If I roll my old employers 401k into an IRA this year, am I correct in thinking that what I contributed this year in that 401k still counts against my 401k contribution limit?

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Posting as :
works at
You are currently posting as works at

Contributions you made this year count towards this year

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Great thanks!

Might not want to do the rollover IRA if you want to do backdoor Roth’s in the future

Correct

helpful

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Welcome to the group. Can we share some unique benefits companies are offering?

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Is it just me or does anyone else know or have an inclination that their employer committed fraud after receiving PPP loans during COVID pandemic?

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Anyone work at Guidehouse Healthcare (Life Science) willing to talk me about the work life balance and culture? Received an offer and wanted to know what I’m getting into as I’ve heard negative things here…

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Hey Team

I'm on a H1B so I am supposed to pay Medicare and SS taxes, but my employer has not withheld anything- my hnr block advisor caught that but she just completed my returns assuming I don't have to pay those taxes

What is the right protocol in this case? Do I owe SS and fica taxes?

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Has anyone successfully claimed that income from a NY big law firm is not NY income based on TSB-M-06(5)I (May 15, 2006)? I think that my situation meets all the factors necessary. I am going to claim that the income should be sourced from Texas—I worked out of the Houston office from time to time while there. I was in Texas for more than half the year.

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Rip anyone with a variable rate mortgage

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What are the benefits of being licensed in multiple states? Do you use all of your different law licenses at least once a month?

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Are your firms providing guidance on PPP loans?

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CSR - hold or cancel? Firm has cancelled expenses on personal cards

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Hi fishes,
I'm 22 and planning to take a life insurance. I'm comparing all policies and max life seems attractive as it has good claim settlement ratio and less premiums. But there is no office near our area. My worry is that if there is a need to claim in future, it can be done all online by my nominee? Is it recommended to take policy online in any platform(like policybazaar)?
Other options I'm considering are SBI life, HDFC life which offices are available in my locality.
Please guide

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What is consultant salary in IQVIA? In healthcare sector.

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EY GDS india guys - what are the benefits after getting promoted as assistant director from sup associate??

Financial and non financial benefits

Please shed some light

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What would be your advice if someone asked: “I’m debating right now on buying a car or moving to the city close to a metro station so that I maybe won’t need to buy a car for awhile. I plan to buy a car at some point but I figured rent is so expensive that if I get a place close to a metro I won’t need to worry about it. But what I was going to ask you is do you think there’s a “good time” to sign a lease ? I work in Arlington but I’d like to be in DC. I’m looking for a 1br 1bath. “

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Does anyone know how taxes work if you move to a new state after selling? Do you pay the state tax to the tax you moved to or the state where you sold before moving? Basically trying to figure out if I should stay in Florida for the rest of the year or if it’ll be fine to move to nyc after selling (ny and nyc tax alone would be in the five figures)

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I need some help understanding how Estonian e-residency company would work if the operations are based in India. How would the tax part work?

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Fishbowl family… any UBS financial advisor training program here? What is the total expected income? My friend was offered 55k as base plus bonus…

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Are there any benefits at the Director level at PwC outside of salary and bonus? Bigger contributions to 401K, meal allowances, EA, etc.

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Why is there a culture of young realtors only? As a 40 year old realtor, I am far from retiring! As long as properties exist, I'll be here

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(LONG POST) On a contract job currently (work in healthcare consulting). Interviewed with a startup consulting firm in Jun’18. Loved what they were doing. Found we were a great fit. Got offer (contd)

Great question! And without getting too much into monetary policy.... Fed rates are set by the Federal Reserve which banks use to charge each other to borrow money. A lot of times these rates move together, however, a Fed rate increase does not instantaneously change the rates the bank offers.

Other types of savings account have seen an increase this year such as online savings accounts and fixed annuities.

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Does anyone heading into BCG final round want to do a practice case? Interested in finding partners who have significant prior casing experience only please!

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Is there a generic book that breaks down the different components of the financial system (i.e commercial banks, investment banks, merchant banks and etc.). I wish to share a book with interns.

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Hi All,

Any suggestions for music/sound design/sonic branding companies? Starting a sonic branding project that will apply across consumer touch points (online, apps, broadcast, customer service).

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Hi Fishes, Help me choose a better workplace. Nagarro 13.5
LTI 12.5 + 0.5JB
Deloitte India 9.25
Tech : Automation Testing
Yoe : 3

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Any current or past Thermo Fisher Scientific employee that is willing to share insight of how common is to get the full yearly target bonus?

Would you refinance mortgage in this situation? Current rate 3.25% 30 yr. New rate 2.625% 15 yr. Interest savings of $257/month. Closing cost of $4300, so 17 months to break even. Long term home.

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I have a UG degree in engineering, a masters degree in management (MiM) and now want to do an MBA after 3 years of ex. Do you think I have a shot at T-15?

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Are yale invitations pretty much over? 😭

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What % of MBA students do you think go spouse hunting? Let’s get some tasteful discussion

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For any folks who got approved for the San Francisco office as their return offer, did you get called today saying that you’re being switched to San Jose due to ‘pandemic related changes’? I’m trying to understand if that’s for everyone or just some return offers.

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Any recent BBH LA experiences?

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Got a McK offer, if I accept, would lose grad school tuition reimbursement from D (~$60k). Difference in base is minimal. Don’t intend to make a career out of consulting. Ideal exit is VC. Any thoughts?

