If you have maxed out already at your last employer you are maxed out and should not put any more in a 401kcrypto11
I am changing jobs but I have already maxed out my 401K contributions for this year. Is there a way to get the 6% that my new company matches on the 401K even though I wont contribute to it (because I have already maxed out my contributions in the current job). Check with HR they may contribute the match even if you put nothing in the 401k. My last company did so its posable.
Or, asking a different question, what if I contribute 6% in the new job just to get the match, what happens with this extra money that I am contributing in the 401K after it is maxed out?
Search found 985 matches
- Sat Sep 26, 2020 6:51 pm
- Forum: Personal Finance (Not Investing)
- Topic: How to get company 401K matching after maxed out
- Replies: 25
- Views: 3651
Re: How to get company 401K matching after maxed out
- Mon Sep 14, 2020 9:25 pm
- Forum: Personal Consumer Issues
- Topic: Lawn mower recommendation
- Replies: 91
- Views: 8905
Re: Lawn mower recommendation
I have switched over to the EGO electric Lawn tools. I am done with the gas or gas oil mix and all the maintenance needed at the end of the season.
- Sun Sep 13, 2020 12:56 am
- Forum: Personal Investments
- Topic: Monthly surplus
- Replies: 2
- Views: 775
Re: Monthly surplus
Just open a taxable account and put as much as you can in that after the tax-deferred is maxed. It is nice to have a large amount it taxable in retirement, gives you choices.
- Sun Sep 13, 2020 12:36 am
- Forum: Personal Investments
- Topic: Adjusting Asset Allocation- Frequency
- Replies: 16
- Views: 1103
Re: Adjusting Asset Allocation- Frequency
one thing you may want to consider is just put all new contributions into the S&P 500 and rebalance Bonds once a year. That way you can take advantage of the stock's up and downs.
- Thu Sep 10, 2020 1:30 am
- Forum: Personal Investments
- Topic: 401k Rollover Advice
- Replies: 2
- Views: 399
Re: 401k Rollover Advice
Unread post by TwoIdenticalIndexes Hi, I will be leaving my job soon, and I have had some difficulty understanding the details on rolling my 401k into my IRA / whether it is worthwhile. I think it may be clearing if I give my own specifics: 1. I am young, not close to retirement Keep working and save 2. My 401k has some admin fees that I’d like to avoid and the user interface is very difficult to deal with. I’m open to reasons not to transfer though. The funds in the plan are fairly good. What fund and what is the fee what would you transfer it into 3. I have a Roth IRA currently, no traditional IRA, though I’m happy to make one if that will help Maybe, maybe not you may want to transfer it into your new employer 401K 4. My 401k is about 45...
- Tue Sep 01, 2020 12:04 am
- Forum: Personal Consumer Issues
- Topic: 2016 Mazda 3 Sedan no longer fits!
- Replies: 29
- Views: 2690
Re: 2016 Mazda 3 Sedan no longer fits!
Time for a Mazda CX 5
- Mon Aug 31, 2020 11:45 pm
- Forum: Personal Investments
- Topic: What to do with monthly surplus?
- Replies: 30
- Views: 5063
Re: What to do with monthly surplus?
I sorta agree with this but some small changes
You are doing good to think about this nowby novemberrain
If you are married with 2 kids, this could be
two 401k accounts (bonds can be placed here) If you both have 401ks if not see next line
two IRA accounts (bonds can be placed here) a Roth may be better down the line. If your wife is a SAHM a tIRA may lower your taxes
two 529 accounts up to an amount that will sufficiently fund college the fund can be transferred between kids
one HSA account to invest in stocks
one taxable account Yes but all accounts would be thought of as one account
Top
- Thu Aug 27, 2020 11:29 pm
- Forum: Personal Investments
- Topic: how to start , what should i start doing?
- Replies: 8
- Views: 937
Re: how to start , what should i start doing?
First, get your 401k up to 10-15%(one present a year to get you there is ok). Next invest is Roth to the max. Next investment taxable VTSAX or the ETF.
good luck
good luck
- Thu Aug 27, 2020 11:00 pm
- Forum: Personal Investments
- Topic: New taxable account-what to put into it?
- Replies: 24
- Views: 2403
Re: New taxable account-what to put into it?
