From unfamiliar terms and abbreviations to complex tax rules, there’s a lot to know about managing your money and achieving your long-term objectives.
Visit the financial well-being page on The Current, and click the tiles to build your financial knowledge.
- Learn about equity: Access educational webinars and recordings to learn more about Rivian’s equity programs—the employee stock purchase plan (ESPP), restricted stock units (RSUs) and stock options.
- Meet with a financial advisor: Schedule a free 30-minute virtual meeting with a Morgan Stanley financial advisor, who can answer questions about topics such as:
- Tax and financial strategies for your Rivian equity
- Trust and estate planning
- Achieving financial goals (e.g., saving for college, planning for retirement, paying down debt, purchasing a home)
- Save for retirement: Read all the details of your Rivian 401(k) plan, and reach out to the experts at Empower if you have questions about saving and investing to reach your financial goals.
U.S. tax filing information
As you prepare to file your annual U.S. tax return, you will need one or more of the following documents.
Earnings
Form W-2
What it is: Your official wage and tax statement shows all of your earnings and the taxes withheld, including income from any restricted stock units (RSUs) vesting, employee stock purchase plan (ESPP) shares sold and stock options exercised. You’ll use the W-2 to file your U.S., state and local tax returns, as required.
Where to get it: From your computer, visit Workday > View Profile > Pay > Tax Documents.
When: Available January 31
Medical coverage
Form 1095
What it is: Form 1095 shows the IRS that you had health insurance as required for each month. All employees will get Form 1095-C. If you’re enrolled in a Kaiser plan, you’ll also receive a Form 1095-B.
Where to get it: From your computer, visit Workday > Benefits > View: My ACA Forms
When: Available early March
Stock transactions
Form 1099
What it is: Form 1099 shows your gross proceeds from shares sold from RSUs, ESPP, or stock options exercised. Even if you didn’t sell any RSU shares yourself, Rivian sold shares to cover your tax withholding obligation, and that sale must be reported on your U.S. tax return.
Where to get it: From your computer, visit E*TRADE > At Work > Tax Information. From your mobile web browser, visit E*TRADE > Menu (top left) > At Work > Tax Information.
When: Available February 15
Stock Plan Transaction Supplement
What it is: Use this document in E*TRADE to adjust the cost basis (i.e., the value assigned at the tax point) for shares sold from RSUs, ESPP, or stock options exercised.
Where to get it: From your computer, visit E*TRADE > At Work > Tax Information. From your mobile web browser, visit E*TRADE > Menu (top left) > At Work > Tax Information.
When: Available February 15
Additional resources
You can access these resources on The Current:
- A list of equity tax webinars hosted by Morgan Stanley
- E*TRADE year-end tax reporting guides
- Tax guides for restricted stock units (RSUs), stock options and employee stock purchase plan (ESPP)
If you’ve worked for Rivian in more than one location, as reflected in Workday, you may need to file taxes in more than one state.
Review the Mobile Employee Information page for more details.