What does 401k mean?

Asked this in another group and realized this group might have more insight. Which one should I get: Chase Sapphire Preferred or Chase Sapphire Reserve?
I have a 1.5% cash back card from CapitalOne

Any Deloitte people trade on robin hood?

Have you experienced racism at work in the healthcare system? I have.

Do you know what project delivery benefits are there? Seems like from what I heard, project delivery limits to you a ton of resources at the firm... including degree tuition. Do you even get reimbursed for certifications?..

Moving from the US to Singapore soon. On a 90k salary, how much should I budget for rent? Ideally I want to live in neighborhoods close to central locations such as Tanjong Pagar, but I’m not sure if it’s possible.

I think AFRM is a solid long term stock. 1) Down 70% from highs, 2) Solid customer/revenue growth, 3) has partnership with Shopify/Amazon, 4) can get potentially acquired, 5) potential for more growth if recession were to happen. Thoughts? Open to criticism too

Ev bubble finally bursting. This rout will separate froth from long term plays. What are LT spacs or EV stocks you are doubling down. Hopefully another 15-20% correction in EV will be healthy.

Does it make sense to max out my 401k if I want to retire by 40-45?

Looking for purchase health insurance for business. Has anyone bought health insurance through their solo practice as a corporation. Any recommendations as to who to use. Small firm 1-5

When someone who doesn't know what FS tax is asks you what you do for living, do you say you are in tax or finance?

Looking for some boutique firms (healthcare/public health sector) that do work relating to social determinants of health, community health centers, population health, community hospitals. Any suggestions?

Can somebody explain this to me like I'm 5: what is the difference between whole vs universal vs term life insurance, and why would I want which one? If it factors in, married, 30, no kids (yet), my income is 7x my spouse's.

Hi All,

I am currently working in India. Recently I got a job offer from Germany. I have a doubt that I should go to Germany or continue here in India. Here are the benefits

Current company
28LPA Fixed + 3.3 LPA variable + 2 LPA Additional PF contribution. + 75000 USD RSU in Four Years

diconium GmbH Germany
62000 Euro/year

Can you all please provide your views which path I should follow.

Definitely took the wrong job. I was offered a seriously competitive salary and great benefits to work at a well funded startup, which is great! Turns out the salary and benefits were meant as lowkey bribes to insure I worked at the company without actually doing any work. Every single suggestion I've made has been shut down and I've been ghosted for several meetings with the CEO. What should I do? Just leave?

Does anyone invest in crypto ICOs? Based in US, looking for a good platform to invest through

I’ve been using CoinList, but lately all their ICOs exclude US - so maybe we just don’t have many available to us anymore

Looking to see how much other Provider Enrollment Specialist make including what their company's invests in their 401K

I’m so glad this bowl finally exists.

Why do so few producers take interest in learning technical information?

EDITORS.. do you find that you work weekends on EVERY SINGLE JOB when your cutting for the first screening? No matter what the job is like, no matter how complicated or not, no matter the ship date, I find that I have to work weekends to accommodate the first screening.

Hi friends, any agency editors gone from editing in house to art or creative directing? If so, how? I love editing, but I see myself in a more conceptual role down the road. Thanks for any insights y’all can provide ❤️

I’ve never had an Instagram or Twitter account. This confession is inspired by the post below.

Manger (SAE) & Senior Manager (AS) salary ranges at Edelman, Weber and W2O? Need some guidance on three offers.

Love the Texas haters who take shots at the power grid as if Beto will fix it (like Newsome fixed California power). At least in Texas 30 percent of the state’s energy is powered by wind.

#offtopic
Hello fishes,

I'm not from Mumbai and am planning to visit Mumbai for 5 10 days to do a workation kind of thing. Can you suggest something budget (like hostel or anything else). Preferably not in secluded areas.
DMs are welcome

Scientists are funny because we are just as excited if the evidence supports OR contradicts our hypotheses; win-win!

Has anyone been selected randomly for selective screening (SSSS) while traveling from India to US?
If yes, are there any repercussions during immigration at US?

Off topic - I will be moving to Hyderabad soon and planning to get my Delhi number 4 wheeler along. I don’t plan on changing the registration number. Do cops create problems for outside number vehicles without NOC in Hyderabad?

Anyone here lateral between MBBs (e.g., McK to BCG) at junior levels? What were your reasons for doing it? What was your experience making the move?

Hello! Any one in here who can give me a referral for a position at McKinsey and BCG? Thanks in advance!!

Looking to apply to MBB at 1-2 YOE after undergrad. Undergrad GPA isn’t bad, but not MBB quality. Will it help if I take the GMAT early and include the score on my app? How high is good enough? 750+?

What modeling courses would people recommend? Looking for a more detailed course

Hey I am new here could you leave some likes, so I can start sending DMs? :)

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?

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

Does it make sense to max out my 401k if I want to retire by 40-45?

Say you have $1mm in cash, is it plausible to put it all in a HYSA and take the monthly interest payments as income at say 3% APY and then quit your job?

Theoretically*

What are some personal finance actions that, if needed, must be done by end of year? Let's try to make a checklist!

Tax loss harvesting

Retirement accounts for 2022: can contribute or withdraw over-contributions until April 18, 2023 IIRC

HSA: same as retirement accounts

...?

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

24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

How do you guys invest on gold? Is it just buying the biscuit or do you invest in their stock/ETF?

What are your thoughts on buying a house now and refinancing later? (Hopefully when interest rates are lower)

Thoughts on personal loans to consolidate Debt?

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.

Just got promoted and now I’m no longer eligible for Roth IRA - what do I do now? Pause contributions to my Roth IRA? What is this back door thing people are talking about - have also heard it may be illegal soon?

I'm a long time user of mvelopes budgeting software, and we just got a notice that they're shutting the platform down at the end of the year.

Looking for a recommendation for an "envelope based" replacement. They suggested Every Dollar, but it doesn't handle credit cards well.

I racked up about $20k in credit card debt due to a confluence of things happening at once (move, school expenses , etc ). I have a fair amount of paper assets but not a much free cash. Assets are down a decent amount with the current market cycle and I’d prefer not to sell them to cover the debt , although they easily could. Any suggestions how to handle the credit card debt without racking up tons of ongoing card interest?

Recommendations for a good auto lender in NJ area? Looking to buy/lease a car

Any good wedding ring sources aside from Blue Nile?

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

What's the best 529plan? Heard Vanguard Nevada plan is popular due to low fee, or NY state one gives tax benefits upto $10k (but not sure if it matters for NJ residents working in NYC). What's the criteria for deciding 529?

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)

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??