Partner

On a call with a partner helping a F500 and he’s talking about ways to chop benefits costs and shift employees to cheaper healthcare plans that cover less and how to spin it as a good thing. Even made

On paternity leave for next month. Also have a 3 yr old. Partner emails and asks if I have 10 hours over the next couple of weeks to work. What do I do?

Ok rich or going to be rich fishes. I need advice on a 9-5 job vs freelance. My partner is the primary earner makes 400k all in including bonuses. Has a pretty steady job. Puts in 50-60 hrs a week. I earn 145k all in at steady 9-5 job. My job is less demanding. Probably 20/30 hrs a week. My question is if I should go freelance and using his benefits open an LLC. I might earn half the ant but can write off some tax stuff and free up time to put my hands on other things like real estate etc. cont

Just curious if I might be a little protected from layoffs since I had told HR that my partner is pregnant way before all this. Trying to make it to paternity leave. Does it matter?

I grew up poor. I work in biglaw now. I just about paid off my student loans over the last few years. I saved a small emergency fund, and I’ll now have a good amount of extra money every month. I’m also maxing out my 401k contributions. I’d like to use the extra $ to set myself up for the future, but I don’t know what on my own and I don’t have anyone in my family to talk to about it with. How do you pick a financial advisor? Is it tacky to ask a partner or someone at work for a recommendation?

What does an Operating Partner at a PE firm make (base/bonus/carry/other benefits)? How hard is it to make that move as a big4 Manager/Senior Manager or is there another way in?

Why does the Big 4 pay their consultants so much less? Is it because our margins are lower or because of the partner pension plan?

Do big4 directors retire with the same benefits as partner or some other?

Second year Consultant who came from a benefits broker. I feel like I am very much still learning the ropes of consulting. Was asked to help on a deck for proposal work for something I have no background/knowledge in. Told by the partner that I wouldn’t be creating content just story boarding and managing and organizing in the deck. The manager, familiar with the proposed solution, however seems to be annoyed with me that I didn’t create content. Not sure what to make of this?

How much is the partner pension at Big 4 firms? How many years do you get paid for?

Partner Question: If your top line monthly distribution is $100k, how much are you actually earning after taxes, medical, 401k etc.? I’d imagine the big 4 firms have fairly complicated state tax structures but curious if there’s a benchmark you use to think about it

First time home-buyer questions re: tax (or other) benefits. I am looking to buy a house with my partner (not married). She already owns a home, this would be my first home (and it would become our primary residence). Our combined income is $325k/yr (120k/205k for her and I, respectively) and we both have good credit scores such that either one of us could get a mortgage for enough to buy what we want. What are the benefits of the mortgage being in one vs. both of our names? (CONTINUED)

Big 4 partners: is there a firm-specific risk to the partner pension, like if the firm were to go under (e.g. Arther Anderson)? I assume you could mitigate this by taking lump sum, and investing, but wasn’t sure how this works.

How is maternity leave for equity partners handled at your firm? I’ll be the first female equity partner at my firm to have a baby (which is insane, but let’s set that aside) so there’s no policy at this point. I think the other partners are looking to me for suggestions, but I’m not sure what to propose. Would love to hear how other firms handle this. In case it’s relevant, I work at a boutique firm in Chicago.

Leaving Financial Services audit role after 4 years, have a few questions for anyone who has gone thru this process - How does the whole handing in your laptop process go down these days? - Any advice on who I should first communicate this news to? (PML/counselor, Partner, HR) - Any advice on things I should look to do during my last 2 weeks with the firm? (i.e. CPE credits - How is 401k account handled? Should I reach out to someone at my investment advisor, or will I be contacted by someone?

My partner is a PhD student, US resident alien, and Indian national who has been a student in the US for 6-7 years now. He’s struggling to find a tax filing platform which’ll allow him to report income from fellowships and PhD salary, and also claim India-US tax treaty benefits. Does anyone know where he can get started?

What partner retirement packages do big 4 offer? Do partners typically get an annual compensation for life after retirement or do they just get a retirement pension (fixed sum) that they can withdraw from after retirement?

Anyone successfully parlay a partner offer into something like opting for part time with benefits? Boutique firm w great partners but don’t want the equity lifestyle. How to prep next few years?

How does big 4 partner pension work? What is the calculation based on?

Has anyone partner with ADP for 401k business? How does that work?

Recently switched into consulting and don’t want to stay to make it to partner. I vest fully in my benefits by year 5. Is there a good duration to stay in consulting before exit opps become limited?

Hardest part of navigating maternity leave and WLB as a junior partner?

Does anybody know how HSA benefits work with unmarried domestic partners? We are on same health plan but it’s unclear whether hsa is tax advantaged or not for my partner. Online info is very unclear as well.

Anyone in the UK here? Looking for some FIRE tips. Current ‘waterfall’ is: 1/ Max out pension contributions (just under the new taper threshold so £40k/year) - mix of tracker and active 2/ Max our 3 year carry forward allowance on pensions, 3/ 20k/year in ISA (had paid into a LISA for one year but live with my partner who owns, so unlikely to use this for first home purchase; will wait until 60), 4/ Paying down mortgage before end of 5 yr fix, so we’ll be at 60% LTV. Any tips beyond this?