Does anyone know if the 10% penalty and if taxes are waived on a death of a beneficiary? A friend of mine’s 17 year old pass away. I was wondering due to the circumstance, is there any way he can get around paying extra money by doing a 1035 exchange, rollover, withdrawal. Anything out there? Suggestion are welcome.

What are some of the investing must-reads that you'd recommend?

What is everyone’s outlook on crypto? I have some litecoin from awhile ago and wondering if I should indefinitely hold it. Thanks!

Want to make investments but the market has been going up. Any advice on whether I should wait for a dip or just go in. Newbie here so looking for perspectives

What stocks are you guy guys buying right now in this market?

Is there anyone from Canada here? I’m looking for some information on working out of the country, but selling insurance.
Thanks

This week in homebuying horror stories: offered $60k (10%) over asking on a house. Got beat by a last minute all-cash offer from an out of state buyer who was buying sight-unseen.

This is the worst.

Anyone have a good (and not exorbitantly expensive) accountant? My taxes have gotten more complicated than TurboTax and I can handle this year

My father took a home loan, and the same home is kept as mortgage.
I'm paying arround 22k emi for the same but unable to exempt tax as the loan is on my father's name.

I googled a lot how to transfer it but neither gift deed nor sale deed would work as the property is on mortgage that's under bank's ownership (until loan is fulfilled).
Tax is also getting deducted, I'm paying hefty emis.
What can I do?
Please advise 🙂

What’s the best credit card for points in the UK. I’m from the US and have the Chase Sapphire Reserve and the Marriott Amex

How long after you quit before your company removes your access to your FSA card?

When people think all I do are tax returns and I'm like "No, I do estimates and extensions too. You're just not rich enough for that"

I paid off all my debt (mostly student loans) earlier this year and haven’t changed my spending or lifestyle and the savings have been piling up. It’s getting addicting just watching it jump up after every paycheck. Feels amazing to no longer be in crippling debt and finally move on with my life.

Vanguard Digital Advisor ( 4 ETFs, 0.15% fee) vs HSBC Financial Advisor (15-20 funds, 1.5% fee) which one to go for nest egg growth 100k starting

Started my Roth IRA in 2019 and bought some funds that aren’t doing so well. I want to trade them for an index fund that the majority of my Roth IRA is in. Will I be penalized for “selling” before a certain amount of time? I don’t plan on taking the money out until retirement, just want to reallocate.

Applying for Uk visa from overseas- How do I know if I am eligible for IHS loan ( immigration health surcharge) can someone explain this here? Thanks a lot

Anyone has experience in investing through Angellist?

Sharks! I’m 33, currently working as a Java Architect (11.6 YOE, 40 LPA INR). I’m planning for retirement at my 40. Currently owning a house worth 1 Crore INR where I’ll be closing my home loan by this August. Please suggest diversified options of Investment for my retirement. I don’t have any investment till now (except the house) as I used my whole income to close off the Loan which I took in 2019.

For those of you who made your first million in net worth, what did you do next?

What’s the general guidance on the order to maximize retirement contributions for tax benefits for an normal individual and for a self employed/small business owner before moving to taxable accounts or alternate vehicles like cash value life policies?
I’ve seen for individual: match trad 401k->match roth 401k->max roth IRA->max trad IRA->max trad 401k->max roth 401k->max HSA
For self employed: max SEP IRA/solo 401k->max roth IRA->max trad IRA->max HSA

Of course situations differ but in general?

Monday Wordle 331 5/6

⬛⬛⬛⬛🟩
⬛⬛⬛⬛🟩
⬛🟨⬛⬛🟩
⬛⬛🟩⬛🟩
🟩🟩🟩🟩🟩

Do we get any confirmation mail, once we complete our probationary period of 03 months ?

What’s the top end of SM salary on advisory in Deloitte? This is at MCOL

Let’s talk marketing. What is your day-to-day like? What issues or wins are you having currently? What do you think the biggest trends of 2022 are or will be.

Hello my fellow shoal of fish. I am seeking recommendations for a lounge chair in my office. I currently have the adjustable stand desk and a relatively comfortable office chair (not when reclining) but the other half of my office is empty. Im putting in a 55” tv and need a recliner, lounge chair, or something of the sorts to put in front of the tv. Something where i can put my feet up. Conference calls are such a drag when i have to sit at my desk.

