Personal Finance UPDATE: Spectrum "Lost" My Returned Router |
- UPDATE: Spectrum "Lost" My Returned Router
- Awesome job, no benefits. Would like to change that.
- Would you guys recommend the stash app for investing if you’re just starting out and don’t have a lot of money?
- Company changing vacation policy
- 2% return on ~$500k trust last year - is this normal?
- Do I quit my dream dead end job?
- Buy smaller house and save the difference?
- Neighbour scratched my car, Offering cash over insurance claim.
- Starting my life over @ 39. Just got 401k paperwork from work... what do I do?
- Oral Surgeon Billing 36 Months Post-Procedure
- Going to have an extra $3000/mo. Do I save it or invest? I work off of 1099s and will have hefty taxes.
- I need serious help. I feel like my future is over at 25. I could use some advice on what would be the best course of action.
- Options for $1600 Hilton Hotel Overcharge. 1 year later and still trying to get reimbursement.
- Diagnosed with stage 4 colon cancer, not sure what to do with my student loans
- Wife laid off days after we found out she's pregnant (Advice)
- Recently Married - Wife behind on student debt
- Make extra mortgage payments even if you're not planning on living in the house before it's paid off?
- Hit a very expensive car. Owner asks for $2000 cash in 24h
- Transferring balances for 0% APR? Downside?
- I got a tax Form 14950 in the mail and I don't know what I need to do to make it right.
- What's the point of an HSA if there's no employer contributions? Please help this health insurance noob.
- Switch insurance and save $350?
- You can't take loans out against your 401k if you've moved on from that employer
- Is refinancing a federal student loan a good idea?
| UPDATE: Spectrum "Lost" My Returned Router Posted: 05 Jun 2018 01:29 PM PDT I made this post last week about my experience attempting to return a router to Spectrum, which was similar to experiences others had detailed in this other post from several months ago. The TL;DR of the original post is that I returned my router to Spectrum in their box with a pre-paid mailing label they sent me, and then they charged me for it anyway and wouldn't cooperate with me with respect to getting it tracked down even though I called multiple times. I eventually paid the charge because I didn't want it sent to collections. However, on the same day I paid (and posted) I also filed complaints with the FCC and the FTC about their business practices. That seemed to light a fire under their ass, because several days later, I received a phone call from Spectrum informing me that my issue had been forwarded to their research dept and that they were working on it. They proceeded to call me every day thereafter to give me updates, and this morning I got a call informing me that they had the tracking number of the label they sent, that their research showed that it had indeed been mailed when I said I had mailed it (shocking!), and that they would be refunding my payment for the router today. I just wanted to give an update about this so that others know that if you cannot get satisfaction from the low-level reps at the cable companies, filing a federal-level complaint may get some actual traction going on your problem. 10/10 would take on Big Cable again anytime. EDITED TO ADD: Several people asked how Spectrum knew I filed complaints against them. Several days after I filed I got an email from the FCC notifying me that they had served the complaint against Spectrum, and that the company had 30 days to respond. The next business day (and every day thereafter) I got a very polite call from a Spectrum rep informing me that they were working on resolving my issue. The difference in how they treated me before and after filing that complaint was like night and day (they actually seemed to give a damn post-complaint). Here are links to file complaints with the FCC and the FTC: [link] [comments]  |
| Awesome job, no benefits. Would like to change that. Posted: 05 Jun 2018 06:49 AM PDT I'm 31, and have been at my current job for 8 years, working in a unique field at a small company (25ish employees) as an engineer who really can do almost everything at the company. I've got an excellent relationship with my boss (the owner), and have a decent amount of pull when it comes to making decisions about products we work on. It's a fun job, but being such a small company we don't get much for benefits. Really the biggest benefit is a flexible schedule, I can pretty much come and go as I please. That's HUGE for me since I've got two young kids, and my wife doesn't have a flexible schedule at all. It'll also be a giant benefit when we move back to my parent's farm later this summer. There's no insurance or retirement plans here, but I'm due for a review in the next couple months and would like to push my boss to put money into a retirement account for me. How do I approach him about something like that, and what kind of options are there for something like that? edit: I should point out that I get dental and health insurance through my wife's work. [link] [comments]  |
| Posted: 05 Jun 2018 07:42 AM PDT |
