As an Amazon employee, you have access to various benefits and opportunities, such as a competitive base salary of up to $350,000, a new hire bonus paid over the first two years, and Restricted Stock Units (RSUs). Your initial RSUs vest over the first four years, but you’ll likely receive more RSU grants throughout your time with the company. Amazon has a 401(k) plan and matches 50% of your contributions up to 4% of your annual salary. Amazon will also allow “Mega Backdoor Roth” contributions up to the IRS limit.
Microsoft offers a competitive compensation package, retirement benefits and other perks. The compensation may include base pay, new hire cash bonus paid within the first 60 days of employment, annual cash bonuses, and Restricted Stock Units (RSUs) that typically vest quarterly. Microsoft’s 401(k) benefit includes a 50% company match, up to $11,500 for 2024, plus “Mega Backdoor Roth” contributions. Microsoft also has the Deferred Compensation Plan (DCP), which is exclusive to Leve 67+ employees, and an Employee Stock Purchase Program (ESPP).
Google compensation structure typically consists of base salary, bonuses and equity. Equity compensation is in the form of Google’s Restricted Stock Units (GSUs). A Noogler’s GSUs will vest over four years, front loaded to receive 66% in the first two years. Typically annual refreshers based on performance will help offset the decreasing amount of GSUs after the first two years. Google’s retirement options, include Traditional & Roth 401(k) options as well as the coveted “Mega Backdoor Roth” option.
Meta’s generous compensation plan often includes a bi-weekly base salary, cash bonuses and Restricted Stock Units (RSUs) which vest evenly over four years. You may receive RSUs as part of your annual compensation or a special one-time award. Meta’s 401(k) offers both the Pre-Tax and Roth option, as well as a generous 50% match up to the IRS limit. Don’t forget about the “Mega Backdoor Roth” for extra tax-free income during retirement!
If you’re a resident or new physician beginning your career, laying a solid financial foundation will allow you to build and grow your wealth from day one. Valiant Financial Planning will help you create a budget, build an emergency fund, and design a plan for repaying your student loans. We will also look into the future and begin building strategies for you based on the different career paths you’re likely considering. We are there for you for these life-changing decisions to help take some of that weight off of your shoulders.
As an established physician, you might be at a stage in your life where you are making more money than you ever thought you would. This might be life changing for you and your family and you want to make sure you are making the smartest decisions with this newfound income. You may be on a path to achieve financial freedom or dream of building generational wealth for a lasting legacy. Valiant Financial Planning will partner with you to build a plan for your life, help optimize your income, explore tax smart strategies and help you balance today’s lifestyle with tomorrow’s goals. Maybe you are thinking about launching your own private practice, have children entering college, or aging parents you want to care for. Whatever your dreams are we are here to help guide you.
You’ve had a successful career and now you’re ready to tackle the next chapter of your life. Maybe you’ve built up a sizable nest egg, a couple of properties or a private practice you need to sell. Whatever the journey you’ve been on, we’re ready to step in and help you take this next leap. Not only should we be evaluating your assets to determine whether you’re able to retire at this point, but we should also be reviewing your estate planning documents, long-term tax strategies, portfolio allocation, and cash flow needs. Valiant Financial Planning can also assist you with charitable giving strategies if you would like to give back to causes and organizations that align with your values.
Our Seven Step Process
Whether you’re a tech pro or a physician, here’s what you can expect if we decide to partner together.
The Complimentary Consultation is our first step. This Zoom meeting or phone call is our chance to get to know each other a little, ask some questions, and determine whether we’re the right fit to help you navigate your journey. We’ll discuss service options, costs, and discuss your primary goals and objectives.
Once you decide to move forward with Valiant FP, you will sign a client engagement letter. This engagement letter will clearly outline the scope and cost of our services so you know exactly what to expect.
This is our first real planning meeting. Here we will dive deep into your current financial picture. We will discuss your cash flow and net worth. We will review your portfolio, Risk & Protection strategies and any special circumstances that are on your mind.
Next, we will look at your future and explore what you want your life to look like. We’ll discuss your current lifestyle as well as the goals you have for your life in the future. We’ll also work to understand what steps you’ve been taking to achieve those goals.
Next we run an evaluation to see whether what you are currently doing is enough to get you to your goals or if there are adjustments we need to make. We will then build out a few potential courses of action and decide which plan is right for you.
Once we’ve collaborated on the right plan for you and your life goals we will finalize the plan for delivery!
Now the work really begins. Once we’ve developed the plan then we need to implement the action items of the plan. Some clients may choose to do this part themselves like their very own “choose your adventure” story while other clients will want Valiant VP to take care of everything for them. Either way, life has a way of putting obstacles in our path, or presenting exciting new possibilities before us so we will be ready to make adjustments as needed!
Are You a Tech Professional or Physician in the Seattle Area?
Schedule a Complimentary Consultation Today!
If you’re a tech professional or physician navigating your financial future in Seattle, Kirkland, Bothell, Bellevue, Redmond, or Woodinville, Valiant Financial Planning is here to help. Schedule your complimentary consultation today to explore how our tailored financial services can support your unique goals and maximize your benefits.