Strata Capital

If you work in a corporate role, you might have access to a powerful tool called deferred compensation. It’s a strategic way to delay part of your income until a later date, potentially lowering your taxable income now while securing your financial future. But there’s more to it than just deferring income. Unlike a 401(k), a nonqualified deferred compensation (NQDC) plan has no contribution limits, age restrictions, or required distributions, giving you more flexibility in planning your finances. You can even align your payouts with specific goals like retirement or funding a major purchase. However, deferred compensation isn’t without risks. It’s essentially an I.O.U. from your company, and if they face financial difficulties, your contributions could be at risk. That’s why it’s crucial to understand how to minimize your tax burden and optimize your benefits while considering your overall financial plan. Thinking of deferring compensation? It’s worth discussing how it fits into your broader financial strategy. #DeferredCompensation #TaxPlanning #ExecutiveBenefits #FinancialStrategy #StrataCapital

Retirement is more expensive than ever. With rising inflation and healthcare costs, it’s crucial for today’s executives to rethink their savings strategies. Did you know that making after-tax contributions, even after maxing out IRS limits, can significantly boost your retirement savings? This strategy allows your wealth to grow and helps secure the lifestyle you’ve worked so hard to build. Let’s explore how you can optimize your savings and set yourself up for long-term success. #RetirementPlanning #ExecutiveStrategy #FinancialSuccess #StrataCapital #WealthManagement

🔹 Are You Positioned for Growth? 🔹 For corporate executives with a higher appetite for risk, the current market presents unique opportunities.  A well-considered approach can lead to significant growth, but it’s essential to understand your true risk tolerance before diving in.  Balancing risk and reward is key—taking on more risk can accelerate your portfolio’s growth, but it must align with your long-term objectives.  Consider how your current strategy positions you for the future. Are you seizing the right opportunities? #InvestmentStrategy #PortfolioGrowth #FinancialPlanning #StrataCapital #CorporateExecutives

When it comes to saving for retirement, every dollar counts. That’s why understanding the limits the IRS sets on 401(k) contributions is so important. For 2024, the IRS allows you to contribute up to $23,000 to your 401(k) if you’re under 50 years old, or $30,500 if you’re 50 or older. While these limits help you build your retirement nest egg, they can feel restrictive, especially for those who want to save even more for the future. But here’s where it gets interesting: After you’ve maxed out your regular and catch-up contributions, you still have options. Your 401(k) plan may offer after-tax contributions, allowing you to save beyond the IRS limits. This can be a powerful tool to accelerate your retirement savings, especially if you’re aiming for a more comfortable or early retirement. After-tax contributions grow tax-deferred within your 401(k) plan, and when you retire, you can roll these contributions into a Roth IRA for tax-free withdrawals. This strategy not only helps you save more but also provides greater flexibility in managing your tax liabilities during retirement. By taking advantage of after-tax contributions, you can maximize your retirement savings and take one step closer to achieving your long-term financial goals. Let’s explore your options and ensure you’re making the most of what’s available to you. The future you’re working towards is within reach—let’s make sure you get there with the financial resources you need. #RetirementSavings #401kLimits #AfterTaxContributions #FinancialPlanning #StrataCapital

Are you confident that your current retirement plan will fully support the lifestyle you’ve always dreamed of? With costs rising across the board—living expenses, healthcare, and more—it’s crucial to plan ahead. Now is the perfect time to take advantage of every opportunity available to you. Many 401k plans offer a unique benefit: after-tax contributions that can help you save even more. This could be the key to significantly boosting your retirement savings and ensuring you have enough. Don’t risk leaving potential income on the table when you’ve worked so hard to save. Start planning today for the retirement you deserve tomorrow. #RetirementPlanning #401k #FinancialAdvice #StrataCapital #FinancialPlanning #WealthManagement

Are you confident that your current retirement plan will fully support the lifestyle you’ve always dreamed of? With costs rising across the board—living expenses, healthcare, and more—it’s crucial to plan ahead. Now is the perfect time to take advantage of every opportunity available to you. Many 401k plans offer a unique benefit: after-tax contributions that can help you save even more. This could be the key to significantly boosting your retirement savings and ensuring you have enough. Don’t risk leaving potential income on the table when you’ve worked so hard to save. Start planning today for the retirement you deserve tomorrow. #RetirementPlanning #401k #FinancialAdvice #StrataCapital #FinancialPlanning #WealthManagement

🌍 Today is World Financial Planning Day! For corporate professionals, financial planning is about more than just preparing for retirement—it's about optimizing your wealth and aligning it with your professional and personal goals. On this World Financial Planning Day, here are two key considerations for executives: 1️⃣ Deferred Compensation Maximizing the potential of deferred compensation plans can significantly reduce your taxable income and grow wealth for the future. Are you fully leveraging this powerful tool? 2️⃣ Risk Tolerance As your income and responsibilities grow, so does your exposure to market risk. Now is the perfect time to reassess your risk tolerance and ensure your portfolio is balanced for both growth and protection. At Strata Capital, we help executives like you craft personalized strategies to protect and grow your wealth. Let’s celebrate World Financial Planning Day by ensuring your financial plan is optimized for today—and tomorrow. #WorldFinancialPlanningDay #ExecutiveStrategy #DeferredCompensation #RiskManagement #StrataCapital #WealthPlanning #FinancialSuccess

Are you worried about the impact of a recession on your investments? Our article explains what you need to know to weather this type of storm more comfortably than you may have imagined. https://lnkd.in/eKpPGpEf

Are you preparing to leave MetLife and wondering what to do with your PRA? Explore the various options available so you can make an informed decision about the right option for you. #Metlife #MetlifePRA #PensionPlanning https://lnkd.in/etuTuZnz This represents the views and opinions of Strata Capital and has not been reviewed or endorsed by MetLife or any of its employees. MetLife is not affiliated with Strata Capital and has not endorsed or approved their services.