Do most Accenture MDs max out the 30% contribution to the VEIP? How do you deal with cash flow in the first two years before it vests, given it takes a bite out of your post tax earnings?

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First year is rough. You sell your contribution from year 1 in year 2.

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You only need to hold the purchases until January of the following year to get RSUs

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Nope

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Yes, max it out. It hurts in the first 2 years but pays off. When you know you’re in the pipeline, start proactively planning by stacking cash or easy to access investments so you’re ready.

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How is the comp break-up for Accenture MDs ? Given that it is a listed firm, my guess is that MDs will have massive ESOP allocation

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No lol

Can someone explain in simple terms why Google says there is negative cash flow in first year if a partner maxes out veip? I'd imagine if you invest 30%, you still get 70%. I know I'm completely hitting myself in the foot by asking something silly.

Thanks Op. Not as bad as I thought.

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Other than the S&P 500 what other safe options do people invest in? Currently, maxing out 401(K).

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Someone pls educate me on 401ks! If I earn 80k and my employer does a dollar for dollar match up to 3% of my contribution and then 50 cents on the dollar match for the next 2% I contribute, would the breakdown look like this:

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Or is it based on the 19,500 401k max amount?

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Is it irresponsible to spend $17k on a car when making $71k?
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Austin fishes.. what’s with this real estate frenzy that’s happening since Jan 2021? Price wars.. 40-50 K over asking... I get the facts..Elon Musk in, Apple in, more disposable $ for investors, Bitcoin and stock market bull runs.. but this real estate madness I see in Austin now.. this is CRAZY!

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What should I do if I accidentally go over the maximum individual 401k contribution? I’ve changed my contribution but it won’t kick in before my next paycheck, which will put me slightly over the limit.

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Best performance car options under 60k? Nothing to old or high mileage as it will be a daily driver

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Traditional IRA gained two cents of interest on post-tax dollars contributed while doing backdoor Roth IRA and waiting for funds to settle, what do I do?

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Looking for recommendations on books for personal finance and investing?

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Please share your success stories about how you found a great job after struggling. I’m a new lawyer and have been struggling to even get interviews now and losing hope. Just want to hear positivity.

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I have an interview for a job tomorrow but noticed this morning that the posting for the job was taken down from the company’s site (as well as on LinkedIn). Has anyone experienced this before? Doesn’t taking the posting down mean they’ve found someone for the job already?

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Hi fishes,
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The EY-Parthenon practice is hiring! Join our growing team of strategy consultants by reaching out to me directly. #EYCareers

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