I would not buy bonds. to upset my fellow B Heads I owned no bonds till the late 50s.
I would just buy VTSRX or the ETF and build it up
I would just buy VTSRX or the ETF and build it up
- Thu Aug 27, 2020 10:38 pm
- Forum: Personal Investments
- Topic: Inherited IRA but I’m in top tax bracket?!?
- Replies: 46
- Views: 4031
Re: Inherited IRA but I’m in top tax bracket?!?
First world problem.
I would do one of two things. just take the minimum out and have fun with it.
give it all to charity for a tax right off
I would do one of two things. just take the minimum out and have fun with it.
give it all to charity for a tax right off
- Tue Aug 25, 2020 9:22 pm
- Forum: Personal Investments
- Topic: Personal Finance Advice for New PhD
- Replies: 27
- Views: 3157
- Sat Aug 15, 2020 12:15 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard paper on its investors who moved to all-cash during the pandemic
- Replies: 61
- Views: 8689
Re: Vanguard paper on its investors who moved to all-cash during the pandemic
I had lunch with a guy who took the Megacorp buy out retirement plan when I did.
He said, "I pulled all my money that was in the market out in the beginning of March and put it into a money market."
I said "I didn't just let it ride and have made more than where it was in March before the crash. When are you going to get back in?"
he said " Next crash"
He said, "I pulled all my money that was in the market out in the beginning of March and put it into a money market."
I said "I didn't just let it ride and have made more than where it was in March before the crash. When are you going to get back in?"
he said " Next crash"
- Fri Aug 14, 2020 1:17 am
- Forum: Personal Investments
- Topic: Need consolidation Advice
- Replies: 2
- Views: 412
Re: Need consolidation Advice
*$1.2M sitting in Money Market (from stock sale last year, taxes paid now just figuring out where to invest). Put into VTSAX *$720K in one Company XYZ stock (recent IPO proceeds) Put into VTSAX *$700K in ETFs and Tech Stocks. (TSLA, FB, AMZN, NFLX mostly) Put into VTI which has TSLA, FB, AMZN, NFLX in it *$60K Betterment (80/20 stock/bond) I don't like Betterment but ok *$360K 401(K) What is it in? *30K Cash Probaly to low of a emergency fund *Just started a joint betterment to start saving $4K a month with wife (80/20) allocation Why not do a life strategy growth VASGX instead *No IRAs If your wife is a stay at home why are you not doing a Spousal tIRA to the max for her for the deduction All of this has tax consequences so I would talk to...
- Fri Aug 14, 2020 12:38 am
- Forum: Personal Investments
- Topic: New to investing, please advise
- Replies: 11
- Views: 1135
Re: New to investing, please advise
Put all off her fund in Vanguard Inst Target Ret 2060 Fund (VILVX) (.09%)
Start a Roth IRA for you at Vanguard in VTSAX for the max contribution.
If you can do a Roth IRA for her also at max contributions.
Start a Roth IRA for you at Vanguard in VTSAX for the max contribution.
If you can do a Roth IRA for her also at max contributions.
- Thu Aug 13, 2020 11:49 pm
- Forum: Investing - Theory, News & General
- Topic: Current Podcast Recommendations?
- Replies: 21
- Views: 2533
Re: Current Podcast Recommendations?
Jill on Money
Animal Spirits
Stacking Benjamins
the long view
Bogleheads on Investing
Animal Spirits
Stacking Benjamins
the long view
Bogleheads on Investing
- Thu Aug 13, 2020 11:39 pm
- Forum: Personal Investments
- Topic: $20,000 windfall- Help!
- Replies: 71
- Views: 6468
Re: $20,000 windfall- Help!
I would do the vacation with some portion of the cash then put the rest in a taxable VTSAX account.
It's nice to retire with a lot of cash in your taxable account, you get choices as to what you what to draw from in retirement.
It's nice to retire with a lot of cash in your taxable account, you get choices as to what you what to draw from in retirement.
- Thu Aug 13, 2020 12:33 am
- Forum: Personal Investments
- Topic: New to investing, need advice please!
- Replies: 8
- Views: 692
Re: New to investing, need advice please!
