Financial Planning Checklist: What to Consider When Starting A New Job

Starting a new job is an exciting time, but it also comes with a lot of financial considerations. From changes in income and benefits to retirement plans and taxes, it’s important to get organized and make informed decisions.

To help you navigate this transition, we’ve put together a checklist outlining the key financial issues to consider when starting a new job. This checklist will guide you through the essential questions and help you understand how these changes can impact your overall financial well-being.

This checklist covers critical areas, including:

• Cash Flow Issues: Assessing changes in income, pay frequency, and planning for time off to maintain a stable budget.
• Employer-Provided Benefits: Evaluating changes in health insurance, HSAs, FSAs, and other perks to ensure adequate coverage and maximize benefits.
• Retirement Plans & Deferred Compensation Issues: Reviewing 401(k) options, equity compensation, stock options, and deferred compensation plans to make informed decisions about your long-term financial security.
• Other Planning Issues: Addressing non-solicitation/non-compete agreements, student loans, multi-state tax filings, and updating important contact information.
• And more!

Starting a new job involves many moving parts, but taking a proactive approach to your finances can set you up for success. If you have any questions about your specific situation or want personalized financial guidance, our team at Bautis Financial is here to help.

Schedule a call using the link below to discuss your financial goals and create a plan for your future.

Bautis Financial LLC is a registered investment advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.