Roth 457b for spouse of high earner? I (49m) am a state employee (OR). My partner is a relatively high income earner (49f), $260k+ range (not counting bonuses, stock options, etc). We both have Tira’s rolled over from 401k’s from previous employers, totalling in the $1.5m range. She is currently maxing out her 401k with her current employer. Now that i’m a public employee, I’ll be …

Rollover Old 401Ks into IRAs as a High Earner? Looking to possibly roll over my 3 old 401ks but I want to make sure I’m not missing something. I currently have a traditional and 2 Roth 401Ks from previous employers that are charging me fees that I don’t think are necessary. I will make $250k in 2025 and have a HHI of close to $500k so I don’t know if this will affect things? I’ve already …

Late 30’s good earner but no investments – where to start. I’m 38 and an immigrant to the US. I didn’t start earning or even have a retirement fund until I was ~35. I make around 300k pre tax in a VHCOL area. I’ve been somewhat irresponsible with money my whole life, despite being academically and professionally successful and my savings are actually kind of pitiful. I do own a condo though. I have a…

SSA disability insurance; “wage earner” definition HELLO, So I received a letter from SSA that my disability payments are ceased, and at the top of the letter, it claims SOCIAL SECURITY ADMINISTRATION DATE: RETIREMENT, SURVIVORS, AND DISABILITY INSURANCE CLAIM NUMBER: WAGE EARNER: ( my mom ) (MY NAME) (MY ADDRESS) “WE ARE WRITING TO LET YOU KNOW THAT WE HAVE MADE A DISABILITY HEARING DECISIO…

Single mom possibly marrying high earner My partner makes 4x my income. We’ve recently started discussing marriage as a possibility in the future. Looks like I would lose the child tax credit and my kids FAFSA would be affected. Would not be able to contribute to my Roth IRA anymore. Any other financial changes to consider? Seems like it would make more sense to not get legally married…

High earner just realized my Trad IRA contributions are no longer deductible-what now? Hi all, Newish to PFi so some concepts are fuzzy for me! I have about 70k in my Traditional IRA with Vanguard. I am finally at the point in my career where I make too much (200K this year-RN in a VHCOL area) to deduct my Trad IRA contributions from my taxes. If I convert it to a ROTH, my understanding is that I will pay taxes on existing earning…

New high earner unsure if I’m being responsible with my money I (33M) have never made over $60k/year my entire life, but within the last year I started a new job where I am earning considerably more money. Current situation: Gross income: $50-80k/month Savings: $230k Investments: $80k Credit score: ~750 Expenses: Rent/utilities: $4200/month Student loan repayment: $5000/month Credit card: $4000-7000/month…