#paychecks

I’m saving for a house, what should I do with my paychecks?

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I’m saving for a house, what should I do with my paychecks? I’m planning on buying a house towards the end of the year, with my paychecks I get 2 times a month should I put those into a savings account or try to put them into a stock like SPY or something to earn potential earnings? Like I mentioned earlier I’m going to be taking this money out in November/December to purchase a house. submitted by …

Reddit Personal Finance 714 2024-06-10

Paychecks not going into 401k

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Paychecks not going into 401k So I started a new job back in December of last year and my 401k plan says that I have to work 3 months to be eligible for the plan. I checked in March to see if my checks are being deposited into my plan, and they were not. I reached out to my HR department and they said “They saw I updated my contribution % when I was eligible (at the 2 month …

Reddit Personal Finance 451 2024-05-19

What % of our paychecks should we be putting into our joint account?

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What % of our paychecks should we be putting into our joint account? My husband and I have a joint account that we opened when we got married with the intention of this account to be only for future major expenses such as vacation / downpayments. We each pay out of our personal accounts for bills such as rent, utilities, groceries etc. and split it equally. If we go out together, one person will pick up the bill …

Reddit Personal Finance 645 2024-02-25

Going tax exempt on paychecks

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Going tax exempt on paychecks A lot of my co workers are convincing each other “ to go exempt”. Personally I don’t think it’s smart but how exactly does it work? Do they eventually have to pay back the taxes? Good idea or bad? submitted by /u/hitbunz

Reddit Personal Finance 476 2023-11-24

First three paychecks have zero federal tax taken out. US

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First three paychecks have zero federal tax taken out. US Took the first half of this year off work for sabbatical. Started a new gig in May, and my first three paychecks have had *zero* federal income tax taken out. When I inquired with my HR to ensure I didn’t make some mistake, they said it was because of my dependent deductions (3 kids, so $6,000). Never had this happen in previous jobs/years. Did …

Reddit Personal Finance 200 2023-07-19