-
How Restricted Stock Units (RSUs) Work and How They're Taxed
In layperson’s terms, an RSU is just a way for a public or large private company to incentivize you to stick around longer, because they’re paying part of your compensation in stock. Here's how they work and how you'll be taxed for 'em.
Watch the full episode on employee stock options: https://youtu.be/GmldhDAcO5c.
-
🎧 CHECK OUT THE MONEY WITH KATIE SHOW PODCAST: https://open.spotify.com/show/3KyldJHhXZPr8ERjKDASBh?si=25d018c52c804435
💌 SIGN UP FOR MY WEEKLY FREE NEWSLETTER: https://www.morningbrew.com/money-with-katie/subscribe
💸 JOIN THE 2025 MONEY WITH KATIE WEALTH PLANNER WAITLIST FOR A 25% DISCOUNT AT LAUNCH: https://www.morningbrew.com/money-with-katie/subscribe/mwk-wealth-planner-2025
MY FREE ONLINE COURSES:
☕ Financial Independence 101:
https://moneywithkatie.thrivecart.com/fi...
published: 05 Feb 2023
-
Restricted Stock Units: The Basics & Taxes
Restricted Stock Units, or RSUs, are one of the most common forms of equity compensation for tech professionals.
What does it mean to be restricted?
How is it different than actual stock?
What happens at vesting (and tell me again what "vesting" is...)?
When does it trigger taxes, and what kind?
What should I think about when deciding whether to sell vs. hold?
I use an example to explain how RSUs work and a couple of things to think about when deciding what to do with them.
https://www.javawealth.com
#personalfinance #money #stockcompensation
published: 10 Dec 2020
-
How To Maximize Restricted Stock Units (RSUs)
How To Maximize Restricted Stock Units
This video covers everything you need to know about Restricted Stock Units (RSUs). We'll cover all the basics of RSUs, how they're treated when it comes to taxes, and other considerations you need to know if you have RSUs.
✍️ HELPFUL LINKS ✍️
✦Learn more about Wealthfront 👉 http://bit.ly/3X4WmXr
🕒 TIMESTAMPS 🕒
00:00 -- What are RSUs?
01:03 -- Key RSU dates
02:29 -- How RSUs are taxed
04:32 -- When to sell RSUs
05:48 -- Understanding RSUs as compensation
06:42 -- RSU pros vs cons
📝 DISCLOSURE 📝
This communication is for informational purposes only and should not be construed as investment advice. Opinions expressed by Tony are his own and do not necessarily reflect the opinions of Wealthfront. Wealthfront doesn't provide tax advice and investors ...
published: 06 Dec 2022
-
What's the Best Time to Sell Restricted Stock Units (RSUs)?
What's the Best Time to Sell Restricted Stock Units (RSUs)?
Take Your Finances to the Next Level ➡️ Subscribe now: https://www.youtube.com/c/MoneyGuyShow?sub_confirmation=1
Download FREE Financial Resources from the show ➡️ https://www.moneyguy.com/resources/
Sign up for the Financial Order of Operations course ➡️ https://learn.moneyguy.com/
Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info ➡️ https://www.moneyguy.com/work-with-us/
Facebook: https://www.facebook.com/themoneyguyshow/
Instagram: https://www.instagram.com/moneyguyshow/
Twitter: https://twitter.com/moneyguyshow
Let’s make sure you’re on the p...
published: 25 Jul 2021
-
RSU Taxes Explained + How to Lower Your RSU Tax Bill (Restricted Stock Units)
In this video, I walk through how RSUs are taxed so you won't get blind sided when your RSUs vest.
Detailed Article: https://onedegreeadvisors.com/2022/05/rsu-taxation-how-to-reduce-your-rsu-tax-bill-2022/
SUBSCRIBE: / @purposebuiltwealth
More about me: https://mattcalcagno.com/about
Follow me on Twitter: https://twitter.com/mattycalc
My firm: https://onedegreeadvisors.com/
⚠️ "DISCLAIMER:⚠️
All content is not to be received as financial advice and each individual should consult with their dedicated financial planner, tax preparer, estate attorney, etc. before making any financial decisions.
All contents provided by This Channel is meant for EDUCATIONAL AND ENTERTAINMENT PURPOSE only.
This does not constitute an investment recommendation. Investing involves risk. Past performance...
published: 31 Aug 2023
-
Restricted Stock Units (RSUs) Explained | DO THIS for Maximum Benefit!
RSU are additional compensation given to employees in the form of company stock. What do you do with them? How are they taxed? Watch to find out.
📈 LIMITED TIME: Get 2 free stocks from WeBull (worth up to $1850!): https://act.webull.com/invite/share.html?inviteCode=kc8kx53NV6EK
👉 Invest with Robinhood for a free stock: https://join.robinhood.com/arjunv26
💸 Get $10 in crypto with Coinbase: https://www.coinbase.com/join/varma_r74
✦ Get $20 with Rakuten cashback: https://www.rakuten.com/r/AWESOM2664?eeid=28187
It’s called “restricted” because you don’t actually own these stocks as soon as it is offered to you. There is a grant date when the shares are promised to you and a vesting date when you actually own the shares. There is also a vesting schedule that determines the length and frequenc...
