#distribution

“Receive a distribution from your retirement plan” email from paychex

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“Receive a distribution from your retirement plan” email from paychex Background: I recently got laid off (my first full-time job right after college) and am currently unemployed. Did contribute to 401k through that employer. I received an email saying: “Based on our records, you’re eligible to receive a distribution from your retirement plan. If you do not make a distribution election, Paychex may process a…

Reddit Personal Finance 599 2025-01-07

PSA: Think Twice Before Signing with Greater Distribution

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PSA: Think Twice Before Signing with Greater Distribution Hey everyone, I wanted to share my experience and some things I’ve heard about Greater Distribution, hoping it helps anyone considering working with them. Honestly, I’d recommend staying away. Here’s why: Lack of Real Support: They claim to offer a team to help artists, but it’s often just a bunch of inexperienced people who don’t really know …

Reddit Music 1.1k 2024-12-17

Accidental HSA Distribution

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Accidental HSA Distribution Hi there! I am hoping for some advice on my HSA account – I accidentally used my HSA debit card to purchase groceries. I notified Key Bank, who manages my HSA, and they have a $10 fee simply to fix the mistaken distribution, which doesn’t include the amount that was accidentally distributed. If I pay for health expenses out of pocket that equal …

Reddit Personal Finance 1.1k 2024-11-30

I received a distribution statement from Fidelity concerning an old 401k even though it has been two years since I left the job and rolled over the funds to be transferred elsewhere

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I received a distribution statement from Fidelity concerning an old 401k even though it has been two years since I left the job and rolled over the funds to be transferred elsewhere The statement calls it a deminimus distribution and says I had a beginning balance of around $2500 that was subsequently withdrawn and sent to me as a check (Which I have not received, maybe mailed separately??). I was under the impression I had emptied out the account when I did the rollover so I’m a little puzzled where exactly this money is c…

Reddit Personal Finance 979 2024-11-26

Inherited a ROTH IRA, Just Found Out About Required Minimum Distribution.

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Inherited a ROTH IRA, Just Found Out About Required Minimum Distribution. I guess, as I understand it, the IRS requires me to use a part of it every year according to some formula? The formula is something about $AccountBalance divided by Life Expectancy Factor and that’s how much of it I have to use or get penalized up to 25% of that amount? Am I understanding that right? submitted by /u/PoniardBlade …

Reddit Personal Finance 1.2k 2024-11-21

Help! I just got laid off from my job. Do I have to pay any state or federal taxes/withholdings if I make an early distribution from my traditional IRA to cover financial hardship?

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Help! I just got laid off from my job. Do I have to pay any state or federal taxes/withholdings if I make an early distribution from my traditional IRA to cover financial hardship? If it helps to know, I only have a small amount (like $3,500) in my traditional IRA, but I just experienced a job layoff and am still unemployed/in between jobs/job hunting. I need the funds from my IRA until I get a new job/income. Can I make the early distribution without having to pay a 10% federal penalty for early withdrawal due to the reas…

Reddit Personal Finance 1.1k 2024-11-03

For those 59.5 and older, is there any reason not to make every IRA distribution a Roth conversion?

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For those 59.5 and older, is there any reason not to make every IRA distribution a Roth conversion? Since the 5 year lockup no longer applies when you hit 59.5 years old, a Roth IRA account can be used as a tax free brokerage account. After the tax for the distribution is paid, the money grows tax free forever. Is there any reason not to do a Roth conversion for all IRA distributions? Is there an advantage to putting the money into just a norm…

Reddit Personal Finance 1.1k 2024-10-31

Seeking advice with distribution

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Seeking advice with distribution I’m bringing a new product to market and its my first time doing this. It weighs 1 lb and is about the size of a textbook. It comes from China, finishes assembly in the US, then is sent to either me or a warehouse. I want to sell directly to consumers but I also want to sell to stores and Amazon. How can it be done cheaply? Do I need to rely on …

