The ability to save in a Roth 401k has been around since the Pension Protection Act of 2006. This act allowed businesses (plan sponsors) to offer employees the option to defer their after tax salary into an account that will allow for tax free withdrawals in retirement. This tax free concept for retirement was introduced a decade […]
Archive | Taxes
Own Stock Options? 5 Steps To Understand Them
Guest post from Brian Betz, CFP® with Percension Wealth Advisors, LLC You work for a successful, start-up company. When hired you were given a pile of stock options, at which point the dollar signs in your head began swirling. After years of growth, your company finally went public! As your coworkers pop champagne you know […]