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Quick qstn - I'm receiving HRA of 24075 from my employer but I would like dhow the rent paid as 96k p.a (while filing ITR). Even if I do so, I was only able to get exemption of 24075 from gross. Checking if we can speak to payroll department to increase Actual HRA since I'm actually paying more rent than compared. Will I be able to do so ?Deloitte Newco EY Accenture Genpact KPMG
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A1 isn’t wrong. You can get a high yield savings account at Ally pretty easily or other places. But you should also have an emergency fund of at least 6 months of expenses if possible. If not, just aim for 10k.
$75k in savings, $12k in 401k, $7,500 in SEP IRA, $77k in other investments (which was started by my dad when I was born & to be used for wedding), $0 credit card debt, $89k left in student loans
I went through citizens and have been pretty happy
Class of 2016. 55k in Investments, 15k Emergency, 12k Roth IRA and 20k in 401k. No student debt. Paid it all off last month.
Sounds right!
The real question is how much debt do you have and what the interest rate is. Then the analysis of whether all that savings should be thrown at your debt. Round and round the associate wheel we go.
Going to look into this. Thank you!
How much does OP have saved and what is OP's class year? Also how much student loans?
Graduated in 2016. Almost no savings due to student debt and high expenses😭 But I do have $150K in home equity, $65K on 401K/IRA. My student debt is $95K, trying to pay $2.5-3K a month towards the loan. I know many attorneys in my office do save, so I am just curious how’s everyone else doing🤓