LINE11 CPA PLLC

Tag: finance

  • Backdoor Roth vs. Mega Backdoor Roth — Smart Strategies for High-Income Retirement Planning

    Roth IRAs are a powerful tool for tax-free retirement growth—but many high earners are surprised to find themselves ineligible to contribute directly due to income limits. Fortunately, there are two advanced strategies to consider: the Backdoor Roth IRA and the Mega Backdoor Roth. Here’s what you need to know. 🚪 What Is a Backdoor Roth IRA? The Backdoor Roth is…

  • 401(k) vs IRA — Which One Is Right for You?

    When planning for retirement, most people have heard of 401(k)s and IRAs. But which one should you prioritize? Or can you use both? In this post, we’ll break down the key differences and help you decide what works best for your financial goals. 💼 What Is a 401(k)? A 401(k) is an employer-sponsored retirement plan.…

  • RSU Taxation Demystified: A Practical Guide for High-Earning Professionals

    Restricted Stock Units (RSUs) have become a staple of compensation packages at many firms and other high-growth employers. While the extra equity can materially boost your net worth, misunderstanding the tax rules can just as easily erode it. This article walks you through how, when, and where RSUs are taxed, pinpoints common filing mistakes, and offers…