Business
Incentive Stock Options (ISOs) are one of the most complicated forms of employer stock compensation. In this podcast episode, I discuss the basics of ISOs, how they function from a tax perspective and some major pitfalls to be aware of. I also discuss the fear of missing out (FOMO) as it relates to owning employer stock (or any concentrated position for that matter), and why I'm a fan of regret minimization. ISO compensation is one of the most common windfalls I see. Especially, when you're compensated from a private company that goes public, there's the potential to become an 'overnight millionaire'. If you experience that 'pop', I discuss different ways to approach diversifying depending on your short and long term goals. I hope you enjoy the episode! Gratefully, Theodore J. van Gerven, CFP® Fee-Only Financial Planner Modern Wealth Builders, LLC TJ@modernwealthbuilders.com modernwealthbuilders.com