Need answer to cashing out US 401k - are taxes and penalties paid out immediately before receiving the money or do you pay the tax on it after filing next year? Does it vary depending on where money is held, like Fidelity v. Voya, etc. And I’m fully aware of how bad it is to cash out but I have no other option at this time and it is critical. I just need to know what % from total in 401k I should expect to actually hit my bank account. TIA

Will Amex restricting guess access for Centurion Lounge actually make any difference?

I can see short term changes but the way Amex has been aggressively marketing Platinum card, we just will have overcrowding of primary card holders 🤷🏻‍♂️

What's next, everyone has to spend min. 50k a year to get Centurion lounge access or pay per visit.

Home appraisal came in 30k too low. Seller is an investment group. House was on the market 40 days before offer. What's the chance they sell at appraised value?

Does anyone have any good mortgage broker recommendations that will help find a way to not pay PMI?

My wife is using my credit card too much.
Monthly around 13K.

Everytime I confronted her the ending is always the same, I loose the argument and end up paying everything.

Can wife claim husbands PAN for HRA? Flat is in the name of husband

Can anyone tell me how to invest in gold or silver? I'm going to sell my home and need a profitable and somewhat safe method to invest the money.

Looking to buy my first house- Would it be a bit of a stretch to buy a house with a mortgage of 2.7k when I take in 3.4k bi weekly?

Hi all! I’m new! I started the year off planning to save for a home for myself, then rates skyrocketed. So we’re holding off. Fast forward to the final quarter of the year and we were presented with the idea of a residential assisted living facility. The problem there is we’d still need to acquire property in order to run one. The only difference is the RAL would be a business and is already registered as such. Does anyone have any experience here?

Any guesses/predictions on when this housing market gridlock ending? Reasonable prices and reasonable mortgage rates? Umm like a 2017 or a 2018?

What % or amount do you aim to save every month, and what have been you most effective tips at decreasing your spending?

What are the recommended tax saving options apart from 80C, HRA & NPS? Any insights would be much appreciated.

Which luxe car do you own/ lease? I’m gravitating towards leasing a Mercedes.

Single and childless but would like kids. High income and maxing out all tax advantaged accounts I can but was thinking of starting a 529 in my own name to be transferred to future kids. If I don’t have kids maybe transfer it to my nephew. Thoughts, pros, cons?

What is the best performing NPS available on market. Let's assume that I invest 50k per year for tax saving, what could be my retirement benefits out of this(30 yrs of investing). Please help me with calculation and suggestions.

I see two crowds these days. One thinks housing market will crash. The other thinks housing market will soar.

The contrarian in me makes me think this is a decent indication that housing market will stagnate (or increase minimally) for a few years.

As a general rules, I feel like the majority cannot foresee a crash/surge coming. The prevalence of such expectations would hamper the pre-conditions necessary for such a dramatic change.

For those who cold call on 401k plans, what is your approach?

Best credit cards for a non-road warrrior after CSR and Amex Plat changes? I think Amex Gold and the Chase Flex are pretty good - do not think CSR and Plat are worth it anymore

Sold all of my holdings yesterday. Don’t see this bull market holding for another week. What are other fishes doing?

Do T2 consulting firms (think Kearney, OW) and MBB hire experienced professionals WITHOUT MBA (I.e., is a prestigious MBA mandatory in the region?). I already have a post-MBA position

Hello All,

I am looking for yours suggestion. I am looking for to take admission in IIT Madras Bsc. Data Science course. Should i go for this?

Thanks

How do I convert my UK university score to GPA?
Scored 83% (First Class Honours)

What will the Software Engineer IV's CTC be in Cerner, India with 14YoE?

So the question has been asked a few times in the main Big Law bowl but keeps getting derailed into a political issue. As someone with a more conservative disposition anyway I'm interested in the day to day of life and work in Texas as opposed to NYC (or similar).

So, what are the pros and cons of living in Texas and working in Texas Biglaw?

Looking for advice in context of being a EY SM that will be part of NewCo if it goes through. Would I be better off shooting for MD this year vs waiting 2-3 years for Partner?

Might be off topic, but guys please, take care of your health. I've been rejected by all companies in the last 2 months.
I had my Walmart interview today and it went really well. And guess what? I got a rejection email.
I felt dizziness while working and fell down today.
I had to go to the doctor due to the anxiety and stress I was carrying since the last 2 months. It has affected my health.

It's important to push yourself to achieve your goals, but don't forget to "Live" in the process.

a few weeks ago we had a super busy day with scripts and i think i went into ‘autopilot’ because i don’t remember it happening, but i handed out the wrong prescription to someone (before you get mad, i only started a few weeks ago and i’m a junior assistant), out of all people i could’ve given the wrong medication to, it was a blind person. i have severe anxiety already and want to know some tactics to go back to work without guilt? i take guilt very heavy and struggle to get past it all

What will be the case if client doesn't like my performance.

Will they release me from there project before contract ends or any action in terms of termination from job will be taken by client or Nagarro.

Just wanted to know, has anyone went through this kind of situation???