published: 05 Jul 2020
-
3 Ways to MAXIMIZE Your RSUs - What are Restricted Stock Units and How To Use Them.
Restricted Stock Units (RSUs) are the main portion of a Software Engineer's Total Compensation at a tech company. However, there are plenty of Software Engineers unfamiliar with the best ways to leverage your stock units to get the most out of them for your goals. In this video, I go over the 3 main options that you have with your RSUs:
1. Keep them invested in the company
2. Sell and Re-invest in something less volatile (@itsrosehan has great videos on this)
3. Sell and use as cash.
All 3 have their pros and cons and you should pick the one best for your needs!
published: 29 Aug 2020
-
Restricted Stock Units: Common Mistakes
Since you are typically paying taxes when you take ownership of the restricted stock unit (RSU), your employer will automatically withhold some amount…this is where the first mistake occurs for most employees. Typically, employers will automatically withhold 22%, and that works if you are in the 22% tax bracket, but most equity-compensated employees have income that puts them well above this bracket. That means you might owe some tax come April…and it could be a fair amount.
Additionally, remember that each RSU that vests will increase your taxable income unless you have elected to defer through the 409a election. This could jump you up into additional tax brackets, especially if the stock has appreciated significantly, or if it is a large grant or grants are vesting.
For most, it’s b...
published: 18 Oct 2022
-
You're getting DOUBLE TAXED on your RSU | How to avoid Restricted Stock Units DOUBLE TAX
This video will explain to you how you can get DOUBLE-TAXED on your RSU, and what you need to do to avoid this. This is a basic presentation on how to file taxes on your RSU (Restricted Stock Units).
🔴 Check out more similar videos
====================================================
TurboTax steps to avoid RSU & ESPP double tax - https://bit.ly/36cMV2G
Backdoor ROTH IRA TurboTax tutorial: https://bit.ly/3JENBvq
Know your employee benefits (HSA, 401k, ESPP & more): https://bit.ly/39KGOjW
How to avoid getting double-taxed on your ESPP: https://bit.ly/3AJYZ5f
Learn about the 401k: https://bit.ly/3HkB1S3
How to read your payslip: https://bit.ly/3gI5mOp
401k investment tips for beginners: https://bit.ly/3guid6B
🔴 Journeys of the Conscious Engineer
==========================================...
published: 08 Mar 2022
8:28
How Restricted Stock Units (RSUs) Work and How They're Taxed
In layperson’s terms, an RSU is just a way for a public or large private company to incentivize you to stick around longer, because they’re paying part of your ...
In layperson’s terms, an RSU is just a way for a public or large private company to incentivize you to stick around longer, because they’re paying part of your compensation in stock. Here's how they work and how you'll be taxed for 'em.
Watch the full episode on employee stock options: https://youtu.be/GmldhDAcO5c.
-
🎧 CHECK OUT THE MONEY WITH KATIE SHOW PODCAST: https://open.spotify.com/show/3KyldJHhXZPr8ERjKDASBh?si=25d018c52c804435
💌 SIGN UP FOR MY WEEKLY FREE NEWSLETTER: https://www.morningbrew.com/money-with-katie/subscribe
💸 JOIN THE 2025 MONEY WITH KATIE WEALTH PLANNER WAITLIST FOR A 25% DISCOUNT AT LAUNCH: https://www.morningbrew.com/money-with-katie/subscribe/mwk-wealth-planner-2025
MY FREE ONLINE COURSES:
☕ Financial Independence 101:
https://moneywithkatie.thrivecart.com/financial-independence-101/?utm_campaign=mwk_nl_yt&utm_medium=multimedia&utm_source=youtube
🌱 Personal Finance 101: https://moneywithkatie.thrivecart.com/personal-finance-101?utm_campaign=mwk_nl_yt&utm_medium=multimedia&utm_source=youtube
📈 Investing 101:
https://moneywithkatie.thrivecart.com/investing-101?utm_campaign=mwk_nl_yt&utm_medium=multimedia&utm_source=youtube
✈️ Travel Rewards 101:
https://www.morningbrew.com/money-with-katie/subscribe/travel-rewards-101?utm_campaign=mwk_nl_yt&utm_medium=multimedia&utm_source=youtube
MY PREMIUM ONLINE COURSES:
🤑 Budget Like a Millionaire | Learn how to create a spending plan that actually works (free Wealth Planner included): https://education.morningbrew.com/budget ($147)
MY KEY LINKS
🌍 My blog - www.moneywithkatie.com
📸 Instagram - https://instagram.com/moneywithkatie
ABOUT MONEY WITH KATIE:
Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.
#MoneyWithKatie #PersonalFinance #RSUs #RestrictedStockUnits #Investing #Money
https://wn.com/How_Restricted_Stock_Units_(Rsus)_Work_And_How_They're_Taxed
In layperson’s terms, an RSU is just a way for a public or large private company to incentivize you to stick around longer, because they’re paying part of your compensation in stock. Here's how they work and how you'll be taxed for 'em.
Watch the full episode on employee stock options: https://youtu.be/GmldhDAcO5c.
