. The standard deduction has been increased significantly so many Taxpayers will no longer need to itemize deductions. Personal exemption […]
Uber Tender Offer: Do I qualify as an accredited investor?
The past few weeks in the world of tech companies have been like Mitch-a-Palooza from the movie Old School: a wild and crazy party thanks to the Uber tender offer. We’ve been working ‘round the clock to help current clients and new contacts with this tender offer — and want to help you, too, by […]
What to Know About Tender Offers and How to Prepare for Yours
If you’ve been waiting for your private company to go public so you can offload some of your shares, you might not have to wait until the initial public offering (IPO). With a tender offer, you could sell some or all of your shares without the waiting or speculation that comes with an IPO. What […]
What is a 10b5-1 Plan — And Should I Participate in Mine?
Restricted stock units (RSU), incentive stock options (ISO), and nonqualified stock options (NQ) are all nice to have. Trading windows and lock-out periods, though? Not so much. 10b5-1 plans can help you set up a trading plan that is not limited to set trading windows. These plans allow shareholders like execs and company insiders to […]
How to Save More Money in the Future
Most of what you read about saving more money is misguided. It focuses on the wrong things. Saving a fixed percentage of income Cutting expenses The two approaches are the same approach presented in different ways. Saving a fixed percentage of income that is more than what you currently save will mean reducing your expenses. […]