Thanks so much EY! What is the max 401k match at your firm? Please list below using your firm.
How do I know if my 401K plan allows for mega backdoor contributions? I have it through Fidelity, but not sure how to figure out if my plan allows for it
Left to another firm. For my 401K, I have 2 options. Rollover funds to new firm or withdraw all funds in cash. If I were to withdraw all the funds, how much would roughly would I be taxed + penalized?
I changed my job earlier in the year and transferred my 401k from my old employer to Deloitte’s plan. Recently my former 401k plan mailed me another $100 check, I guess it’s just remaining balance that wasn’t available when I initiated the transfer. Can I just pocket that money and pay the penalty to irs? Don’t want to deal with the hassle of depositing it into vanguard since the check was payable to me. Any negative impact of doing so?
Just gotta tell someone and it’s totally gauche to tell anyone I know. My husband and I just hit a million dollars net worth—well, it was probably a few days ago but we just updated the spreadsheet with his 401k balance. AHHHHHH! I had planned to celebrate the occasion with a fancy restaurant dinner but we’re not going out during the pandemic. I’ll have to dig some steaks out of the freezer!
I make $130k and ~$86,760 after tax. Not sure if this is the right bowl.... but does this make sense? It’s ~34% tax. I do live in Mass aka Taxachussets but it doesn’t add up. I do 1% in 401k as I manage my own ROTHs with low expense ratios (don’t tell me this is dumb, Research proves it will always beat a 401k match because they kill you on fees you don’t know about). I also have the cheapest insurance. I’m thinking of an LLC play to fix this as I do have a side business.
History repeats from time to time but still greed seems to conquer everyone. We should always stick to fundamentals. Bitcoin , GME , AMC ... let me say it again: in this fake battle between Reddit and hedge funds the only people at loss are the noob investors. Hedge fund money comes from many of our pension and retirement account so if hedge funds loose it is ultimately the common man that suffers.
Thoughts on after tax 401k contributions?
I just started working a few months ago and get a 6% match from work, which I’m currently at. Should I go higher if possible? Is Roth better than 401k at this income level? Base is 75k.
Hey friends, 22 yrs old and would like to get any advice on investing in an aggressive target-date fund...which places offer better returns - black rock/vanguard/fidelity?? And is KPMGs 401k a TDF??
I have $17k left on a car loan at .09% APR, I could tackle this in 7-8 months while maxing our IRA and investing 6% of my income into 401k. However, every article I read says that with an interest rate like that I should just let it ride with minimum payments while investing that money in my retirement accounts instead. Thoughts? Would you opt for the mathematical benefit or psychological in this situation?
How can I accelerate my path to FIRE? Currently making ~$5.2k/month after taxes and send money to the following: - $500 for expenses (living with parents during covid) - $2.7k to max 401k and IRA with mega backdoor contributions - $1.5k towards down payment savings in HYSA - $400 to brokerage account
For non US citizens who don’t intend to stay in US long term... how are you investing your money? I have money in 401k but not sure if I want to keep doing that in the new year- worried about taxes once I’m out of the country
My portfolio is 10% RE, 9% cash, 45% personal brokerage and 36% in retirement accounts. If I’m planning to retire earlier but a huge chunk is in my retirement accounts, how can I access those earlier if needed?
FIRE please help! Buy or rent? I make about 64k in LA and do a 20 percent 401k contribution so take home is around $1.2k per paycheck. The max I could do for down payment is $50k which might not be enough for 20%. Currently have $10k car loan. Looking a 2B condo or apartment to rent/Airbnb out other bedroom. Is it worth it? Renting seems like burning cash to me and it hurts my frugal soul. Anyone have experience buying recently in LA area? Process is kind of overwhelming 😞
Thoughts of ARK funds (ARKG, ARKF and ARKK) for long term investment? I already have a good change in S&P in my 401K
How much are you putting into your 401k? I’m thinking 10% of my paychecks. About me: 29F, 140K annual salary, company match 6%
I have $215k in savings (401k, IRA, etc.) and make $115k per year living in a MCOL/HCOL city. Can I afford a car? If so, what kind of car can I afford?
I am so tired of Deloitte allowing bias towards MDs. Only because you are not an equity partner, your voice is automatically muted, you can contribute but you don’t get to decide. The minute a senior manager gets promoted to a principal, he gets on top of an MD with 15+ years experience and treats you like he is your boss. I mean this is a cast system at its best! I can’t wait to leave this firm, COVID can’t end fast enough.
KPMG's offer letter clause says "Purchase of computer at home: Rs.xx/- p.a. for all employees and one purchase is allowed for period of 36 months." Will this amount be part of my annual salary or would I be getting it only once in 36 months? + Are the laptops provided by the company or do we have to purchase our own (asking because of the above clause)
Any creatives have any tips for making it to Creative Director level? I know I'm talented and I work hard. I've been an ACD for four years (and was an Art Director for 6). I've seen men with similar experience surpass me in title. I know that the industry doesn't exactly work in my favor and I'm willing to go above and beyond to make this happen... Any thoughts on where to begin?
I want to write a program that takes in several matplot line graphs and detects which ones have similar "shapes" (e.g. graphs showing "up-down-up" patterns will be in a group, "down-up" in another group). Any advice on how to start?
Does anyone else lose steam mid-afternoon and wind up working until 9/10pm to meet your hours? I feel like I work late most nights purely due to the fact that there are like 2-3 hours where I can’t focus during the day every day or alternatively choose to run errands.
Guys, I have 2 offers from LinkedIn and another from NetApp. For NetApp, it is a support account manager and paying more than Linkedin . I believe linkedin is a better company to work, but Netapp's salary is more. Can you guys help me decide? How's work life at netApp and would be a wise decision to go for netApp?Google Microsoft Accenture Goldman Sachs
Anyone know of any production/pm openings in Atlanta? Just got laid off by JWT Atlanta on Thursday, effective Friday so trying to swim (fast) after getting thrown into the deep end. Thanks!
Been an attorney for almost 10 years, but recently moved from public sector (prosecutor) to civil litigation at small firm (5 attys). Firm doesn't have a stated billable goal (but partners aim for 1500 to have an "acceptable year"), my work is entirely dependent on partners throwing me scraps, but they have told me not to worry about billables while acclimating. Consider myself lucky or be stressed that I won't be earning my keep if I don't hit a certain number?
Deloitte partners, can you give me a good reason why I should be applying to your firm right now? Why should I be interested in a firm that would layoff of me and my colleagues the instant leadership thinks a global catastrophe will strike? Serious replies please.
90 day fiancé (this needs its own bowl): Choose between marrying Angela or baby girl Lisa.
Anyone hear back with a no from GPS? Were you given concrete answers or something standard?
I have 1.5 years of experience in audit and advisory at KPMG and is looking to switch into a strategy analyst career. Does anyone here work at Slalom in any of the Eastern region (Boston, CT, NY) offices? I know the covid situation is impacting the recruitment process, but I’d still love to learn more!
Anyone else have a wedding coming up this summer? Ours is late June, and we figured this wouldn’t us, but now reports predict it could go well into the summer. We plan to monitor, but stressful times
DeSean Jackson being a 🤡 https://www.washingtonexaminer.com/opinion/cancel-culture-will-come-for-you-unless-you-promote-louis-farrakhan How is this OK??
If data is the new oil, then theoretically, shouldn't consulting firms be well positioned to be profitable over the next 20-30 years?
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