Fortune 500-Level Benefits and Tax Strategies
NEXA Mortgage stands out as the only mortgage broker in the country offering Fortune 500-level benefits. These benefits are comprehensive, including multiple medical plans, dental, vision, life insurance, and both long-term and short-term medical coverage. Additionally, Health Savings Accounts (HSAs) are available, mirroring the offerings of large organizations.
To access these benefits, employees must be W-2 workers. However, NEXA Mortgage also provides the option to work as a 1099 contractor, depending on state regulations. This option allows for different operational dynamics and significant tax benefits, although it does not include the standard benefits package.
For those choosing the 1099 route, NEXA offers guidance on tax strategies to maximize income. The company provides access to tax attorneys who can help reduce tax obligations, especially for high earners. This approach is part of a dual strategy to increase income: joining NEXA Mortgage to close more loans and lowering tax obligations through strategic planning.
