Public employer doesn’t contribute to social security and no pension? I recently started a new job working as a public employee that does not contribute to social security. From my reading, I understand that this is fairly common for public employees with pensions. However, my employer also doesn’t provide a pension plan. In fact, they stopped offering pensions a few years ago. They do provide a fairly generous re…

Employer offering to buy me a house I had a weird experience recently where my employer suggested he would be willing to “help” with or give me a down payment on a house. I live in a HCOL town (not a city) where it is rare to find literally annything under $1m and it is an ongoing conversation when thinking about how to live here long term. Because of things that have happened rec…

Employer overpaid me and I attempted to fix it This all started two paychecks ago. For some reason, my paycheck had a drastically reduced pay rate (I’m salary), about 30% of what it should be. I contacted HR and within a few days they sent me a paycheck with the remaining 70% (minus taxes). Now, my most recent paycheck arrived, and it had that 70% on it again. I contacted HR again, and expla…

Offered a 30k forgivable loan from employer, wondering if I should take it. I work for a fairly large company and they recently offered a program where they will give you a 30k loan and forgive it after 3 years if you remain with the company. I’m looking for advice on if I should take it or not. I’ll lay out the details below -30k up front payment direct deposited into bank account upon signing the contract -If you quit…

Employer optional life insurance cost I’m trying to wrap my head around why I opted in for the optional life & ad&d policy for 500k at work at $60 bi-weekly. Regular employer policies are 2x salary and I also have a private life policy that costs 108/month for …. Edit to correct – it’s either 500k or 750k. Does that $60 policy make any sense? Single parent of 2 kids, 1 still in gr…

I get paid for holidays, but my employer accounts for them as “Sick Pay” on my pay stub. Does this matter at all? I work an hourly job that guarantees a minimum number of hours per week. It is school related. Whenever the schools are closed (holidays, snow days, etc.) I still get paid. Although there is a line item for “Paid Time Off” on my pay stub, my employer is marking these non-working days as “Sick Pay”. I used to work a corporate cubicle job an…

Opening an HSA account on my own instead of my employer After learning more about the HSA account, I see how beneficial it is. I want to take advantage of contributing to it for 2023. My employer does not offer a HSA, only a FSA. It is possible to open up an HSA account outside of my employer and start one on my own? Thank you for the help! submitted by /u/RevolutionaryMap4745

Right after employment I found out that the employer does not pay I just got a job bartending at a more upper scale restaurant. I currently work as a bartender at a sports bar and was looking to move up the ladder. Shortly after my first day, I told someone I know who is currently working at another restaurant about my position and she told me that she had just quit working for my current employer because he r…

Hide my social media profiles from employer? I have a lucrative side hustle and social media marketing is an important aspect to it. However, I wouldn’t want my day job folks to accidentally stumble upon my social media profiles and get the wrong idea. Any tips on how I can help safeguard against that? A submitted by /u/NYCHAMGUY

LPT Request how to convince your employer to get an AED I’ve been trying to convince my work, an outpatient medical facility, to invest in an AED for the clinic. They require us to have CPR/AED certifications but say that AEDs aren’t legally required. I’ve sent them AED statistics, I’ve signed up for and gotten grants that halved the price, I worked up a maintenance schedule, I studied good Samaritan…

No employer offered 401K- how do I save for retirement?? I was laid off recently from a job that offered a 401k (but no employer match). I was maxing out my contributions to it (22.5k a year). Recently got a new job that is basically a start up, and as a result they basically don’t offer benefits… no 401k or any retirement fund. I was reading that I could open an IRA but only contribute 6k a year- how…

Can I rollover my HSA into a more optimal provider while still keeping my employer sponsored plan? Reached the the threshold to invest with my employer sponsored HSA, however the investment options are limited and frankly expensive. I still plan to stay with my employer for the near future, in the meanwhile can I rollover these funds into a Fidelity HSA or something for better investment options? (e.g., Low Fee Mutual Funds, Blue Chip Securit…

My Employer Overpaid me and I am freaking out Hey everyone, my apologies if this does not belong here, but could use some serious help / advice. I am going to keep this post as short and to the point as possible. I currently work for Employer X with a salary of $85,000 / year. Back in May of 2022, I went onto military orders and have been on military orders since. Employer X offers a sweet …

Employer wants my photos For context; my day to day gig is that of an auto technician. However, due to asking/inquiring of my background. My employer knows that previous to me getting hired as a technician, I was in deep with photography & graphic design quite a bit. Did some schooling, did some gigs etc. Employer & I have had conversations about my previous endeavors …

Does my new employer’s 401k not allow for rollovers in? (Screenshot) Hi! like the title suggests, I’m trying to rollover my old employer’s 401k balance into my new employer’s Vanguard 401k. I read Vanguard’s FAQ on rollovers, and it tells me in the general FAQ to click on “Transfer assets in” under “Manage your Money” tab, however my “Manage Your Money” tab did not have that specific option. So I looked up my Pla…

What to do with 401K when leaving a company when new employer does not offer one? My wife is leaving a full time benefited position for a part time un-benefited one. She has approximately $100K in a 401K that her previous employer is telling her she either needs to roll over, or cash out her 401K. Her new employer does not have a plan for her to roll into. What would be the best option for her? submitted by /u/TheCaIif…

How to Bash Your Employer Respectfully submitted by /u/Thin-Shirt6688

Ex-employer not informing 401-K Financial form that I have quit A year after resigning, I contacted the financial firm (Fidelity) that had my 401-K, and asked them to rollover the money to an IRA. But, they said that my company had not yet informed them that my employment had been terminated. I emailed the one HR contact I knew, but received no answer. Then, I contacted an ex manager who said he’d help pass…

My wife’s 401k with former employer. My wife got a new job in January of this year. She dragged her feet on rolling over her 401k from former employer. We are obviously beyond the 60 day period to rollover that 401k. From what I understand, this is now going to be treated as a disbursement. She will get hit with a 10 percent early withdrawal. 20 percent will be withheld for taxes a…

Why would an employer pay his/her employee in cash? I recently got a job offer as I move into a different field, and was told the pay will be in cash. Meaning I won’t get taxed even though I can be. Why would they do that? Can someone explain it to me in his/her shoes? Thank you! submitted by /u/Ordinary_Pianist4514