Am finally getting around to rolling over my 401k from my prior firm's schwab account into my new firms fidelity account. I keep hearing a roth account would be best. can I split my contributions between both? how do I even open a roth account and how do I know how much to contribute ? if I max out my 401k in my firms account can I keep contributing to roth? I am lost....
Making 90K in Texas, it’s my first job out of college so I’m not sure of best retirement plan: should I max Roth 401k or Traditional 401K?
I left my former employer in Q4 2019 but didn’t rollover my Roth 401k prior to the crash, so I’ve left it there this whole time and it’s rebuilt nicely (not back to where it was, but closer)...cont
What is your 401k strategy? Do you use max matching from your org? Do you go above your org's matching limit to save more? Any other TAX SAVING tips on your pre-tax earnings?
I absolutely hate EY’s Fidelity 401k. Deloitte’s Vanguard answers the phone the moment you call. Meanwhile Fidelity I’ve been on hold for 20min+ and this is every time I call.
First person in my family to have a corporate job so I don’t have anyone to ask these questions. I’m wondering how much I should put into my Roth 401K? I currently have it set for 18% of my monthly paycheck. Is this enough? I’m 23 years old, first year on the job. Any advice is appreciated! Thank you
Anyone else feel like a 100k salary is nothing. Between 17% to 401k, and 87,000 in student loan debt anyone. I don’t actually have much money left post paying down rent and normal bills
Traditional 401k or Roth 401k? Which one do you guys recommend and what % should be contributed for either? Deloitte
Just switched jobs. Old 401k has more than $5k and new 401k is with a different provider. Is there any reason whatsoever to move the old 401k cash anywhere, either to the new 401k or to an IRA? Given that it's more than $5k, it can stay there indefinitely, right? I'm fine with the investment options with my old 401k. And I can transfer it over to a new IRA or new 401k anytime, even years in the future, right? Given that no distribution will come to force the 60 day rule?
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’m a newb at investing but let’s say I truly believed back after the first dip and slight recovery in Feb that this coronovirus thing would be bad, should I have moved my 401k to less risky? (Cont)
Basic 401k question - If I contribute x% of salary to max 19k limit. What happened in case contribution goes above 19k.Will employer does calculations and deduct only remaining portion in last payroll
Anyone have any good educational materials for participants in a 401k that you provide education for? Thanks
Is this reasonable or am I missing something? I started maxing my 401k from year 1 and I hope to have $5 million or more by the time I retire around 60. Wouldn’t it make sense to put all of my yearly $19,500 401k contribution to ROTH 401k instead of traditional 401k? My reasoning is that I would pay 35% tax now and my remaining 65% would grow tax-free in ROTH 401k…. versus traditional 401k where I deposit 100% but every distribution will be taxed 35% assuming I make a lot in retirement.
I spent the last 3 months "growing up" & now I'm ready to go. 1st thing is for me to get my own place. I'd like to buy instead of rent because I don't want to pay someone else's mortgage. I'm thinking of selling my car & cash out some of my 401k to buy a house. My thought is to put down 3.5% for a FHA loan then make a big payment towards the principal to reduce long-term interest. Anything wrong with this thinking or anything else I should consider?
At what age / salary were you able to max out 401k? Recognize there’s no “right” answer but trying to gauge. I am 23 making 88k and just moved out, I maxed it while I lived at home but probably going to have to budge and contribute a little less soon due to living expenses
Started my first job out of undergrad: base salary 105k. Grew up extremely privileged and have no debts of my own, but also no money of my own and I am completely financially illiterate. Any kind souls willing to help guide me on what I should be doing with all this money now? My company offers a 3% 401k match which I am maxing. Right now I’ve got a fat lump sum just sitting and wasting in savings.
Anyone use loans for renovation on a flip before? I’m looking for about $20K to work with and am debating taking it from my 401K vs loans
What are your personal financial milestones? Whether it be achieving a certain annual salary or maxing out your 401k contribution annually, etc.
Anyone have experience transferring stock out of Computershare? Rolled my old 401k to a IRA and am trying to figuring the best/cheapest way to transfer my former company stock to my taxable acct. I assume transferring to the IRA is not possible
I am in a situation where my group is about to be laid off. I have not interviewed for 8 years and never in the US. I consider myself extremely talented in the tech field and have contributed to many well used libraries and frameworks but I can’t even get an interview anywhere I apply. Are there any resources to get feedback on what I’m doing wrong?
What is a typical Tax Senior 1 salary at the Big 4 in the Bay Area? Looking to relocate and need to negotiate compensation.
I’m interviewing for an Accenture Strategy Manager role. How will the upcoming reorg impact that position, if at all?
Can someone refer me to KPMG for the indirect tax litigation role? Job Id: 21000BV5 Please leave a ❤️ or emoji/comment for more reach. Thank you🙏
Does McCann Health have their own bowl ?
My client had to stay on site until 5:30p yday and complained about having to stay late. I proceeded to laugh and cry at the same time
How frequently should one expect or advocate for a raise at a small firm? I moved to a new firm (about ten lawyers) about two and a half years ago. After my first year I got a 20% raise following a brief and exclusively positive performance review. Its been about 17 months since then and silence. I have the general sense that the firm struggled a little financially during COVID and I don't want to seem ungrateful or greedy, but apparently the firm is doing well enough to hire more associates.
Anyone worked at both ACN and D and can talk about their experiences? Was approached by ACN to work in a “functional role in the Cloud software practice”
I have managed and implemented Oracle projects for the last 10 years. I am a PMP, CSCP and PSM certified. I am looking for a change with a salary of 150,000. Any recommendations?
I have an offer from a company with 70% hike and have an interview with HCL In my initial discussion with HR, I didnt mention about the offer I hold. Can you suggest me what to do? When to inform about the current offer? Will HCL consider and provide a counter offer as its already 70%?
I hear transitioning at the M/EM level at MBB & OW is a nightmare. Is it the same for S& and EYP? Curious if it’s just this level where it is hard to switch firms.
For Baby #2, do you feel like the first six weeks were easier than with Baby #1 simply because you better understood what you were dealing with? And that the crazy no-sleep period *does* end?
If you’re worried about the classroom climate help with this resource. Helps kids transition back with empathy and equity for remote learners! https://m.youtube.com/watch?v=n9jcRsJ8NGc&feature=youtu.be.
How do you cope when you’re overwhelmed? I’ve been working until 11pm the past two weeks minus 1 day (bc it was my birthday) and I see no end in sight. We are short a few people (quit, parental leave, etc) and only have a few associates left in my group so I am getting everything from 6 partners when I am truly only responsible for 2. I know taking time for working out/etc is helpful but I don’t have the time because I need at least 7-8 hours of sleep or I can’t function. Sigh.
Three months into my first job, I think I didn't ask for a high enough salary. How/when do I course correct?
New to Fishbowl?
unlock all discussions on Fishbowl.