#25y

(25y/o): Buying Parents’ House Below Market Value, Pending Personal Injury Settlement, Seeking Advice on Down Payment and Investment Strategy

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(25y/o): Buying Parents’ House Below Market Value, Pending Personal Injury Settlement, Seeking Advice on Down Payment and Investment Strategy Hi everyone, I’m a 25-year-old male, currently working as an account manager/sales representative for an international manufacturer. My compensation structure is low salary/high commission, and I make roughly ~$120k per year. My net take-home from just salary alone is $1431.79 bi-weekly. I contribute 10% to my 401(k), and my company matches 6%. …

Reddit Personal Finance 1.1k 2024-07-09

Can I open a 529 at 25y/o to repay my student loasn

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Can I open a 529 at 25y/o to repay my student loasn Is this a common thing to do? I don’t know why I didn’t think of this but why am I paying my loans from my after tax salary? Can I just open a 529, deposit money, and use it to feed my student loan auto payments? I know there is a $10,000 limit per beneficiary but are there really no restrictions on withdrawal timing and stuff? submitted by …

Reddit Personal Finance 1.3k 2023-12-08