MIL Account Options Post Divorce FIL and MIL divorced about 10 yrs ago. I just found out MIL has her share of his 401k just sitting doing nothing in a Schwab account. NOTHING for 10 yrs. What is the best option for her being in her 60’s? Rollover to a Roth IRA? Traditional IRA? I’m still knowledge poor with retirement accounts so any help is appreciated. submitted by /u…

My aunt can’t remember what account is tied to her Zelle – is it possible to help her find out which bank the funds are at? Recently sent my aunt some money via Zelle – problem is she has a couple accounts and can’t figure out which one is tied to her Zelle. Is there any way to help her figure out where the money is? submitted by /u/oarmash

updated: Should I have my mom on my bank account at 23? Back in Jun, I set up an account at a local credit union. at this point, the joint account with Mom still exists but nothing goes in or comes out anymore. Now for some reason, she pretty much refuses to give financial advice if I ask even though I didn’t do anything wrong. it’s like I tell her, I’m blind not stupid so what is her problem? am I i…

Help avoiding a wash sale between Roth IRA and taxable brokerage account Hi! I have a portfolio of 10 different ETFs, with many of the same ETFs held in both a taxable brokerage account and a Roth IRA. I’m planning to reallocate the equities portion of my Roth IRA to 100% VT, but I’d like to leave my taxable brokerage account as-is for now to avoid realizing any capital gains (the overall exposure is similar enough t…

Painful experience trying to open Merrill Edge account I’ve been trying to open a Merrill Edge account for a month. Initially I got an email asking to contact them for “additional verification”. The email doesn’t even list a number to call them at, but okay, I Googled, got on the line, learned that I needed to provide address verification, and uploaded a pdf via secure email. Then radio silence for …

Apartment complex charged me $400 this month because they forgot to add it to my account when I moved in a year ago. I moved in a year ago and this place has been awful, but I renewed my lease for one more year to hopefully buy a place at the end of this year. Today I noticed that my rent check bounced and looked into it and it’s because they charged me $400 more than what my rent is. They said it was because corporate went through and did an audit and found t…

The Instagram Husband Ponders His Own Account A second-person narrative of social media.

Is there a downside to using a Roth IRA as an emergency savings account? I know the typical advice is to save 6 months worth of expenses in a savings account in case of emergencies. But im wondering, why not park that money in your Roth IRA & take it out in case of said emergency? Obviously Im talking about only taking out the principal amount, not the interest it accrues. As far as Ive read, there is no penalty or t…

LPT: Keep a separate bank account for recurring bills. Transfer just enough money for your bills into this account monthly. It ensures you never accidentally spend the money set aside for essentials. submitted by /u/VioletBarnes42

LPT: Always set up a burner email account for non-essential signups. Use this email for things like newsletter signups, free trials, or contests. It keeps your main inbox clean and spam-free. submitted by /u/ScarlettDunn53

Would you bother even opening up a taxable brokerage account when saving up for a house downpayment? If you were 5-6 years from buying a house and had your 401k maxed to the match and Roth IRA maxed yearly would you even bother putting the rest in a taxable brokerage and trying to invest it? Is it a better decision to put it all in a HYSA and playing it safe? Would one even be able to afford a down payment off of 5 years of interest or is there…

LPT: If you receive a refund on a debit card, check your account balance immediately. Sometimes refunds process as pending and can mess up your available balance. submitted by /u/ScarlettDunn53

how do we live in a time where social media is so nosy sharing your account with phone number contacts? Like when you sign up for say, any social media account, tik tok, youtube, IG, your contacts will either be notified or come up as suggested or vice versa. As a woman that’s been stalked, that’s very serious to me– it’ll put you in the algorithm with blocked numbers. So, I need a new number with a new email to have new accounts with for any sor…

Parents Stealing from My Bank Account Hello My parents recently took 400$ from my BOFA account to fix one of their financial issues that they had, which i had NOTHING to do with. That money is gone and spent and I will not be getting it back. I recently got a new card because my bank account was also hacked. They were able to take the money because they have access to my accounts, i…

I have $30k in an investment account and owe $24k on a consolidated loan. Monthly payments are killing me, should I cash out the investment acct and pay off the loan to start over? The loan is consolidated debt across a couple credit cards and a loan from a business that went under during COVID. I’ve paid it down over 4 years from about $50,000 in 2020, but the monthly payments (roughly $900/mo) are crushing me. The investment acct is collateral for the loan. The interest rate is 9.05%. My income is about $2,100/mo on a go…

You Can Spend Down Your FSA With Your Amazon Account Don’t let your hard-earned funds go to waste.

What Account to Open I’m 56 years old and have a small business with my spouse and two cousins where we all co-own. I make around 60k a year from the business and am wondering what to do with my additional money. I already have a HYSA, maxed out my Roth IRA, and don’t have a mortgage/debt so nothing I need to pay off. Is there another account that I should open? A s…

I’m looking to open an account for my newborn daughter We just brought home our daughter, I’m looking to set something up for her. I’m looking for an account that can be easily managed and something that can be taken out at anytime. For an example when she’s in her 20s if she wants to buy a house or whatever it would be it can be taken out. Thanks. submitted by /u/kyle46800

Should I put $40,000 in TSP or Brokerage Account? A few questions… I made $40k last summer on fire crew. I don’t need it right now, should I invest it into my TSP at work (currently at $50k), or should I put it in my brokerage account with Bank of America (currently at $30k). Is it bad to have both those accounts? Or should I just put everything into my TSP? If I ever buy a house or land, I p…

I normally do a backdoor Roth IRA, but this year I accidentally put pre-tax dollars from a former 401(k) into my IRA account. What should I do? Each year, I perform a backdoor Roth conversion (contribute to a traditional IRA then immediately convert the next day to a Roth IRA). This year I messed up. I had ~3.5K pre-tax dollars in a 401(k) account from a former employer that I worked at briefly. They closed my 401(k) account because the balance was so low. In a rush, I just put that mon…