| Company changing vacation policy Posted: 05 Jun 2018 07:43 AM PDT My company is changing from earned and accrued vacation to a flexible vacation policy on 7/1/2018. As of that date, you have no more vacation bank and you are allowed to take unlimited vacation. As of 6/30/2018, I will have 132 hours of vacation in my bank. Half of which was a carry over from 2017. I live in Illinois and my company is headquartered in NY. Does the company owe me my banked vacation in payout form? I have asked HR and as of this morning, they state they don't how state law applies to our policy. [link] [comments]  |
| 2% return on ~$500k trust last year - is this normal? Posted: 05 Jun 2018 06:24 AM PDT Posting from a throwaway because, well... it's awkward. I found out a couple years ago that my (then fiancee, now) wife has a substantial trust in her name that she gains access to when she turns a certain age. I was uncomfortable about this, and didn't ask many questions, because I didn't want money to be a factor in our relationship - I love her for her and for us - so I acknowledged it and then didn't talk about it again until 8 years later, once we were married. We're very ok with our day-to-day money, both fulltime employed, no debt, everything running smoothly and both of us know where our money comes from, how much we have, and where it goes - and we make those decisions together, so things are ok there. It's this trust that is still wonky and outstanding that we need some help on - and while we're looking for a fiduciary flat fee financial adviser right now, I wanted to ask about the current situation here just to start to get a handle on it. This was money left to her by a relative that no-one liked, and she's the last remaining survivor. She's been very uninvolved in it (to the point that she didn't even know how much was there until a month ago - she just knew it was 'a lot') - and because she couldn't have access to it until a couple years from now, hadn't done anything except stick the portfolio reports in a drawer when they showed up. I'm uncomfortable with how little she and I know about the situation - tax implications, how it's being handled, what the portfolio breakdown is - and so I asked for the reports so that we could look over them and take them to an adviser. It's about $500k, and while I don't have the exact breakdown (and I would rather have a fiduciary looking at them than internet strangers, no offense internet strangers) - the one thing that stuck out was there was a net gain of $9k last year, or about 2%. That seems very low to me, knowing that the market had a record year, and that my 401k did about 12%, but is that normal for this type of account - a managed trust? Just to know for peace of mind now while we're still looking for someone to do a comprehensive review - is she being taken to the cleaners with a poorly managed account, or are they doing the right thing by making sure that her initial capital is being maintained? TL;DR Wife never paid attention to a managed trust that she doesn't have access to, we finally looked at it and she's got a 2% return on $500k account - is that normal? EDIT: Thanks for all the information everybody - I feel a lot better about this. To sum up though, we're actively looking for somebody qualified with a fiduciary responsibility and that we feel comfortable with (we've had three interviews already), she has ZERO CONTROL over this for another couple years, and r/personalfinance is a super great community. Much gratitude to everybody. [link] [comments]  |
| Do I quit my dream dead end job? Posted: 05 Jun 2018 12:50 AM PDT So I am a game ranger in South Africa. Currently earning around 12k usd PA (not bad for someone my age, 24). Now my problem is that all my education and skills have been developed in a field that will have very little relevance in a "normal" job. "Do you know how to use Excell?" "I know the basics, but I have advanced rifle handling and am licensed to walk guests in a reserve with free roaming big 5." Now my question is. Do I leave my current job which allows me minimal opertunities to grow or increase my income in the long run? There are other things that I really want. With my working hours and the fact that I'm on site for 6 weeks straight means I cannot even look at relationships. I cannot have a dog (honestly bothers me more than being single). I cannot spend time with friends and family. It's near impossible to study part time due to the hours that I work. There are a couple of things that are keeping me here. The money is decent (with my current expenses), taking into account that they supply me with on site accommodation, food and the basic necessities. But the main thing is that I absolutely LOVE what I do. I cannot imagine myself doing anything else. Any advice? [link] [comments]  |
| Buy smaller house and save the difference? Posted: 05 Jun 2018 08:18 AM PDT I am going to be a first time homebuyer. I'm torn between getting a nice home with a nicer mortgage or a small home with a small mortgage. My husband and I have a combined income of $120k/year. The house would be for us and my two kids. A smaller home (townhouse) would end up being around $1,000/month mortgage. A larger home would be around $2,000/month. 30 year mortgage at an estimated 3.5-4% interest rate. I love the idea of having a comfortable sized home to relax in but I'm also in love with the idea of saving money for later. Which is a better option in the long run? Saving an extra $1,000 a month or investing in a larger home? The house market is pretty stable in my area at the moment. But who knows what the future will hold. Edit: thank you all so much for your input and advice! My husband and I have a lot to think about and will definitely be adding some of these into our discussion. FYI- this is why I love reddit :) [link] [comments]  |
