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• Debt
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I think you have thought on this long and hard...and have come to the right decision. Good job. 👍

Go bend some nails.....have some fun along the way too .

Great suggestion!

OP (or anyone else reading) can do something similar in the future too. If planning to moving into more expensive housing, spend a while putting the difference between current and prospective payment into savings, to see what the new budget will be like.

This also has the huge upside of ensuring that you have a lot of savings when you do move.

You may find our Taxes wiki helpful.

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What exactly are you trying to calculate?

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This is all correct. Charities are very efficient at helping you leave them your money. I'll bet they make it downright pleasant. And attorney, yes.

I believe Amazon deeming certain items as HSA/FSA eligible is purely to allow you to directly use the HSA/FSA card. Amazon is absolutely not the authority on what does and does not qualify -- if you think an item qualifies you simply buy it with another payment method, save the receipt, and reimburse yourself from the account. I recommend doing this anyway as it allows you to take advantage of cashback credit cards. It also facilitates returns/refunds etc.

If you pay $101 for something and only have $99 in the account, you'll submit the entire expense, and be reimbursed $99. You could reimburse the remaining $2 later, if the FSA balance increases. Some FSA administrators will keep track of this for you and automatically send you a $2 check as soon as you're funded.

Call the Humane Society or your local favorite charity, and I can almost guarantee they will provide you with an attorney or recommend one. I sure wouldn't do a 'Do-it-Yourself' will by yourself as that will be so easy for Sissy Dearest to set aside. You need water tight as your estate is significant enough to cause the vultures with lawyers on their back to circle.

See if there is a fee only financial advisor near you who specializes in military families? Or maybe the military offers a service

There isn't anything you can do.

Curious what tax savings do you think H&R Block is missing on your patents return? Backdoor Roth and 529 do not effect federal tax returns.

I put in 20% (roughly 20 grand per year) and my balance is also only slightly higher than 1 year ago. It may feel like that money is gone but I assure you it’s not.

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First, talk to a lawyer and get a will. Tell the lawyer your wishes.

Then, talk to the humane society - they'll have people at the organization who will help arrange things.

Have you thought about your funeral arrangements? You can donate your body to science for a free cremation

You should have the ability to pay for it yourself and then upload the receipt(s).

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You're making $85,000-$100,000 per year. Move out and live your life.

You can still help out your parents if they get in a pinch financially.

Help your siblings find jobs, easier said than done if they don't want to work.

There's always a reason not to move out.

First and foremost, take care of your own retirement and investing needs first. The best thing you can do for your kids is to remain financially independent until death, and not put them in a position where they feel they have to sacrifice what their own young family needs to support you.

Once that’s done, I’m a proponent of over saving. Too much is better than too little, and the worst case for unqualified 529 withdraws are taxes (which you’d be paying anyway if in a taxable account) and 10% on earnings only, not principal.

So if you ended up with $150K too much, assuming half was earnings and half was principal, the penalty would be $7500. Not ideal obviously, but that’s still $142,500 back in your pocket, minus the same taxes you’d be paying anyway of course.

As far as worst cases go, that ain’t too bad.

529

Studies have shown that higher education; whether it is university, community, or tech/trade, the degree increases gross income. On top of which if they have a 529 he is 3-4x more likely to pursue a degree.

On top of which the new provision for 529’s allows up to 35k to be converted to a roth for retirement should he have funds left over or not pursue a degree.

You may find these links helpful:

• 401(k) Fund Selection Guide
• 401(k) FAQs
• "How to handle $"

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I normally keep a small amount of savings in my main bank with my checking to cover overdraft or additional bills, and I transfer the rest to a HYSA for my emergency fund so I feel like I'm poorer than I am. I use Discover HYSA and they are really user friendly. Use Nerdwallet to research to find your best account for your situation. They have great detailed breakdowns of HYSA fine print including fees, minimums, and customer reviews. Once you set up a new account I strongly suggest having a portion of your paycheck DD or autodeduct from you checking to continue to build savings.

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The January 2023 estimated tax payment is for the 4th quarter of 2022.