Hacker News new | ask | show | jobs
by jejeyyy77 1274 days ago
Fair, but this doesn’t take into consideration the biggest financial impact for these income levels - taxes.
1 comments

What tax implications would impact here? RSUs get taxed as income when they vest.
It’s crazy how many people are still under the impression that holding newly vested RSUs can result in some sort of tax advantage. I work at a FAANG and, despite the massive amount of internal docs on the topic, incredibly smart engineers routinely mention taxes as a reason for not selling newly vested shares.
agreed, i worked at a tier below faang and had this conversation soooo often.

ignoring blackout volatility, since of course our grants didnt line up with windows, pretending it was cash and would you purchase stock on a cash bonus really is the best way to think about it