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Welcome to Microsoft!
You are likely excited and a bit nervous for your first day. Orientation provides a flood of information, and you may be asked to quickly make a number of decisions about benefits.
As you begin this new chapter in your life, a number of important financial questions can arise.
- Should I contribute to the Microsoft’s 401(k) plan?
- What about the 401(k) account at my old employer?
- Does Microsoft match 401(k) contributions?
- What do other Microsoft employees invest in?
- What’s the deal with Microsoft’s Employee Stock Purchase Plan (ESPP)? Do I want to participate?
- Is there a tax advantage to enrolling in a high-deductible health insurance plan?
- How much should I contribute to my Health Savings Account (HSA)?
- I hear Microsoft’s 401(k) plan has a special benefit allowing additional after-tax contributions, how does that work?
A little upfront planning can pay dividends down the road. Wealth45 provides information and resources to help bring clarity and focus to these decisions and your overall financial life.