Since you asked I will give my opinion. Yes, max out your Roth and aggressive life strategy is fine. Next, take any extra money you have and put it into a taxable VTSAX. Get a combination of both up to 15-20% of your salary and you will be good.
- Mon Aug 10, 2020 12:22 am
- Forum: Personal Investments
- Topic: Newbie here. I need advice on my financials!!!
- Replies: 41
- Views: 3020
Re: Newbie here. I need advice on my financials!!!
I really just invest all that I have to invest at one time and don't worry about the high or low. it seems to work in my favor.
- Fri Aug 07, 2020 11:01 pm
- Forum: Personal Consumer Issues
- Topic: New Clothes Dryer Questions & Recommendations
- Replies: 18
- Views: 3204
Re: New Clothes Dryer Questions & Recommendations
look at Whirlpool brand
- Thu Aug 06, 2020 12:32 am
- Forum: Investing - Theory, News & General
- Topic: When and how often do you rebalance?
- Replies: 53
- Views: 4213
Re: When and how often do you rebalance?
The 4th of July is really the only time I look to rebalance. But in the last 10+ years, I have only had to do it once.
Realy overrated.
Realy overrated.
- Tue Aug 04, 2020 11:04 pm
- Forum: Personal Investments
- Topic: Portfolio Review - Retirement in 8-10 years
- Replies: 5
- Views: 1442
Re: Portfolio Review - Retirement in 8-10 years
Just my two cents Taxable His Fidelity and Hers Vanguard Combined 1.3% cash MM (a large portion earmarked for her 2021 Roth) 0.1% Vanguard Total Stock Market (VTI) (0.03) 0.25% Disney (DIS) Sell and put in VTI His 401k at Fidelity 69.4% S&P 500 Index fund (N/A) (0.014) 7.4% US Bond Index Fund (N/A) (0.037) 1.9% REIT fund (N/A) (0.40) 0.9% Inflation Protected bond fund (N/A) (0.19) 1.6% International Index fund (N/A) (0.08) - No longer contributing 1.2% Company Stock - No longer contributing Sell and put in S&p 500 Company match 6% His Rollover IRA at Vanguard 2.5% Total Stock Market Index (VTSAX) (0.04) 2.1% Total Bond Market Index (VBTLX) (0.05) 1.7% Real Estate Index Fund (VGSLX) (0.12) His SEP IRA at American Century 4.8% America...
- Tue Aug 04, 2020 10:43 pm
- Forum: Personal Consumer Issues
- Topic: Cordless String Trimmer - 40V? 18V? 4Ah? 2.5Ah?
- Replies: 33
- Views: 2581
Re: Cordless String Trimmer - 40V? 18V? 4Ah? 2.5Ah?
EGO is the way to go
- Sun Aug 02, 2020 11:39 pm
- Forum: Personal Finance (Not Investing)
- Topic: Review my portfolio..can I buy a house in 3 years
- Replies: 8
- Views: 1201
Re: Review my portfolio..can I buy a house in 3 years
Here is what I would do.
With such a short time frame (3 years) just put it into CDs. Three years from now you can decide if you what to rent or not. I personally have done rentals and at this point do not want the extra work involved in them.
With such a short time frame (3 years) just put it into CDs. Three years from now you can decide if you what to rent or not. I personally have done rentals and at this point do not want the extra work involved in them.
- Sat Aug 01, 2020 10:10 pm
- Forum: Personal Investments
- Topic: Unique situation going forward
- Replies: 20
- Views: 2684
Re: Unique situation going forward
scsu74 wrote I am married, but she doesn't work. Would a spousal IRA still be an option? I have a state based pension, no 401ks. Would a taxable account even be taxable with no income for tax purposes? Because neither you nor your wife will have earned income, you will not be eligible to make new contributions to a traditional IRA or to a Roth IRA. If you currently have a traditional IRA, you may find it beneficial to convert that to a Roth IRA, a little bit each year. In particular, I would suggest converting at least enough to reach the full amount of your standard deduction (which would incur zero income tax). If you currently have funds in a taxable 403/457, then it may also be converted to a Roth of some sort year-by-year. I don't kno...
