roth 401 K for work and personal 401 – I am confused if I can contribute to bothy? As above, I am under the impression I can only contribute the max to my 401(K) at my work (I am 55 and its 31k-ish). Can I also contribute more to my personal 401 Roth? What is the total max per year I can contribute? Please ELI5. Thank you! submitted by /u/Sgt_carbonero

Car needs $6000 in repairs, should I just save for a new car instead? So like I stated my car needs $6000 in repairs. It’s only a lot because one of the issues has to do with the timing belt and other timing components. I recently paid the car off in November and I haven’t done any major repairs on it since I got it, 3 years or so ago. I’d say in 3-4 years I probably spent 2k on repairs. I’m just at a loss. I pa…

6.125% Mortgage or invest? I have an extra $30k this year and not sure how best to utilize it. I live in CA and mortgage is around $950k, 6.125%. Do I reinvest the $30k into my brokerage or pay down my mortgage a little? For background, I (30F, single) am currently not maxing out my 401k (just getting $15k company match) due to the monthly mortgage payment. I do max out …

21 year college student managing money So right I’m a 21 year old senior college student right now and have 18k student loan debt by the time I’m done with college it’ll be 21k But recently my car since freshman year went out on me forcing me to get another car. So I have to get another car, I have job secured paying 75k and 5K sign on bonus out of college, and I plan to get a roomm…

Physician, 457 account – traditional or Roth? I am lucky to be working at a university that has a 457 option. My salary is >300k, with 60k coming from the university and the rest from seeing patients. I can put 23,000 (23,500 upcoming) and the options are traditional pre-tax vs Roth. Not sure which option to put, as I thought that pre-tax is usually the way to go unless you expect to be spe…

What Should My Parents Do With My Dad’s 401(k) in Retirement? Hi everyone, I’m seeking advice for my parents, who are in a great financial position but unsure how to handle my dad’s 401(k). Here’s their situation: • Both are retired military (20 years of service each) and draw pensions. • Combined annual income in retirement is ~$180k, which includes: • Two military pensions. • My mom’s Social Security (sh…

Confusion around Backdoor ROTH and Pro-Rata Rule So I recently got a new job which I will be starting in early 2025, this job will put my wife and I over the income threshold for contributing to our ROTH IRA accounts that we have been contributing to for some time. I am aware of the Backdoor ROTH Strategy, but I have some questions / confusion around the pro-rata rule and how to avoid paying t…

how should i store my money currently im mainly just using wise probably a bad idea so what should i use for savings, spending, and maybe also for international spendings accounts since i travel sometimes i dont have much though tbh im just in my 20s submitted by /u/Content-Will-6262

US gov employee living in Europe. Paid in USD, rent is in EUR covered up to $50k by work. How do I minimize out of pocket costs? I’m a US government employee living in Europe. Gov reduces our base pay but pays for housing tax free up to a certain amount, in my case $50k/year. If I go over that amount, I pay out of pocket. I DO NOT keep the difference if I don’t spend the full amount. I am responsible for paying the bill, and the gov reimburses what I paid. My question is …

Company Acquired – 401k Action Hey all, think I have a plan here but wanted some thoughts from the greater minds. The company I was at two years ago was acquired so the 401k is closing and I need to roll it or take a distribution. I have not been working at all this year (by choice). It is a traditional 401k and I have been doing a back door Roth IRA the past 7 years or so. …

Used car financing with bad credit. EXPENSIVE Got approved for financing but the interest rate is well north of 20 percent. I refuse. Just can’t do it so I’m going to keep bumming rides and using the occasional Uber until I get my credit in control. Besides paying down my credit cards what should I be doing? submitted by /u/RefManTed

Should I Roll My Old 401k To New Employers 401k? Worked at my previous company for 2yrs and had a 5% match in a 401k. I chose their plan that matches the S&P 500 and have accrued a balance a little over $12k. That company went bankrupt and I have since switched jobs. My new job offers a similar S&P fund with 5% match. Now I’m conflicted on whether I should rollover the balance from my old plan…

I’m 21 year old college student studying IT I roughly making 25K this year but I made few mistakes. I bought a car and in a car loan trap now (so far i’m paying on time monthly) and a credit card dept around 5k. I’m helping my parents too financially a lil bit. What are the advice you got for me to reduce my dept should I sell my car If I do how ? submitted by /u/Ok-Meal3946

Tips I have for lowering your healthcare spending. Add yours! I am in the medical field and talk to patients about how I can keep their costs lower. What frustrates me is the absolutely needless spending when equal but lower cost alternatives exist, which patients don’t often know about. So I thought I’d hand out a few pointers to this community. By no means is this comprehensive, but these simple things w…

How Marketers Can Adapt To Drive Quality Over Quantity via @sejournal, @hethr_campbell Focusing on quality is key to success in your pipeline. Learn how to prioritize your target audience and optimize your marketing efforts for better conversions. The post How Marketers Can Adapt To Drive Quality Over Quantity appeared first on Search Engine Journal.

Google Reveals Top Searches Of 2024 via @sejournal, @MattGSouthern Google’s annual recap of the year’s top trending searches offers dozens of ideas for content publishers looking to capitalize on long-tail keyword opportunities. The post Google Reveals Top Searches Of 2024 appeared first on Search Engine Journal.

17 Expert Tips For Content Writing In 2025 via @sejournal, @beacarlota17 Get insider knowledge from top content marketing professionals. Discover strategies and tips for creating impactful, attention-grabbing content in the age of AI. The post 17 Expert Tips For Content Writing In 2025 appeared first on Search Engine Journal.

Can I make it on my own in Portland, OR on $2500 a month? That’s my gross btw. I’m 24 and I still live with my parents, but I pay $1k in rent, car insurance and internet. I’m starting to look around the area for apartments, but I keep reading about the 50/30/20 rule and I know it’s technically just a guideline but if I stuck by that, there’s no way I’d ever make it on my own, Portland is just so expens…

I’m very Dumb and I have low earning potential Canada I’m super slow, have low earning potential but I’m young and want to safeguard my future. I’m 23 and I have been diagnosed with Slow cognitive tempo and Adhd. I have extremely slow processing speed and I have extremely poor working memory as well. I’m just slow. I’ve tried medications, stimulants but nothing has worked. My body doesn’t …

Am I making the right decision selling my car? So this Saturday, Carvana is scheduled to buy my 2022 Honda Accord Sport. I’ve done some research on the reliability of Carvana for selling your vehicle and it sounds like they’re very reliable. They valued it at $22.2k and I owe $21.9k on it. Current payment is $624/mo @ 5.9% interest. I can afford it (I make roughly $65k/yr and I live at home…