Have an HSA, got married 3 months ago and spouse has an FSA I’ve done some reading and I understand there’s an issue with us having both of these open as a couple, just not sure what the best course of action is. Should we close one of them? submitted by /u/BawtleOfHawtSauze

Most useful place to put a small windfall? To my very complete surprise, I just heard I will be receiving an inheritance from my aunt, who recently passed. I plan to pay off my car and make some badly needed home repairs, which will leave me with about $50K in cash, maybe $75K. I have never had that kind of money before and I’m worried I will screw it up. I don’t think I should just leav…

How do I setup an HSA if my employer doesn’t provide one? I recently accepted a role at a company where if I took their health benefits, I would make north of $10,000 less. I am not sure why their insurance is so expensive, but I decided to go without it and purchase my own plan, and need to get one before open enrollment ends on the 15th of this month. Currently, I live with my family so my general co…

Debt collection scam or a real stupid debt collector? A unknown number called me I didn’t pick up but they left a voicemail “we have called you a few times with no communication back at this point we have done a complete liability report as well as an unemployment verification, which will go back to our client and they may file this with County by the end of this week for final concerns, our offic…

Messed up backdoor Roth. Am I hosed? Early 2024 I maxed out my Vanguard Roth IRA for the year. I then unexpectedly made more than the max income limit. A few months ago I recharacterized the contribution to a new vanguard traditional IRA, and then did a rollover back to my Roth IRA. I just now realized that the pro rata rule applies to me because I have 50k in a fidelity rollover I…

22 year old with cc debt. need advice. i am a 22 year old with cc debt. i would like to pay this all off by the end of the year. please give me any advice you may have. i have 3 credit cards: chase, apple and capitol one chase – $1,600 / APR 19.24% apple – $700 / APR 26.24% capitol one – $1400 / APR 0% i am currently working full time making $22 an hour. i don’t have any car p…

Is it just the UK that has regular saver accounts, or do other countries have them too? I’m just curious more than anything. I’ve come across people from other countries discussing savings accounts on here but I’ve not seen any of them make any reference to regular savers yet. For those who are unfamiliar with regular savers or know them by a different name, these are accounts which limit the maximum amount you can deposit into the…

I just got a letter from my mortgage saying I don’t have to pay next month and my new due date is 3/1/25. I haven’t made any extra payments, just checked. My monthly payments did go down $200, so is this just a way for the mortgage have my payments bump back up next year? submitted by /u/bobbydigital_ftw

How to get finances in order when parent dies? My father passed away this morning. My mom is not involved in their finances. I know my dad had a lot of debt (mostly credit cards, but they still owe on the house, the car, and he has a lot of medical bills). Do I need to hire a lawyer to help us sort this out? What kind of lawyer? I don’t know what she is going to be on the hook for. I don’t …

Spending 50% of my income to rent Please help if anyone has been in this situation. I make 2570 per month, i dont have debt and the apartment I’m thinking of moving into is a 10min walk to work which saves me money instead of buying a bus pass. The rent is considered Low income housing? (Calgary Housing company) and its 1270 with utitlies included except wifi and tenant insuranc…

Never had a 401k before Recently moved to a company that offers a 401k, it’s through Principal which I’ve heard isn’t the greatest. I have no idea what to even consider for my elections. If I elect nothing it goes into a vanguard target 2060 account. I’m in my early 30’s, and this will be my first 401k. https://imgur.com/a/ZdIx8PE submitted by /u/oylooc …

Dumb question about IRA contributions I have a nice problem: I don’t know where to save all of the money I want to save. I am maxing out my 401k already. ✅ I can fully fund my traditional IRA, but my income is too high to take the tax deduction since I also have access to a 401k. So I’m essentially paying taxes twice: using post-tax money to fund the IRA, then paying taxes when I wi…

For the first time in my life I’m making decent money and with 2 kids I want to be smart about it! Please advise! So I make around 60k per year dog sitting out of my home. On top of that, I just landed a 70k per year job as an independent contractor creating content. I’m fresh off a brutal divorce where my ex cheated and I have 2 young kids I’m the primary caretaker of. Honestly, I’m just super ignorant when it comes to personal finance and I’m planning on…

Trying to Help my Kid Go To College with an Out of State 529 I am trying to figure out what set of rules apply when the 529 is out of states. For example if I am in NC and I setup a 529 under Utah’s plan. On Saving For College it says that the Utah plan qualified educational expenses do not include k-12 and that the money will be taxed at the state level if the distribution is directly to a Roth IRA. How …

Transfer 401K to inheritor I (M58) am losing my battle with cancer. It has metastasized to my brain, prognosis is grim and quick, I am at peace with this. I have a daughter (F31) who will inherit what I have but I am wondering about my Roth 401K. I have only had a job offering one for the last few years so it is woefully underfunded for a man my age but if it were given t…

Grandparent 529 exempt from FAFSA? I recently heard that a new rule exempts grandparent 529 accounts from FAFSA consideration. With rising tuition costs, this is of interest to me, if true. Does anyone have more insight to share on this before I approach my parents? submitted by /u/sphrintze

What is the best budget app that is NOT zero-based budgeting? I looked through other threads and it’s all YNAB. I have no interest in the “every dollar gets a job”, super micromanagement of my budget. I currently operate on a very rudimentary system of pay-yourself-first but I would like to get better visibility into my income and expenses, as well as tie all of my finances into a single view, but also don…

I’m being ignored by the hospital for a bill I owe. What do I do? I’m posting here because I’m hoping somebody will have some experience with hospital bills. We had a baby over a year ago and have been battling insurance during the entire period, and now the hospital is simply not responding to us. It’s been almost 2 months until they last responded, and every time I reach out to them with questions on whether…

How do I redeem an old paper TIGR bond? My parents recently found a paper TIGR (Treasury Investment Growth Receipt) bond in their house that my grandpa had bought for me in 1985. It matured in 2004 for a significant amount of money. I contacted the bank that issued it, and they said that since it matured so long ago, they would have escheated it to the state where I live. So I contac…

Do you think AAA auto club is worth the money? I’m a single male with one 12 year old vehicle. I keep it very well maintained and do most of my own auto repair work. I know it’s running very efficiently. My chase credit card offers a pre negotiated tow benefit. submitted by /u/armchairquarterback2