Every May, interest rates on federal student loans are reset for the upcoming school year. The rates are calculated by combining the yield on the 10-year U.S. Treasury note with an extra fixed amount set by Congress.

In the dynamic world of startups and tech companies, equity compensation is a common way to attract and retain top talent. Among the various forms of equity compensation, restricted stock is often a key component. When you receive restricted stock, understanding the tax implications is crucial. One important tax strategy to consider is making an 83(b) election. In this article, we’ll explain what an 83(b) election is, its potential value from a tax standpoint, and provide an example to illustrate the benefits. We’ll also link to a sample 83(b) election form and show where to file it with the IRS.

Having recently transitioned from the investment management industry to my new role as an advisor with Pioneer, I was thrilled to have the opportunity to attend my first NAPFA conference earlier this month. The National Association of Personal Financial Advisors – NAPFA for short – is the primary non-profit organization dedicated to advocating for fee-only, fiduciary financial advice.

Whole Foods’ Mega Backdoor Roth allows employees to contribute additional after-tax dollars to a Roth 401(k), potentially helping you save taxes in retirement. Learn whether the Mega Backdoor Roth might be right for you.