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Thinking about taking my experience in tech (Recruitment, HR, Ops, Marketing) and starting a side business coaching folks in career and WLB. Would like to do this through less traditional means like breathwork, sound meditation etc mixed with the more traditional approaches of goal setting, self inquiry and reflection. I would like to help others avoid burnout and find meaningful work :)

Is this an appealing offering?

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Single women, how do you prefer to meet men during these precarious times? Dating apps can be a slog. Any female fish here want to meet up for a drink? 33/M/recent transplant from NYC. Send me a DM!

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Any Directors, Assistant Director, Executive Director from PwC. I need some information regarding the final round/ED round mentioned in my email.
PwC PwC

Anyone here who offered from IBM earlier but didn't join them at that time and after 2-3 month back requested IBMto to join them on same offer ???

Will IBM agree to re- rollout same offer ??

Kindly approach

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I've been waiting tables for the past 20 years. It's a decent job that has gotten me through some difficult times, but I am getting old and tired. What career path would be most advisable for me at age 40?

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I am looking for a paralegal position in the Tampa Bay Area. Any recommendations would be appreciated.

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Hey folks! Does any know since the Costco Mastercard switch from Capital One to CIBC, what happens to the price protection/extended warranty benefits for products purchased under Capital One? Does it transfer over to CIBC or am I SOL?

I’m googling but not getting a clear cut answer…

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Is it just me or are the cookies at 7-11 really good bang for your buck?

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Additional Posts in FIRE Financial Independence Retire Early

I (US-based) am trying to buy an apartment in a different country in which I do not have a Credit history / score. Any ideas / recs on what loans to take? I don't think a mortgage will be possible there due to my lack of history. I am considering doing a home equity loan on my current home in US. Is this the best option?

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Newbie investor asked me a question, they have $5k to invest and were wondering if they should put it in an index fund (S&P500 - which is what I’d normally recommend plus DCA thereafter) or if they should buy AMZN given that it is well off of its highs, is a solid company and would, in 12-18 months, likely grow faster than the S&P, as interest rates normalize over that time period, etc. That got me thinking… so I’m asking all of you, what would you do/recommend?

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any thoughts on using fundrise as an avenue to get into realestate investing?

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Made a profit of $100k. Got the cash a few days ago and haven't spent a dime on celebrating. I have become serious about the FIRE.

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Any disadvantages to buying VTI (manually) vs. VTSAX (automatically)? Apart from convenience/removing emotional decisions. Fidelity charge $75 to buy any amount of VTSAX. Seems insane fee when you can just buy VTI for free. Am I missing something here?

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Was there a post about how to start FIRE? I thought there was and can't find it. Also, at what age is too late for FIRE to be applicable?

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Should I rejoin Equinox? Background: I cancelled my equinox membership because I wanted to try out different gyms. After about a month and a half, I’ve determined I really miss Equinox. It’s kind of expensive ($250 per month, but only an extra $130 over an average local gym). I like saving money but my health has definitely taken a dive because working out is not as enjoyable. Am I crazy?

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When switching to a new company, what's my leverage to asked to be paid via my (S-CORP) incorporated company, by 1099?

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If you plan to coast fire, what jobs do you plan on doing?

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Hit my FI number today with the stock run up. #grateful2021!

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Should i be paying down my mortgage fast, or aggressively investing instead? My salary is 200k, my mortgage is 1700 but I pay 3000. I’m in big law (second year) and not sure how long I can last in this job, so that is why i was trying to pay my home off as much as possible (it cost 350k, i have 315k remaining on the balance)

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Has anyone invested in TIPS (Treasury Inflation-Protection Securities) before? I’m considering opening an account for my children and have read something about interests from TIPS can be exempted from federal income tax if used for higher education. What’s the pros and cons of investing in 529 vs TIPS? TYIA!

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Hi everyone, I’m looking for some ETF recommendations for long term growth. So far I’ve been putting my money into VOO and QQQ. I do plan on getting into crypto in the near future as well but want a majority in long term growth ETFs. (For context I’m 24, single, 80K salary, HCOL). I’d appreciate any investment/life advice as well.

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I’m putting my money into VT instead of VTI VXUS bc I really really don’t want to rebalance and want to be hands off. I did research on the tradeoff which was miniscule depending on what the individual wants.

I’m still concerned I’m making a mistake in terms of reaching FIRE even though I max everything I can. Thoughts?
Serious answers only please. I’m just 1 full year into this after some sporadic investments earlier in VTI and VOO. TIA

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Anyone follow Millennial Revolution?

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Looking for examples of monthly budget for couples with a kid and income of 250k -270k gross

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I am in my early 40's and have about $300K invested and some in cash. I have $70K in credit card debt (no lavish lifestyle, just 2 bouts of unemployment and some major medical expenses, even after insurance).

I live below my means, LCOL city, used car, max my 401K, save my bonuses, etc.

I am going to get a large bonus where after tax, I'll get a couple hundred thousand.

Should I prioritize pay off all credit cards or pay down half/some of the cards and use the rest for a house down payment?

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I’m going to be borrowing $100k from a family member for a real estate venture. We want to tie the interest payment to an inflation index. Any recommendations on publicly available indexes to use? I thought CPI-U but that’s not really a valid index for RE.

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Anyone tried strategy of buying a (row)house with separate basement rental and living in the basement and renting out the upstairs?

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