Paid a loan in full but the money never came out of my account. What now? Hey everyone, This is a bit long winded. I’m sorry ahead of time. In September of 2023 I paid off a personal loan of ~$9,500 in full via their online payment system with an ACH payment. They had my bank account info saved on their portal from previous auto payments I had made so I figured I’d be fine. A few weeks passed and the money still hadn’…

My partner’s friend from high school (and our own gullible stupidity) ruined us financially. Help/productive advice is welcome Debt Disaster Hi all, I’m making this post hoping for some (any) advice, or to see if any of you might be kind enough to point me in the right direction. My partner and I got scammed. It all began when he started working with one of his friends from school. This guy claimed that he had been super successful with online stores and real estate (h…

Stay at home mom 401k I have about 25k in my previous employers 401k account. I’m a stay at home mom and don’t plan to return to workforce for another 2-3 years. Would it be smart to leave the money where they are now? Should I open a Roth IRA account? I don’t need to access these funds in the near future. Any advice is greatly appreciated. Thank you submitted b…

My ex and I bought a house together, questions about loan assumption. My ex and I bought a house in 2021 with a 3% interest rate. Both our names are on the mortgage. We broke up about a year ago (we never married), and now she is moving out. We have an assumable mortgage, and I would like to keep the mortgage and house in my name. We are amicable, and she says she doesn’t want me to “buy her out,” and she just wan…

401k replaced S&P 500 index fund My work uses T Rowe Price for their 401k provider. I choose my own investments in my 401k and had it split 75%-25% between the Fidelity S&P 500 Index Fund and an international stock fund. I got a notification today that my entire position of Fidelity S&P 500 Index Fund (0.015% exp ratio) was sold and replaced with the State Street S&P 500 Index…

401K taking over 10% in fees??? I am fighting with the Administration company of my 401k. In the last Quarter of 2024 they randomlying charged me an “administrative fee” of 10% without notice. I have always had administrative fees in the past. but this one was new and an addition to the already charged fee. What am I missing, does this seem wrong? EDIT: Forgot to mention. The …

Roth IRA for a dummy I’m 29 years old and have no investments. I know very little about personal finance but I do know that saving my pennies made off of my hourly wages won’t get me where I want to be down the line. I understand that a ROTH IRA seems to be a safe bet for a retirement fund and I want to get one going. I’m considering using Robinhood but in truth I d…

First time home buyer, how much additional savings? Looking to buy a home in the next year or two with my husband. I am curious how much extra savings you had in addition to 6mo living expenses to feel comfortable purchasing a home and not feel “house poor” or unprepared in the case that something breaks, etc. Being a first time home owner seems very intimidating! submitted by /u/One-Cana…

Balance transfer sent to wrong address I submitted a balance transfer on January 9th as of January 23th it says check was sent then Janurary 28th check was cleared from citi it has since posted to my account to a different creditor (best egg) sent it to a PO Box as that’s where payments are sent but when I called citi they were off by one number. Citi has open an investigation but wh…

I’m 26, low income, self employed and my teeth are in bad condition, but I don’t have insurance Despite taking good care of my teeth, they are in bad condition, and I need to see a dentist. The problem is, I don’t have insurance. I’m self employed and recently got off my parents’ plan. Money is tight, and I’ll owe a lot in taxes this year. I’ve struggled with dental issues my whole life and I’ve had a lot of work done already. I’ve put of…

Are there better options for emergency $70K cash before considering HELOC? (EDIT – Meant to use $55K in the title) Location NJ – USA – My condo requires emergency repairs to the exterior facade and my personal contribution is now estimated at $55,000. I tried negotiating a payment plan with my property management company but they state due to the nature of emergency repairs needed I must make a first payment of $15,000…

Should I apply for a credit card to improve chance of mortgage approval? Okay I think I’ve worded the post horribly. However me and my partner (both 23) are saving atm and will be looking at houses hopefully start of next year or late this year and what not, and I’ve heard through friends, that if I have a credit card, and can obviously pay whatever there is on it off each month, building a good credit score, this w…

Should I max my Roth if I’m in a high tax bracket now? I make over $200k but under the married max earnings limit, so my tax bracket is higher than it’ll probably be when I retire. But to me the big benefit of a Roth is not having to pay capital gains on money earned, am I thinking about that wrong? I’m already maxing my 401k. submitted by /u/infosec4pay

Company says I will have to pay back FSA if I leave the role I am thinking of switching jobs and my contract company said that even though the FSA card is frontloaded, ” it’s generally unwise to spend beyond your current contributions, as you’ll be responsible for repaying any overage.” Is my company lying just to try to keep me from spending the full amount of FSA money or is this something they can for…

How to split 401k vs Roth 401k I am 30 currently make roughly 115k a year and have a total of 66k in 401k. I contribute 10% to my 401k and 7% to my Roth 401k, neither of which are matched. Idk of if I should split this differently or if I should start up a standard Roth. submitted by /u/oneandonlydylan

Straightening Out Dorked-Up Retirement Savings The Situation: We’re a childless couple in our mid-30s, no consumer debt, and 12-ish months of living expenses in the bank. We have a mortgage on our current home and a mortgage on our old house, which we are renting out. Rental income covers the mortgage and most of the maintenance. I recently landed a new job with an enormous salary increase a…

Pay Federal Taxes (TurboTax) using credit card for rewards? Hi, I owe the federal government a significant amount this year (~$10k). I can pay this with a credit card. To me, this seems like a great thing to pay using a rewards program credit card. Now, the payment processor does charge a fee for credit card payments, so maybe that outweighs any potential benefits. Has anyone done this / does anyone hav…

Please help explain process of defaulting on ~2k loan & ~3k loan 5k loan sum, going into default soon. Heavy winter this year, terrible accident, hospital bills expensive without a good provider. I have no choice unfortunately to pay back, I only have 1k to my name. No family left. What are my options? I have seen mixed advice, some saying default and negotiate, others saying pay it however possible. But …

Citi Bank Charges Unknown Hello, i’d like to start off by saying no one in our household and rather our family use CITI, but we’ve been charged $200.2 on jan 1st, then on the 31st we’ve been charged 696$??? the only banks we use are American Express for our CC, and we pay that on the first of each month, and Chase. We’ve never touched Citi but have been charged these to…

What is the best way for my self employed wife to contribute to retirement? My wife is starting a new job as a hair stylist, and she will be considered self employed. We are currently looking to start a retirement account for her. What is the best way to go about this? I am aware that she can setup a Roth IRA, and I originally thought that would be the best idea. I also had the thought of me just contributing double to …