- Mon Jul 27, 2020 12:06 am
- Forum: Personal Investments
- Topic: 23 Year Old / First Job / Trying to get finances in order
- Replies: 23
- Views: 2024
Re: 23 Year Old / First Job / Trying to get finances in order
you will figure out over time what to do with your taxable funds (most likely move all to VTSAX or the VTF).
But what I would suggest is to put at least as much as the match in your 401k and then as you get cost of living adjustments/rases each year up your % in your 401K by 1/2 of the adjustment.
But what I would suggest is to put at least as much as the match in your 401k and then as you get cost of living adjustments/rases each year up your % in your 401K by 1/2 of the adjustment.
- Sat Jul 25, 2020 9:19 pm
- Forum: Personal Consumer Issues
- Topic: Industrial Design/Engineering Questions
- Replies: 8
- Views: 782
Re: Industrial Design/Engineering Questions
As a practicing Industrial designer Art Center is a good school but for car design, not product design. I went to a school that trained you in both product and car design.DSBH » Sat Jul 25, 2020 3:08 pm
Retired engineer from the energy industry. I read that the Art Center College of Design in Pasadena CA is one of the best design school in the world. You could also contact them - http://www.artcenter.edu/about/contact.html - and ask for their advice on a longer term path.
I was accepted into Art Center and turned them down because I preferred product design and the cost.
- Sat Jul 25, 2020 2:46 pm
- Forum: Personal Consumer Issues
- Topic: Refrigerator Thermometer
- Replies: 22
- Views: 1835
Re: Refrigerator Thermometer
Refrigerator or freezer temps vary by where you place them a five-degree difference would not be a concern to me.
- Sat Jul 25, 2020 2:25 pm
- Forum: Personal Consumer Issues
- Topic: Industrial Design/Engineering Questions
- Replies: 8
- Views: 782
Re: Industrial Design/Engineering Questions
I just retired from 37 years as an Industrial designer. CAD is absolutely needed now in ID preferably Solid Works. Solid Works (or other CAD programs ) then can be imported into Key Shot which is the main rendering package used in ID for presentations. Other programs I used a lot Adobe Photoshop, Adobe Illustrator mostly to clean up renderings and graphic layout for presentations and quick 2D illustrations.
If you need to know more ask or PM
If you need to know more ask or PM
- Sat Jul 25, 2020 10:09 am
- Forum: Personal Consumer Issues
- Topic: Troubleshoot leak under kitchen sink
- Replies: 20
- Views: 1447
Re: Troubleshoot leak under kitchen sink
There is a rubber gasket between the garbage disposal body and an elbow that goes to the drain often they deteriorate. Easy to change and cost $2-3 at a hardware store.
- Mon Jun 29, 2020 12:28 am
- Forum: Personal Finance (Not Investing)
- Topic: Can I Make a Contribution to 2021 IRA Now
- Replies: 6
- Views: 1023
Re: Can I Make a Contribution to 2021 IRA Now
No, you can not
- Sat Jun 27, 2020 9:41 pm
- Forum: Personal Consumer Issues
- Topic: Face Masks
- Replies: 23
- Views: 4650
Re: Face Masks
Hard to get them to wear paintsrunner3081
eBay and Walmart have had 50 packs as low as $8.96 recently.
whodidntante
Now if we can just get Walmart shoppers to wear them.
- Wed Jun 24, 2020 8:14 pm
- Forum: Personal Consumer Issues
- Topic: Viking Built In Refrigerator--Repair or Replace? UPDATED
- Replies: 94
- Views: 8055
Re: Viking Built In Refrigerator--Repair or Replace?
I would look at the Jennair good reliable midpoint and much less the SubZ
- Sat Jun 20, 2020 12:01 am
- Forum: Personal Investments
- Topic: Susie Orman Says You are Crazy to be Investing in Bonds
- Replies: 176
- Views: 23841
Re: Susie Orman Says You are Crazy to be Investing in Bonds
last time I read Susie's portfolio was almost 100% bonds.
