In simple steps, how do you use the Backdoor Roth IRA?

Confused on how to contribute pre-tax dollars, then convert it to Roth.

Thanks!

I’m leaving my job soon but I’m wondering if I should be truthful when I hand in my letter of resignation. There’s a ton of reasons but it boils down to: I’m worth more than they can pay me and I need to pay off these student loans. What should I say?

My work office is in philly but i wfh in delaware. Why im i paying for both state taxes as well as philly tax. Is that right or do i need to make some adjustments. Im at PwC currently.

What’s a good, practical tax book to read for someone who knows nothing about taxes? I feel like I should familiarize myself with them but don’t know where to start/find the topic very overwhelming and dense even as a finance attorney. Welcome to other beginning finance book suggestions too! (Already read Kiyosaki and Ramsey)

has anyone ever left a company after taking tuition assistance without staying for the required time frame. did you pay back the full amount and if not, did they further pursue? asking for a friend

I accepted a role in New York City but my direct manager said I can work from home in Boston instead. My understanding is that I would be paying NY taxes, but not MA taxes. Can anyone here confirm? Also, would my employer have to incur any additional taxation because I am remote? They’re a really small firm and I worry that this sort of thing could be prohibitive for them despite my manager’s approval.

Good credit card to open? Thinking Amex gold - anyone have it and recommend? Or any others?

Hello, is there anyone here that can recommend ways to make money as a notary public?
Thanks

Hi guys. I have a query with regards to the Income tax proof submission.

So I have claimed exemptions on the following-
1) HRA
2) 5 year term deposit(fixed deposit) under Section 80C
3) Interest on education loan under Section 80E

I have also provided previous employment details.

Guys I didn't know that we have to submit declaration forms as well. Can you please tell me which are the declaration forms that I would need to fill and submit??

Thanks in advance :)

Any suggestions for best credit card for wedding expenses. Planning for wedding in India. We have the following cards
1. Amex Plat
2. CSP
3. BofA
4. Discover
Not her of us have the card the other person has.

When it comes to stocks , I am investing in index funds with 8-10 years strategy . The typical index funds make 8-10% annually . However , when I live at MSFT , Apple they have increased 350% in last 5 years . What stocks should I invest with at least 5 years in mind ? Something safe but with returns better than index funds. What would your best 5 for next 5 years ? I will make my M1 pie based on the serious inputs here !

Why are properties in NYC so damn expensive? At this point should I just move elsewhere?

Any thoughts on the below mix of index funds for a portfolio? Too little? Too much?

VOO
VUG
QQQ
VGT
MGK
VIG

It always seemed like real estate was one of the safest things to invest in. Then the crash of ‘09 happened, and the market bounced back for a while. And now we’re in… whatever this is. It just seems surreal.

Anyone care to share side hustles they get into after leaving public? I was thinking stock trading, tutor, university prof, etc. about to be leaving and want to get creative paying off loans

Do Big 4 partners need to maintain any level of independence in retirement?

Is this a bad rate? 3.375 with 20% down on a condo in central Florida. 780+ credit score

Hey, visiting Austin from the north and think I wanna move here. Looking for a house . Single family 3 bd + and 2ba + . Wondering what good affordable neighborhoods to look in! Ideas and housing advice are more than welcome !!

where my mid 40s and up peeps at? where you working and what are your next career moves? life moves?

What’s a fair signing bonus to ask for if I’m countering an offer at 125k base? Is 20k signing bonus for a tech strategy (not FAANG) sr. Analyst role too much to ask?

Would it be too much of a reach to try to go for a financial analyst position if my only experience is in compliance tax?

Steak dinner at a nice restaurant...or Chinese takeout tonight? Solo for both...

Who has bad law April Fool's jokes?

Is Leo still the best agency in Chicago?

If not, what are the best?

Thanks

Is a 900k net worth for a single person at almost 40 good or terrible? I see posts from our US counterparts on net worth and salary and feel so behind yet we have such a high COL in Toronto.

