#employee

How does one hit the $70k 401k (employer + employee) limit?

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How does one hit the $70k 401k (employer + employee) limit? The employee limit is $23.5k, thus the employer contribution would need to be $46.5k. This would necessitate a (nearly) 200% match on employee contributions. Does that policy actually exist somewhere out there? Most of what I see is 50%-100% match up to 4%-6% of income. No matter a person’s income, this structure will never contribute more tha…

Reddit Personal Finance 401 2025-02-18

US Federal Employee: takes FERS ~30k payout, or take deferred retirement of ~$700/month

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US Federal Employee: takes FERS ~30k payout, or take deferred retirement of ~$700/month i am a federal gov’t employee in the US, leaving federal service sometime in the upcoming months. i’m 53 y/o, and already have a good military pension and VA disability. i have roughly $30k in my FERS retirement acocunt (not TSP, not a 401k, or anything like that, it’s the federal pension system) when i leave the gov’t, i can choose either of th…

Reddit Personal Finance 827 2025-02-16

FIFA suspends employee for alleged underage sex

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FIFA suspends employee for alleged underage sex FIFA has suspended an employee after he was reportedly arrested on suspicion of having sex with an underage boy while on a work trip in Miami.

ESPN 1.1k 2025-02-14

How likely is it that an employee will steal my business idea?

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How likely is it that an employee will steal my business idea? Hello, I sell various products on different platforms and source them from a local wholesaler. I am considering hiring an employee on a short-term basis to take product photos, upload listings, and manage data. However, there is a risk that the employee might realize they could buy the same products locally and sell them on the same platforms, t…

Reddit ecommerce 828 2025-02-07

anyone have a solo 401k? how do you fund the employee part?

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anyone have a solo 401k? how do you fund the employee part? thinking to fund the employee part directly from my checking account and the match from my company account. online it says you do it through payroll but I can’t see how every payroll provider supports every investment firm out there submitted by /u/lost_in_life_34

Reddit Personal Finance 891 2024-12-31

US gov employee living in Europe. Paid in USD, rent is in EUR covered up to $50k by work. How do I minimize out of pocket costs?

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US gov employee living in Europe. Paid in USD, rent is in EUR covered up to $50k by work. How do I minimize out of pocket costs? I’m a US government employee living in Europe. Gov reduces our base pay but pays for housing tax free up to a certain amount, in my case $50k/year. If I go over that amount, I pay out of pocket. I DO NOT keep the difference if I don’t spend the full amount. I am responsible for paying the bill, and the gov reimburses what I paid. My question is …

Reddit Personal Finance 709 2024-12-24

Sprinklr – Employee Reporting help!

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Sprinklr – Employee Reporting help! With the newest release of Sprinklr’s custom reporting, I’m looking to see if I can get what I need for employee metrics. We have a rapid response team that handles all messaging through our social media platforms. Sometimes different folks respond to the customer (within the same ticket.) We are very thorough in our metric tracking using Zendes…

Reddit Social Media 790 2024-12-21

Rules from Claire’s Employee Handbook

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Rules from Claire’s Employee Handbook 1. You have to use the piercing gun. No matter how many times the customers say they have seen The Parent Trap, they will scream in the store if you use a needle, which will scare the other customers. 2. There is no limit on keychains per customer. We have corrected this misconception. It seems an employee instituted a limit because they persona…

McSweenys 812 2024-12-04

Former Walmart Employee – 401K

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Former Walmart Employee – 401K I worked briefly at Walmart back in the early 2000’s. When I left my 401K was somewhere around $7K to $8K. It currently is now at $21,500. It’s been about 17 years since I have left the company. Would it be worth keeping in the 401K or transferring it to another account such as an IRA or other investments? They currently use Merrill. I really ap…

Reddit Personal Finance 992 2024-12-04

Employee statement thai E-visa

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Employee statement thai E-visa Hi there, I recently applied for a Thai e-visa and uploaded all the required documents, including my flight and hotel confirmations, passport, etc. However, I received an email requesting additional supporting documents, such as a bank statement, another hotel reservation, and an employer statement. I asked my employer for the required statement…

Reddit Travel 650 2024-11-27

401k vs Roth 401k employee retirement

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401k vs Roth 401k employee retirement I make around 109k a year base pay with 30k worth of bonuses so 24% tax bracket near the end of the year. At age 26 should I be putting 12% into Roth or 401k. I feel that my portfolio has a lot of room to grow which makes me want to lean towards Roth due to my age and compound interest. Am I wrong to think this way? Let’s hear some opinions dow…

Reddit Personal Finance 879 2024-11-19

Employee Stock Purchase Program strategy.

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Employee Stock Purchase Program strategy. I work for a company with a ESPP program. The accounts are managed by Schwab. Should I just be watching that account pile up with corporate stock and RSU’s over the years? Or should I sell shares and move the money into other financial instruments and have Schwab manage? (Betting it all on company stock and my employer’s future value and market …

Reddit Personal Finance 912 2024-11-15

Former employee files civil lawsuit against Suns

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Former employee files civil lawsuit against Suns Andrea Trischan, a former Suns employee, seeks what the team said is $60 million in damages after filing a civil lawsuit against it, alleging discrimination, retaliation and wrongful termination.

ESPN 985 2024-11-14

My company is offering an employee stock purchase plan. How much should I put into this?

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My company is offering an employee stock purchase plan. How much should I put into this? I don’t really have anyone else to ask about this, so I hope I can get some advice here. The basic numbers are that I can get shares of my companies stock at a 15% discount. A portion of each paycheck will go to this. Each bi weekly paycheck I get, after tax and all that, is $2500. How much of my paycheck should I put into this? I will be able …

Reddit Personal Finance 888 2024-11-06