#benefits

Full time with benefits or full time per diem (no benefits) with extra $45k per year?

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Full time with benefits or full time per diem (no benefits) with extra $45k per year? Just wondering which is better financially. The full time benefits include 401k (no match) as well as a Keogh retirement plan. The per diem position doesn’t allow contributions to either of those (though I would then be able to contribute to an IRA each year instead), but would be less stressful as a job and gives the freedom of having side gigs…

Reddit Personal Finance 1.3k 2023-10-18

Help me decide if I should take a job with lower pay but better benefits

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Help me decide if I should take a job with lower pay but better benefits New job pros 10% contribution to retirement account no matter what I contribute $2k put in HSA each year Health insurance for me and my husband $98 a month total -good health insurance too Paid paternity leave (which would be useful to us in 2-3 years) Student loan debt forgiven if I work in public service for 10 years Drive exact same distan…

Reddit Personal Finance 160 2023-09-22

You Might Be Able to Use Your Employee Benefits for Student Loan Payments

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You Might Be Able to Use Your Employee Benefits for Student Loan Payments Student loan payments are starting back up soon, and while some borrowers may get a break on their monthly bill, the burden on budgets will increase for many. If your workplace offers employee benefits, you may be able to claim more than $5,000 in tax-free assistance toward your student loans. Here’s how to tap your… Read more…

Lifehacker 139 2023-09-16

LPT: your credit card may have extended warranty benefits, covering the cost of repairs/replacements

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LPT: your credit card may have extended warranty benefits, covering the cost of repairs/replacements Sharing because I didn’t know this until a month or so ago when I was reading through the benefit booklet of a new credit card I got. Many credit cards have, as a benefit, extended warranty for items you purchase with the credit card. Before you re-purchase or spend your own money to fix something that breaks, check your extended warranty benef…

Life Pro Tips 161 2023-08-30

Would you take a paycut at a job you like for better benefits and a pension?

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Would you take a paycut at a job you like for better benefits and a pension? Long story short when I was younger I took an exam for work for the FDNY (fire department of New York). These jobs take years before you receive the call. At the time I would of taken the job in a heartbeat, but now that I’m 29 years old and making a pretty nice salary I’ve finally received the call. I just passed the physical for them to start …

Reddit Personal Finance 129 2023-08-26

Tiny Forests With Big Benefits

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Tiny Forests With Big Benefits Native plants crowded onto postage-stamp-size plots have been delivering environmental benefits around the world — and, increasingly, in the U.S.

New York Times 190 2023-08-25

Try to understand the benefits of the 35 vs. 40-hour workweek

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Try to understand the benefits of the 35 vs. 40-hour workweek I am evaluating a prospective job that calculates its salary based on a 35-hour work week. My current job (and every job I have had prior) calculates upon a 40-hour work week. Therefore the prospective job technically offers a higher hourly wage even if the salary was the same. Does the shorter workday actually make a big difference? Can anyone …

Reddit Personal Finance 168 2023-08-24

What’s the difference in compensation needed between an employer lacking benefits (no 401k at all) and a company providing a 6% match and a 401k?

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What’s the difference in compensation needed between an employer lacking benefits (no 401k at all) and a company providing a 6% match and a 401k? Hello everyone, I’m currently facing a decision regarding a job offer and would appreciate your input. My present employer provides a valuable benefits package, including a 401k plan with a 6% salary match, vested automatically. The new job offer, however, lacks benefits such as a 401k. As I’ve been maximizing my current 401k benefits with my c…

Reddit Personal Finance 269 2023-08-20

Is declining my benefits a good idea

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Is declining my benefits a good idea Just started this job and am getting a lot of info on benefits. While I have some understanding of the importance of using them, I really want to start paying back some of my debts (4.5 k for college, 1k for accident, some other smaller amounts) ASAP. I’m still under my parents insurance and am currently living with them so I’m not under and pre…

Reddit Personal Finance 204 2023-08-19

Is there a rule of thumb for going from W2 employment with benefits to self-employed?

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Is there a rule of thumb for going from W2 employment with benefits to self-employed? In short: My sole-proprietorship side gig income has matched my full-time income (not counting retirement, health care, and taxes). I understand the inherent risks of going from a full-time job with benefits to pursuing a career completely self-employed and want to be very well prepared if I do take the plunge (which might be in 3-4 years from n…

Reddit Personal Finance 164 2023-08-14

Optional benefits for employees

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Optional benefits for employees My job offers extra benefits that the employee pays for. They are cancer benefits, accident insurance, and critical illness insurance. They are 3rd party (Aflac and Metlife). They all cost different amounts depending on the payout amount you select. The prices also increase in increments of 10 years (20-30, 30-40 ex.) But once you sign up you’re…

Reddit Personal Finance 205 2023-08-04