New employer does not offer HSA I currently have about $5K in an HSA account that I have saved over the last few years with an employer who offered a HDHP w/HSA match. Next week, I will begin employment with a new company that does not offer a HDHP and therefore as I understand, I no longer will be able to contribute pre-tax funds to my HSA. This raises two questions for me: …

Publicly-traded employer going private. What to do with vested RSUs? My employer is publicly traded on the NYSE. They are being bought by a private equity company and going private in Q1 2025. The plan is that all outstanding shares will be converted to cash at the deal price. For my vested RSUs, this will be a substantial amount of money. I am trying to consider strategies on how to best handle this forced sale….

Need fraud help from previous employer stealing information So, my previous employer was stealing employees W4s and taking out loans against us and etc. along with our patients. Today I got a call from a wealth management company about a loan I apparently took out. They had ex bosses name listed as a beneficiary on the account. They said they will elevate it to the fraud department. I’m unsure on how to …

Employer Over-Contributed to my 401K I started my new job in early July, this being my first full-time job with a 401K, so I went through the process to set it up and started out putting about $250/mo into it, and my employer adds about $750/mo. About 3 and a half months went by, and I decided to check my retirement account and noticed it had an insane $38K in it. I immediately wen…

Childcare FSA – employer not paying We signed up for the maximum dependent childcare FSA deposit ($5,000) this year. However, it was clear by early June that we were not going to use it all. In addition, my wife became unemployed around the same time. We needed the money so we requested the withdrawals to stop. There was lots of back and forth between HR and myself until late July…

Employer changing me from W-2 to 1099: How much more should I get paid? I am a Physical Therapy Assistant in pediatrics and I have been working as a W-2 employee for this company for 6 months now. The whole company is having a whole rebrand and with it, they are now deciding to change everyone to 1099. I have never been a 1099 before but I understand that now I am responsible for my taxes, my health insurance, and m…

Employer terminated 401k My employer just terminated my 401k that I’ve only had for 2ish years. I’m new to this, what’s the best idea for what to do with it. I understand basic options are Roth or traditional but what’s a better choice and how would I go about this? submitted by /u/otinutz

Employer hasn’t matched their full commitment to my 401k. My employer offers a 401k match up to 4% of earnings. I’ve set my contributions to 4% and have maxed out my contributions last year and this year; however my employer’s contributions stop around ~$13.5k both years. I do receive commission checks and have noticed that they match those as well as my regular salary. There is no stipulation that t…

Do not rely on life/disability insurance solely through your employer. Do not rely on life/disability insurance solely through an employer. Do not rely on life/disability insurance solely through an employer. Do not rely on life/disability insurance solely through an employer. Obtain coverage individually, as well, with no ties to whether you’re working there or not. The younger you purchase, the better. Signe…

Employer Moving to Stocks Instead of Cash for 401k My employer recently sent out this communication to all employees regarding their retirement accounts: “As part of our commitment to help you prepare for your future, adds matching contributions to your account in the savings plan. Currently, the company uses cash to provide the match and, when the match is added to your acco…

Previous employer terminating pension plan. I will receive a lump sum payout. Now what? Hello all! I will be turning 65 in December. I have been retired and drawing SSI and a pension from my last employer since I turned 62. I am also vested in a pension from a previous employer. This pension plan has been in declining status since before I retired. I cant remember exactly what the official term is but basically the company has clai…

Employer missing payroll I work at a relatively small company and am a salaried employee. We have automatic deposit on the 1st and 15th. I have worked here for several years now, and in that time my employer has missed payroll twice, once a couple of years ago and then again today. I try to be forgiving with it being a small company, but as someone who is currently livi…

If an employer doesn’t match, would you do a Roth or 403b? I’m leaning towards maxing out a Roth then whatever I can budget into a 403b. Is that the correct line of thinking? Edit: this is for a potential job. I would be making about $70/hr (basically double than what I could make anywhere else in my field) with a reasonable COL. My plan is to work here for 2-3 years, save a big chunk of money for a dec…

Employer overpaid me, then took more than what was owed – no communication My employer accidentally paid me for three weeks on a weekly check instead of one week. I got two additional weeks pay. I reported this instantly and didn’t receive a response for several days until my manager called me. He said he would take it out of my next paycheck. Okay. My entire next paycheck was taken, which included 8 hours overtime. Th…

My employer offers both traditional and Roth 401K I get a company match on whichever I choose to contribute. For the first ten years I contributed solely to the traditional 401K as that was all that was offered at the time, but for the last couple of years I’ve switched to contributing solely to the Roth 401K as it became a new option for us. Since I get a match on either one, and the bulk of m…

401k ex-employer to employer transfer and Rule of 55 Hi – Let me begin by saying any help/advice here is greatly appreciated. I’m 51 and have been at my current employer for 18 years. In addition to my 401k with my current employer I also have a 401k from a former employer, both are with Fidelity. (2 separate accounts) My goal is to retire at 55 and financially I’m currently on track to do so. Wh…

Employer took away our FSA carryover Not sure if this is the right subreddit to post this so apologies if it’s not… My company was acquired at the beginning of the year by a large corporation but we are still operating independently for the rest of 2024. They’ve really kept us in the dark about a lot of the details including benefits, working locations, salaries, titles, etc. Any…

Best way to do employer student loan repayment Hello! I might be overcomplicating this, my bad if so! I have $8,500 total in student loans. My job offers $100 a month towards those loans. I was wondering what would be the best way to maximize the amount my job is paying into my loans while also not paying too much extra in interest. I just graduated so I’m currently in the 6 month grace per…

Do share prices remain the same when rolling over a 401k to a new employer’s plan? Hey r/personalfinance I’m seeking advice on rolling over my 401k from a previous employer to my new employer’s 401 plan. One thing I’m particularly uncertain about is how the rollover process affects the shares I’ve accumulated over the years. Specifically, when I do a rollover, do the shares I bought retain their original purchase price, or do…

Do I have to wait until the vesting period to see employer’s 401k match in my retirement account? Hi everyone, I am a new employee at a large company and I started January of this year. I was eligible to contribute to my 401k as of April. I have been contributing and was supposed to get an employer match, however, when I logged into my retirement account today, I only saw my total contributions and the “employer contributions” were zero. How…