Posts about 401k’s and IRAs dominate here. I never liked em for their restrictions. I buy land instead. Third time now. Tend to double my money at least, each time. Am I still missing out or I have I stumbled on something better???!
Any thoughts on shifting 401k contributions from traditional to Roth with the new tax code changes? I'd imagine a lot of us benefit from lower tax brackets in 2018.
Anyone have any good educational materials for participants in a 401k that you provide education for? Thanks
This will either make me feel sad or okay.... at 25, how much did you have saved? Not including 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%
401K Advice needed: Hello all, I needed money last year and took out $18K from my 401K. No penalty but will have to pay taxes. My goal is to roll over all my 401K to my IRA. Does anyone know if I still have to pay taxes if I return the money to my 401K? Any info would be appreciated!
How are you mitigating the risk of a looming recession on your portfolio (401k and investment) ? I understand time in the market beats timing the market but is there any hedges that can be made ....
How do you know when you have enough money? I got laid off in the spring, but don’t feel a pressing need to get a new job right away. Have 3 rental properties, all paid off, get about $3k/mth net from that, have about $200k in a 401k and another $200k in more-liquid investments. I spend less than $2k/mth and feel happy and comfortable. Not married and no kids... but would like that one day, so thinking of maybe saving some more money for that. Anyone been in a similar situation? Any advice?
Started a new job and trying to decide whether to rollover my 401k from my old firm at schwab to my new firm at fidelity or invest in a roth 401k. i've had a company 401k since I was 22 yo almost 15 years ago but the balance is embarrassingly low. Maybe i'll have better control in a roth? thoughts ?
Why is the market going back up already? Is this how it was in 2008? Should I keep my 401k same or increase?
Creating a company and going the self funded route. Is it silly for me to cut tax advantage account contributions (e.g., 401k) to gain cash on hand? - even if I lose firm contributions.
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?
For all the talk abt how fucked us Millennials are, we are saving twice as much as baby #boomers & they could be on track to retire richer than their parents.
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?
What are some of the best ways I can make compounding interest start working for me with little money upfront? Only have at most $500/month to play with. Already investing in 401k to get full D match
Hi, I'm undergoing a contested divorce for less than one year of marriage. Counselling didn't help. My spouse is seeking alimony though she is working in a good IT job in India and her father has crores of properties. Indian lawyers are seeking my net assets, tc etc. 1. Can working spouse expect maintenance as per indian law when she is wealthy 2. Do we need to include pf, 401k , ira into these? Since I'm working in US and she is working in India , do they consider PPP while granting alimony?
Setting up a 401k for the first time. Did you decide to do pre-tax or post-tax? Why did you decide that? Retirement savings and options are all overwhelming!
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
Covid sucked but I didn’t let it stop me from living. Met the love of my life and now getting married. Started two bad ass side hustles, got more fit and discovered peace thru Yoga/meditation. Also, quit drinking, two months now. Moral of the story, nothing changes if nothing changes.
Just found out that my godmother passed away from covid. She helped raise me. Feel awkward telling my manager that I need a mental health day.
Want to chat with someone who is Indian by culture and has married either arranged or chosen a love marriage. Going through a turmoil during these times and my thoughts are taking the better of me.. I’d love to have an opinion from someone who’s been through it..
Heard some people got H1B lottery results already. Hope we all get selected! Best of luck folks 🤠
Is there anyone who's in Deloitte epic healthcare practice who I can reach out to ask about a career there? Previous ex Epic, spent last 5 years doing Epic staff aug.
trying to help someone in Tax transition to banking. I am not familiar with tax promotion tracks. Person is in Montreal at a big4. At firm 4 yrs, a senior manager. Previously were a Tax Sr Manager at diff Big4. Prior they spent 7 yrs at yet another big4 in variety of tax roles. 1 more yr at smaller firm & 5 yrs school (BA & MS in accounting) Questions - When should this person make partner? how much TOTAL comp (Base/bonus/etc) is this person making at this point 14 years of work, 13 in big4
I have an interview scheduled for this Friday and I don’t think I’ll be ready or have enough time to prepare. I just checked my email and realized how much work I have to get done and it’s looking like I’ll be working a lot of hours this week so I won’t have much time to prepare for my case or technical interview. Should I email the hiring team and ask to reschedule or just not sleep this week so I can fully prepare?
My Indian Passport is expiring on June 1,2022 and I’m planning my India trip in December and getting my visa stamped too. Will it be an issue while traveling back to US in Jan first week since validity of the passport would be less than 6 months. Anybody faced similar situation? Any suggestions?
I recently got a verbal offer from KPMG strategy. Is that more prestigious than like, most other firms? Like, I know MBB is done with recruiting; I feel like below MBB for name recognition is the Big 4 and other firms aren’t as reputable. I’m trying to decide whether or not I should interview and apply to other firms or just take this one (assuming a written offer ever comes along). Also, I prioritize work culture and exit opportunities over salary, but don’t want to be paid below poverty line.
Hey y'all, kind of a two part question: 1. I enjoy the people management more than individual contributor stuff. What career paths do you see in our industry for people who are managing support engineering teams? 2. What certifications are valued today? Seems like being a AWS Cloud Practitioner is a good general one, but are there others that stand out?
Hey Sales 🐠, kindly requesting your advice. I have 4 YOE in customer success and 2 YOE as a presales solutions consultant, all in the health tech space. I’d like to grow into a sales role (e.g. Account Executive), but am not sure what a good next step should be. I don’t have any full cycle sales experience or a history of a meeting quotas, but I am comfortable in C-suite interactions. Any suggestions on what type of sales roles to consider next? Thanks!
So how did my client opened the week you’re asking? By telling the entire team (mainly consultants) that when the company stock was bottoming a couple of weeks ago they were looking to get out
Exiting T2 to a role in F100 with roughly equally comp. A lot of my peers are in the process with MBB. I can’t help but feel like I should have gone that way for a quick brand boost before jumping to industry 🤷♂️ Thoughts?
Can anyone share what salary one can expect for PwC, SC Columbia (SDC) at Associate level? Have heard there are multiple levels i.e. Analyst, Specialist and so on.
Any Business Architects here? Interested in best practices, knowledge share, book recommendations, etc...
Anyone have recommendations on what to setup financially for a child? Most people's primary recommendation is a 529. Anyone agree or have other investments/savings plans that are better?
Been in consulting right under 4 years. Salary started at 75k and I’m at 96k. That feels slow right? I’ve never had a poor review, a few stellar ones but most at above
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