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Money and Finances
Reply to "Invest 529 or Payoff Home Equity Line?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Depending on the company,[b] I'd keep the RSU's but know when they come due that you have to pay taxes on them.[/b] You make plenty to pay off and if you aren't having much left over you way overspent.[/quote] Employers automatically deduct the taxes out of your RSU's once they vest - unless OP has it set up differently. So if OP has $20K before vesting, assume that 40% of that will go to pay taxes leaving OP with $12K. [/quote] Depends on the employer. We are having some vest and co-workers said that you need to deposit money into some account or you will get hit hard come tax time. But, you are right, that $20K is not $20K after taxes. I'd hold onto it.[/quote]
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