Newbie backdoor questions:
I have a traditional 401k with pwc, want to do backdoor

1. Is the process: traditional 401k -> rollover to traditional IRA -> conversion to Roth IRA?

2. In any step of this process, will I incur a tax penalty due to age (I'm in my 20s)?

Any help greatly appreciated!

Has anyone taken up the Personal Capital investment management service that they offer?

They say they will manage my 401k but to do that they will require my credentials that I use to log into fidelity. Is that normal? Has anyone here done that before? Any feedback or experiences of using them?

I just got a FAANG offer with 290k TC (8 YOE), so I am trying to rent out my place as I need to relocate, but I am not able to find someone to cover my full rent and I am depressed because I am so not investment savvy and I can NEVER EVER accept losing money in ANY SITUATION. Am I being insane?

For those who work in Healthcare IT, has your team considered moving to Cloud services? It makes me nervous because of hacking, etc.

So glad locked in a lower mortgage rate, they are on the rise. Any predictions of them going down again?

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

Better mortgage vs. Rocket mortgage - anyone shopped with both and what swing your decision?

Has anyone ever done evening team check-ins and found benefits to having status updates at the end of the day vs morning? Asking about this in terms of working from home on an audit. Thanks!

Should I do the IPG employee stock plan? Anyone else do this? Don’t even know if it’s a good stock or not

Any McK fuel people in here? Kinda curious about this segment in reference to deal structure. Is it all commercial debt?

How would you allocate $200K today, knowing (1) this is in addition to your HYSA, investment, 401K.. (2) you have no immediate use (3) if we see a drop in real estate price in the next 1-2 yr timeframe, this could be part of your down payment for a house in HCOL

May be this is off the topic..
One of my friend who is a doctor & is an international med graduate. He passed his United States Medical Licensing Exams with above average scores. He has applied fr the match last yr & was nt able to match. Match process costs around USD10k; this year he is applying again after borrowing funds frm different sources bt he is under tremendous pressure to get match. I feel his pain as he has studied for 10+ yrs and is struggling to match nw. I m nt sure hw I can help

The worse the news get the higher the stock market goes... it’ll reach all times highs when we’re all unemployed and Jeff Bezos and a few of his buddies are the only one trading

Okay guys give me a list of things to lower my taxable income. Make yearly with wife 200k.

Anyone deal with taking paternity leave during a 2-year clerkship? How long did you take and how’d you bring it up to your judge?

If JetBlue moves my departure time by 3 hours can I get a credit card refund or only travel bank?

Has anyone started an LLC, S-corp, or C-corp for your day trading? If so what are the requirements for getting started with that?

Anybody in here trade options? I trade Iron Condors and have been having success with that but would love to hear what other people have been doing

Looking for 2bhk near Ascendas IT park Taramani, Chennai. We are 4 myself, spouse, 1 year old kid and my mother she is old. Safety is my priority as myself and spouse are working, only my mom and kid will be home after we leave to work. Please suggest some safe apartments in and around.

Are Bain expense policies same across levels? Are there any limits to meals/ beverages that you can claim? Is it in line with MBB?

Hi All, How many days do I need to wait to receive offer letter from @ Wells Fargo. I have submitted all required documents. How can I know the status?

Switching team internally competing with external candidates. was asking a promotion for next grade midpoint but was ok to accept >=50% hike which i told hiring manager before the process start itself which he said will consider if I'm the one selected.

Attended 5 rounds-- 1 coding, 2 technical, 1 managerial, 1 hr. Now after 2 months telling me I'm the selected one, but offering me just 20% hike and same grade

Any chance for negotiations? Any tips or guidance are appreciated. please help

I’ve heard a ton about business salaries in the other bowls. Interested in where everyone is with engineering backgrounds. Degree, YOE, Industry, Salary

Hey folks , I am about to buy am office chair for my personal use , would love to get some recommendations from you'll
I wish to buy an ergonomic chair with my budget being upto 20 k
Do let me know any recommendations if you would have.

Since the Job Market is quite hot. This place is to put all your interview questions so that it might help others as well.

Hi, amateur question. Is there any difference tax wise on letting an option expire vs sell for nothing? I assume both are tax losses that you can compensate with gains in other options right? TIA

What things have you stopped doing since the Pandemic that you think you won't go back to? I am giving up Manicures

What are your thoughts on the future of RPA in the next 10 years considering all the tools/vendors in the market today?

