Old employer paid me 5 years later.. I just noticed that an employer whom I worked for 5 years ago in 2018 paid me – deposited the $ in my bank account. The amount is not what I received while working there, it’s a smaller amount. This is so random. I am trying to figure out how this might have happened? Anyone know if there is a reason that they may pay me? The only thing I can th…

Can you ask an employer for a retroactive retirement contribution? I am super novice on the topic of investments and retirement. When I started my job a few years ago I received a form that would waive the typical two year waiting period for employer retirement contributions (they deposit 10% of my income into my 401k). I did have previous qualifying employment that would have waived this two year period, but I…

401k from previous employer not eligible to be rolled into new 401k I left my previous employer at the beginning of the year and I wasn’t given an option to rollover my 401k to my new employer plan. It was all transferred to a Traditional IRA, but I would prefer it be in a Roth IRA. I’m just wondering if I’m able to transfer that from Traditional to a Roth IRA? Anything I should watch out for? I know I’m eligib…

Employer listed on credit report is not mine Noticed KFC listed as a new employer on my TransUnion report this morning. Called TransUnion, they confirmed it was reported on July 16 and verified on July 18. Told them it is identity theft, they removed KFC and helped free my credit (they notify other 2 bureaus). Are there any additional steps I should take at this time? Should I file a polic…

I want to stay with my current employer but I just got offered a job that pays 15k more with a different company. How and what is the best way to negotiate with my current employer? I graduated May 2022 with my Bachelor’s Degree and was fortunate enough to secure a full-time job with a small, private firm the previous month. I’ve been working with the same employer since then and received a small raise after I graduated but I have yet to receive my annual review even though they have done it for almost every other employee …

Employer deducted funds without consent Employer overpaid me and took overpaid funds from pay check. Not legal in my state. They needed written consent somewhere in the mixup they forgot and just took it. I was left with 21$ check after 401k, hsa, medical, taxes deductions. I don’t really care about the 21$ check. I was already expecting a below 60$ check.(75% contribution to 401k) I’…

Employer threatening to remove money from 401k retroactively My employer is threatening to retroactively remove money from my 401k because “they over contributed the employer match for 2022” based on some contribution limit described in a policy they’re unable to present. Basically they set some arbitrary employer match limit for 2022, and now they’re saying that limit was exceeded in my case, and now th…

Questions to ask employer-provided financial advisor As part of my benefits, I have access to a financial advisor, who I have my first meeting with tomorrow. They’re a CLU, ChFC and the job title in their email signature is “Financial Services Representative.” I’m a pretty classic case of a millennial who has been underemployed and paycheck-to-paycheck for the past decade, so I’ve never really tho…

Am I misunderstanding 401k vs IRA or is my employer? Hey /r/personalfinance, I started a new job in January which does not let new hires contribute to the 401k plan until 6 months in. Since I am now eligible I am attempting to get enrolled within the plan. I submitted my paperwork earlier today where I checked the box stating I wanted to make my contributions as Roth (post-tax) contributions. The…

Questions about independent employer Hi all, I’m not well versed in the finance world so be easy on me. I got offered a commission gig with an couple people who are running an online business account. I will get deposits sent to my bank account from every appointment with a lead that I close. They said there’s no 1099 but that if I had an LLC I could say this is a tax write off, I …

Husbands employer deleted his hours his check was short After my husband quit his job his boss deleted some of his hours. His check was short and he wasn’t paid time and a half for the over time he worked. He has an app where he can see the hours he worked daily. She deleted an entire day now it says he earned 33¢. What is the proper way to handle this? Update: Thanks everyone he is going to submit a…