Willis Johnson & Associates is not endorsed or affiliated with BMC Software, Inc.

Financial Planning for BMC Employment

During your employment at BMC, you may have questions regarding the specifics of the plans and benefits offered. By coordinating company benefits with your outside assets, we help you understand each offering so you can maximize your benefits and achieve your personal financial goals.

 

BMC Software, Inc. Savings and Investment Plan (401k)

We provide active management and coordination with outside assets through Brokeragelink. We can help you make sure you get the full 5 percent company per-paycheck match by working with you to adjust contributions as necessary throughout the year. We can educate you on best practices for additional tax-preferential saving strategies including 401(k) after-tax contributions and backdoor Roth IRA contributions.

BMC Incentive Plans

We can help you understand the vesting and taxation of awards, guide your savings prioritization plan and strategize on how to best exercise stock options while minimizing your taxes.

• BMC Cash Performance Awards

• BMC Incentive Stock Options (ISO) and Non-Qualified Stock Options (NQSO)

BMC Health Plans

We can help you understand the tradeoffs of specific plans, maximize your take-home pay by optimizing your HSA and HC FSA accounts, and guide your contributions for health care costs and retiree medical costs in the most tax-efficient manner

• Blue Cross Blue Shield of Texas HSA

• Blue Cross Blue Shield of Texas PPO

• Kaiser HMO

BMC Company Insurance Options

We can help you understand each insurance option and decide on a plan that works best for you to ensure you are paying for what you need, but not buying what you don’t.

• Group Life vs Term

• Group Disability

Active Management Inside Your BMC 401(k)

Did you know we can actively manage the funds in your 401(k)? No more “set it and forget it.” No more complex workarounds to adjust your funds. Through Fidelity Brokeragelink® accounts, you’ll gain access to additional funds and our expertise to help guide and actively manage your investments in coordination with your non-company, or outside, assets.

Job Insecurity at BMC

Life is full of uncertainties – your finances and career are no exception. If you find yourself on the receiving end of an offer for a layoff or voluntary severance package, we can help you determine if retirement is a viable option, as well as understand the critical decisions about company benefits elections.

Are you unsure about your future at BMC or what an untimely layoff could mean for your financial picture? We will work with you to evaluate your goals, educate you on your current financial situation, and help determine what actions need to be taken to optimize your financial outlook.

Being Recruited?

Being recruited to a new company is an exciting opportunity, but how can you know if it’s the right move – for your wallet and your health? We can help you map out the difference in value between your current job and the one you are being offered.

Often times, it is hard to directly compare the value of two compensation packages. Whether you decided to take the job or not, we’ll help you optimize your elections from BMC as well as at your new company.

Planning Retirement From BMC

Retirement is as much a personal, emotional transition as it is a financial one. We understand what you’re going through. We will walk you through your retirement wealth plan and ensure all elections are handled correctly so you avoid losing any benefits and minimize taxes. The specifics of your retirement can vary considerably based on your goals, financial situation and how you have used your BMC benefits.

 

BMC Software, Inc. Savings and Investment Plan (401k)

We provide active management and coordination with outside assets through Brokeragelink®. We can help you make sure you get the full five percent company per-paycheck match by working with you to adjust contributions as necessary throughout the year. We can educate you on best practices for additional tax-preferential saving strategies, including 401(k) after-tax contributions and backdoor Roth IRA contributions.

Do you know we can actively manage the funds in your 401(k)? No more “set it and forget it.” No more complex workarounds to adjust your funds. Through Fidelity Brokeragelink® accounts, you’ll gain access to additional funds and our expertise to help guide and actively manage your investments in coordination with your non-company assets. Unlike other “advisors,” we don’t push you to roll out to an IRA when it’s not in your best interest.

Setting Up Your Consulting Practice

Upon retiring from BMC, many of our clients choose to continue working in a consultant role. If you plan to work as a consultant, we can help you understand how to structure your finances and retirement to fit your new role.

• Liability Protection for LLCs

• Tax Deferral Strategies for Solo 401(k), Sep IRA and Solo Pension Plans

• Negotiating Compensation With an Understanding of How Consultants Get Taxed (1099)

When Should I Retire From BMC?

When you decide to retire can have a significant impact on your retirement income. Sometimes this means waiting a few weeks or retiring just a month earlier. By understanding the payouts and tax implications of your benefits, we can determine your tax-efficient retirement date – optimizing your retirement income.

 

Our WJA BMC Advisor Specialists

Nick Johnson, CFA®, CFP®

PRESIDENT

Alexis Long, MBA, CFP®

DIRECTOR OF WEALTH MANAGEMENT
SCHEDULE YOUR COMPLIMENTARY BMC BENEFITS REVIEW

Willis Johnson & Associates is not endorsed or afiliated with BMC Software, Inc.

Why Willis Johnson & Associates?

Since 1996 we’ve been helping Shell executives and professionals with their comprehensive financial planning needs. Our thorough understanding of the transitions in your corporate life allows us to appreciate where you have been and assist with where you are headed.