Has anyone tried to take an in-person GMAT recently? Are they allowing in-person tests or have you been rescheduled?

Anyone working in Pharma industry?

Any idea what all features of screen tracking tool lti is utilising?

What are some good companies to work for in technology space, especially cloud consulting and architecture. I already know about Microsoft, AWS & Google but asking to see others within technology consulting space.

Hi ...Any openings available for Office365 and Exchange Admin with 12yrs Exp.
Thanks

Hi all, I am trying to DCA bi-weekly into Vanguard ETFs, (VO, VTI etc). It seems like Fidelity does not support auto buying of non-Fidelity ETFs. So I was wondering which of these options you think is best?

1. Open a Vanguard Invest account
2. Look for Fidelity ETFs that are similar to Vanguard ETFs
3. Use smaller brokerages like SoFi l, Robinhood etc.

I really do not want to manage nor be active. My goal is to log-in like once every 6 months.

Thank you all.

I know there is no black & white answer, but what’s your thought process in deciding when to sell and keep the profit?

I started a small LLC on the side. My company is getting it's first client this month.

Wondering if any 🐟 have recommended resources on setting up initial consulting business thru an LLC.

Books, websites, tax strategies etc.

My LLC is already incorporated, but looking for guidance with the next steps (creating contracts, invoices, etc)

When you’ve accumulated 14 days of PTO, would you measure that as 2 weeks salary (1 paycheck) if you exit the company? Or are salaried employees paid only for week days thus 14 days PTO is nearly 3 weeks of salary worth? What’s your take?

Does anyone use Ameriprise for their Roth IRA? Anyone know of any funds you can buy in an account with them that don’t have trading fees?

Can you set automatic investments in TD Ameritrade? Looking to DCA at the start of every month into index funds without having to manually buy. Thanks!

Auto rebalance (every 90 days) or manually rebalance as needed? I'd rather be more passive but willing to do it myself to save money. Btw if anyone ACN knows rebalance cost structure, please share.

I own two commercial rentals in heart of a tier 1 city. Opposite to my space is a mom and pop store. I have become somewhat friends with the owners of the mom and pop store over the years and they would do one of favors for me when I asked to take care of the rentals. Now the commercial rental is vacant and I have been approached by a mid size chain for potential agreement. The dilemma is that the big box store is direct competition to the mom and pop store. What would you do ?

Is it crazy to put down 50% if that down payment amount is almost 50% of your net worth?

House flip question

Hey all newbie here. My husband and I are living that Double Income No Kid life wanting to (Financial Independence) Retire Early.

Both in tech in the Bay Area. I’m in Arizona visiting family and am thinking of an investment property. Does anyone have a book/course/video that they personally have used and recommend for flipping houses? I want to do some research there’s a lot of content out there.
Thanks a bunch!

I am tempted to buy more stocks, but I also need the cash in next 6-10 months 😞

So should I just not be paying my student loans now? If dems win this senate runoff loans would for sure be canceled to an extent? I want to use this period of interest free payments but also don’t want to pay if I don’t have to..

What are your favorite personal finance books? I just read Rich Habits and really liked it. I am also reading the Psychology of Money. Looking to read some more!

If you contribute partially to traditional 401k & partially to Roth 401k at your company, does it get confusing at all when it comes time to withdraw? Is it better to (cont.)

If I have a six year old and 150k in a 529, can I say I’m done?

Is Deloitte allowed to use Robinhood? It's not a robo adviser and obviously you wouldn't invest in your clients. Or wealthfront?

Is it too late in our lives to jump into a mortgage?

So my fiancée and I are relatively late in terms of finally landing well paying jobs and being able to save money instead of living paycheck to paycheck. We’re both 36 and currently rent a 2 bedroom in NY and have a combined savings of $35,000 which she wants to use as a down payment on a condo. I kinda just wanna continue saving while renting. I also literally just started contributing to my 401K so I’m also late in the game for that too.

Any recommendations for cpa / tax services? Have a complicated tax situation with foreign income and business income. I live in Illinois but open to online options as well.

When is the Bitcoin bubble going to pop?

as another fish. have 13k left in car payments for another 40+ months, would you recommend doing a 10k onetime payment or investing that 10k instead. better to lower debt or keep paying monthly cost