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What you need to know about restricted stock awards and taxes
November 8, 2023
Categories: NIIT, restricted stock awards, special election, Stock awards
Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation. Some businesses offer them instead of stock option awards. The reason: Options can lose most or all of their value if the price of the underlying stock takes a dive. But with restricted stock, if the stock price goes down, your company can issue you additional restricted shares to make up the difference. Restricted stock basics In a typical restricted stock deal, you receive company stock
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Investment swings: What’s the tax impact?
September 12, 2023
Categories: 401(k), Capital Loss, Investments, IRA, NIIT, Roth
Investment swings: What’s the tax impact? If your investments have fluctuated wildly this year, you may have already recognized some significant gains and losses. But nothing is decided tax-wise until year end when the final results of your trades will reveal your 2023 tax situation. Here’s what you need to know to avoid tax surprises. Tax-favored retirement accounts and taxable accounts If you’ve had wild swings in the value of investments held in a tax-favored 401(k),