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Yes in general a higher risk investment should have a higher expected payout than a lower risk investment but the range of outcomes (meaning chance of loss) will be higher

You’re too late to have it processed. Weekends and all that

Might be worth checking with your payroll department too. Between them and the plan administrator, they should have cut off contributions once you hit your limit. I would ask how they let that happen.

And Happy New Year to you too!

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This is very helpful, thank you so much! :)

But I would want this conversion to count for tax year 2022. If I convert in 1/1/2023, it counts towards tax year 2023

You can convert in 2023. Doesn’t really matter

Then there is your answer.

(Note that after-tax is not the same as Roth.)

So far I've found the local ups employees friendly being in there a few times. Really my main focus areas are price, security, customer service/availability, and of course making sure this works smoothly from an operational standpoint (i.e. using it as my registered address with my employer).

Really? I couldn’t see A way to do it

We can only hope that the cpi drops to the fed’s targeted 2% as quickly as possible since I bonds only preserve capital. Although from my readings it is likely to drop more slowly over the next 1-3 years.

Historically speaking one article I was reading about the fed’s approach during the inflation period of the 70’s to 80’s was they eased off rate hikes too early only to raise them again. No real good option though since the article also said that once the fed actually breaks the economy their hand is forced to ease off the rate hikes.

Consider too that if inflation does drop to 2% in May your money doesn’t lose purchasing power except for the last 3 months of interest if cashed out before 5 years. Right now everything not matching an I bond is losing its purchasing power.

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I asked about the two addresses (mailing and physical) and they said they would only accept one, otherwise this wouldn't be an issue at all -sigh-

I’m at Personal Capital which is currently 3.8%

Agree w werewolfdad

I’d add - just have your wife get a credit card. Maybe start w a secure one, or maybe she can get one w high interest, just make sure you always pay it off in full. After a year her credit should be good enough to get better cards.

Why do you want to invest more and outside your 401k/Roth? The answer to this is important for us to give you better advice

No. You're converting the balance inside a traditional IRA to Roth IRA, not the account itself. The two accounts stay exactly where they are. The contents move.

You have to rely on the legal documents you agreed to when you bought the place. Those are filed with your county, if you don't have a copy. Then, you need to read the minutes of the meeting when this was put in place, if you didn't attend that meeting. That will tell you what your legal obligation is, not some third-party website.

Something good to remember is that rent is the most you’ll pay, and the mortgage is the least you’ll pay monthly.

It may feel like throwing money away, but you get a some great benefits like continuing to save money/pay off debts since you’ll pay less monthly, and won’t have the unexpected expenses of owning a house. I’d say even more importantly, you get flexibility! You can get out of your current living situation asap, and have more time to find the right housing fit for you/your family.

Serious imo

I agree w werewolfdad too. That account is one of the best advice givers on this sub!

Go to school, don't worry about your trust fund and pretend it doesn't exist. If you can find employment (internship) especially during the summer break, choose something that suits your degree and education. This will allow you to earn a small salary and network while building bridges to transition to the workforce.

You are assuming the HOA is profiting from this transaction. Refunding the fees the payment processor made in error will come from the HOA reserves and not from the payment processor. The board needs to engage the payment processor to get to the bottom of this but the CCRs will need to define what an excessive fee is.

3.25% is not that excessive for a credit card procesing fee. The OP could try a different form of payment like a check or a bank transfer.

Yes.

Hard to take them seriously with a name like that.