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...
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 regard...
How Much Should I Contribute to My Health Savings Account (HSA)?

How Much Should I Contribute to My Health Savings Account (HSA)?

What is a Health Savings Account (HSA)? Health Savings Accounts (HSA) allows you to use pre-tax income for eligible medical expenses. It is linked to a high-deductible health plan (HDHP) and is intended to cover the out-of-pocket costs. The HSA is a tax-advantage savings account and provides y...