Executive Acronyms: RSU
RSU meant one thing when I was in pilot training. It means something else if you hear about it at your civilian job. An RSU is one of several different types of equity compensation, that you might encounter.
RSU meant one thing when I was in pilot training. It means something else if you hear about it at your civilian job. An RSU is one of several different types of equity compensation, that you might encounter.
After you retire from the military and start your second career, there is a pretty good chance your employer will offer a 401(k). There is also a decent chance that you could have company stock inside that 401(k). If you do, you'll want to understand NUA.
Non-Qualified Stock Options are a form of equity compensation. If your career after the military involves the tech industry or start-ups, you could end up with this type of compensation. You can make a fair bit of money with them, but you can also end up with an interesting tax scenario as well.
One way employers sweeten the pot for highly-compensated employees is a NQDC. If you're offered one of these after you retire from the military, you're doing all right. But...they're not simple.
16.1% of employers have cut matching 401(k) contributions in light of COVID-19. If this happened to you, or you're worried it could, here are the next steps you should be taking right away to still save for retirement.
AMT isn't as big of an issue as it used to be. But, under circumstances, it can still apply
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