An ESPP, or Employee Stock Purchase Plan, lets employees buy company stock at a discount, often up to 15 percent, through payroll deductions. It can be a smart way to build wealth over time, especially with features like lookbacks, but it's important to understand the tax rules and avoid putting too much of your portfolio into one stock. Disclosures: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. RPC Advisory Group and Cambridge are not affiliated. Content provided via links to third party sites should not be considered an endorsement of third party content. We make no representation as to the completeness or accuracy of information provided at these websites. Reviews on this site may or may not be by clients of the firm. No compensation is being provided for sharing of opinions and experiences on this site. The reviewer’s comments may not be representative of any other person’s experience and is no guarantee of future performance or success.

Choosing between a Roth 401(k) and a Traditional 401(k) comes down to when you want to pay taxes. A Traditional 401(k) gives you a tax break now, but withdrawals in retirement are taxed as income. A Roth 401(k) requires you to pay taxes upfront, but withdrawals in retirement are completely tax-free. If you expect to be in a higher tax bracket later, a Roth may be the better choice. If you want to lower your taxable income now, a Traditional 401(k) could work better. The right choice depends on your income, tax strategy, and long-term goals.

Disclosures:

Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. RPC Advisory Group and Cambridge are not affiliated. Content provided via links to third party sites should not be considered an endorsement of third party content. We make no representation as to the completeness or accuracy of information provided at these websites. Reviews on this site may or may not be by clients of the firm. No compensation is being provided for sharing of opinions and experiences on this site. The reviewer’s comments may not be representative of any other person’s experience and is no guarantee of future performance or success.

Many people panic when the market dips, assuming a recession is happening. A true recession is two consecutive quarters of economic decline, but not every slowdown means a crisis. The biggest mistake people make is reacting emotionally instead of preparing strategically. In this episode, we break down what a recession really is and how to position yourself for long-term financial success.

Disclosures:

Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. RPC Advisory Group and Cambridge are not affiliated. Content provided via links to third party sites should not be considered an endorsement of third party content. We make no representation as to the completeness or accuracy of information provided at these websites. Reviews on this site may or may not be by clients of the firm. No compensation is being provided for sharing of opinions and experiences on this site. The reviewer’s comments may not be representative of any other person’s experience and is no guarantee of future performance or success.