- Thu Jun 18, 2020 2:48 pm
- Forum: Personal Consumer Issues
- Topic: Soda Can Holder for Fridge
- Replies: 14
- Views: 1297
Re: Soda Can Holder for Fridge
The Container Store has some options but not under the shelf. that was a feature offered by the manufacture, my guess Maytag.
https://www.containerstore.com/s/kitche ... d=11010397
https://www.containerstore.com/s/kitche ... d=11010397
- Sat Jun 13, 2020 11:52 pm
- Forum: Personal Consumer Issues
- Topic: Best Place To Buy Mid-Price Appliances
- Replies: 8
- Views: 1018
Re: Best Place To Buy Mid-Price Appliances
Don't know about the toilet but I would buy a KitchenAid ice maker over Scotsman. More reliable and easier service.
- Wed Jun 10, 2020 11:44 pm
- Forum: Personal Consumer Issues
- Topic: GE Profile Refrigerator/Freezer vs Regular GE
- Replies: 45
- Views: 5978
Re: GE Profile Refrigerator/Freezer vs Regular GE
badbreath wrote: ↑Fri Jun 05, 2020 4:56 pm GE appliances was bought by Haier a China company 5 or 6 years ago. Quality has been going downhill since then. illumination wrote: ↑Fri Jun 05, 2020 5:06 pm GE is basically just a licensed name now for home appliances, and it's a pretty cut rate offering now. FWIW, I have GE Monogram (which is supposed to be their high end line) and it's absolute junk. I would look at something like Whirlpool/Kitchenaid. But truthfully, all appliances are pretty disposable now. Where do you guys get your information? GE Appliances is led by a lot of the same people, in the same buildings, with the same suppliers. There are a lot of new ideas, and GE Appliances as a whole is doing much better than under General El...
- Wed Jun 10, 2020 11:38 pm
- Forum: US Chapters
- Topic: Roll Call for the Retirement Class of 2020!
- Replies: 318
- Views: 71228
Re: Roll Call for the Retirement Class of 2020!
6-30 will be my last day after 27 years as my megacorp offered a retirement package that I could not refuse. A good amount of money great medical that will get me close to Medicare and cover the family.
I was planning on retiring at the end of the year on my own but this just pushed me over the edge. Folks I work with already say I seem much less stressed even though my upper management still is giving me new assignments to complete before I leave. Trying to get blood out of a stone
I was planning on retiring at the end of the year on my own but this just pushed me over the edge. Folks I work with already say I seem much less stressed even though my upper management still is giving me new assignments to complete before I leave. Trying to get blood out of a stone
- Fri Jun 05, 2020 3:56 pm
- Forum: Personal Consumer Issues
- Topic: GE Profile Refrigerator/Freezer vs Regular GE
- Replies: 45
- Views: 5978
Re: GE Profile Refrigerator/Freezer vs Regular GE
GE appliances was bought by Haier a China company 5 or 6 years ago. Quality has been going downhill since then.
- Wed Jun 03, 2020 12:19 am
- Forum: Personal Consumer Issues
- Topic: Looking for Shredder Recommendations
- Replies: 30
- Views: 2477
Re: Looking for Shredder Recommendations
Look into the Fellowes brand
- Sun May 31, 2020 11:19 pm
- Forum: Personal Investments
- Topic: What to do after maxing 401k and emergency fund?
- Replies: 23
- Views: 3159
Re: What to do after maxing 401k and emergency fund?
Here is what I see, you are all over the place and need to consolidate. Investments 1. Vanguard 401k from prior employer: $111,937 Vanguard Equity Income Fund Admiral (VEIRX): $5,216 Move to Vanguard Institutional 500 Index Trust • Vanguard Growth Index Fund (VIGIX): $19,516 Move to Vanguard Institutional 500 Index Trust • Vanguard Target Retirement 2055 Trust: $64,632 Move to Vanguard Institutional 500 Index Trust • Vanguard Institutional 500 Index Trust: $22,573 2. Fidelity 401k current employer plan: $27,549 Annually invest 401k max; company match is ~$3,100 a year if max out Also, doing 10% after tax for mega back door roth; this I just setup automatically. VANG INST 500 IDX TR : $12,145 • SS RSL LGCPGR IDX C : $6,517 move to VANG INST ...
- Wed May 20, 2020 1:25 am
- Forum: Personal Consumer Issues
- Topic: Refrigerator Malfunction
- Replies: 20
- Views: 1985
Re: Refrigerator Malfunction
repeat OPPs
- Wed May 20, 2020 1:25 am
- Forum: Personal Consumer Issues
- Topic: Refrigerator Malfunction
- Replies: 20
- Views: 1985
Re: Refrigerator Malfunction
Yes as it switches on and off not to heat up the freezer to muchbadbreath wrote: ↑Mon May 18, 2020 1:08 am
It most likely not the ice maker and that it is going into the defrost mode which can sound like a hum.
