Insights

What to Do with Your Company Stock Options

What to Do with Your Company Stock Options

Company stock options are very complex. From their tax treatment to the many risks involved, it’s important that you both educate yourself and surround yourself with a professional team of advisors to avoid potentially devastating financial missteps. 

The bottom line: Don’t exercise your company stock options without the help of a fiduciary financial advisor and tax expert. 

But for the sake of better understanding what they are and how they work, here’s an overview.

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Which Retirement Accounts are Best for Business Owners?

Which Retirement Accounts are Best for Business Owners?

As a business owner, planning for the future of your company is a necessity, and retirement is a crucial part of that. Taking care of employees is important, but you also want to ensure you make the right decisions about your own retirement to maximize your tax-deferred contributions. 

There are plenty of options to choose from when planning your retirement. But are there certain accounts that are better for business owners? 

Well, yes, there are. Here are the best retirement account choices for business owners.

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What No One Tells You About Investing

What No One Tells You About Investing

In this article, I want to help you make informed decisions toward building your wealth. Decisions that are rooted in purpose and aligned with your goals. Fortunately, the best investment wisdom is often the simplest. If you follow these basic, time-tested, easy-to-apply truths to managing your money, you may be pleasantly surprised at how effective you are at growing your portfolio with a newfound sense of clarity over how you’re doing so.

Here are five simple and elegant truths that will change the way you think about investing. 

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What’s in the CARES Act?

What’s in the CARES Act?

With America facing a crisis of historic proportions amid the COVID-19 pandemic, the president recently signed the $2 trillion federal aid package to provide economic support to families, business owners, and even the self-employed. Here’s what’s in the CARES Act.

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Should You Pursue the FIRE Movement?

Should You Pursue the FIRE Movement?

It may be what you’re ultimately striving for, it may not: here’s why. There is a lot of recent attention given to this laudable goal of reaching FIRE: Financial Independence Retire Early movement. I guess on the one hand retiring at age 35 or 45 does sound dreamy,...

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EP 152 | Your End of Year Wealth Building Checklist

EP 152 | Your End of Year Wealth Building Checklist

Welcome to episode 152 of The Retirement Years on Profit Boss® Radio! In this episode, I'm going to walk you through my end of year wealth building checklist - everything you need to do between now and December 31st to save literally thousands of dollars on your next...

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EP 151 | How to Master Healthy Living

EP 151 | How to Master Healthy Living

Welcome to episode 151 of Profit Boss® Radio! In the last several episodes I have shared that my team and I have been doing some deep soul searching in a coached environment. We have been asking ourselves the following questions: What is our purpose? What fulfills us?...

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