With social security potentially running out, why couldn’t it be an option for the govt to put $5k for every baby that is born in a year into an account Invested in a govt share class S&P 500 fund. Historical average is 10%+, which would provide roughly $2.7 million for a baby born today. Eventually, this would eliminate the need for soc sec tax, and would only cost $18 Billion a year instead of several trillion a year being deposited into the trust.

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Because the government would use that money to pay for other things instead of investing it. And by the time people retire there wouldn’t be close to what a person needs for retirement. Same thing that happened with Social Security.

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Wondering if I should look into anxiety meds (or if I’m just a baby and need to get used to this life).

Have you tried any? Did it help? Affect your productivity? Which ones? tya!

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Do people use their HSA to actually pay for health expenses or just as a triple tax advantaged savings account for retirement? Seems like all talk on here emphasizes the tax benefits of it, so I am curious if people use to spend or just save

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I’m surrounded by all you smart people (well most of you)... what’s your saving strategy and why? Tell me the following:

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Debt
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what do you talk about in your 1:1s?

I got lucky and now have leadership that seems to care about my career growth, but I'm 1. a little overwhelmed taking over a new role from someone who went on parental leave earlier than expected and 2. not used to thinking outside my day to day job, happy to keep my head down and just produce good work.

most of what I bring up in these meetings are logistical or prioritization concerns but I feel like my manager is expecting a lot more from me.

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I feel like I am failing my kid by having them in daycare with these increasing covid, flu and rsv cases. Shes 5 months old and already has had RSV, covid and has been coughing everyday since I put her in daycare two months ago. Please Mamas tell me Im not crazy for being stressed out😢

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How much do you take home after tax and maxing pre tax 401k while making 144k? Not sure if I'm doing something wrong with my withholding. I'm married filing jointly withholding at a single rate, 1 federal and 1 state. DC location. I'm only taking home $6k a month.

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Are there any government teachers who are dealing with student/parent complaints about what you are saying about the election? I've always encouraged open discussion but if they don't agree with something I've said they go right home and tattle. I've been teaching twenty years and this is the WORST ELECTION EVER!

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I’m contributing post-tax 401k offered by my employer to take advantage of the mega backdoor Roth. How often do people roll it over to their Roth IRA account? Like every month? I understand that any gains rolled over would be subject to tax but don’t expect it much given the market is down currently.

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I’m on OPT working full time in consulting. Under my F-1 visa, am I allowed to collect income from my country if I have a gig there? e.g If I join a college prep academy in my country, am I allowed to accept payment from them into my US bank account (as in they do a wire transfer for my help)?
Thank you

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Advice from any moms or child care takers.
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Has anyone had an FET cycle canceled due to high estrogen? My estrogen was at 338. The ultrasound detected a hormone producing cyst. Our RE thinks the cyst should be resolved in the next cycle or two. We've been ttc for our second child and it's been one set back after another.

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Took a blood test and found out that we are pregnant on 9/1. Our beta tests looked good. I have my first ultrasound appt not until 9/15. Are there any hcg test I can take at home so I know it's still rising appropriately until my appt? I'm being cautiously optimistic...

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Has anyone figured out how to not feel absolutely horrendous when you wake up? I dread mornings because waking it so hard for me.

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In GMS is it mandatory to declare loans, insurance etc. ? EY Is there any issue if somebody forgot to declare and signed?

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Ripple XRP - Bloomberg terminal, bank partnerships, Amex, and more - Forbes, Fortune, Business Insider articles - recent jump to $0.74

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What’s the best travel rewards card you have and why?

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IWD, because a guy on my team said to me "you get paid less because you get free money during your maternity leave" in the team room. And no one disagreed with him. Because I'm the only woman here.

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Should I buy a condo/house or continue to rent for a couple more years if mortgage+interest+hoa+property tax will be lower than rent? I'm looking for something small. 2 bed + 1.5 bath min of 1000 sq. I still owe credit card and student loan balance of $80,000.

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Anyone know the Deloitte ServiceNow salaries? I heard they are hiring - someone reached out - but just wanted to check the salary range they are offering.

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Hey folks! How are you handling the pandemic and work from home situation?

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Hi,
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Which month during pregnancy is best to take my wife on a babymoon? 👶🏽

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Can anyone explain what the Asset Wealth Management team at PwC does?

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Hello all, Any idea when amazon would start again hiring for Non-Tech teams, I've applied for multiple Non-Tech jobs in the portal but no response? @amazon

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Hey 🐠

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Freezing eggs. Tomorrow is the egg retrieval. Hormones are through the roof. Please tell me that 1) it doesn’t hurt, 2) these feelings aren’t real (it’s getting crazy in my head)

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Hi Fishes
I have recently joined bank of america, india branch, it's not been 15 days actually. And they are asking all the employees who are working from home to come to office. Which is 18 april. Can we as a employee ask the company to continue with the work from home model.

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New bowl and new fish to this bowl. Small number of us now but with the consulting practice growing more will search this bowl. Drop your city level to get things started! I’m a Principal Consultant in Charlotte, NC

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Anyone managing the SoulCycle. Equinox fiasco? The company’s reactive statement missed the mark and down plays the intelligence of their target demographic. A “passive investor”....smh

Post Photo
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If anyone in Orange County is looking for a new full time nanny, I have a recommendation. Feel free to comment or DM. Maybe I’ll be become a recruiter.

What blogs/books/resources should I seek out if I want to make the transition from passive trading (index funds/buy and hold blue chips) to more active trading (options, speculation, spending a few hours a week researching, etc)? I’m looking to turn my investing into more of a side hustle

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Additional Posts in Retirement Plan Advisors

Is anyone familiar with Wharton Group in Florida? Is this a scam?

Best place to work as a retirement consultant? Empower, Fidelity, Vanguard, T. Rowe, Lincoln, etc? New to field and want to get a sense of where my salary is at compared to competitors.

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Does anyone partner with any 401(k) robo-advisors like Guideline, Vestwell, Human Interest, Ubiquity, etc.? How are they compared to more established 401(k) providers? Pros/cons to any or all?

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What’s your tax strategy to minimize self employment taxes?

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Hey all! We are looking to add to our retirement plan services team. This is an admin/support role with no sales goals or cold calling. We are a $15b RIA with a $400mm retirement plan book to support. If you know of anyone who may be a good fit, please reach out. Great opportunity for growth! Comp is $75k-90k base with a bonus on top. Great benefits, flex schedule.

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I’m 9 years in. Currently taking the educational requirement for CFP through American College. I feel like I can’t focus because I am not really learning anything. Any tips to keep eyes on prize?

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recently hit the one year mark with my company and wanted to see about negotiating a raise, was curious to see what other people were getting paid for a similar role. I handle inbound calls for 401Ks and Pensions, processing transactions and investment changes. Currently at $60K a year. What are people making at other places working something like this?

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What is the future value proposition of the 401k Advisor in your opinion?

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What percentage of your clients are choosing to permit the CARES Act provisions into their 401(k) Plan?

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likeuplifting

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