Retirement Matters
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Retirement Matters helps people of all wealth levels plan for their retirement. It helps you for transition to your ideal retirement, Financial Planning, Investment Management, Tax Review and Preparation in Barrington.
Retirement Matters
1y ago
Getting your AbbVie bonus in March is always a great feeling. It's a reward for your hard work and dedication to your job. However, how you choose to spend that bonus can make a significant difference in your financial future. In this blog post, we will explore five ways to spend your bonus, with a focus on the category of giving it all away ..read more
Retirement Matters
1y ago
While this bonus will come along at the same time every year you’re employed and eligible at AbbVie, the amount will vary. Whatever you end up using the money for – be intentional ..read more
Retirement Matters
1y ago
As you go through your annual review and receive an updated Annual Rewards Summary, you’ll be able to see what plan you’re on (Global, Area or Affiliate) and what the target payout was of your salary ..read more
Retirement Matters
1y ago
When you’re looking to invest your AbbVie DCP contributions, it CANNOT happen in a vacuum. You need to consider the other investments you have, what goals you’re trying to achieve, and your risk profile ..read more
Retirement Matters
1y ago
With AbbVie's DCP, you can choose when you want to receive your deferred amount. Often employees will defer while their income is high so that firstly, their income will be taxed at a lower rate, and secondly, they can receive the deferral payments when they are most needed ..read more
Retirement Matters
1y ago
The AbbVie Deferred Compensation Plan (DCP) offers an option for high-earning and essential workers who have used up their tax-deferred savings (such as 401(k), HSA, IRA) and still want to defer income from their current tax situation ..read more
Retirement Matters
1y ago
Imagine this: even though you get AbbVie stock every year as part of the RSU program, you don't need to include that amount in your savings or overall portfolio to achieve the goals that you want to achieve. Let's explore what to do now ..read more
Retirement Matters
1y ago
Withholding on RSUs can be tricky - the rate at which you are withheld varies by company. Some companies have a flat withholding on RSUs for every employee, while others allow you to adjust it. Whether this withholding amount is enough will depend on your overall income and withholding on all sources of income ..read more
Retirement Matters
1y ago
I have worked with clients where both scenarios (selling or holding) make sense. For those building their wealth, it usually makes sense to sell the stock and purchase a diversified portfolio ..read more
Retirement Matters
1y ago
These grants will give an employee a specific number of AbbVie shares after a vesting period. After that period is up, the employee can decide to hold the stock in their accounts or sell and get cash. AbbVie provides these grants to employees each February ..read more