In addition to the other helpful replies there's some more information here: https://en.wikipedia.org/wiki/One-dollar_salary https://en.wikipedia.org/wiki/One-d

In addition to the other helpful replies there's some more information here: https://en.wikipedia.org/wiki/One-dollar_salary https://en.wikipedia.org/wiki/One-dollar_salary >In the United States, this approach impacts personal tax liability, because although stock and option grants are taxed at federal income rates, they may be exempt from some portion of payroll taxes (typically 7.65%) used to fund Social Security and Medicare. They're still considered highly-compensated, just not through payroll.