-
🎧 CHECK OUT THE MONEY WITH KATIE SHOW PODCAST: https://open.spotify.com/show/3KyldJHhXZPr8ERjKDASBh?si=25d018c52c804435
💌 SIGN UP FOR MY WEEKLY FREE NEWSLETTER: https://www.morningbrew.com/money-with-katie/subscribe
💸 JOIN THE 2025 MONEY WITH KATIE WEALTH PLANNER WAITLIST FOR A 25% DISCOUNT AT LAUNCH: https://www.morningbrew.com/money-with-katie/subscribe/mwk-wealth-planner-2025
MY FREE ONLINE COURSES:
☕ Financial Independence 101:
https://moneywithkatie.thrivecart.com/financial-independence-101/?utm_campaign=mwk_nl_yt&utm_medium=multimedia&utm_source=youtube
🌱 Personal Finance 101: https://moneywithkatie.thrivecart.com/personal-finance-101?utm_campaign=mwk_nl_yt&utm_medium=multimedia&utm_source=youtube
📈 Investing 101:
https://moneywithkatie.thrivecart.com/investing-101?utm_campaign=mwk_nl_yt&utm_medium=multimedia&utm_source=youtube
✈️ Travel Rewards 101:
https://www.morningbrew.com/money-with-katie/subscribe/travel-rewards-101?utm_campaign=mwk_nl_yt&utm_medium=multimedia&utm_source=youtube
MY PREMIUM ONLINE COURSES:
🤑 Budget Like a Millionaire | Learn how to create a spending plan that actually works (free Wealth Planner included): https://education.morningbrew.com/budget ($147)
MY KEY LINKS
🌍 My blog - www.moneywithkatie.com
📸 Instagram - https://instagram.com/moneywithkatie
ABOUT MONEY WITH KATIE:
Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.
#MoneyWithKatie #PersonalFinance #RSUs #RestrictedStockUnits #Investing #Money
- published: 05 Feb 2023
- views: 23085
7:18
Restricted Stock Units: The Basics & Taxes
Restricted Stock Units, or RSUs, are one of the most common forms of equity compensation for tech professionals.
What does it mean to be restricted?
How is it ...
Restricted Stock Units, or RSUs, are one of the most common forms of equity compensation for tech professionals.
What does it mean to be restricted?
How is it different than actual stock?
What happens at vesting (and tell me again what "vesting" is...)?
When does it trigger taxes, and what kind?
What should I think about when deciding whether to sell vs. hold?
I use an example to explain how RSUs work and a couple of things to think about when deciding what to do with them.
https://www.javawealth.com
#personalfinance #money #stockcompensation
https://wn.com/Restricted_Stock_Units_The_Basics_Taxes
Restricted Stock Units, or RSUs, are one of the most common forms of equity compensation for tech professionals.
What does it mean to be restricted?
How is it different than actual stock?
What happens at vesting (and tell me again what "vesting" is...)?
When does it trigger taxes, and what kind?
What should I think about when deciding whether to sell vs. hold?
I use an example to explain how RSUs work and a couple of things to think about when deciding what to do with them.
https://www.javawealth.com
#personalfinance #money #stockcompensation
- published: 10 Dec 2020
- views: 102985
9:07
How To Maximize Restricted Stock Units (RSUs)
How To Maximize Restricted Stock Units
This video covers everything you need to know about Restricted Stock Units (RSUs). We'll cover all the basics of RSUs, h...
How To Maximize Restricted Stock Units
This video covers everything you need to know about Restricted Stock Units (RSUs). We'll cover all the basics of RSUs, how they're treated when it comes to taxes, and other considerations you need to know if you have RSUs.
✍️ HELPFUL LINKS ✍️
✦Learn more about Wealthfront 👉 http://bit.ly/3X4WmXr
🕒 TIMESTAMPS 🕒
00:00 -- What are RSUs?
01:03 -- Key RSU dates
02:29 -- How RSUs are taxed
04:32 -- When to sell RSUs
05:48 -- Understanding RSUs as compensation
06:42 -- RSU pros vs cons
📝 DISCLOSURE 📝
This communication is for informational purposes only and should not be construed as investment advice. Opinions expressed by Tony are his own and do not necessarily reflect the opinions of Wealthfront. Wealthfront doesn't provide tax advice and investors are encouraged to consult with their personal tax advisors to discuss tax-related matters specific to their situation. Investing involves risk, including possible monetary loss, and past performance doesn't guarantee future performance. Wealthfront Advisers LLC, an SEC registered investment adviser, Wealthfront Brokerage LLC, member FINRA/SIPC.
Sources
https://blog.wealthfront.com/stock-options-versus-rsu/
https://www.investopedia.com/terms/1/83b-election.asp
https://www.wealthfront.com/blog/equity-ipo-guide/exercising-stock-options
https://www.nerdwallet.com/article/investing/isos
https://www.investopedia.com/articles/stocks/12/introduction-incentive-stock-options.asp
https://www.investopedia.com/articles/tax/09/restricted-stock-tax.asp
https://www.investopedia.com/articles/personal-finance/101515/comparing-longterm-vs-shortterm-capital-gain-tax-rates.asp
https://wn.com/How_To_Maximize_Restricted_Stock_Units_(Rsus)
How To Maximize Restricted Stock Units
This video covers everything you need to know about Restricted Stock Units (RSUs). We'll cover all the basics of RSUs, how they're treated when it comes to taxes, and other considerations you need to know if you have RSUs.
✍️ HELPFUL LINKS ✍️
✦Learn more about Wealthfront 👉 http://bit.ly/3X4WmXr
🕒 TIMESTAMPS 🕒
00:00 -- What are RSUs?
