#dads

Help with my dads 401k

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Help with my dads 401k My dad and I were just talking and he randomly told me that 75% of his 401k is in cintas stock. He is planning on retiring next year. This is a bad move on his part as stocks can be so volatile right? What should I tell him to move it into so he doesn’t have so much risk? Any advice would be appreciated! submitted by /u/Maleficent-Act5420…

Reddit Personal Finance 1.1k 2025-02-13

HSA Help: 2 young children on Dad’s HDHP

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HSA Help: 2 young children on Dad’s HDHP Hi there! I searched the sub but nothing really matched my specific situation so I’m looking for a little bit of guidance. I’m new to this scenario. For history, I’ve always had my 2 kids on my HDHP and my own HSA that I keep track of, invest, take care of, etc. So I would contribute the max amount of dollars. My husband has his own HDHP and he …

Reddit Personal Finance 1.2k 2025-01-03

What Should My Parents Do With My Dad’s 401(k) in Retirement?

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What Should My Parents Do With My Dad’s 401(k) in Retirement? Hi everyone, I’m seeking advice for my parents, who are in a great financial position but unsure how to handle my dad’s 401(k). Here’s their situation: • Both are retired military (20 years of service each) and draw pensions. • Combined annual income in retirement is ~$180k, which includes: • Two military pensions. • My mom’s Social Security (sh…

Reddit Personal Finance 480 2024-12-24

The Verge’s 2024 holiday gift guide for dads

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The Verge’s 2024 holiday gift guide for dads Photo: Amelia Holowaty Krales / The VergeIf you’re unsure what to gift the father figure in your life this year, we have more than a few suggestions. Continue reading…

The Verge 934 2024-11-22

Urgently need help filling out W-4 for a new Job as someone who is already my dad’s caregiver

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Urgently need help filling out W-4 for a new Job as someone who is already my dad’s caregiver Context: I’m currently filling out a W-4 for a new, full time job at a call center. I’m only 20 years old so I don’t have much experience in doing so. I currently have a different, sorta part-time job as my dad’s caregiver. The money I make from that caregiving job, as far as I know, is not taxes. I make a decent living at my age as his caregiv…

Reddit Personal Finance 405 2024-11-10

Dad’s back taxes with memory loss

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Dad’s back taxes with memory loss I think my dad has dementia or Alzheimer’s, or maybe his cancer has spread and he has mets to the brain. I’m not certain this is the right sub to post on, but if there’s a better one I’m happy to post there too. He is massively behind on his taxes and his finances are so bizarre and spread out to keep them from my mom, that I don’t know if we co…

Reddit Personal Finance 1.2k 2024-10-24

Trolley Problem Variations for Dads

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Trolley Problem Variations for Dads A trolley is about to run over five people, but your dad gets distracted by a nearby sports bar playing The Shawshank Redemption on one of their outdoor TVs. He just stands there watching the movie. Everyone dies. – – – When presented with the Trolley Problem, Dad uses the opportunity to rail against Waze, saying he knows better and GPS apps are…

McSweenys 481 2024-06-14

Looking into selling my house and paying off my Dads reverse mortgage and upgrading house to move in with him…

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Looking into selling my house and paying off my Dads reverse mortgage and upgrading house to move in with him… Hi and thanks in advance for any help!! I know that I need to seek professional help with this soon, but we just kind of had the idea and before I attempt to seriously pursue this I wanted to hear if this is even possible. When my Dad took out a reverse mortgage 5-6 years ago I thought that meant that you “sold” your house to the bank and then t…

Reddit Personal Finance 1.3k 2024-06-07

Slagging on dads

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Slagging on dads I was listening to Take a Picture (Filter) yesterday. The “hey Dad what do you think about your son now” part always gets me. Such raw emotion. That made me think of Emotionless (Good Charlotte). Same emotion, just more words. Moral of the story is that Dad was a piece of shit but relationships are complicated. Which made me thing of Father an…

Reddit Music 760 2024-03-28

Just found out my dads “wedding/house fund” for me has been in a terrible whole-life insurance policy.

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Just found out my dads “wedding/house fund” for me has been in a terrible whole-life insurance policy. To preface, this is not coming from a place of entitlement. I have a rocky relationship with my dad so I never really expected anything from him for my major life milestones. Recently though, as I’ve turned 30 and have a serious partner, he’s been mentioning that he has money saved for me for a wedding and to help with a house down payment. I ha…

Reddit Personal Finance 1.3k 2024-01-12