Anyone switch to Metromile from Geico. Since the pandemic hit, I don't drive anywhere an maybe do minimal miles on a grocery trip. Stayed with geico out of loyalty but the price of loyalty is 3 times what Metromile is charging

Are you in favor of opportunity zones? Why or why not?

Nursing is the only job I've had where I've wanted to quit every week. I always come back to it.

What is the band for SE1 & SE2 in Amex ??

Hi all,
I have one query. I joined natwest this month only. This vdi thing is very slow. How to work on this smoothly. Please guide.

Deloitte 🐠, How much revenue do you have to win and manage to make partner?

Hi all,
I am new to this portal, Need likes to enable chatting. Consider liking my profile.

Thanks in advance.

Received an offer for a Product Manager role from a midsized financial services company for $120k base + 15% bonus. Currently making $130k + 15% bonus in consulting with 4 yoe. Is this a good offer? Should I ask for more base or signing bonus? Or is this pretty fair? Very inexperienced in salary negotiations.

Anyone a CFP as a side hustle?

Behind every strong, talented Art Director is an ECD, a PM and three people from Account asking if the deck is done exporting.

Any opportunity for SAP Business Objects Developer? YOE 5+

Any tech companies with robust legal ops departments hiring? I’ve been staff side in big law for 5+ years and have a systems implementation and project management background. Looking for exit opportunities. Thanks!

I do not prospect. I open accounts while slamming a revolving door.

Best music/audio to listen to while working?

Is the use of "kind of and "sort of overused public speaking? I have been working with colleagues who use this terminology all of the time and it's rubbing off on me. Precision is lost.

Should people be fired for lack of people skills?

My latest prospecting idea is to get address of families with new borns, but I'm struggling to find a way to turn those address into phone numbers. Any suggestions are welcome

Not a CFP so I’m not truly in the know. That said, if I’m reading this article right, 10/2019 to maintain your CFP, you will have to drop your 7 license if you are dually registered?

Is anyone here a CKA as part of the Kingdom Advisors? Any thoughts? How many leads do you typically receive per month? Is it worth the cost?

What’s the general guidance on the order to maximize retirement contributions for tax benefits for an normal individual and for a self employed/small business owner before moving to taxable accounts or alternate vehicles like cash value life policies?
I’ve seen for individual: match trad 401k->match roth 401k->max roth IRA->max trad IRA->max trad 401k->max roth 401k->max HSA
For self employed: max SEP IRA/solo 401k->max roth IRA->max trad IRA->max HSA

Of course situations differ but in general?

For advice/fee based platforms: SEI Private Trust or Envestnet as your preferred?

Question for my 401k focused advisors out there--what programs are you using that is instrumental to your 401k practice that you simply can't do without? I'm being pitched on Envestnet & im not sold.

Clients I found = 99% retention, assumed/ adopted clients = 75%. True?

Anyone finding it harder getting managed money biz? If so, what changes or adjustments have you made in prospecting or sales approach? Thanks.

Client wants to buy individual stocks for his portfolio. Don’t care to manage unfettered stocks from clients that we catch blame when underperforming. What is your response to this client?

Hi All, what’s your perspective on the CFP? I’m looking to enter into Private Banking and I think it would help.

Also, for those who recently took the CFP. What material did you use to study?

So the fiduciary rule got tossed yesterday

What’s the biggest point of pain for you Indy’s, that tech or other services hasn’t fixed yet?

13 years experience and no college education. Best way to go about earning my BA and taking the CFP?

Real tips for overcoming shyness? I hear improv classes help.

CFP study programs:

I'm a little confused on Danko - does he offer a self-study option for the coursework requirement? On his website it looks like each module has a 4-day virtual class which I wouldn't be able to attend due to working full time. Does this program also include self-study material, and the classes are just supplementary/optional? I was also looking at Dalton for self-study and Danko for test prep. Thoughts?

TIA

Looking to grow my practice by acquisition I am CFP,CPA,MBA located in Central PA. Please let me know if you are interested in talking about your succession plan. Thanks!!