01:03 -- Key RSU dates
02:29 -- How RSUs are taxed
04:32 -- When to sell RSUs
05:48 -- Understanding RSUs as compensation
06:42 -- RSU pros vs cons
📝 DISCLOSURE 📝
This communication is for informational purposes only and should not be construed as investment advice. Opinions expressed by Tony are his own and do not necessarily reflect the opinions of Wealthfront. Wealthfront doesn't provide tax advice and investors are encouraged to consult with their personal tax advisors to discuss tax-related matters specific to their situation. Investing involves risk, including possible monetary loss, and past performance doesn't guarantee future performance. Wealthfront Advisers LLC, an SEC registered investment adviser, Wealthfront Brokerage LLC, member FINRA/SIPC.
Sources
https://blog.wealthfront.com/stock-options-versus-rsu/
https://www.investopedia.com/terms/1/83b-election.asp
https://www.wealthfront.com/blog/equity-ipo-guide/exercising-stock-options
https://www.nerdwallet.com/article/investing/isos
https://www.investopedia.com/articles/stocks/12/introduction-incentive-stock-options.asp
https://www.investopedia.com/articles/tax/09/restricted-stock-tax.asp
https://www.investopedia.com/articles/personal-finance/101515/comparing-longterm-vs-shortterm-capital-gain-tax-rates.asp
- published: 06 Dec 2022
- views: 10410
3:37
What's the Best Time to Sell Restricted Stock Units (RSUs)?
What's the Best Time to Sell Restricted Stock Units (RSUs)?
Take Your Finances to the Next Level ➡️ Subscribe now: https://www.youtube.com/c/MoneyGuyShow?sub_co...
What's the Best Time to Sell Restricted Stock Units (RSUs)?
Take Your Finances to the Next Level ➡️ Subscribe now: https://www.youtube.com/c/MoneyGuyShow?sub_confirmation=1
Download FREE Financial Resources from the show ➡️ https://www.moneyguy.com/resources/
Sign up for the Financial Order of Operations course ➡️ https://learn.moneyguy.com/
Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info ➡️ https://www.moneyguy.com/work-with-us/
Facebook: https://www.facebook.com/themoneyguyshow/
Instagram: https://www.instagram.com/moneyguyshow/
Twitter: https://twitter.com/moneyguyshow
Let’s make sure you’re on the path to financial success - then help you stay there!
The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW!
We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTube and your favorite podcast app. Thanks for coming along on the journey with us.
https://wn.com/What's_The_Best_Time_To_Sell_Restricted_Stock_Units_(Rsus)
What's the Best Time to Sell Restricted Stock Units (RSUs)?
Take Your Finances to the Next Level ➡️ Subscribe now: https://www.youtube.com/c/MoneyGuyShow?sub_confirmation=1
Download FREE Financial Resources from the show ➡️ https://www.moneyguy.com/resources/
Sign up for the Financial Order of Operations course ➡️ https://learn.moneyguy.com/
Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info ➡️ https://www.moneyguy.com/work-with-us/
Facebook: https://www.facebook.com/themoneyguyshow/
Instagram: https://www.instagram.com/moneyguyshow/
Twitter: https://twitter.com/moneyguyshow
Let’s make sure you’re on the path to financial success - then help you stay there!
The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW!
We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTube and your favorite podcast app. Thanks for coming along on the journey with us.
- published: 25 Jul 2021
- views: 18450
5:10
RSU Taxes Explained + How to Lower Your RSU Tax Bill (Restricted Stock Units)
In this video, I walk through how RSUs are taxed so you won't get blind sided when your RSUs vest.
Detailed Article: https://onedegreeadvisors.com/2022/05/rsu-...
In this video, I walk through how RSUs are taxed so you won't get blind sided when your RSUs vest.
Detailed Article: https://onedegreeadvisors.com/2022/05/rsu-taxation-how-to-reduce-your-rsu-tax-bill-2022/
SUBSCRIBE: / @purposebuiltwealth
More about me: https://mattcalcagno.com/about
Follow me on Twitter: https://twitter.com/mattycalc
My firm: https://onedegreeadvisors.com/
⚠️ "DISCLAIMER:⚠️
All content is not to be received as financial advice and each individual should consult with their dedicated financial planner, tax preparer, estate attorney, etc. before making any financial decisions.
All contents provided by This Channel is meant for EDUCATIONAL AND ENTERTAINMENT PURPOSE only.
This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you.
Disclosures: https://onedegreeadvisors.com/solutions/#disclosures
0:00 Intro
0:22 Insane tax bill
1:09 Key dates you should know
2:08 Example - Google employee RSUs
2:41 Talk with your tax advisor
2:53 How RSUs are taxed
3:32 Should you cash out your RSUs??
4:21 How to reduce your RSU tax bill
4:51 Message me if you want help with your RSUs
https://wn.com/Rsu_Taxes_Explained_How_To_Lower_Your_Rsu_Tax_Bill_(Restricted_Stock_Units)
In this video, I walk through how RSUs are taxed so you won't get blind sided when your RSUs vest.
Detailed Article: https://onedegreeadvisors.com/2022/05/rsu-taxation-how-to-reduce-your-rsu-tax-bill-2022/
SUBSCRIBE: / @purposebuiltwealth
More about me: https://mattcalcagno.com/about
Follow me on Twitter: https://twitter.com/mattycalc
My firm: https://onedegreeadvisors.com/
⚠️ "DISCLAIMER:⚠️
All content is not to be received as financial advice and each individual should consult with their dedicated financial planner, tax preparer, estate attorney, etc. before making any financial decisions.
