“That said, Filip Telibasa, owner of Benzina Wealth in Sarasota, Florida, said this subscriber’s RSUs were something of a yellow flag. He would encourage the reader to diversify when he gets the chance because more than just equity return is riding on that company stock. If it goes down, there’s a chance his income, job and health insurance could also go with it. This is part of the reason Telibasa recommended selling RSUs when they vest.

One strategy he says the reader might think about is implementing a backdoor Roth IRA. This move allows investors with incomes that normally preclude them from contributing to do so by converting traditional IRAs to Roths. If investors follow all the rules, their money will grow tax free.”