Career Transition Can Be Tough

Navigating a career change can be overwhelming, especially when it comes to managing your finances.

At Sherman Private Wealth, we specialize in helping professionals like you make informed financial decisions during times of transition. Our comprehensive guide covers everything you need to know to secure your financial future and avoid costly mistakes.

Career Transition Can Be Tough

Navigating a career change can be overwhelming, especially when it comes to managing your finances.

At Sherman Private Wealth, we specialize in helping professionals like you make informed financial decisions during times of transition. Our comprehensive guide covers everything you need to know to secure your financial future and avoid costly mistakes.

Here's what you need to know

Here's what you need to know

A job change can have significant tax consequences. We'll help you understand how to manage your taxes during this critical year to avoid surprises and optimize your financial outcomes.

401(k) Management

Overcontributing to your 401k during a job transition can lead to penalties. Learn how to manage your retirement savings effectively to maximize your benefits and avoid unnecessary costs.

Healthcare/COBRA

Maintaining health coverage is crucial. Our guide explains your options with COBRA and other health insurance plans, helping you make the best choice for your health and your wallet.

Salary
& Compensation

A new job offer is more than just a salary figure. Understand the full scope of compensation packages, including bonuses, stock options, and benefits, to ensure you get the best deal possible.

Unemployment

Don't overlook the importance of unemployment benefits during your transition. We provide insights into how to navigate the application process and maximize your benefits.

Severance Packages

Before signing a severance agreement, make sure you understand its terms and tax implications. Our guide will help you make informed decisions about your severance package.

PTO Payout

Unused PTO can be a valuable financial resource. Learn how to handle your PTO payout and understand its tax implications to make the most of your earnings.

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Sherman Private Wealth

Office (248) 805 - 1123

Fax (248) 809 - 1976

28411 Northwestern Highway

Suite 1200
Southfield, MI 48034

Disclaimer

Check the background of your financial professional on FINRA's BrokerCheck.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.

Copyright 2024 Sherman Private Wealth


Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA & SIPC.

The LPL Financial representative associated with this website may discuss and/or transact securities business only with residents of the following states: AZ, CA, FL, ID, IL, MI, MO, NH, NJ, NY, NC, OH, PA, SC, WA, WI

© 2024 Sherman Private Wealth

Sherman Private Wealth

Office (248) 805 - 1123

Fax (248) 809 - 1976

28411 Northwestern Highway

Suite 1200
Southfield, MI 48034

Disclaimer

Check the background of your financial professional on FINRA's BrokerCheck.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.

Copyright 2024 Sherman Private Wealth


Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA & SIPC.

The LPL Financial representative associated with this website may discuss and/or transact securities business only with residents of the following states: AZ, CA, FL, ID, IL, MI, MO, NH, NJ, NY, NC, OH, PA, SC, WA, WI

© 2024 Sherman Private Wealth

Sherman Private Wealth

Office (248) 805 - 1123

Fax (248) 809 - 1976

28411 Northwestern Highway

Suite 1200
Southfield, MI 48034

Disclaimer

Check the background of your financial professional on FINRA's BrokerCheck.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.

Copyright 2024 Sherman Private Wealth


Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA & SIPC.

The LPL Financial representative associated with this website may discuss and/or transact securities business only with residents of the following states: AZ, CA, FL, ID, IL, MI, MO, NH, NJ, NY, NC, OH, PA, SC, WA, WI

© 2024 Sherman Private Wealth