All contents provided by This Channel is meant for EDUCATIONAL AND ENTERTAINMENT PURPOSE only.
This does not constitute an investment recommendation. Investing involves risk. Past performance is no guarantee of future results. Consult your financial advisor for what is appropriate for you.
Disclosures: https://onedegreeadvisors.com/solutions/#disclosures
0:00 Intro
0:22 Insane tax bill
1:09 Key dates you should know
2:08 Example - Google employee RSUs
2:41 Talk with your tax advisor
2:53 How RSUs are taxed
3:32 Should you cash out your RSUs??
4:21 How to reduce your RSU tax bill
4:51 Message me if you want help with your RSUs
- published: 31 Aug 2023
- views: 1563
7:17
Restricted Stock Units (RSUs) Explained | DO THIS for Maximum Benefit!
RSU are additional compensation given to employees in the form of company stock. What do you do with them? How are they taxed? Watch to find out.
📈 LIMITED TIM...
RSU are additional compensation given to employees in the form of company stock. What do you do with them? How are they taxed? Watch to find out.
📈 LIMITED TIME: Get 2 free stocks from WeBull (worth up to $1850!): https://act.webull.com/invite/share.html?inviteCode=kc8kx53NV6EK
👉 Invest with Robinhood for a free stock: https://join.robinhood.com/arjunv26
💸 Get $10 in crypto with Coinbase: https://www.coinbase.com/join/varma_r74
✦ Get $20 with Rakuten cashback: https://www.rakuten.com/r/AWESOM2664?eeid=28187
It’s called “restricted” because you don’t actually own these stocks as soon as it is offered to you. There is a grant date when the shares are promised to you and a vesting date when you actually own the shares. There is also a vesting schedule that determines the length and frequency of vesting.
So do you hold or cash out your RSU? If you hold a sizable percentage of your own company stock in your portfolio, it is a good idea to diversify into something like an index fund. You don’t want to put all your eggs into one basket as your salary is also dependent on the same company.
Restricted Stock Units have different tax implications at each stage of the vesting process. When they vest, you will immediately owe income taxes and then may have to pay additional taxes based on when you sell.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
✅ Don’t forget to LIKE, SHARE AND SUBSCRIBE!
👉 Robinhood free stock: https://join.robinhood.com/arjunv26
► Follow us on Instagram! https://www.instagram.com/financewitharjun/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
💰 Credit Cards that we use and love:
1) Earn $200 with Chase Freedom Unlimited/Chase Freedom Flex
https://www.referyourchasecard.com/18a/8Y01CQSORG
2) Get $100 with Discover
https://refer.discover.com/s/ARJUN69
---------------------------
*** Personal Finance books I recommend:
I Will Teach You to be Rich by Ramit Sethi: https://amzn.to/3aDJeTj
Little Book of Common Sense Investing by Jack Bogle: https://amzn.to/37NeWfb
Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3nQ4VDp
The Intelligent Investor by Benjamin Graham: https://amzn.to/3mHzyK1
The Millionaire Next Door by Thomas Stanley: https://amzn.to/2KPES0w
🕒 TIMESTAMPS:
00:00 - Intro
01:08 - What are RSUs?
01:32 - Why is it "Restricted"?
01:53 - Vesting Schedule Explained
02:42 - How do Refreshers Work?
03:17 - Hold or Sell?
05:16 - The MOST IMPORTANT Question
05:38 - Tax Implications
DISCLAIMER:
The advice provided in this video is for informational/entertainment purposes only. The creators take no responsibility for any actions or decisions you may take based on the contents of the video. Please consult a professional for strategies related to your specific needs.
DISCLOSURE:
Some of the links in this description are promo links, meaning that I may receive a small commission when you sign up for these services.
-----------------
ABOUT US:
We want to share our stories and talk about lessons learned while first moving to America, planning our journey to financial literacy, and adopting best practices into our lives.
As internationals, it was difficult to find relevant resources to understand the aspects of life that were different in a new country. Some of us come from places that treat the path to success as a "competition" and as a result, we shy away from having open conversations about money.
This channel is a comfortable space to have those discussions and help each other out!
Music: https://www.bensound.com
#restrictedstockunits #rsu #rsutax
https://wn.com/Restricted_Stock_Units_(Rsus)_Explained_|_Do_This_For_Maximum_Benefit
RSU are additional compensation given to employees in the form of company stock. What do you do with them? How are they taxed? Watch to find out.
📈 LIMITED TIME: Get 2 free stocks from WeBull (worth up to $1850!): https://act.webull.com/invite/share.html?inviteCode=kc8kx53NV6EK
👉 Invest with Robinhood for a free stock: https://join.robinhood.com/arjunv26
💸 Get $10 in crypto with Coinbase: https://www.coinbase.com/join/varma_r74
✦ Get $20 with Rakuten cashback: https://www.rakuten.com/r/AWESOM2664?eeid=28187
It’s called “restricted” because you don’t actually own these stocks as soon as it is offered to you. There is a grant date when the shares are promised to you and a vesting date when you actually own the shares. There is also a vesting schedule that determines the length and frequency of vesting.
So do you hold or cash out your RSU? If you hold a sizable percentage of your own company stock in your portfolio, it is a good idea to diversify into something like an index fund. You don’t want to put all your eggs into one basket as your salary is also dependent on the same company.
