Fishies, basic investment advice please! I have a Roth IRA with E*TRADE which I max. 10% to 401k (EY only matches up to 6%), and way too much just sitting in BOA checking. Does it make sense to open:
Question: I withdrew from my 401K during COVID in Nov 2020 because I really needed the money. The penalty was waived bc of Covid. Does anyone know if I can put that money back into my account?
Any Deloitters can share a little bit on how the pension works? From what I see 401k is 25% match of 6% of salary. Then pension is 1.5% of base?
Offer letter stated independent contractor with 401k eligibility after 1 yr. Almost 2 years in, just having 401k meeting after months of inquiring. Reviewed plan docs. I.C.s are ineligible. Thoughts?
Can someone explain the benefit of taking my post-tax 401k contributions and rolling them over into my Roth IRA? Does the post-tax contribution not grow in a similar tax-free manner?
Can we talk about why boomers are still working? Like y’all are messing up our vibes🤣🤣retire already man
How much do you guys keep in cash/checking? I have 60k in 401k/ira/investments and 45k accessible in checking. What’s your portfolio looking like?
Is this reasonable or am I missing something? I started maxing my 401k from year 1 and I hope to have $5 million or more by the time I retire around 60. Wouldn’t it make sense to put all of my yearly $19,500 401k contribution to ROTH 401k instead of traditional 401k? My reasoning is that I would pay 35% tax now and my remaining 65% would grow tax-free in ROTH 401k…. versus traditional 401k where I deposit 100% but every distribution will be taxed 35% assuming I make a lot in retirement.
I have about 40k in traditional 401k at Meryl from my previous big4 employer. This is the first time ever changing jobs and I feel totally confused with what to do with the 401k. Any advice please? Amazon has fidelity and It alllws rollover old 401k into a rollover ira. Is it work keeping as is , or rollover into ira(Roth/traditional) at Meryl or move to fidelity.
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?
Start tomorrow but I don’t get a match for 401k until 2nd year. Living at home and wanted to pay off my loans. Is it ok if I just do loans, max out IRA, and have an emergency savings? Projected CONTD
If company offers unlimited PTO, what else beside salary can you negotiate on an offer? Benefit package is standard (health insurance) and they do not offer 401k matching yet.
I’m expecting to max out 401K+Roth contribution of 19K by November. What happens after that? Will company still match 6% even if I can’t contribute? Also- what are best alternative savings options?
Anyone have any good educational materials for participants in a 401k that you provide education for? Thanks
Realizing to be comfortable (max 401k/IRA, 12mo expenses in savings acc, and save 2k a month) I’ll need to make 200k+ in NY :(how does anyone afford to live here
Not in IB or ER, but I have to ask (per CFA study), how common is it to run in to troublesome pension accounting issues? It seems like most companies have/are going the way of DC plans and away frm DB
What can I do to stay on top of culture and know the common man better? In lockdown and in habits to pay off in 5, 10,15 years
PPD on my project acknowledging the PDM people on this TSA project are staff augmentation ppl who will be laid off when project is over. Said having them allows us to (contd)
I’m going to lose my marriage if I stay in my current job. I can’t quit because I’m the only income on the house. I don’t have a new job yet. Hard times.
Is it stupid of me to apply to LS consulting firms with little experience in business? My only intern experience has been at a local pharma business. Other than that, most of my experiences are in a clinical setting.
Hi everyone, I'm working with EY GDS from last 3.5 years and looking for job change. Please DM me, if you have any opening in Account Management.
Those who do consulting for big 4. What’s your entry level pay for undergraduates in T1 cities?
Hi ladies - has anyone done a ‘panel’ interview with EY recently? Interviewing for SC / tech consulting. Would love some thoughts on how to best prepare! And if anyone has any insight on whether it is a behavioral interview or a case?
How do you communicate with employees who don't want to wear masks? Unbelievable to me people still have issues grasping this need.
Data Privacy/Cybersecurity attorneys — what does a day to day look like? I keep seeing job openings for these positions.
How can I re-negotiate my package and who should I be doing it with? I feel I am very underpaid. Currently I am working as a consultant in sap and have completed one year in D. I am a campus hire from a tier 2 MBA college.
Scared to change my LinkedIn to “Open to Opportunities” for fear of my company’s recruiter or parent company recruiter seeing it and then thinking I’m checked out. Should I be? I’m just curious what’s out there...
What is the salary for s2 risk assurance in Los Angeles? Risk assurance not on the IT side. I might transfer from core to risk & wonder if I should see a pay increase.
Does anyone know ball park comp for a Strategy & Operations Manager at Coinbase in Chicago? Recruiter reached out and would like to have an informed comp range. Background: Manager @ Accenture Strategy w/ 4 YOE.
Is MBA worth it? Worth it as in taking out loans, losing two years of salary? Also, whats a typical salary post MBA?
EY maternity leave, do you get 16 weeks plus Short Term Disability? Or just the 16 weeks?
Is 215-225k possible for an L5 role at Amazon Seattle? They are offering a lateral move from FB but only want to jump if +20% in comp raise is possible. Additionally, anyone familiar with successful negotiations at Amazon? Recruiter likes to play hardball but the hiring manager let me know she’s pushing extremely hard to get me hired.
Tips on dealing a project lead who is not quite knowledgeable on this particular workstream and keeps making things up in front of the client, then asks me to defend him.
New to Fishbowl?
unlock all discussions on Fishbowl.