Frequently Asked Questions

• How are RSUs taxed?

  RSUs are taxed as ordinary income at prevailing federal and state income tax rates. RSUs are subject to tax upon delivery, which is usually when they become vested. You should expect the value of your RSU’s vesting in a given year to count toward your taxable iℱncome for that year.

  Learn More: What to Know About Restricted Stock Units
• Cꦿan non-citizens collect Social Security benefits?

  Yes, non-U.S. citizens are eligible for social security. Non-citizens must be in the country legally and have a Social Security number. As with citizens, retirement benefits are only available for workers with a minimum of 40 work credits, which take at least 10 years to accrue. Non-citizens with fewer than 40 credits ma🍰y be able to count work outside the U.S. toward Social Security credits if their home country and the U.S. have a totalization agreement.

  Learn More: How to Advise Non-U.S. Citizens on Soc𝕴ial Security
• Can I donate stock to a charity?

  Yes, securities can be donated to qualified organizations as long as they have a brokerage account with which to accept the gift. Donating stock can offer the donor significant tax savings. The market value of the gifted stock (up to 30% of adjusted gross income if held for 𒐪more than one year) is deductible, and no capital gains tax is paid on the appreciated stock.

  Learn More: A Primer on Philanthropic Vehicles
• What is the Great Wealth Transfer?

  The Great Wealth Transfer is the massive transfer of assets and wealth from Baby Boomers to their Gen X and Millennial children that is expected to unfold over the course of the 2020s. Estimates of exactly how much wealth younger generations will come into vary from a coꦫnservative $30 billion to over $70 billion.

  Learn More: ✃Preparing Clients for a Successful Wealth Transfer
• Are there an⛎y resources🌊 available that can prepare financial advisors and their clients for meetings?

  that cover a variety of financial topics. Each guide includes sections like “Why Does This ෴Matter Now?” and “Where to Start,” along with fillable sections for “Questions to Ask Yourself” and “Questions for a Financial Advisor.”

  Learn More: Financial Advisor Discussion Guides