Yeah, not a thing. Make the beneficiary whomever the funds are for

Good for you taking on this class! We need more teachers like this. I am a former financial literacy teacher and found using this site to be the most helpful for all my needs:

https://www.ngpf.org/math/

You will find units, curriculum, projects, assessments, lessons, support groups, and much more for everything you need! I hope that helps.

Not to mention, this is all for free. NFPF is a non-profit organization. They also offer trainings for teachers.

>Job: Public Accounting.

>44k salary after taxes(51k before taxes). Expect to get to 60k within 5 years

If you're in Public, why is your income so low?

Fixing that makes more sense than staying at whatever poorly-paying firm you're at

>Ostensibly

Just the fear of doing something incorrectly and causing me additional tax nightmares.

Time value of money Return on investment (& other metrics)

Have fun with your own cash, not debt.

If they are good, I would let them ride. Increase 401k contributions and use dividends to back fill your checking for take home decrease.

Biggest negative is they charge a slightly higher expense ratio for them doing the work of blending over to bonds over time.

>Many of you said I can roll it over into another 401k to avoid the taxes but how do I do that if the taxes have already been taken out?

You deposit the full amount it should be and claim the withheld taxes on your tax return as a refund

Ostensibly, it would be the person who will use the funds for education.

What is causing you to ask the question?

Alloting some funds for enjoyment and reward for hard work to avoid burnout and keep morale up. Recognizing that caring for ones mental health is part of staying healthy and productive.

They’re not hard. They just take a little more time than a credit card.

The biggest issue with fraudulent debit card charges is the money comes out of your checking account, so you could be without the funds for up to 45 days while the fraud is investigated (Regulation E). With a credit card it’s just a line item on your statement and never touches your actual money. Always good to have a buffer between your method of payment and your bank account if possible.

You may find these links helpful:

• General Information on Rollovers
• 401(k) Fund Selection Guide
• Retirement Accounts
• "How to handle $"

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

> How are "Employment", "Loans", "Starting a Family" and "Stock Market" each a singular topic???? especially when compared to things like "Debit Cards"?

What "Employment" covered:
Classification (W2, 1099, etc.)
Salary vs Hourly
Perks & Benefits (PTO, Retirement match, insurance, etc.)
Considerations (Stability/Raises/etc.)
Salary vs Gross via deductions
Job Stats (median income national/local, most in-demand, etc.)
And more

Also, it is a remedial course, so can't go to extreme & in-depth with many topics (some of these 18yr olds can't even multiply by 10).

If you think the US economy will consistently outperform international markets, then yes. But you’ll lose if the opposite is true.

Personally, I would add some international exposure.

Awesome, I will do that. Sadly a lot of my closest coworkers are the ones leaving, but I have some others that are good people that I can have these discussions with. My best friend is also in an adjacent industry, so I'm going to pick his brain for information.

Honestly, I'm kind of closest with the people above me at this point, so I probably need to start thinking like them in some ways too. That also bodes well for my value and their desire to keep me around. I've only heard positive things from higher ups when things are discussed. I'm definitely trying to keep my sporits up about all this work by looking at it as an opportunity to show off within this company.

It's pretty standard in MA, though often it's more like 3 of 4 for first/last/security/broker fee.

In MA, at least, they technically need to put anything prepaid (security and last month rent) into a savings account and give you the interest. Or a flat 5%/yr if they don't put it in a bank account. I can't say I've really seen the interest but usually it's not enough to bother pushing as long as they give me my full deposit back. Many might not even know they owe this, though some probably just count on tenants not being aware.

Yes the funds are 0 fees and Fidelity loss leaders. They are good options if you plan on keeping your money with Fidelity or for money in retirement accounts (because you can sell and transfer without incurring taxes).

I believe FTIHX is close to FZILX similar to how FSKAX is close to FZROX. With just the two you are diversified across the entire world stock market so they are all you need. Whatever you pick they all have very low fees so you can’t go wrong.

Great question.

Sometimes it's expensive to be frugal. For example, you can buy inexpensive boots and replace them more often or you can spend more and get good quality and replace them less. Also, it takes money to go to the dentist for cleanings and check ups. The trade off is that issues are caught early and cost less to fix. I've heard the saying "stepping over dollars to pick up dimes". I try not to do that.

Get paid the salary those other engineers were getting on top of your salary until they hire more engineers.

I put this is in one of my contracts and was making $16k a week when we had two people leave. HE hired two new employees within 7 weeks.

You need to definitely separate these accounts. This should have been done when you turned 18. You can still help them out but you need separate accounts to save your relationship with them. That's like sharing food, cars, and everything else. You aren't married to them. The only person you should ever share you account with is your spouse.

This is a toxic situation you are in and you need to be separated from this. This seems like your parents have a budgeting issue and spending on lifestyle. You need to set healthy boundaries for yourself and your future family. If you parents show they have better spending habits in the future and you feel led to help them out then do so but from a separate account!

The more serious you can prove your intent of running a business, the better chance the IRS treats it as a business despite lack of profit at start.

IRS - Checklist for starting a business

SBA - 10 steps start your business

Open a new account at a different bank.

As in what is going to matter more to you - an extra $1,800 or waking up knowing that each morning, that dirt under your feet is yours and yours alone and that you're no longer making payments on anything (except to Uncle Sam)

Your parents absolutely should not be on your bank account. To avoid offense you could just open a new account and don’t keep much money in your old one.

Your parents already cross a boundary by taking money before asking. That’s unacceptable. You should have your own bank account whether or not they were doing that though.