Ep. 30: Understanding Employee Stock Options: How to Make Them Work for You

Stock options can be a game-changer in building wealth—but only if you know how to make them work for you! In this episode of the Do.Different.Better Show, we’re diving deep into the world of employee stock options and Restricted Stock Units (RSUs). Whether you’re working for a startup or a big company, understanding these compensation perks can be the key to unlocking your financial future. Join Elaine Rasmussen, as we break down what stock options are, how they work, and most importantly, how to maximize their value. We’ll cover when to exercise your options, hold, or sell for the long term, all while keeping an eye on tax implications. Plus, we’ll arm you with strategies to avoid costly mistakes and help you make smart decisions about your financial future. This episode is packed with real-world examples, easy-to-understand explanations, and tips to make sure you’re making the most of your stock options and company equity. Don’t leave money on the table—tune in now! Key Takeaways: • What are employee stock options and RSUs, and how do they work? • When to exercise, sell, or hold stock options. • Tax implications and strategies to minimize your liability. • How to incorporate stock options into your long-term wealth-building plan.

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