I don’t understand retirement funds I’ve only now started to look at retirement funds, and I’m way too late to the game, and don’t understand them. My company says they will match my 401k at 50%. Okay, I get that. So I invest 4%, I get 6%. Here’s what I’m confused about. It also has this bit: If you meet the eligibility requirements, you will receive an Annual Retirement Contribut…

Is stocks worth it? Just getting into index funds Just getting into stocks / index funds and it’s a roller coaster. Trying for $500 per month minimum and see it go up and go down. I put $800 into FXAIX. I decided to do a personnel taxed brokerage since I already have a pension and maxing out a retirement. I’m wondering if this is worth doing and will check back in 10 years. submitted by …

Why do airlines not let you transfer travel funds from from one person to another? I bought an airline ticket that couldn’t be used. I want to transfer the value of that ticket to someone else. Why don’t airlines usually let you do things like that? submitted by /u/sorbet_wolf

Penalty from switching funds from Traditional 401k to Roth 401k? I just realize that I have a good chunk of money tied up in a traditional 401(k) that I thought was in a Roth 401(k), is there a way to make the conversion without triggering multiple taxes? submitted by /u/ABrooksBrother

Governors call for more funds to secure places of worship as threats toward Jews and Muslims rise LANSING, Mich. (AP) — The letter echoes calls from other national Democrats to increase the program’s funds to address concerns over potential hate crimes motivated by the Israel-Hamas war. The post Governors call for more funds to secure places of worship as threats toward Jews and Muslims rise appeared first on Religion News Service.

Do I need to reallocate into different funds? I saw a post on here recently (which I can’t find now) asking about investment allocations and the feedback the poster was getting was saying that he should be investing more in US stocks and not international, as well as other comments and advice that has me second guessing where I have my money. It’s been getting returns but not crazy high. I …

Applying for grants, pitch contests and use of funds. Hi friends! I found that when I’m doing pitch, contests or applying for grants, there’s mixed reactions around, wanting to use the grant for marketing or marketing efforts. I’d love to know what your experience has been, and if I should change my ask to something else. submitted by /u/OptimistPrime527

Yellen Assures Europe That U.S. Will Provide More Funds for Ukraine The Treasury secretary reassured allies that the Biden administration was not backing away from Ukraine despite opposition in Congress.

SBF Trial: What Did FTX’s Terms of Service Say About Customer Funds? A filing last week suggests Sam Bankman-Fried’s defense wants to get back to the argument that Bankman-Fried did not technically commit wire fraud because FTX’s terms of service were worded in such a way that there’s no case to argue funds were misappropriated.

Remaining funds in 529 account for IRA? I received a funded position to finish up my grad school and have a ~2k balance on a 529. Would it be possible to roll onto my traditional IRA? I see a Roth is acceptable to roll a 529, but I don’t see any literature about trad. Is there any other ways to use the balance? submitted by /u/Immediate_Strength70

Are sinking funds considered savings? For example, the 50/30/20 “rule” asks you to put aside 20% of your take home into savings. My monthly budget is based on two paychecks which comes out to about $4000 after tax, and every month I deposit about $800 into my Ally savings account, of which half goes into a bucket for emergency savings, while the other half are distributed between my…

How to get kids funds? I was awarded $1.5 million in a settlement. I am in the process of setting up a trust and naming my two adult kids as beneficiaries. Other than my now health issues related to the settlement, I am in good condition, financially secure even without these funds. My kids work pretty hard. One has a bit of student debt from post graduate studies. Th…

Unclaimed funds, brother refuses to move on it Hi all, this I guess would be more legal but have to start somewhere. There are unclaimed funds sitting in the N.J. treasury for my deceased mom. (legitimate) My brother is the executor. He procrastinates and refuses to believe or move on this. Thinks it’s a scam, or is just plain lazy, or something. There is almost $13,000 involved. I said the …

Explain it to me like i’m dumb…Mutual Funds, ETFs, Index Funds I’ve read countess articles on this subreddit, rabbit hole google searches, and other sources, but I still can’t seem to understand them. Index funds can be mutual funds, some mutual funds can be index funds? ETFs can be index funds but not mutual funds? Some funds are index funds in the form of a mutual fund? Where does it end? Anyone have a s…

State Dept. Defends Limited Release of Iranian Funds for Prisoners Republicans are complaining about a key step toward completing a deal that will give Tehran access to $6 billion for humanitarian purposes.

Recently left fiduciary, heavily invested in institutional funds (DGEIX/DREIX), help needed to compare performance vs similar retail funds I recently moved on from a fiduciary service that was charging me roughly 1% on the money they managed for me (including my 401k). This was obviously a lot of money, and even though it came with other services, I figure I can probably do an equivalent job if I do some of the work myself and reach out to a lump sum fee fiduciary as a way to “audi…

Tax strategy while moving 403b funds in retirement? I’m helping my aunt (~65F) manage her retirement accounts after she’s already entered retirement while trying to minimize the subsequent tax implications. She has a 403b account that’s been charging well over 1% in management fees, so we’d like to move that money into a Vanguard account. Obviously by cashing out the 403b there will be income tax…

Paychex withholding social security funds beyond my yearly max I maxed out my social security contributions in June 2023. In August 2023, my company was sold to new owners and is now operating under a different FEIN number. I noticed that social security funds were being withheld in my newest check and PAYCHEX is telling me that there is nothing they can do. They will continue to withhold at the 6.2% rate f…

Why do Vanguard target date funds keep 4% in cash? Is it for flexibility? For instance Vanguard 2055 target date fund has 53.03% US stocks; 34.70% non-US stocks; 9.41 Bonds; 3.96% Cash; .04% Other; submitted by /u/10runtime

Dad passed away in 2016. Still small funds in bank account. How to get access to funds? My Dad passed away in 2016 his grandson (my nephew) was the executor of his will. Most of his assets were divided equally among his 4 children. However for the past now 7 years I get a monthly statement in his name from Bank of America that shows he still has money is in account, only a few thousand. While the amount isn’t much to me or my brot…