Restricted Stock Units have different tax implications at each stage of the vesting process. When they vest, you will immediately owe income taxes and then may have to pay additional taxes based on when you sell.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
✅ Don’t forget to LIKE, SHARE AND SUBSCRIBE!
👉 Robinhood free stock: https://join.robinhood.com/arjunv26
► Follow us on Instagram! https://www.instagram.com/financewitharjun/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
💰 Credit Cards that we use and love:
1) Earn $200 with Chase Freedom Unlimited/Chase Freedom Flex
https://www.referyourchasecard.com/18a/8Y01CQSORG
2) Get $100 with Discover
https://refer.discover.com/s/ARJUN69
---------------------------
*** Personal Finance books I recommend:
I Will Teach You to be Rich by Ramit Sethi: https://amzn.to/3aDJeTj
Little Book of Common Sense Investing by Jack Bogle: https://amzn.to/37NeWfb
Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3nQ4VDp
The Intelligent Investor by Benjamin Graham: https://amzn.to/3mHzyK1
The Millionaire Next Door by Thomas Stanley: https://amzn.to/2KPES0w
🕒 TIMESTAMPS:
00:00 - Intro
01:08 - What are RSUs?
01:32 - Why is it "Restricted"?
01:53 - Vesting Schedule Explained
02:42 - How do Refreshers Work?
03:17 - Hold or Sell?
05:16 - The MOST IMPORTANT Question
05:38 - Tax Implications
DISCLAIMER:
The advice provided in this video is for informational/entertainment purposes only. The creators take no responsibility for any actions or decisions you may take based on the contents of the video. Please consult a professional for strategies related to your specific needs.
DISCLOSURE:
Some of the links in this description are promo links, meaning that I may receive a small commission when you sign up for these services.
-----------------
ABOUT US:
We want to share our stories and talk about lessons learned while first moving to America, planning our journey to financial literacy, and adopting best practices into our lives.
As internationals, it was difficult to find relevant resources to understand the aspects of life that were different in a new country. Some of us come from places that treat the path to success as a "competition" and as a result, we shy away from having open conversations about money.
This channel is a comfortable space to have those discussions and help each other out!
Music: https://www.bensound.com
#restrictedstockunits #rsu #rsutax
- published: 05 Jul 2020
- views: 73389
7:22
3 Ways to MAXIMIZE Your RSUs - What are Restricted Stock Units and How To Use Them.
Restricted Stock Units (RSUs) are the main portion of a Software Engineer's Total Compensation at a tech company. However, there are plenty of Software Engineer...
Restricted Stock Units (RSUs) are the main portion of a Software Engineer's Total Compensation at a tech company. However, there are plenty of Software Engineers unfamiliar with the best ways to leverage your stock units to get the most out of them for your goals. In this video, I go over the 3 main options that you have with your RSUs:
1. Keep them invested in the company
2. Sell and Re-invest in something less volatile (@itsrosehan has great videos on this)
3. Sell and use as cash.
All 3 have their pros and cons and you should pick the one best for your needs!
https://wn.com/3_Ways_To_Maximize_Your_Rsus_What_Are_Restricted_Stock_Units_And_How_To_Use_Them.
Restricted Stock Units (RSUs) are the main portion of a Software Engineer's Total Compensation at a tech company. However, there are plenty of Software Engineers unfamiliar with the best ways to leverage your stock units to get the most out of them for your goals. In this video, I go over the 3 main options that you have with your RSUs:
1. Keep them invested in the company
2. Sell and Re-invest in something less volatile (@itsrosehan has great videos on this)
3. Sell and use as cash.
All 3 have their pros and cons and you should pick the one best for your needs!
- published: 29 Aug 2020
- views: 20506
4:53
Restricted Stock Units: Common Mistakes
Since you are typically paying taxes when you take ownership of the restricted stock unit (RSU), your employer will automatically withhold some amount…this is w...
Since you are typically paying taxes when you take ownership of the restricted stock unit (RSU), your employer will automatically withhold some amount…this is where the first mistake occurs for most employees. Typically, employers will automatically withhold 22%, and that works if you are in the 22% tax bracket, but most equity-compensated employees have income that puts them well above this bracket. That means you might owe some tax come April…and it could be a fair amount.
Additionally, remember that each RSU that vests will increase your taxable income unless you have elected to defer through the 409a election. This could jump you up into additional tax brackets, especially if the stock has appreciated significantly, or if it is a large grant or grants are vesting.
For most, it’s better to know beforehand than to get surprised with an IOU from the government. There may be certain deductions you want to take advantage of in a high-income tax year, an area we help our clients out with.
The second mistake our advisors see is overconcentration. As the RSUs vest, the employee often builds up a large concentration in their company’s stock...and the “feels” start to set it.
“I feel like I should hold on until we get back to $75 because we were at $75 just six months ago.”
“I feel like we are headed to $78 a share because our earnings will be pretty strong.”
These are intuitive statements, and unfortunately, intuition can feel good when it’s right and not so great when it’s wrong. Having both your income and a large chunk of your net worth attached to one company’s well-being is likely an “uncompensated risk,” which many employees may have been reminded of when their company performance is declining in conjunction with their stock price or during general market declines.
Understandably, there is a sense of paralysis here, maybe because of the complex questions you may be facing:
“How much should I sell, and why?”
“What will the tax bill be?”
You may understand that you need to diversify away, but what should you diversify away to?
