Merck Employees: Maximize Your RSU Earnings
Merck Employees: Maximize Your RSU Earnings
About RSUs
A Restricted Stock Unit, or RSU, is a type of compensation that a company provides to its employees in lieu of traditional wages like a salary or bonus.
Whether you sell your Restricted Stock Units (RSUs) or not, complex tax rules may be governing them. The amount withheld by your employer will not necessarily be enough to cover the complete amount of the taxes due on this income.
Restricted Stock Unit expert Malcolm Ethridge, CFP®, and Zoe’s CEO Andres Garcia-Amaya, CFA, discuss the main things you should watch out for, common mistakes, and steps to plan ahead to maximize your RSU earnings as a tech employee.
- Have I already saved a significant cash cushion or emergency reserves?
- Do I have any financial goals that are non-negotiable, like saving for retirement, sending my child to college?
- How comfortable am I with the possibility that the value of this stock could one day, without warning, dip to zero?
- If the value of this stock were to get cut in half, how would it impact my ability to cover expenses?
Watch the video to learn how to go about each of them and maximize your earnings.
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