- Are you thinking you always have to pay tax from your ESS or ESPP?
- Do you think you will just sell your shares to cover your tax bill each year?
- Do you want to use your ESS or ESPP shares as a foundation for your wealth creation?
There are reasons why you feel these things. That is why I do what I do - helping Technology Professionals transition from Executive Life to Retired Life. So you have come to the right place. Keep reading on.
You don't set aside funds to pay for your tax
Because you don't plan your tax each year, you don't put funds aside or provision money for your future tax. Therefore, you sell shares, which creates more tax for the next year and you are now on a treadmill of lumpy tax and cash flow paymentsMore
You don't know which parcel of shares to sell for the best tax result
If you do need or want to sell your shares, you don't know which parcel of shares to sell for the best tax result. Selling the wrong parcel could make your tax position worseMore