This is where we can help. Not only will we provide an equity compensation report, but being a full-service financial planning firm, we will consider the entirety of your financial plan.
#RestrictedStockUnits #RSU #RSUs
Schedule a time to chat with Mike: https://www.marinerwealthadvisors.com/why-mariner-wealth-advisors/?utm_source=youtube&utm_medium=video&utm_campaign=why_mariner_wealth_advisors
For more information, please visit us online at https://www.marinerwealthadvisors.com/
Subscribe and listen to our podcast, Your Life, Simplified
Apple Podcasts - https://podcasts.apple.com/us/podcast/your-life-simplified/id1376384029
Spotify - https://open.spotify.com/show/2vZ0s75WQLuyoyy0ZMhpbj?si=442129d9b66044e4
CONNECT WITH US ON SOCIAL
LinkedIn - https://www.linkedin.com/company/mariner-wealth-advisors/
Facebook - https://www.facebook.com/MarinerWealthAdvisor
Twitter - https://twitter.com/marinerwealth
Instagram - https://www.instagram.com/marinerwealthadvisors/
===================================================================================
These videos are limited to the dissemination of general information and are not intended to be legal or investment advice. Nothing herein should be relied upon as such. The views expressed are for informational purposes only and do not take into account any individual personal, financial, or tax considerations. There is no guarantee that any claims made will come to pass.
Disclosures: https://www.marinerwealthadvisors.com/video-disclosures/
https://wn.com/Restricted_Stock_Units_Common_Mistakes
Since you are typically paying taxes when you take ownership of the restricted stock unit (RSU), your employer will automatically withhold some amount…this is where the first mistake occurs for most employees. Typically, employers will automatically withhold 22%, and that works if you are in the 22% tax bracket, but most equity-compensated employees have income that puts them well above this bracket. That means you might owe some tax come April…and it could be a fair amount.
Additionally, remember that each RSU that vests will increase your taxable income unless you have elected to defer through the 409a election. This could jump you up into additional tax brackets, especially if the stock has appreciated significantly, or if it is a large grant or grants are vesting.
For most, it’s better to know beforehand than to get surprised with an IOU from the government. There may be certain deductions you want to take advantage of in a high-income tax year, an area we help our clients out with.
The second mistake our advisors see is overconcentration. As the RSUs vest, the employee often builds up a large concentration in their company’s stock...and the “feels” start to set it.
“I feel like I should hold on until we get back to $75 because we were at $75 just six months ago.”
“I feel like we are headed to $78 a share because our earnings will be pretty strong.”
These are intuitive statements, and unfortunately, intuition can feel good when it’s right and not so great when it’s wrong. Having both your income and a large chunk of your net worth attached to one company’s well-being is likely an “uncompensated risk,” which many employees may have been reminded of when their company performance is declining in conjunction with their stock price or during general market declines.
Understandably, there is a sense of paralysis here, maybe because of the complex questions you may be facing:
“How much should I sell, and why?”
“What will the tax bill be?”
You may understand that you need to diversify away, but what should you diversify away to?
This is where we can help. Not only will we provide an equity compensation report, but being a full-service financial planning firm, we will consider the entirety of your financial plan.
#RestrictedStockUnits #RSU #RSUs
Schedule a time to chat with Mike: https://www.marinerwealthadvisors.com/why-mariner-wealth-advisors/?utm_source=youtube&utm_medium=video&utm_campaign=why_mariner_wealth_advisors
For more information, please visit us online at https://www.marinerwealthadvisors.com/
Subscribe and listen to our podcast, Your Life, Simplified
Apple Podcasts - https://podcasts.apple.com/us/podcast/your-life-simplified/id1376384029
Spotify - https://open.spotify.com/show/2vZ0s75WQLuyoyy0ZMhpbj?si=442129d9b66044e4
CONNECT WITH US ON SOCIAL
LinkedIn - https://www.linkedin.com/company/mariner-wealth-advisors/
Facebook - https://www.facebook.com/MarinerWealthAdvisor
Twitter - https://twitter.com/marinerwealth
Instagram - https://www.instagram.com/marinerwealthadvisors/
===================================================================================
These videos are limited to the dissemination of general information and are not intended to be legal or investment advice. Nothing herein should be relied upon as such. The views expressed are for informational purposes only and do not take into account any individual personal, financial, or tax considerations. There is no guarantee that any claims made will come to pass.
Disclosures: https://www.marinerwealthadvisors.com/video-disclosures/
- published: 18 Oct 2022
- views: 18422
8:47
You're getting DOUBLE TAXED on your RSU | How to avoid Restricted Stock Units DOUBLE TAX
This video will explain to you how you can get DOUBLE-TAXED on your RSU, and what you need to do to avoid this. This is a basic presentation on how to file taxe...
This video will explain to you how you can get DOUBLE-TAXED on your RSU, and what you need to do to avoid this. This is a basic presentation on how to file taxes on your RSU (Restricted Stock Units).
