Time to Read: 7 Minutes A little-known tax rule for people who own their employer stock in their 401(k) is Net Unrealized Appreciation (NUA). Electing NUA is often promoted by retirement planners as a smart tax savings strategy. Here in San Diego, we’ve helped clients from companies with highly appreciated stock, such as SAIC,
Time to Read: 8 Minutes If you’re a highly compensated employee of a public or private company, you may be able to build up your retirement savings well beyond your 401(k) contributions. Participating in your employer’s deferred compensation (DC) plan can help build significant retirement savings, but if not carefully planned it can result
Time to Read: 16 Minutes At BWM Financial, we’ve helped executives, engineers, and scientists at San Diego companies with their financial affairs for over 20 years. This often involves navigating the complexities of employee benefits, such as company stock, options, retirement plans, and insurance benefits. Many executives are simply so focused on their career that they lack the bandwidth to spend their time and energy: Deciding between selling vested
If you have access to an Employee Stock Purchase Plan (ESPP) at work, you may be unsure if it’s a good investment. You also might wonder how it’s taxed and whether to enroll in it. BWM Financial has experience helping clients at San Diego companies, including
Time to Read: 5 Minutes Maxing out a 401(k) plan is the foundation of a retirement savings plan. But many local San Diego and national companies offer highly compensated executives the option to participate in an additional deferred compensation plan that can offer the opportunity to save well above the limits on a 401(k)
Time to Read: 16 Minutes At BWM Financial, we’ve helped executives, engineers, and scientists at San Diego companies with their financial affairs for over 20 years. This often involves navigating the complexities of employee benefits, such as company stock, options, retirement plans, and insurance benefits. In over two decades, we’ve amassed comprehensive knowledge on the benefits at companies like Qualcomm. Many executives are simply so focused on their career
Time to Read: 6 minutes Not only does BWM Financial share our San Diego home with some of the most innovative companies in the nation including Qualcomm, Illumina, ViaSat, but we continue to see a huge expansion of start-ups and tech companies popping up around the county. And while an up-and-coming tech company typically
Many companies now award their workers with stock in the form of Restricted Stock Units (RSUs). This helps retain talent and it gives employees a vested interest in the success of the business. However, large equity awards can create unique challenges for recipients – how much to sell, when to sell, how to consider tax