“You would use the notice of intent to claim on the form… total contributions 400,000… intend to claim as a personal deductible contribution, 10,000. …they’ll take $1,500.”
MM
Mark McGrath
Retire Right ·
Middle Market Growth · Carve-Out vs. Wind-Down: A Guide to a Complex Exit
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implemented a respectful severance program with ample notice, resulting in zero employee claims
1,500 or so employees, zero claims
“You would use the notice of intent to claim on the form… total contributions 400,000… intend to claim as a personal deductible contribution, 10,000. …they’ll take $1,500.”
“Collect 100% upfront. The result at my previous firm was zero accounts receivable.”
“As a result, I loaded up on the two most punished names, Meta and Microsoft, at what now appears to be the bottom. Since then, my investments have returned 25% and 40% respectively.”
“Zero Notice rating score… if there’s a million people on there, you could be number one… algorithm changes your score based upon your engagement.”
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