A tax strategy known as Net Unrealized Appreciation (NUA) can be an effective way to reduce tax liability.

Empoyer Stock Compensatio, Retirement Planning, Tax PlanningPhillip R. ChristensonNovember 10, 2021Phillip James Financialcompany stock, appreciation, Retirement, tax planning

How to Manage Your ESPP Plan

An Employee Stock Purchase Plan (ESPP) provides employees an option to purchase stock in the company they work for at a discount below market price. Understanding how these plans work, including the tax implications, will allow an individual to make an educated decision on whether to participate in the plan and how much to invest.

Empoyer Stock CompensatioPhillip R. ChristensonMarch 9, 2021Phillip James FinancialWealth, ESPP, Employee Stock Purchase Plan

Year End Planning Tips for your Employee Equity Compensation

Employee Stock compensation is one of those things that you know you should be doing something with but really only give it any thought when you are forced to do something, like approve an option grant. Even if you aren’t checking every day, you should at least review your total employee stock plan once a year.

Employer Stock Planning in the year of retirement for NQSOs or ISOs

First off, congratulations! You have sacrificed, saved, and worked hard to be in the position you are today. But before you retire and enter an exciting new chapter of life, let’s look at some planning items to consider when it comes to selling your employer stock options in the year of retirement.

Empoyer Stock Compensatio, Fee-Only Financial Advice, Fiduciary, Financial PlanningJames L. SextonOctober 8, 2020Phillip James Financialfee only certified financial planner near me, retirement advisor, fiduciary near me, nqsos, non qualified stock options, planning for retirement

Your Guide to the NUA Rule (Net Unrealized Appreciation)

With so many publicly traded companies located here in Minnesota (United Health, Target, Best Buy, Medtronic, US Bank, General Mills) it’s not surprising that we often have questions about the NUA rule. Anyone who has worked with one of these companies over a significant period of time may be looking at a large concentrated stock positions with a potentially huge tax burden in the near future. The NUA rule may help alleviate some of that burden but you have to do it the right way.

What’s the right time to sell Restricted Stock Units (RSUs)?

Minnesota has a lot of large publicly traded employers. United Health, Target, Best Buy, Medtronic, US Bank, General Mills, are some of the biggest. Typically, these companies will use other forms of compensation to attract and retain employees. Restricted Stock Units (RSUs) are one of the most common.

Empoyer Stock Compensatio, Tax Planning, High Net Worth StrategyPhillip R. ChristensonSeptember 24, 2020Phillip James Financialrestricted stock advisor, fee only advisor, fiduciary advisor, retirement advisor, Minnesota financial advisor, retirement planning, CH Robinson employee restricted stock units (RSUs), Polaris employee restricted stock units (RSUs), Pentair restricted stock units (RSUs), Christopher & Banks restricted stock units (RSUs), tile shop restricted stock units (RSUs)

Planning on leaving your job? How to plan for your employer stock options.

Whether you just got fired, are planning to leave your employer to pursue another opportunity, or ready to retire, you need to make sure you understand what happens with your employee stock options as this could have a huge impact on your tax situation and your retirement plans.

Tax Planning, Fee-Only Financial Advice, Fiduciary, Empoyer Stock CompensatioPhillip R. ChristensonSeptember 17, 2020Phillip James Financialemployee stock options, executive stock options, non-qualified stock options, incentive stock options, employer stock, general mill stock options, us bank stock options, target stock options, stock option vesting, when to sell stock options, Medtronic stock options, stock option planning, stock option advisor, fee only advisor, fiduciary advisor, retirement advisor, Minnesota financial advisor, retirement planning, CH Robinson employee stock options, Polaris employee stock options, Pentair stock options, Christopher & Banks stock options, tile shop stock options, target restricted stock units (RSUs), RSU vesting, when to sell restricted stock units (RSUs), Medtronic restricted stock units (RSUs), RSU plannin

In Depth Understanding of Employer Stock Compensation (Part 2)

Have you accumulated substantial employer stock in the form of RSUs over the years? Does this employer stock position represent a substantial portion of your overall net worth? Are you trying to understand the tax impact of selling these to reduce risk and diversify the proceeds? If you have answered yes to any of these questions below are three sales strategies when it comes to selling your RSUs.

Financial Planning, Investment Education, Empoyer Stock CompensatioJames L. SextonSeptember 3, 2020Phillip James FinancialRSUs, Restricted Stock for Target, Restricted Stock Best Buy, General Mills RSUs, when to seel restricted stock rsus, CH Robinson employee restricted stock units (RSUs), Polaris employee restricted stock units (RSUs), Pentair restricted stock units (RSUs), Christopher & Banks restricted stock units (RSUs), tile shop restricted stock units (RSUs).

In Depth Understanding of Employer Stock Compensation (Part 1)

Weather you just started receiving employer stock as part of your compensation package or have been receiving it for several years, having a plan in place for managing this critical component of your income and net worth is essential.