Browsing Tag:Roanoke

What to do with Company Stock in your Retirement Account (Net Unrealized Appreciation)

It is not uncommon to be awarded company stock in your retirement account. When this happens and it becomes time for you to retire, there are certain moves you can make to achieve better tax outcomes. This is often referred to as “net unrealized appreciation” planning. Here’s how it works. When you are awarded company stock in your 401(k) it tends to appreciate over time. Let’s say you were awarded stock when it was $7/share 30 years ago and now…

The Benefits of a Financial Plan

Financial planning guards against pitfalls. Unfortunately, no one is free from risk and you could lose all your assets by investing poorly, failing to have the proper insurance products, or by exposing yourself to too much risk. Financial planning looks at your entire situation and protects you from these nuclear threats. Your financial health is only as strong as its weakest link. Financial planning increases your chances of success in the future astronomically. Nothing is sure to destroy your future hopes…