Reddit ecommerce 406 2024-10-31

Advise for Retirement and Savings Distribution/Increase

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Advise for Retirement and Savings Distribution/Increase Hi! I am about to be 28 y/o and cleaning up my finances. I’m not in a bad situation but I am behind where I would like to be on retirement and saving for a home due to needing to spend money in my early/mid 20s due to various medical situations, working lower income jobs, and poor decisions at the time. I would like to catch up with my retireme…

Reddit Personal Finance 628 2024-05-19

Received RSU and ESPP distribution, sold RSU and ESPP shares are now marked as ‘wash sale’. Did I screw myself?

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Received RSU and ESPP distribution, sold RSU and ESPP shares are now marked as ‘wash sale’. Did I screw myself? In February of this year I received an RSU distribution and, a week later, a distribution from my company’s ESPP. I sold the RSU distribution (sold specifically those shares exclusively), and my remaining ESPP shares are marked as ‘wash sale’. The way the timing worked out, the RSU shares sold at a slight loss (~$100) compared to the cost basis;…

Reddit Personal Finance 589 2024-04-12

Music distribution has become so fragmented; Where do most people get their new music from?

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Music distribution has become so fragmented; Where do most people get their new music from? In the 80s/90s you basically had radio and then TV like FNV then MTV to find new music. But everyone had a common point of reference b/c that’s all there was. You may not have liked Journey or the big four: Prince, George Michael, Madonna & MJ, but everyone knew them.. When FNV, MTV & SNL (which debuted bands-I saw the Cult on SNL in the late 80…

Reddit Music 1.0k 2024-01-07

Elderly parents considering a large distribution from their estate to each of their 3 children. What’s the downside?

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Elderly parents considering a large distribution from their estate to each of their 3 children. What’s the downside? Hi – Throwaway because of personal info. My parents are in their mid 80s and are worth around $20m. They are considering distributing $1m to each of 3 siblings who are in our 50s. 2 of us could really use financial help for various reasons. Sibling 1 started a business and has lots of start up costs. Sibling 2 bought a home near their parents to…

Reddit Personal Finance 935 2023-10-23

FSU mulls ACC exit due to revenue distribution

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FSU mulls ACC exit due to revenue distribution Florida State President Richard McCullough said the school’s goal is to stay in the ACC but said it’s “hard for us to figure out how we remain competitive” unless the conference makes a major change to its revenue distribution model.

ESPN 210 2023-08-03

Retail distribution moving to DTC model – Overwhelmed and Don’t know where to start

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Retail distribution moving to DTC model – Overwhelmed and Don’t know where to start So, I work for a small clothing company, I’m the head of their warehouse department, and up until this year, we have shipped exclusively to retailers. Leadership wants to branch out and start a new line, shipping direct to customers. They are pretty set on using Shopify, and Microsoft Business solutions as core software – but may be open to alt…

Reddit ecommerce 166 2023-07-21

How much money did game of thrones make including digital distribution, licensing, HBO subscriptions, Home video ?

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How much money did game of thrones make including digital distribution, licensing, HBO subscriptions, Home video ? My friend says it must have made HBO atleast 5-7 billion dollars over the last 7 years. I claim that’s not possible as the subscriber gain(main income) only caused 3.1 billion so from where else would the 2-4 billion come from? submitted by /u/Careful-Event-714

Reddit Television 213 2023-07-10

Great TV shows that never got a DVD or streaming distribution

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Great TV shows that never got a DVD or streaming distribution In light of all the fuss about stuff disappearing from streamers, how about shows that you now can only find on YouTube. Some of mine: Nightstand with Dick Dietrik – Hilarious spoof of Springer and Maury Pirate TV – MTV sketch comedy The MTV version of the Ben Stiller show. The fox version is available Just Say Julie – a few eps got released bu…

Reddit Television 212 2023-07-05