#bonus

smartest way to take in bonus check

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smartest way to take in bonus check Getting a $9,000 profit sharing bonus, I can allocate it to HSA, 401k and take the rest out as cash. Cash poor after home purchase, So I want more of it as cash, to build up cash/emergency savings while reducing taxable income as much as possible. What would you contribute to 401K and HSA? submitted by /u/vfr1200_

Reddit Personal Finance 710 2025-01-16

At a crossroads on how to use a winter bonus.

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At a crossroads on how to use a winter bonus. Hey all, at a bit of a crossroads. I’ve got a winter bonus coming up from my job. It’s pretty sizable, but I’m not sure how I want to go about using it towards my financial goals. The decision I’m trying to make is: Pay off my personal loans. I’ve got a little over 6k in loans that my bonus could pay off about 90% of. It would leave me close t…

Reddit Personal Finance 817 2025-01-16

Select Chase Cardholders: Bonus Offer on Grocery Stores/Gas Stations/Restaurants 5x Points Back (Up to $1K Spend; Valid 1/15 thru 3/31)

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Select Chase Cardholders: Bonus Offer on Grocery Stores/Gas Stations/Restaurants 5x Points Back (Up to $1K Spend; Valid 1/15 thru 3/31) Looks like there are some upcoming Chase My Bonus offers. I got 5x points on restaurants, gas stations, groceries on my Hyatt and Southwest branded credit cards starting January 15th through March…

Slickdeals 968 2025-01-13

How to allocate bonus money?

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How to allocate bonus money? Hello! I am expecting to receive a $15K bonus come February, and im trying to figure out the best way to allocate. My wife and I currently have: $3K in credit card debt $13,000 owed on 1 car ($245/month payment) $12K in low interest federal student loans (currently not paying on IDR plan). $1K in emergency fund $35K in retirement 401K/Pension…

Reddit Personal Finance 1.2k 2025-01-10

$30k bonus – How would you invest it for your child?

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$30k bonus – How would you invest it for your child? Here are the parameters: $30k before taxes Kiddo is 3 years old Long term investment, I don’t want to have to fiddle with it too much Looking for max compound interest and appreciation The whole lump sum What would you do? submitted by /u/AmbitiousArtichoke65

Reddit Personal Finance 480 2025-01-08

Miller nets $1.5M bonus for sack in Bills finale

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Miller nets $1.5M bonus for sack in Bills finale In a 23-16 loss to the New England Patriots on Sunday that ended the regular season, Buffalo’s Von Miller secured his sixth sack, earning a $1.5 million roster bonus for the 35-year-old Bills veteran, who told reporters he’s “very, very thankful.”

ESPN 877 2025-01-06

Boss is claiming my bonus will be deducted to use for a match

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Boss is claiming my bonus will be deducted to use for a match My boss told me today that my bonus is going to be deducted next quarter and put into my 401k not as an employee contribution, but as the match contribution. So instead of the company giving me money, I’m having to use my own money for the match. I have never heard this before. Has anyone else? Any advice? submitted by /u/Confident_Alfalf…

Reddit Personal Finance 784 2025-01-01

Low income ($23k net) but got a $60k bonus. What would you suggest I do?

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Low income ($23k net) but got a $60k bonus. What would you suggest I do? I (28yr old dude) work for a small business in Southern California, and also help the owners with their personal bookkeeping. I’m pretty much their all-around guy. Owners are married and own the S-Corp. One of their parents died, and they recieved a $360k non qualified annuity which they decided to pull out as a lump sum. Not wanting to pay high…

Reddit Personal Finance 846 2024-12-25

I graduated, worked one year, quit, then spent my year’s bonus on travelling to 40+ countries. AMA

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I graduated, worked one year, quit, then spent my year’s bonus on travelling to 40+ countries. AMA I (23m), grew up in Canada. I went to a top university and then got a job in finance in New York. After one year, and after receiving my 1 year bonus, a major life event occurred. The bonus was enough money to travel with for a while, so I quit and travelled for a year. I have just started my next job in the same industry, which I lined up while…

Reddit Travel 1.1k 2024-12-14

Boss Wants to Use Bonus to Start a SEP-IRA

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Boss Wants to Use Bonus to Start a SEP-IRA First of all, apologies if I come off as a dumbass, I know nothing about this. Background: I’m 40 with no plans to have kids, live with my GF in an apartment, and I have been working at a very small business for 10 years. Just me, the owner, and one other employee. The owner has been a very fair, kind, great person to work for, and I receive pr…

Reddit Personal Finance 976 2024-12-11

I got a generous Christmas bonus, what’s the best thing to do with it to help make myself more financially stable?

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I got a generous Christmas bonus, what’s the best thing to do with it to help make myself more financially stable? My workplace has gone through some crazy ups and downs lately. To put it down on paper, I was the only person there who was coming to work regularly since February – March last year. Our director even retired and it took a month for the new director to start. In the mean time up until August I wasn’t able to take a single day off. As a reward fo…

Reddit Personal Finance 356 2024-11-30