by Nick Wright | Jul 5, 2022
A Deferred Compensation Plan (DCP) is an exclusive benefit that certain employers provide for their highly compensated employees. The plan is similar to your 401(k) as it allows you to contribute and invest dollars on a pre-tax basis, reducing taxable income in the year you contribute. You elect how much of your compens...
by Aaren Strand | Jun 29, 2022
Updated for 2022
Health Savings Accounts (HSA) are traditionally thought of as a tool to save money for out-of-pocket medical expenses. Many people do not fully understand how an HSA can reduce future tax bills and many more do not think of it as an in...
by Aaren Strand | Mar 3, 2022
A liquidity event, such as an IPO or acquisition, is a huge accomplishment for any business.
It is extremely satisfying to see your hard work pay off. Yet, as exciting as this time may be – it also brings a lot of questions regarding what’s next. Now more than ever you need a thoughtful financial plan that encompasses your long-term financial and personal goals. Here are a few question...
by Angela Sorensen | Oct 7, 2021
Update as of January 25, 2022
The Washington state House has voted to delay the implementation of the WA Cares Fund. What does this mean for you? Here is what we know now:
Employers will not begin withholding tax until July 1st, 2023.
The tax has not been repealed it has been delayed. This means that if you purchase...
by Ajay Patel | Aug 23, 2021
Here is what is causing it and how it will affect you
It is hard to ignore the painfully expensive cost of just about everything nowadays. Many people point to the sudden 3 trillion-dollar printing spree by the federal government during the pandemic. This answer does in fact seem like the knee-jerking economist explanation. Printing 35% of all US currency in 10 months would lead to a lot of inflation, right...
by Nick Wright | Jun 23, 2021
The WA Long-Term Care Trust Act (The WA Cares Fund)[/eUpdated as of January 25, 2021
The Washington state House has voted to delay the implementation of the WA Cares Fund. What does this mean for you? Here is what we know now...
