#Business

Torpedoed retirement to get myself out of consumer debt crater – what to do next?

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Torpedoed retirement to get myself out of consumer debt crater – what to do next? Ok. So. 10 years ago, at age 30, i was sold an IUL as my retirement plan. I realized about 3 years in that that was not a great plan. But surrendering at that point didn’t make sense fee wise. Fast forward to now. I managed to dig myself into a giant consumer debt crater (60k credit, 12k personal loan, 7k left on car loan) and was at the point w…

Reddit Personal Finance 1.2k 2025-01-31

How to get back on the pay schedule as my last job?

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How to get back on the pay schedule as my last job? I have a new job with higher pay (yay!), but the day that the payroll comes out is different from my last position. For example, my last job paid me weekly on Tuesday, and my new one pays me weekly on Fridays. There is no real difference to us financially except that I just like the feeling of being paid earlier in the week. It makes me feel men…

Reddit Personal Finance 351 2025-01-31

How to maximize my dad helping me with car expenses?

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How to maximize my dad helping me with car expenses? He’s willing to give me $2000 to either repair my current car or finance another car. His requirements for financing: Take the car to a mechanic for inspection prior to buying. I’ve yet to find a mechanic so can I take it to anyone? It needs to be CPO or brand new if I don’t get the car inspected. He is willing to help me with my current car…

Reddit Personal Finance 382 2025-01-31

Withdraw 50k and avoid capital gains tax?

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Withdraw 50k and avoid capital gains tax? I am a 26 year old grad student. I have been investing for the past 9 years and I have 50k in a variety of ETFs. Should I withdraw all 50k in calendar year 2025 and immediately reinvest to harvest capital gains tax free? As a grad student, my income will be less than 44k even WITH the 20k I’ll earn in total market gain. I guess I’m assuming that…

Reddit Personal Finance 1.2k 2025-01-31

Google Demand Gen Campaigns Just Got A Major Update via @sejournal, @brookeosmundson

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Google Demand Gen Campaigns Just Got A Major Update via @sejournal, @brookeosmundson Google is rolling out new enhancements to Demand Gen campaigns, including expanded channel controls, AI-powered creative updates, and improved retail features. The post Google Demand Gen Campaigns Just Got A Major Update appeared first on Search Engine Journal.

Search Engine Journal 753 2025-01-31

Can I pay back a 401k loan after a decade?

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Can I pay back a 401k loan after a decade? I took a loan against my 401k almost a decade ago but then had a health event that precipitated a financial timebomb. Looking back to this now and wondering if I would be able to pay that loan back. I’ve seen some limited commentary about ‘plan specific’ rules’ determining payback, but this seems to be an outlier. Is the health event a unique fa…

Reddit Personal Finance 437 2025-01-31

Unique 1099-R use-case, can’t get good advice because nobody knows

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Unique 1099-R use-case, can’t get good advice because nobody knows Last year I did a direct rollover from an old Solo 401k plan into a new one. Pre-tax funds went into pre-tax, Roth funds went into Roth. So I need to file two forms 1099-R one for each rollover, but no tax is due. What I’m not clear on is if boxes 5, 10 or 11 need to be filled (and as a result, form 5329). The 401k had some funds that were origi…

Reddit Personal Finance 523 2025-01-31

Discovered dad owes IRS money, hasn’t filed in years, lien on house – how can I limit mom’s exposure and do I help him get out of this mess?

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Discovered dad owes IRS money, hasn’t filed in years, lien on house – how can I limit mom’s exposure and do I help him get out of this mess? I’ve just found out my dad is in a deep financial and tax hole. Owes the IRS ~$200k+ in taxes dating back to the 2000s, he hasnt filed (or paid) in years, and apparently there’s a lien placed on the house that is paid off (by my mother of course since he is so financially inept) He’s nearing 70, has a ton of medical issues, 0 savings, ton of cre…

Reddit Personal Finance 700 2025-01-31

tale as old as time y’all, medical debt.

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tale as old as time y’all, medical debt. ER bills: 2623 this amount is from years of neglect some are very old and some are from like some time in 2023 – sent to collections. this is the biggest one. these guys have been harassing me for years. lab tests: 457.54 – sent to collections. these are from my PCP, i thought i paid these off. i have been adamant about paying off my bills to m…

Reddit Personal Finance 599 2025-01-31

Best short term investment for $10-15k?

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Best short term investment for $10-15k? In a few weeks I will be receiving $20k in an inheritance. I plan to use approx $5k for medical reasons, catching up on bills etc. I might put some toward a car. The rest I plan to put aside to grow. But I have no idea where to put it. Shares? Term deposit ? Context: 35 F, Australian, employed but no savings and living paycheque to paycheque. …

Reddit Personal Finance 1.0k 2025-01-31

Worth it to pay down a mortgage to remove PMI and acquire a HELOC?

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Worth it to pay down a mortgage to remove PMI and acquire a HELOC? For context, my current loan balance is $485,000 and I pay 2.99%. To remove the PMI of $90/month, I would need to drop my loan balance to $435,000 ($50k towards principle.) Here is how I worked the math, and I would appreciate if anybody could shine some light as to why I should/shouldn’t do this. – Dropping the principle by $50k would reduce my…

Reddit Personal Finance 420 2025-01-31

Relocating for job offer, sell or rent or? Worried about pulling out of the market.

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Relocating for job offer, sell or rent or? Worried about pulling out of the market. I’m looking for some advice on a big decision my wife and I are facing. I recently accepted an offer for my dream job, which requires us to relocate from AZ to WA (she works remote). The base pay raise (33%) essentially covers COL increase (not including bonuses or RSUs), but we’re trying to figure out the best long term financial move. Here’s t…

Reddit Personal Finance 514 2025-01-31

Ask An SEO: How Long Does It Take For Schema To Rank? via @sejournal, @rollerblader

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Ask An SEO: How Long Does It Take For Schema To Rank? via @sejournal, @rollerblader Curious about the timeline for schema markup to affect search engine rankings? Explore the factors that influence schema implementation and its impact on rankings. The post Ask An SEO: How Long Does It Take For Schema To Rank? appeared first on Search Engine Journal.

Search Engine Journal 652 2025-01-31