| Neighbour scratched my car, Offering cash over insurance claim. Posted: 05 Jun 2018 05:55 AM PDT Hi everyone, Long time lurker first-time poster. The story is simple; Neighbour has scratched my car with his. After making contact, he came to my apartment to nervously offer cash instead of making a claim. I have considered all options, their pros, and their cons. 1. I go through insurance, get the claim, get it fixed( Don't know how much I'll get. 2. Take his so far, unspecified cash payment. 3. Get a quote, give him the quote, take cash, repair it myself for significantly cheaper. I've had an afternoon on a crash course on insurance. I understand his incentive for offering cash. I'll attempt to attach a picture for reference. Basically, I just want opinions on which route to take. Do I sacrifice safety (insurance) for the possibility of more money (cash + DIY)? Update 1: I've decided to get a few quotes from repair shops. I've also received another interesting message from him. " You can use a paint touch up yourself and keep the rest of the money yourself, from what I pay. Anyhow I am obligated to pay you or to the insurance. If you get it cheaper and keep the money, I am fine with that. Wow. he's a stand-up guy. Update 2: spent the morning, driving around getting quotes. $500-700. I let him know the price range. Still wants to do cash. I told him I'd feel better if he transfered the money first before I go and get it fixed. He left with saying he can pay the $500. I want $50 extra for my trouble. Is this bad? Also, my car got broken into this morning. GPS gone. Ransacked. Am I reddit famous? [link] [comments]  |
| Starting my life over @ 39. Just got 401k paperwork from work... what do I do? Posted: 05 Jun 2018 04:50 AM PDT I had a few years of total upheaval and got totally wiped out. I've been busting my butt and finally got a good job, but I'm starting over with literally close to $0. I don't make a lot in salary -- just $40k. But I get quarterly commissions and they can range from anywhere from $5k to $50k. Almost everyone here is making pretty well into six figures ($150k-$250k; it probably takes 2 years to get to that level). I've been here 6 months and just got the 401k paperwork from the head office. It's with Fidelity. Never had a 401k before. What do I do? Is it worth it to start a 401k at 39 years old? I've heard you can use your 401k to invest in physical real estate -- good idea? I feel like it's free money, but I also feel like I'm too old to compound the principle enough and should use the $ to do something with more upside/risk to make up for lost time. Any advice or insight is very much appreciated, thank you. [link] [comments]  |
| Oral Surgeon Billing 36 Months Post-Procedure Posted: 05 Jun 2018 06:18 PM PDT I will do my best to keep it brief while getting all the details in order.; my apologies for the length. I am in Maryland, if that matters. In June 2015 I had an oral surgery to remove and biopsy a growth on my tongue. The oral surgeon performed the procedure at my normal dentist's office. They are not technically the same office; according to my DDS, the oral surgeon works on her patients once a month out of her office and "we don't even use the same billing system." Last week, I went to get my bi-annual cleaning at my DDS' office. As I was leaving, she stopped me to give me three statements from the oral surgeon's office. They were marked return-to-sender with the dates 4/2018, 4/2018, and 5/2018 (I don't have the envelopes in front of me). The statements were for $410.00 but had no information that is typically on a statement (procedure, date of service, etc) they only said "balance forward." I called the surgeon's office and spoke to the billing specialist. I requested a legitimate-looking billing statement because I'm not about to just pay some random amount without ensuring it's correct. During the course of the call, she stated the following (some of these are obvious responses to my questions). I am including these parts because they seem very...odd?:
It was very strange. I'm not sure if she's new or something, but she seemed really uncomfortable. I'm not trying to be accusatory; she was very kind. The lab where my biopsy was performed was paid as they submitted their claim within the time limit. If I wasn't covered, why were they paid? Edit: I know this because I called Teamcare BCBS to inquire about the claim/claims during that month. The insurance rep. said there was no claim from the oral surgeon in 2015. I asked that oral surgeon's billing rep send me an actual statement so I could submit it to BCBS myself. She told me they'd probably deny it due to timely filing (they did). However, the EOB Teamcare BCBS sent me states that the process date was 11/15/2017 (service date 6/15/2015). There is a note that says "Denied per Plan Section 11.03: Claims must be filed within one (1) year from the date of service." I assume this means the oral surgeon never actually submitted the claim until 2017, and that is why they were told I wasn't insured with BCBP any longer? One thing of note, because I know this isn't uncommon, but I am not sure how this works. The claim form sent to me by the oral surgeon's office lists the oral surgeon under "signature of physician" but lists my normal DDS under "billing provider info." FWIW, my DDS was and is in the provider network for BCBS. I will have to check to see if the oral surgeon is/was. I did have a PPO with out-of-network bennies, though. :( Anyway what are your thoughts? I am sure I will be on the hook for the payment, unfortunately, but I feel pretty miffed that this simply wasn't my error. I'm not trying to get out of paying it, but surely they should at least allow me to pay Reasonable and Customary since this is their error? What would you do? [link] [comments]  |