Hello mates, Do anyone knows salary bank of VP in JP morgan for external joiners?
Location: Mumbai
Area: Tech (Data analytics)

What is average cost of living near jp morgan office in bangalore? (PG/ Flat/ Apartment)

If anyone wants to study for the CFE but doesn’t want to pay the full price for the study materials and would be interested to split it, please DM me

Getting ready to study for the CAMS exam. Do I need anything extra besides just studying the study guide and practice exam over and over. I’ve read online about people using AML assassin; is it worth it?

How useful is sponsorship as a negotiating lever for full-time roles? I realistically do not see myself going back to consulting after B school. I have to stay for 3-4 more months to keep my sponsorship but starting to seriously consider quitting ASAP

Left consulting for a corporate job and it's much more challenging and technical. I like it so far and feel I am growing tons, but tbh sometimes it makes me feel I am dumb and realize how much "easier" consulting was as BSing could really work back there 😂…

MBB AP about to exit to non-FAANG tech. Would you expect a signing bonus and/or pre-determined severance pay if things don't work out with the new company? Anything else that people have negotiated during their exit? I'd be leaving a large amount of bonus on the table to leave before the end of the year.

accountant said he needs my IRS pin to e-file. Can anyone confirm this is legit?

Has anyone asked for a refund for payments made towards student loans during the pandemic and actually received it yet?

Any good wedding ring sources aside from Blue Nile?

My dad stole my identity a couple
years back and tanked my credit score
- brought it down to like 400. I've
been working towards fixing it so that
my boyfriend and I can buy a house in
the next year or so. This morning, I
checked my score after not looking at
it for a while and I'm in the mid 600s!
Y'all don't know how happy I am
about this lol

Best ETF to invest in? I’m 24 looking to invest about $50k and don’t know where to put it. Nothing that’s super high cost or risky please

Debating between a few travel cards and need some opinions. Debating between Capital One Venture, Venture X and Amex Green card.

Live in a non major city with an international airport, but need to be flexible to different airlines. Which of those cards, or other cards out there, would be best

Invest in roth 401k or traditional 401k and save the difference for a house downpayment?

Seeking feedback on GAP insurance. I had a family member who purchased a car in June or July. They were in an accident last week and it sounds like the car will be declared a total loss. Never dealt with this before, so wanted to ask if anyone has ever had an instance where the insurance didn't cover the outstanding balance of the loan and the insured then owed money? Car was $35k, $7k down, finance $28k. Gap insurance is through lender, not auto insurer.

What’s a good baseline amount to keep in a checking account? I generally keep mine pretty low <1000 after paying CCs then dump the rest in savings. As I’m building a rainy day fund and then I will start contributing my brokerage account.

For reference <1 year experience at $4500/month (after taxes and 401k contribution)

Paid off my account debt!

I stopped contributing to my 401K for the last three months in order to pay off credit card debt. I am 28 and have about 68K in my 401K. Was this a smart decision? I want to get out of debt as quickly as possible and I have no student loans or car debt.

Keen to buy first home in Dubai but skeptical given the uncertainty around the global economy albeit high oil prices which is a positive for the region. What are people thinking? Anyone here from middle east?

In your opinion which is the best target fund to choose in IRA Roth?

I NEED HELP WITH CREDIT SCORE issues: Two months ago my credit score went down by 30 to 40 points due to dad missing credit card payment by a day (i got added to as authorized user on his credit card for me to build credit but now I’m filled with regret). I was devastated by it. This past month I have been making more payments and paid off my aug statement in full thinking it will boost my credit score. But I don’t know why it went down another 10 points. More below:

Under contract for nearly 1.1M. Wife and I are at HHI $315k. Will go up in the future, $400k in 3 years and $500k possible in 5-7 years. We have $300k in non-retirement funds, $260k of which will go towards acquiring the house. We have 2 kids and will probably reduce (not maxing) retirement accounts next 18 months to do this. Anyone have any thoughts or feedback? We’ll have to live on a budget and watch but I feel we’ll get used to it and income will grow.

I am 25 years old with roughly no savings. I am a consultant with a technical background. Are there any tips in side jobs/ways to make more money for savings?

My boyfriend and I make 200K combined and live in NJ. We have $1000 in monthly car payments combined. That’s all we owe. Our credit scores are in the 800s. We have 50K to put down on a home. We have done the math and I know we can afford much more but he doesn’t want to buy more than a 400K home. I’m almost positive we can afford 500K and be more than ok. But then he starts to talk about how much kids cost and how we will be house poor and we won’t be able to afford kids. 🤔 Am I insane??

I make 135k gross/year & am looking at apartments in a tier 2 city. 2k for a 1 bedroom or 3k for a 2 bedroom? I’ll be working from home and living by myself & a pup. The hesitancy is 3k is basically one of my paychecks after taxes. I live frugally otherwise with the exception of eating at a nice restaurant once a week. Is a two bedroom worth it?

I’ve always been a big saver minimum 15% to maxing out my 401k since I graduated college. I’m married to someone who thinks 6% is enough and likes $$$ cars. Other than the cars, they dont really spend money. For the married 🐠, how do you have the conversation with them that what they are doing isn’t enough? I try to guide them and say you want the $$$ cars but the salary you have won’t get there and you’re going to have to find a job that gets them the salary…. Then the fight starts.