Dumb Question about 401ks Putting in my two weeks soon at my current job. What do i do about my 401k? Can I roll it somewhere else? How do i do that? Sorry if this is a dumb question but in fairly young and this is my first time changing jobs. submitted by /u/Flaky-Intention-6416

(Can) Is it worth getting a loan to pay off my CC debt? I have $16K in credit card debt in 2 cards despite having a stable job. I feel like I’m stuck in a cycle of high interest payments ($350~ interest payments) that barely make a dent in the balance. Every time I make a payment, most of it seems to go towards interest rather than reducing what I actually owe. A friend suggested looking into a loan …

Have money in Columbia Threadneedle for last 20years from grandpa. Should I move it out? My grandpa put money into a Columbia International Dividend Income -I account. It hasn’t grown much in the last 20 years and I’m thinking I should move it out. Any advice as to what this account is? My dad told me to leave it in there, but I feel like in the last 10-15 years it has only growing $4,000 without me reinvesting. It’s been active sin…

529 – PHD Student living with spouse, is board rent or half of rent? Hi All, I’m a PHD student living with my spouse. We contribute to a 529 plan regularly and and then withdraw some of the money to pay for qualified expenses like rent and internet. I’ve been looking around trying to figure out if the qualified amount for rent/utilities would be the full bill, or only half? It’s under the university room+board e…

Best way to file tax on multiple streams of income My brain melts when dealing with taxes, please excuse me if this seems moronic Last year I was brought in as a paid consultant for a startup during buildout. Ultimately I agreed to sign on and eventually got put on payroll. I also provided a few contract services for the company that I got paid separately for. Aside from the payroll income all p…

Are these payroll allotments a scam? USPS Hello r/personalfinance. A little bit of backstory. I am a relatively new employee to the USPS, started in 2022. When I was in orientation, they went on and on about the benefits, how great they were, and so forth. Now, I know that most of those benefits are withheld for Career employees. 2 years, some months later, and I’ve paid off the car tha…

Credit One Bank Issues Has else had the following issue? I just initiated arbitration behind it. Closed my account in November with a zero balance (didn’t use the card anymore because my credit is substantially better than when I got it). Somehow, they messed up and didn’t close the account despite telling me they did. They kept charging the monthly “annual” fee. I th…

Is contributing $6000 a year into retirement enough to retire at 67? I am currently 45, single. Have a stable job with stable salary, making about $48000 after tax. Have $120k in retirement currently and growing, have a house that will be paid off in 10 years. I am planning to retire at 67. Not looking to live a leisure life but comfortably not having to worry about putting food on the table or medical expenses a…

What’s my best path forward here? (details in post, too much to list) Throwaway account because this contains personal info. Current financial situation: Income: $175K Age: 32 401k: $300K Credit cards: $7K (awaiting reimbursement from company for travel expenses) HSA: $20K Taxable brokerage: $43K Rental property (out of state): $56K equity, $1K net cash monthly (when fully rented, in between tenants currently), mo…

Advice on Unexpected, Large 2023 Tax Return Check Hi all, At the very beginning of the year, I (27M, if it matters) received an unexpected 2023 tax return check from the US Treasury. I verified it, and it is fully legitimate – the explanation letter that came in the mail shorty after said they simply made some corrections from my 2023 tax return – I had originally received my ordinary amount in…

401k partial rollover to Ira My mother is thinking about rolling over part of her 401k to a Ira to buy a certain stock. My question is will her employer still contribute to her 401k since she’s not rolling the whole thing over and will still contribute to her 401. Her rolling that set amount is all she’s contributing to the Ira. Also I’ve read there’s a 7k contribution limi…

Maxing out HSA Roth IRA and 401k what next? My goal is to retire as early as possible, Im currently maxing out my Roth IRA my HSA and my 401k. Where else can I put my money to grow my money by retirement. I don’t currently have 50k in liquid money that I would need to speak to an FA at my bank but I also don’t want to wait until I get that with just a HYSA until it gets to 50k. Where shou…

Most of my investments are in USA. But I’m planning to leave and move to Canada to retire Any suggestions on selling and moving money into Canada? Or can i just take annual $$ as needed. Any suggestions for minimizing fees and taxes submitted by /u/Individual-Craft7384

Looking for budget/home finance app for couples Hey guys, hoping this subreddit can help. My wife and I want to get better about budgeting this year and tracking our 401ks, stocks, credit, loans, mortgage, ect…. I’ve tried a few apps but they are all geared towards one single person. Are there any apps or even just websites that are meant for an entire household? I’d love to see my stocks si…

Paying off a little debt that has gone to collections A couple years back I rented an apartment and moved later in the year. I was assured that the apartment complex would only charge me until they found someone willing to fill the space. “Typically 3 months” was the wording used. 4 months later I was still being charged and could no longer make the payments for both apartments so I chose to let it…

Combining Finances Advice Hey everyone, so I’ve been engaged for a while and getting married later this year. I recently just combined checking account with my fiancé. He transferred everything over to my checking since I bank with a better company. We decided to keep separate savings. I have significant more amount in my checking/ savings and When I made him an authoriz…

Medical bill from 9 years ago Recently received a medical bill (under $1k) saying we owed money to a doctor. On the invoice it said it happened in early 2022, but we have no recollection of ever going to this doctor. I originally thought it was a scam but we called the doctor’s office and it turned out it was real. I told the office that we had never been there in 2022 and a…

Is there any benefit to making extra mortgage principle payments if you don’t plan to be in a house long enough to reach the end of the loan? Basically as the title says. As I understand, making extra mortgage principle payments only reduces total interest by reducing the life of the loan. But if you’re not in a house long enough to reach that point, is there any other benefit? submitted by /u/blackhat118

What steps should we be taking to protect ourselves and our finances now that the CFPB is being dismantled? Title. Now that the CFPB is effectively being neutered, it seems like any fraud, bank errors, etc all fall on us as consumers. What are the best steps to protect from the consequences of this? I’m just imagining how devastating it would be to have someone pull all the money out of my account, then be effectively told “we’ll get around to it, but…

If i cant do backdoor roth ira, can i make one for spouse? I have a simple ira thru my job so i cant do the backdoor ira. My wife has a 403b account through her job so can i just open a roth ira under her name and invest through her account with the backdoor method? submitted by /u/boombai12