Disclosure: Progress Wealth Management in no way has any affiliation with Microsoft nor are we endorsed by Microsoft in any way. This article doesn’t prove any level of skill or specialization in working with Microsoft Employees. Before hiring any advisor, it’s important to talk to at least 5 different ones to ensure you don’t miss […]
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Crafting an Intentional Financial Life: My Journey as an Independent Financial Planner May 31, 2023
At the age of 29, I experienced a mid-life crisis that reshaped my perspective. It all started with a crippling panic attack in 2020, which served as a catalyst for change in my life. After spending 8 years working in high-stress jobs in finance, my dad died and I realized how short life is and […]
Unlocking the Potential: Understanding Employee Stock Purchase Plans (ESPP)
Key Points Introduction When it comes to financial wellness and building a secure future, one opportunity that often goes overlooked is the Employee Stock Purchase Plan (ESPP). This powerful benefit not only allows employees to become stakeholders in the company they work for but also presents a unique avenue for potential financial growth. In this […]
Understanding RSU Taxes and Effective Tax Strategies for 2023
Key Points Introduction to RSU Taxes Restricted Stock Units (RSUs) have become a popular form of compensation, particularly in the tech industry. As an employee, it is crucial to grasp the intricacies of RSU taxation to effectively manage your financial affairs. In this article, we will provide you with a comprehensive understanding of RSU taxes […]
Understanding Beneficiary Designations: Per Stirpes and Per Capita
Key Points Introduction to Beneficiary Designations Beneficiary designations play a crucial role in estate planning, ensuring that your assets are distributed according to your wishes after your passing. By designating beneficiaries, you can bypass the lengthy and costly probate process, allowing for a smoother transition of your wealth. However, it is essential to understand the […]
Should I Participate in My Company’s Employee Stock Purchase Plan?
Introduction Employee Stock Purchase Plans (ESPPs) are a powerful tool that many companies offer to their employees, providing them with an opportunity to become shareholders and potentially reap the rewards of their company’s success. By participating in an ESPP, employees can purchase company stock at a discounted price, often through payroll deductions. This article aims […]