I’m setting up my 401k contributions and would like to save up more. Do you have any tips if you’ve reached the $19500 limit or on track to hit it?
I’m a lazy investor and don’t want to think about my money, so I invest my Roth IRA and 401K into a Vanguard target fund (2065). Should I be doing more with my money?
Can someone explain how they prioritize IRA after hitting the income limit so it is no longer tax deductible? I believe it becomes lower priority than HSA and 401k. Thanks!
Is it better to roll current traditional 401k (Merrill lynch) into new firms 401k (fidelity) or roll into traditional IRA instead (also with fidelity)? For context, im 27 male, will not need the money anytime in near future. I also want option to convert into back door Roth IRA one day if possible but don’t want to pay any penalties.
Personal finance question - where should my money go first? 401k - half the limit Mortgage - 2.8% 3 months expense cash - want at least 8 Buy a car - lease is ending Furnish empty house
Is it true that McKinsey & Company professional development doesn’t get 401K match or an annual bonus? Just base salary and the profit sharing? Please confirm!
KPMG US announces deep pension and 401k benefit cuts. And no raises unless your one of the few being promoted.
Accidentally over contributed to my 401k because i switched companies midyear and forgot to cap contributions in my new plan. What is the best solution for this?
Maybe off-topic, but I’ve got a question related to taxes and withholding. 2020 was the first year that both me and my wife made full salaries in our high-paying jobs (she’s a pharmacist, I’m in consulting). We don’t do anything out of the ordinary to reduce our taxes, we just put ~ 6% each towards our 401k’s. No house or kids so our other deductions are limited. Just started doing taxes and got a shock that we owe big. Any others in this situation? Do you just withhold a ton extra on W4?
Seeking portfolio advice. 23 years old- 95k comp, 20k currently in market through the most basic Schwab index funds and Vanguard ETF’s, already max out 401k & IRA. My returns over the past year have been meager. I want to take on more risk and pick more concentrated investments. Whatever I go with, I want to hold them for the long run with no intention to sell. Any advice?
How would you prioritize the following? 100% match 401K up to 6% of salary Traditional IRA Roth IRA HSA ESPP, 15% discount, max contribution 10% of salary Other
Hi! I have a few questions on the backdoor Roth in which I’ve done a bit of research online. When it comes tax time, will my 401k vendor (Merrill) give me the correct documents? I’ve just used turbo tax in the past but am worried of any documents I may be missing to adjust any tax. Also- when does the pro-rata rule come into play? I’m just nervous in the entire process as this is my first year doing this. TIA!!
Anyone else nervous about the future and not being able to retire at a reasonable age. How do you determine how much you need for retirement? Late 30s family inc. is $200k planning on kids as well
Should I be worried that my 401k YTD return is only 4.13%? Not sure how accurate that number is, if it is....pls help 🥲
30 y.o. M here, just changed my 401k allocation from a target retirement fund to 85% S&P500 and 15% international index funds. Anyone think this is stupid? Thoughts appreciated!
401k rollover question — has anyone rolled over their 401k to their Roth IRA instead of a traditional IRA. or new company 401k? Can you explain your strategy here?
For people who have changed companies what is the best company to move your 401k, I am thinking of Vanguard are there any other better options
Hey any suggested way of how i should split my investment post 401k max out n IRA? Say i have 50k in saving then around 15k in HYSA, 20k in S&P500 and 15k in stocks? Something on these lines as in what is suggested
Can anyone explain CLEAR to me? I have Global Entry which includes PreCheck but was sent an email from United about CLEAR.
I have an upcoming modeling test for an interview. Problem is, I have a Mac. Do people here suggest I use my Mac? I don’t feel like spending money on a pc
Need advice for resigning while on bench. I already have a start date with the new employer. Should I do a traditional two week notice or give <=1 week notice instead? My goal is to not burn bridges, but I also don’t want to get let go on the spot since I have nothing to “wrap up” besides HR tasks. I’ve read on here that sometimes they will let you go day of and pay you out for two weeks but I don’t see why any firm would do that for somebody not currently performing billable work...
Anyone here from KPMG Toronto IARCS? I would love to know more about what is done in that dept, what your day to day work looks like, work load, working hrs and salary
Piggy backing on my podcast post: I work mostly in film...when it comes to pure audio talent (radio/podcasts) are there set union rates comparable to SAG? Or can you set your own?
What are people wearing to zoom interviews these days? I have a couple with PE firms coming up and I’m not sure if I should go with the athleisure look or full on suit and tie?
How is IBM Enterprise Strategy? WLB, Comp vs B4, team culture, work overall. Appreciate any insight- thanks!
Call it “diversity theater”: the many PR rituals and bureaucracies obscuring the line between the value of diversity and how companies actually treat their marginalized employees trying to make a change.
This may be just a naive/dumb question, but how do you relax when you’ve got a really stressful file? I’m a junior and I’ve been putting in ~10ish billable hours a day recently, which is more than I’m used to. The evenings (post-8pm) are generally my time to decompress - read a book, watch dumb tv, whatever - but it’s been all work lately until 10 or 11pm and I struggle to go straight from work to bed. Any insight on what everyone else does?
Currently evaluating an offer from a data analytics-focused consulting firm, with the ultimate goal of moving to the investing world (e.g. a hedge fund). Is this a possible exit opp? Trying to figure out my paths
Does anyone have any tips for switching from a Business Analyst role to a Product Management Role? Context: I've been in federal consulting for the past two years with a degree in Economics. Thanks!
Why do MBA hires make so much for only 2 additional years of courses? Even when looking at the classes, it doesn't seem like anything crazy you couldnt learn from some other avenue?
This has extreme 'bargaining with a child' energy.
MBB Experienced Hire 🐠 - did you have strategy experience when you applied to MBB? I have some Tech, and M&A experience. Do you think I can be a good candidate (applying at Assoc/Consultant level).
Thoughts on resigning before or after partner’s 4 day long weekend/ mini vacay? I wanted to do before so as to give a full month of time as I think she will really need it. (And if she doesn’t then I can get started on my own firm). I figured this way she had more time to think about how she wants to handle future of firm but also I do not want to ruin her vacation. Tips? Advice?
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