All of my experience is in litigation but I think I might like real estate more. Any advice on how to sell myself to a real estate firm?

My firm allows us to go into the negative with pto. I’ve gone into the negatives but now I’m leaving the firm before I can bring it back to zero/above zero. What happens?

anyone willing to help me out and send throw this post some likes, need to access DM's, please and thankyou!

What’s a good wireless printer?

Would like to add scarves to my wardrobe, any recommendations for a male 🐟 ?

Trying to make a switch in my career to heavily software focused. I’ve been learning C++ using some online courses and I’m learning but I feel like it’s not practical when I want to apply to a job. Any good recommendations on how I can learn how to write/debug to get into a software entry level job

I am having 6 months of experience.
Can anyone refer me in a good company on java,js,SQL.

Last night I saw a couple getting busy (way too busyy) on the streets in bellandur area. Is this normal in blr? They looked from well to do households.

I am presently working as a Research Analyst (MBA 1.5 YoE) with EY GDS and I wish to work in HR or Talent function. What should I do to switch into those roles.

Any Suggestions

Thanks in Advance

When it comes to stocks , I am investing in index funds with 8-10 years strategy . The typical index funds make 8-10% annually . However , when I live at MSFT , Apple they have increased 350% in last 5 years . What stocks should I invest with at least 5 years in mind ? Something safe but with returns better than index funds. What would your best 5 for next 5 years ? I will make my M1 pie based on the serious inputs here !

My dream is to be a full time property investor (buy, renovate, build, sell, rent etc). I’m saving to buy my first property to fix up. Anyone have any tips to get started?

Just downloaded Robinhood on my phone and going to learn investing with small amounts. What are some resources to read and make informed decisions? How many $s should a complete noob start with ?

I’m originally from Brazil and most of my investments are allocated there.

Brazilian fixed income products are paying 13.25% returns and I’m wondering if it’s a good idea to secure this return in Brazil or if now it’s a good time to build a portfolio with US equities?

(90% of my money is on my Brazilian portfolio)

Does anyone put money into CDs anymore?

Shocked that Tesla is under $700 and Apple under $140. If you’re going to be in the market for at least the next 20+ years, these are steals at these prices aren’t they?

Straw poll: % of gold in your portfolios. If you have, any plans to sell? If not, any plans to buy?

Do you think any of the major cruise line companies will go bankrupt? Debating if I should invest.

Looking to sale majority of my holdings in next bear market rally. Does folks who do tech analysis think we have started one from Friday. Want to sale as much before we get another brutal sale-off before mid terms.

Can you still make money off of crypto?

I have $100K liquid cash over and above maxing out 401K, HSA, College fund, investments in Index funds and emergency fund. I plan to leave $25K for contingency. Of the $75K is it wise if I purchase I bonds worth $30K (myself, spouse, kid)? Current combined rate is 9.62 Does anyone foresee the interest rate drastically reducing? I don’t intend to cash them out before 5 years.

Considering adding a REIT index to my lazy portfolio allocation for my 401K and Roth Accounts. Thoughts?

🐟 - I rolled over $100K from old employer 401K to Fidelity Rollover IRA. What implications does it have on my ability to do backdoor IRA? We do not qualify for Roth due to income limits. TIA.

Is there any benefit to opening a brokerage account with the same broker? Currently have 401K through Fidelity but looking into Vanguard ETFs..

Is there a tool/aggregator that shows returns for different investments by accounting for both dividends and appreciation? And allows you to compare investments? I started using Personal Capital but haven't found a view that meets this need. Am I missing something?

Any twin toddler parents? I have twins (2 years old) and i am unable to figure how i would get them into college. With the current tuition costs and living expenses of attending college, i feel i can either buy a house or get them education. Any advice on how to plan savings?

If I have access to both to buy through Fidelity, any reason to choose IVV vs VOO? Why do you pick one over the other?

Is Tesla still worth it?

First baby, already saving in a 529 and UTMA Brokerage for him, what else can be done? Open to ideas on how to best set him up for future success - at least financially