Employer health insurance plan seems cost prohibitive My family is receiving it’s health benefits through my wife’s employer but she may quit her job to stay at home with the kids – a move I 100% support. Her employer is covering a good percentage of our family healthcare plan and, with two incomes, it’s an easy financial burden. After reviewing my own employer’s plans, I am finding that they are …

Former employer avoiding my request for COBRA Hi! I am a teacher (non-tenured) and was non-renewed in May for next school year. My health insurance ended along with my contract yesterday (June 30). The past week I have reached out to HR—both via email and phone call (had to leave voicemails), inquiring about my options to continue my health insurance. The HR woman has not gotten back to me …

Old employer sent me my 401k My old employer sent me my 401k in the form of a check. I’m 25. It was only like 100 something dollars. My mom said to cash it, so I did- but now I’m nervous something bad is going to happen?! I read you can get 10% taxed or something. I don’t have a Roth IRA or any other type of savings investment. I just put the money in savings and don’t plan…

Previous Employer Withholding Vested Match I started working for a company in May 2018, and contributed to a 401k plan that was provided. I worked at this specific company until April 2021 when our branch was sold to a different company. I worked at the company that purchased my original company’s branch until August 2021. The OG company wouldn’t completely be vested until employees had …

lost out on employer matched 401k, need some advice I recently left a job that had 401k matching, i had put in ~4% and it was matched at 6%, but I totally didn’t know that there was a vesting period of 3 years for 100% of the employer contribution, or else it would be 0%. I’m so stupid and timing was just not on my side, i ended up leaving at the 2 year and 10 month mark, any idea on if there is …

401k worth it if there’s not employer match? Currently 25, have HYSA and ROTH IRA active for 8 months. Is it worth it to start 401k with my employer who offers 401k with no match? Please advice submitted by /u/lightingjoker7

Former employer won’t release my 401k Hi there everyone. I find myself in a but of a pickle, also I am on mobile so apologies in advance for any spelling errors or formatting issues. I was let go from my previous employer on Feb 29. About a month later I found a new job. My 401k which has 60k in it needs to into my new account with my new job. Simple right? The former employer sends…

Traditional vs Roth 401k for Employer Match Will my employer match more money if I select traditional vs roth 401k? I understand that I’ll end up paying the taxes regardless for traditional, but at least initially, is this how it works? submitted by /u/SaltyAmphibian1

Quick question: Do I HAVE to have FB to manage my employer’s FB? I have an Instagram account that I’ve connected to their Meta Business Page. I’m able to make posts for my employer’s Facebook AND Instagram pages. The issue comes in when I need to respond to inquiries. I can’t even SEE comments made on Facebook, let alone react or apply to them. I can see and respond to inquiries on Instagram with no issue. Is…

My employer can no longer afford to pay me I’ve been working at a mom and pop since the beginning of the year. Financial issues crept in beginning in April and now they are several paychecks behind, about $10k worth. I’ve already started the hunt for another job..disappointing because I’ve loved this job and the freedom it allowed me to have. It was the first job I’ve ever had that gave…

Employer switched HR system, paying less taxes per paycheck? Need advice! Hi, My employer switched HR systems and now I’m paying $170 less in taxes per biweekly check. My federal income tax went from $289 to $178, and my state income tax went from $119 to $61. I confirmed that my tax deductions, exemptions, beneficiaries, etc. were the same as before. The HR department also confirmed it, and they suspect that maybe no…

Recently laid off, employer is forcing 401k disbursement. What should I do with it? HR changed their prior policies, informing me that my 401k will be distributed within a few weeks. Before, it could be left alone, but they said it’s not allowed to sit there anymore. I have $1.3M in my account. I’m over 55, so I wouldn’t have to pay a 10% penalty to cash out, but I don’t know what the best long-term strategy is. Some background…

Roll over 401(k) to new employer 401(k) or IRA? I recently switched jobs and need help deciding what to do with my old 401(k). There’s not much in it – just what my previous employer contributed as I was focused on building up an emergency fund. Now I will be contributing to my new 401(k) with a company match + would like to start an IRA or Roth IRA. Would it be better to roll the original 40…

Is my employer health insurance too expensive/bad? 20s M, healthy, started new job. My new employer has cafeteria options, but they all seem really expensive to me. I’ve seen other options for HDHP and they can be half if not less the cost. I’m not sure if I am missing something here as to why these plans seem much more expensive. My previous employer only had 2 plans and paid premiums either wa…

401K employer match from previous year? I messed up thinking I contributed a substantial amount to my 401K when in reality it was very little (like 1%). Can I contribute more to my 401K from last year and ask my employer to match it? Or is it too late? submitted by /u/Educational-Task-313

My employer is not honoring 401k vestment schedule Hello everyone, here’s my problem. My 401k is on a 20% per year vestment schedule for the employer match. I am approaching my third anniversary and every time I ask about my vestment, there is another explanation for why I have to wait longer. Apparently, the first year of employment was year negative one of the schedule, my second year was year…

Employer matches 8%. How best to use it? My employer matches up to 8% for retirement accounts. They offer both a 401k and a Roth. I make around 70,000 a year and can afford to set aside the full 8% for the match. I expect to continue earning more and advancing in my career over the next 10-20 years as I’m just starting out and was recently promoted. I know that the Roth versus 401k de…

Still on previous employer payroll, is this normal? Hi, I’m based in the UK for context. I had a summer job that I left in Feb 2023, have not had contact with the employer since due to parental interference (I was 16 when I left) and no reason to do so. I never received a P45 when I left there, neither did a friend of mine who left a few months before me. The business wasn’t run in the best way …

Employer accidentally reversed my check My dad and I share the same name basically, I have a middle name and he doesn’t. We also work for the same company ( we work in different departments). My dad received two of the same checks(direct deposits)he notified payroll and they told him that they would reverse it and not to worry about it. Instead of reversing his they reversed my pay ch…

If Employer Advertised a Benefits Package as “Social Security paid by (employer) = 6.2% of taxable wages on behalf of employee”, how would you interpret that? Trying to gauge my sanity. If an employer sent a benefits breakdown with a job offer that advertised as “Rewards of Benefits Provided” they would be paying “6.2% of taxable wages on behalf of the employee” for Social Security and “1.45% on behalf of the employee for Medicare”, how would you interpret that? We (fiance and I) interpreted that as …