I’ve seen a couple posts lately with comments saying that people should not use a Roth 401k. Does the logic below capture the spirit of that concept? 1. Use trad. 401k to reduce taxable income now. Convert to trad. IRA once retired, then convert gradually to Roth IRA (ladder, SEPP, etc.) at lowest marginal tax rate 2. Use Roth IRA (and/or backdoor Roth) to take advantage of tax free growth and ability to withdraw principal early without penalty
I have a question on 401k loans. How is the principal repayment reinvested? Monthly? When the loan is fully paid? Do they cash out that portion of my investments or just use then as collateral?
One of my subs while I was on maternity leave “snitched” to the principal that I didn’t leave appropriate lesson plans and then changed everything in my classroom. Should I follow up with this?
Would you rather put more money towards your 401k or more principal towards your home mortgage? I already do both and have a little extra from my Oct 1 raise to allocate
Which is better. 401K or Roth IRA? does the Roth IRA has tax on capital gains since 401K is taxed on gains and principal amount ?
Why are people so bad at 401ks. I just overheard someone tell another person they should pay down principal on a car loan instead of putting the extra into 401k. WHY.
To all people getting laid off: always apply for unemployment benefits within 7 days of getting laid off. Even if you won’t need it, it’s good to have an option to stay afloat.
How much do you guys have in your 401k and how long have you been working? Trying to see if I'm saving too little or saving the right amount.
How do you know you like someone more than friends with benefits? Person I'm dating is cute, sexy,kind, considerate, responsive, fun & easy to be with, ambitious, financially stable & great in bed.
Currently dumping a high percentage if my income into Roth 401k (no match yet). Should I be switching to Roth IRA instead?
Which degree if not an MBA? And if MBA is still the right answer, can its benefits be experienced through self learning or inexpensively rather than spending a fortune on a top school?
Tips 4 Saving in a non qual acct. My wife & I max all qual accts. 401k pre tax & Roth. Roth IRA & HSA. Any tips 4 saving in a non qual besides buying stocks & Funds i.e. Mmkt Fund to mitigate access?
Is there anyway for America to get all of the idealistic benefits of Bernie Sanders without losing half my paycheck?
Everyone is different. Different circumstances, etc. I get it. At 30 how much do you/did you have in 401k and Savings? Do you/did you own a home?
How do you identify exit ops with great benefits? My firm offers excellent healthcare and family leave policies and I want to go somewhere with similar.
where do you invest additional cash? Consider you max out on 401K? Not interested in equity markets, CD rates are too low....any suggestions? what percent of returns are decent?
Silly question: during firmwide new associate training do firms pay per diem if you are coming from a regional office?
Are there tangible benefits to a CFA? I’m in sales at a bulge bracket bank.. looking to maybe do something else
how much should my 401k have???- trying to gauge investment performance. Assume 10% contribution for 4 years
Have a friend who received a job offer w a small firm. Great benefits and seems like incredible role w great potential. Found out that during the shutdown last year they filed chapter 11- thoughts?
Which of these places would you move to and why? 1. Los Angeles 2. Miami 3. New York City 4. Denver 5. Seattle 6. Palo Alto 7. San Diego 8. Portland
What are the exit opportunities in industry for big 4 ITS by level? (i.e. Senior, Manager, Sr. Manager, Director?)
S&PI Associate at JPM - How real is the bonus? How is the the salary progression? Was told the base is 120k with bonus range from 50-60k..
What is the best car rental company for receiving most points and rewards etc. Currently with Hertz planning to switch after I use my points.
I wish i had become a Doctor instead of actuary . Better work life balance ? Can just chill and have job waiting for me whenever wherever even if fired
I’ve never ever read a “Morning Stir” or “Odds and Ends” on AgencySpy. (I’m sorry if your work or promotion was in one. 😕)
I just recently left Deloitte as a manager. Does anyone know how the pension works. My alumni page does not show any pension information. Is there a way to see it? Will I be contacted by Deloitte?
SAFe Agilist Cert - Anyone have one? Currently using methods on an engagement ? Any value here ? Have an iCAgile one now and thinking of growing my Agile knowledge aka get more certs to get more attn.
What's Deloitte policy on coworkers dating and being staffed on same project? Dealing with this right now on my project - manager and team member secretly dating.
Anybody have experience with United status match? Have Platinum with American now, but trying to decide if worth it to wait until I have Exec Plat (~mid-December to see if it'll convert to 1K or not.
at the client cafeteria, the cashier just told someone they can take only one piece of plastic cutlery
How’s RSM’s National Risk Consulting team (especially NYC)? Would like to hear more about the leadership, team culture and diversity, and the challenges over there please for a phone interview. Thanks
European citizen looking to come back to NY. I already have all the requirements for the O1 visa. Someone out there that wants to give me the chance that I’m waiting for? Please DM me!