Would that happen with a duration of one second repeating every 15 seconds?
- Wed May 20, 2020 1:10 am
- Forum: Personal Consumer Issues
- Topic: Discarding Music CDs
- Replies: 97
- Views: 9401
Re: Discarding Music CDs
badbreath wrote: ↑Tue May 19, 2020 8:47 pm
sell your CDs to declutter.com you won't get much but something
I'd love to sell our old CDs somewhere. I don't think declutter.com is an active website anymore. Any other suggestions?
of corse they have to use .com spelling its
decluttr.com
sell your CDs to declutter.com you won't get much but something
I'd love to sell our old CDs somewhere. I don't think declutter.com is an active website anymore. Any other suggestions?
of corse they have to use .com spelling its
decluttr.com
- Wed May 20, 2020 1:02 am
- Forum: Personal Investments
- Topic: $15,000 bonus
- Replies: 20
- Views: 3110
Re: $15,000 bonus
What I do is max out Roths or IRA if it makes tax sense then put the reset in a taxable account.
I would also consider if this is a bonus from work to up bonus contribution to your 401k just make sure your company does a true up on company contributions.
I would also consider if this is a bonus from work to up bonus contribution to your 401k just make sure your company does a true up on company contributions.
- Tue May 19, 2020 7:47 pm
- Forum: Personal Consumer Issues
- Topic: Discarding Music CDs
- Replies: 97
- Views: 9401
Re: Discarding Music CDs
sell your CDs to declutter.com you won't get much but something
- Mon May 18, 2020 12:08 am
- Forum: Personal Consumer Issues
- Topic: Refrigerator Malfunction
- Replies: 20
- Views: 1985
Re: Refrigerator Malfunction
It most likely not the ice maker and that it is going into the defrost mode which can sound like a hum. Good suggestions on seeing if it is the ice maker
- Sat May 09, 2020 12:53 am
- Forum: Personal Consumer Issues
- Topic: What are you doing for haircuts due to coronavirus shutdown?
- Replies: 258
- Views: 27360
Re: What are you doing for haircuts due to coronavirus shutdown?
I am just going to let it grow as I did when in College. I would let it grow for the semester then go home for break and my Mom would say your hair is to long and give me cash to get it cut.
I have also been growing out my whiskers. When times are different its time to do something different.
I have also been growing out my whiskers. When times are different its time to do something different.
- Thu May 07, 2020 7:02 pm
- Forum: Personal Consumer Issues
- Topic: Does keeping ice packs in fridge save energy?
- Replies: 27
- Views: 7604
Re: Does keeping ice packs in fridge save energy?
Will the ice packs help in a power outage? No not really since the refrigerator relies on a cold air circulating from the freezer which uses dampers and fans which need electricity.
- Tue May 05, 2020 11:34 pm
- Forum: Personal Consumer Issues
- Topic: New Refrigerator: Problems? Solutions?
- Replies: 18
- Views: 2086
Re: New Refrigerator: Problems? Solutions?
Question 1: I placed two thermometers in each compartment, and the readings are pretty consistent between thermometers per compartment. But, the readings suggest that the thermostat is not providing accurate temperatures. For example, if I set the thermostat for 37, I'm getting 40. If I set it for 35, I'm getting 38. Is this an issue that warrants a service call, or should I just set the thermostat for whatever setting that gets me a desired temperature and just forgetaboutit? Question 2: The freezer compartment has wheeled draws that slide out and back when the door is opened and closed. Everytime we open and close, we hear a squeaky-wheel sound. Anyone else experience such? Would you use some oil on the wheel or the track? Really? What k...
- Tue May 05, 2020 1:01 am
- Forum: Personal Consumer Issues
- Topic: Front load washing machine recommendations
- Replies: 98
- Views: 7560
Re: Front load washing machine recommendations
I would just get a Whirlpool or Maytag.
dependable and you can get parts quickly if they break down
dependable and you can get parts quickly if they break down