Tech IndustryMay 26, 2019
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What kind of account do RSUs go to?

Obviously not the same one as your 401k I imagine. So where does it go? Do you have to setup something with a brokerage account like Charles Schwab? My only experience with stocks is with using robo-investors so forgive me for my naivity

Oscar 🐨koala May 26, 2019

Huh? It doesn’t go anywhere.

Salesforce linusklava May 26, 2019

They open a brokerage account for you. Salesforce used E*TRADE. When stock vests it transfers into your individual account which you can then control and transfer into your bank account

Microsoft MSFTBRO May 26, 2019

Dis

Oracle lHEA77 May 26, 2019

Yeah, the company will open a brokerage account for you and deposit the vested RSUs there. At Oracle they use Fidelity, probably because we also use Fidelity for our 401ks.

Facebook ycA5v81 May 26, 2019

Bay Area landlords account