🔴 Check out more similar videos
====================================================
TurboTax steps to avoid RSU & ESPP double tax - https://bit.ly/36cMV2G
Backdoor ROTH IRA TurboTax tutorial: https://bit.ly/3JENBvq
Know your employee benefits (HSA, 401k, ESPP & more): https://bit.ly/39KGOjW
How to avoid getting double-taxed on your ESPP: https://bit.ly/3AJYZ5f
Learn about the 401k: https://bit.ly/3HkB1S3
How to read your payslip: https://bit.ly/3gI5mOp
401k investment tips for beginners: https://bit.ly/3guid6B
🔴 Journeys of the Conscious Engineer
====================================================
Personal Finance Videos: https://bit.ly/TheConsciousEngineerPersonalFinance
Make your own food (vegetarian):
https://bit.ly/SavingTheWorld1MealAtATime
Subscribe! Thanks! https://bit.ly/KindJujubesYoutube
🔴 Disclaimer
====================================================
The author of this video is not a certified financial advisor nor a tax expert. Please consume this video for educational purposes only and not take it as professional financial advice.
🔴 Summary
====================================================
RSU(s), Restricted Stock Units, are a common form of benefit tech companies offer their employees in this day and age.
However, how RSUs are taxed is not commonly known. The way the brokers record the details of your RSU sales is also not commonly known.
RSUs are actually considered as traditional income and are taxed as such on the day they vest. Your company withholds the amount of stocks equaling the amount of taxes you owe to the government. So the cost basis of your RSUs is the after-taxed value on the vesting day. The complication comes when you sold these RSUs and have to report this sale in your tax returns.
Brokers do not report this cost basis in Form 1099-B and instead report a $0! This makes it look like your after-taxed RSU value is a capital gain! And as such will be taxed as capital gains again! This is the RSU double tax phenomenon.
This can be fixed by correctly reporting your ADJUSTED COST BASIS (which is the actual after-taxed RSU value you acquired on vesting day) in your tax returns. Brokers provide this number in a SUPPLEMENT FORM to Form 1099-B.
When filing RSU taxes, Form 8949 is needed. Watch the video for more details on how to make sure Form 8949 is being prepared in the correct manner to avoid RSU double tax. It should have the correct adjusted cost basis.
🔴 Timestamps
====================================================
0:00 - Intro
0:52 - 2 Types of taxes in America
1:18 - How RSU works
3:25 - How RSU can get double-taxed
5:03 - What to do to avoid RSU double tax
6:28 - How to make sure you got it right (Form 8949)
🔴 Other
====================================================
Instructions to Form 8949: https://www.irs.gov/pub/irs-pdf/i8949.pdf
#RSU #RSUtax #RSUdoubletax
https://wn.com/You're_Getting_Double_Taxed_On_Your_Rsu_|_How_To_Avoid_Restricted_Stock_Units_Double_Tax
This video will explain to you how you can get DOUBLE-TAXED on your RSU, and what you need to do to avoid this. This is a basic presentation on how to file taxes on your RSU (Restricted Stock Units).
🔴 Check out more similar videos
====================================================
TurboTax steps to avoid RSU & ESPP double tax - https://bit.ly/36cMV2G
Backdoor ROTH IRA TurboTax tutorial: https://bit.ly/3JENBvq
Know your employee benefits (HSA, 401k, ESPP & more): https://bit.ly/39KGOjW
How to avoid getting double-taxed on your ESPP: https://bit.ly/3AJYZ5f
Learn about the 401k: https://bit.ly/3HkB1S3
How to read your payslip: https://bit.ly/3gI5mOp
401k investment tips for beginners: https://bit.ly/3guid6B
🔴 Journeys of the Conscious Engineer
====================================================
Personal Finance Videos: https://bit.ly/TheConsciousEngineerPersonalFinance
Make your own food (vegetarian):
https://bit.ly/SavingTheWorld1MealAtATime
Subscribe! Thanks! https://bit.ly/KindJujubesYoutube
🔴 Disclaimer
====================================================
The author of this video is not a certified financial advisor nor a tax expert. Please consume this video for educational purposes only and not take it as professional financial advice.
🔴 Summary
====================================================
RSU(s), Restricted Stock Units, are a common form of benefit tech companies offer their employees in this day and age.
However, how RSUs are taxed is not commonly known. The way the brokers record the details of your RSU sales is also not commonly known.
RSUs are actually considered as traditional income and are taxed as such on the day they vest. Your company withholds the amount of stocks equaling the amount of taxes you owe to the government. So the cost basis of your RSUs is the after-taxed value on the vesting day. The complication comes when you sold these RSUs and have to report this sale in your tax returns.
Brokers do not report this cost basis in Form 1099-B and instead report a $0! This makes it look like your after-taxed RSU value is a capital gain! And as such will be taxed as capital gains again! This is the RSU double tax phenomenon.
This can be fixed by correctly reporting your ADJUSTED COST BASIS (which is the actual after-taxed RSU value you acquired on vesting day) in your tax returns. Brokers provide this number in a SUPPLEMENT FORM to Form 1099-B.
When filing RSU taxes, Form 8949 is needed. Watch the video for more details on how to make sure Form 8949 is being prepared in the correct manner to avoid RSU double tax. It should have the correct adjusted cost basis.
🔴 Timestamps
====================================================
0:00 - Intro
0:52 - 2 Types of taxes in America
1:18 - How RSU works
3:25 - How RSU can get double-taxed
5:03 - What to do to avoid RSU double tax
6:28 - How to make sure you got it right (Form 8949)
🔴 Other
====================================================
Instructions to Form 8949: https://www.irs.gov/pub/irs-pdf/i8949.pdf
#RSU #RSUtax #RSUdoubletax
- published: 08 Mar 2022
- views: 25679