What Happens if Your Plan Doesn’t Go According to Plan?

What Happens if Your Plan Doesn’t Go According to Plan?

Financial advisors have a seemingly simple job – help their clients reach their financial goals. However, once you go beyond just goal setting, you will quickly find that the “planning” part of financial planning is not a static job. No matter how committed one is to their financial goals,...
How Do Deferred Compensation Plans Work?

How Do Deferred Compensation Plans Work?

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...
Planning for a Liquidity Event. It is Life Changing

Planning for a Liquidity Event. It is Life Changing

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...
How Do You Opt-Out of Washington State’s Long-Term Care Tax?

How Do You Opt-Out of Washington State’s Long-Term Care Tax?

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 The tax has not been repealed it has been delayed.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...