The Roth IRA is one of the premier account choices when saving for retirement. However, it remains out of reach for some savers due to high-income restrictions. The backdoor Roth strategy provides a solution for many to overcome this obstacle.
Health Savings Accounts (HSAs) allow individuals with high-deductible health plans to save for medical expenses by offering a triple-tax advantage. Despite the significant benefits, recent studies suggest that only 10% of Americans utilize HSAs, even though they were introduced in 2003. Learn more in this HSA guide about eligibility, triple-tax advantage, and other important planning considerations.
Restricted stock units (RSUs) are a type of equity compensation for high-earning professionals. Learn more about key terms, taxable consequences, and whether to keep or sell RSUs after they vest.
Non-qualified deferred compensation (otherwise referred to as deferred compensation or NQDC in this article) is an employee benefit available for some high-earning tech professionals planning their financial future.
This guide is to help you understand deferred compensation so that you can defer taxes, control income, and grow wealth tax-efficiently.
The mega-backdoor Roth is one of the best employee benefits available for high-earning tech professionals planning their financial future. Learn more about how to use the mega-backdoor Roth to save more tax-efficiently and minimize taxes down the road in retirement.
