What is an ESPP? An Employee Stock Purchase Plan (or “ESPP”) allows you to purchase shares of your employer’s stock at a discount. ESPP’s are only available for employees of publicly traded companies. How does an ESPP work? The ESPP has an enrollment period during which you decide what percentage of your paycheck you would […]
Many of our clients give to charity and they do so in a variety of ways. They give cash contributions, their time and energy (e.g. at the local library), their professional services (e.g. on a board of directors), their old vehicles (OPB loves to receive them), their physical labor (e.g. hiking trail maintenance), clothing they no […]
A Restricted Stock Unit (RSU) is share of stock given to an employee as part of an overall compensation agreement. The stock is “restricted” in that the employee must meet certain service terms before the stock is “vested” and owned outright by the employee. Intel, a major electronics manufacturer, is one of many American companies […]
Introduction A retirement plan can be one of the largest assets in a marriage. Despite this, retirement accounts are sometimes overlooked during the divorce process, in part because asset division can be complicated and in part because a divorce can happen years before one or both spouses plan to retire. But forgetting to take a […]
Professional money managers use various tools to measure the value of an investment. One common measure is the Price/Earnings ratio. To get a P/E ratio, take the price of a stock and divide it by its earnings. We will use Facebook. The closing price for FB (its ticker symbol) on Friday was $172.45 and its […]
If you’ve reached a certain age, you may have recently received a letter from your bank, brokerage firm or mutual fund company, informing you that you’ll have to take an RMD before year end – and they may have even told you what the amount is. So what is an RMD? Well, let’s start by […]
We’re pleased a present a look back at 2016 here, courtesy of the professionals at Dimensional Fund Advisors.
The 2017 retirement plan limits have recently been announced by the IRS. These new limits are effective January 1, 2017. If you are an employee and a retirement plan participant, be sure to contact your employer as soon as possible if you wish to change your retirement plan salary deferrals for 2017. Of course, if […]
In his recent Insight column for the Financial Times, Dan McCrum described gold as “the perfect medium for pseudo-analysis”, and argued that the price of gold can never be more than fashion. Click here to read his thought-provoking piece from October 12, 2016.
Experiencing market volatility early in retirement can be a very unsettling experience for a new retiree, and may raise the legitimate concern of whether early early market declines combined with portfolio withdrawals can jeopardize a retirement plan. In fact, the risk – more formally known as “sequence of returns” – is real. The chart below […]