Is it a bad idea to cut back my 401k contribution to reallocate a portion to principal payments of my student loan debt? I currently have pre-tax contribution of 10% and thought I could change it to 5%. Thoughts?

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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

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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?

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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?

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Are the salaries/benefits different between a partner and principal?

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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

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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 ?

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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.

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Related Posts

Has anyone taken out money from their 401k to buy a home? I think they say it’s usually 10k max. What is process? Are their penalties?

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For those firms who get a yearly health / fitness reimbursement : what do you use yours on? Already did gym membership and fitness tracker - trying to figure out what else to use..

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Is it me or does EY's health insurance sucks big time? Is this the case with other firms too? Did a simple abdominal ultrasound- 500$ out of pocket!!

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First year out of undergrad. Tips on how much to save for retirement? Other goal is to buy property in five years. Not sure if I should be going full Roth 401k or Trad (or less than full)

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Million bucks inside employer plan paying 4% guaranteed. 82 year old widow with another mill in investments plus enough pension to meet all needs. Would anyone here move it? If so, where?

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Setting up our first small business 401k! Should we be an ERISA 3(38) advisor? What are the pros and cons?

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Max out 401k or meet match then invest the rest for a down payment on a house??

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Actuals Vs Per diem which is good and healthy

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Do Global Services benefits include a Mercedes-Benz to take you through airport protestor blockades? --- Signed, Someone who doesn't support the EO but needs to catch a flight

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Just found out that my insurance company was billed $60K for my ankle surgery. They paid $10K. Just some advice not to skimp on your health insurance plan.

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Ugh. FWB is not doing the benefits part. What's a girl got to do?

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PwCers: any subsidized life insurance benefits for parents through the firm?

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Anyone know a way to get massages paid for through health insurance?

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Recently joined a firm. When I signed the agreement last year, 401k vesting was listed as 3 years. Joined this month and was told at orientation that it's been changed to 5 years for all new employees

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What’s a good way to learn about investing and how to build a decent investment portfolio? I max out my 401k & have some rental properties. Have 100k in a high-int acct I don’t know what to do with

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What are good tax deductions. I’m a single and don’t own a home. I don’t have student loans so I’m getting taxed so high. I’ve put money in 401k, health savings, commuter, and insurance but I’m

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Does anyone know when we will get our 401k match this year?

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Best 401k deals among big4? Curious where everyone's benefit program lies based on firm.

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Investment tips? I’m moving to US and there’s so much to learn! 401k etc. I have no debt... where do I start? Any recommendations? My goal is to set aside 1200 monthly but don’t know what to do w it

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How long is the Paternal leave in Dtt? Do we get full paid during that period?

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Additional Posts

Does your agency use a content marketing strategy to win business? If so, does it work? Our branding firm is investing heavily in blogs, funnels, gated content, etc. — does this work in our industry?

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This industry (and so many) rewards extroverts and bulldozers. Just makes me angry, I love being an introvert and a listener. Why should I feel less than about those things? My work is excellent.

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Entry level salaries at Tier 2 firms (ATK/RB/OW/S&) in Southeast Asia... does $3k-4k sound right?

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Just want to say how grateful I am for the crypto space. Been feeling like my careers at a dead end but these magic internet coins have helped me to feel like I'm learning something and actually moving forward in life for a change 😁

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Do firms typically match salaries if they hear other firms have upped the salary? For example will Roland Berger up the salary if they hear BCG did?

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Any recommendations for portable travel steamer? Amazon is full of fake reviews 😐

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Just got a $1200 voucher but want to go home...

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What is the worst passenger behavior you have witnessed? I feel like I never see anything too bad, but following Passenger Shaming has me wondering if I’m sheltered...

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Podcast suggestions for daily commute to client site??

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Who else hates when they blast music boarding an early am flight ?? PLEASE TURN IT OFF😭

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Folks - anyone who has an autonomous Ai desk or chair want to give me a referral? DM me. Planning to get the desk and chair from them.

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Anyone ever tried professional organizers and can share their experience? Need to declutter and organize my condo’ Any local recos if you’ve tried & what are typical costs of hiring them?

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Can someone help me come up with examples of financial analysis type bullets to add to my resume?

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I’m looking to buy partial/whole books of business, preferably all fee-based, in the 10mm-20mm AUM range in Ohio

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Any recs for embassies other than Canada (4 mo wait) for change of employer stamp? Need by Aug end and can't go back home / India. Thank you!

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Want to start a brokerage account with 5000. Struggling to figure out what the best choice is given all the options. What are the top things I should consider apart from initial investment amount?

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Do you know anything about Deloitte’s Sports Business Group (UK based)? Does it sound more glamorous than it actually is?

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If you don’t believe in liberal media bias then answer this. Why has Beto been getting a bunch of fawning coverage while John James was ignored?

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Theory: Trump is losing his mind because he’s essentially been forced to become celibate. He obviously loves chasing women of all kinds, but now he can’t. Four more years? He’ll go totally insane.

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What's a good pre-workout snack? I'm more likely to skip the gym if I'm hungry after work or full after dinner. In a crunch, I'll grab a Clif Bar, but it's really not healthy.

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