Rolled over Roth 401k into Roth IRA. Didn’t realize employer match was pretax. Although it seems it may be common knowledge, I was unaware that not all of the money in my Roth 401k was Roth. After I left my previous job last year, I rolled over my Roth 401k (& employer match) into my Roth IRA with Vanguard. As you can guess, I have a fat tax bill on the employer match portion of my Roth 401k. Is there anything I can do at …

HSA investment account not growing ? As the title states I have a HSA and make regular contributions, last September I reached the threshold to add a certain amount to investments and I did so accordingly, however since doing this and adding to the investment balance. I’ve yet to see any growth/loss in this account. The balance is just what I’ve put since September 2024. For refer…

It worked for me – reduced dentist bill Thanks to all the advice I’ve read about medical debt here on r/personalfinance I called my dentists office to 1) ask about a credit that I didn’t see reflected on the invoice and 2) request a payment plan. I was recently laid off, so although I could have paid the lump sum I wanted the money to be in my account just in case. They issued the cre…

Late but not lost: Saving for retirement while semi retiring My married relatives (he’s mid 70s, she’s mid 60s) have effectively no retirement savings. But, they own their home outright and have established a moderately successful business with an annual profit of about $150k. Their business is their lifestyle and they recently started talking about scaling back and semi retiring. But we aren’t sure how b…

I sold my house and made 36k. What in the world do I do with it??? So for some context, I’m 25(m) and I sold my house. I’m moving back in with parents (I’m newly single after divorce) because I really want to save and invest as much money as possible for either a house or early retirement. I’m a teacher and make about 50k a year and will probably pick up a summer job as well. What should I do with the money? I …

Divorced parented dad having an issue with taxes here… The ex and I got divorced several years ago. In our divorce decree it is ordered that we alternate tax claims for our child. This is the year where it’s my turn to claim her as a dependent. We are both custodial parents and have 50/50 custody and complete 50/50 joint decision making. Anyways… I was using freetaxusa for the first time ever, and…

Found an old stock certificate, now what? I found an old stock certificate for The Bank of Canton, Limited while rummaging through my parents belongings. A quick google shows that it has been acquired by Security Pacific National Bank in 1988, then Bank of America (renamed to Bank of America Asia), then finally sold to China Construction Bank in 2006. The certificate was bought in 1926,…

Never invested. Thinking about it. Any advice for beginners? Looking at stocks and what not. Maybe I’m in the wrong sub. But I see a lot of money being made in peoples posts. I know people have gone down the rabbit hole but I am not addicted to gambling I barely gamble as I have no money to do so. The only thing I know is whatever money you invest it has to be money you don’t need. Throwaway money I think…

Found retirement money, what to do? I (54M) was recently contacted because there was a pension plan (!!!) I was enrolled in over 30 years ago at an old job. It’s only about $30k total, so I’m not looking at property in the south of France or anything. The pension is being dissolved, and I am being given 3 options for my money at the end of the year. First is just a lump sum distr…

Helpful Money Habits Ive found small habits when it comes to money are the biggest difference makers. For me, it was simply checking my bank account every morning. I used to avoid looking at my balance, and because of that, I’d overspend without realizing it. But once I got into the habit of glancing at my transactions daily, I started noticing little things: subscr…

Paying off deceased mother’s debt with lowest tax implications My mother passed last year (fuck cancer). She had far more money that we expected but certainly nothing that’s in the realm of “we can stop working the rest of our lives” money. The majority of the money is sitting in a traditional IRA that has her children as beneficiaries. For round numbers, let’s say that each child gets $50,000, though I don…

Need advice on paying $21,000 credit cards debt I am 24 years old. I’ve been stupid enough to overspend more than i could afford and I regret it. Need advice on what would be the best way I can pay this off, it’s been annoying and I wanna pay this off ASAP, my credit score is going down to 590. My annual income is $53,000-55,000. Chase sapphire interest is killing me $200. Wish i was more wis…

Someone bought a flight ticket with my debit card and I got the confirmation to my Gmail Yeah well, I’ve blocked my card, but does this mean my Gmail is compromised? I was also called by the airline customer service… Process is ongoing with my bank but does this mean my Gmail is compromised, or how does that all work? I’ve bought a ticket for someone else and got the ticket to my Gmail, but can’t see any activity on the account ei…

Moving from WA to CA. Any state taxes or unique taxes I should be aware of? As the title implies, I have been offered a job (1 year contract) in Irvine, CA which is a 40% increase of my annual income but I currently live in Seattle, WA (no state income tax) I’m aware that California has state income tax but I’m now noticing that there’s other state-specific taxes I should be aware of such as capital gains on HSA and bro…

electronic payment apps internationally? This is my first post so forgive me if it’s not warranted, but I am wondering if there’s a tracker for what the common electronic payment apps are in every country? I just came back from Brazil where the dominant app is Pix and India where the G-pay is super common and I wish I had known this beforehand because it would’ve allowed me to pay for …

Taking Advantage of my Situation Hey y’all! Seeking advice on how to take advantage of my current financial situation. 22yo, ~$55k/year salary (Sales job w/ commission). Debt-free. Current expenses: $400/month for car, ~$200/month food. Currently live with family, not paying for rent. I do plan on moving out at some point in 2025. I have $14k invested in a portfolio (mostly S&…

Employer provided me with a W9 instead of a W4 Hey yall, Recently got a part-time position that is sub 20 hours a week. The only employment form I recieved was a W-9, I’m very much used to an I9 and W4. Is there any obvious tax implications for this on my end? Thanks! submitted by /u/DildoWilliumz

I’m disciplined with fitness, but terrible at budgeting I’ve spent the last 6 months tracking every meal, every workout, every macro. It became second nature. But when it comes to money, I have zero control sigh I try to budget, but I either forget, overspend, or just give up. I don’t even know where my money goes each month—it’s like it disappears. I’ve tried using apps, writing it down, but I never…

Personal Revelation – how much interest costs us Just want to share a personal revelation. This past year I’ve had massive change in how I pay attention to how crappy my family’s personal finances have been. This was all triggered by laughing to Caleb Hammer rant at people for how dumb they are, but then I took a long look at our debts, credit cards and our spending. Got started on paying dow…

22k in debt at 21 PLEASE HELP! Hello in high school I got a Chevrolet Malibu 2018 and I went with my mom to the dealership. I got a car that was about 100,000 miles per $18,000. I know it sounds fucking stupid and I am just now realizing that after about two years, the car started messing up, turning off in traffic to where I had to trade in my car for a different one which i…