| Posted: 05 Jun 2018 03:33 PM PDT Hello! A little more detail about the post above: I signed a new contract for work and will be making an additional $3000 a month that I can do whatever with, as all my other bills are already covered. I was wondering if investing it or saving it would be the best choice because I work off of 1099s and a large percentage of my income goes to taxes. If investing, is it better to play with stocks or bonds? I will have this contract for 16 months so I really want to make the best of this additional income and try and generate some sort of nest egg while also picking the right choices for my taxes (I think you get taxed less on investments?) [link] [comments]  |
| Posted: 05 Jun 2018 04:42 PM PDT I'll start from the beginning. Me and my mother grew up extremely poor. I was eating old chicken sandwiches out of the school dumpster for dinner. When I turned 18 my mom told me to get credit cards to help pay for food and bills since she couldn't get them from filing bankruptcy. I got 7 credit cards over the course of a year and everything was fine for a few months barely paying them off. Then everything went down the drain. We couldnt make the payments on the cards. Eventually all of them went to collection and my credit is absolutely destroyed. She is on disability(which doesn't even cover rent) and I'm working a dead end job. Im 25 now and I'm very worried about my future. She recently gave me an ultimatum when I asked if there was a way I can save money for myself. She told me I have two choices. Either continue to give her literally every penny from my paychecks or I'm kicked out. I dont know what to do. I'm around $5,000 in debt now and I dont have anywhere else to go. I cannot afford to live on my own and even if I could I dont have any savings. Ive tried applying for loans and payday loans and have been denied for every one due to credit even though some of these lenders say "no credit needed." I really need advice. I need a way to get money to pay what I owe and I need advice on what to do with my living situation. Thank you all in advance. [link] [comments]  |
| Options for $1600 Hilton Hotel Overcharge. 1 year later and still trying to get reimbursement. Posted: 05 Jun 2018 12:20 PM PDT First off. Thank you all for the help you provide this sub. I read daily and still a novice when it comes to finances and this has helped a lot with getting me on the right tracks in life. TL;DR - I stayed at Hilton Garden Inn. Got overcharged $1634 for coworker's rooms. I have email records, statements dating back 1 year trying to resolve the issue and proving I was overcharged. I was "roped" along by hotel managers for too long and when I finally was fed up I contacted my bank and they said it's been too long to get refund from bank. Here is the whole story... It's nearing over a year ago (June 2017) when I went on a business trip and stayed at a Hilton Garden Inn. I went with 20 other work employees (I'm active duty military) and was incharge of setting up logistics (schedule meetings and setup transportation and lodging). I only stayed for the first few days to make sure everything was setup and no issues. I reserved all the rooms, but I had to put my work credit card on file. 1 month later, I was reviewing my work card statements and noticed an over charge of around $1000K. I found out later that there was actually over $1600 worth of overcharges that was billed to me for my coworker's rooms. What sucks is that these members got reimbursed for rooms that they did not pay for by my company (military) and I was out $1600. Once I noticed the charges, I contacted the hotel manager and he said he would work the issue (I have this all in email). I also verbally talked to our finance manager and he said there isn't anything he can do once the vouchers have been paid. The part that really started to suck was the Hotel managers were not very responsive and I have emails of me reaching out to them about 1-2 times a month asking for an update. In November 2017, I gave up on the hotel managers and contacted my work credit card company to see if they could help (Citi bank) and was told it has been too long and to engage with either the Hotel or legal. I contacted my company's legal office and they advised me that there is nothing they could do and I can only hope the Hotel pays me. I spent the next 2 months calling and emailing the help desk and hotel managers and in February 2018 I finally got a hold of the Senior Manager and was assigned a case number. However, in mid conversation the phone dropped (due to me being overseas on a short deployment). I called back immediately (no more than 2 minutes passed), but the Sr Manager had already stepped out. I left a message, but did not hear back. I called several more times over the next 2-3 months to only get front desk and "all managers are off-site, but I'll have them call you". I recently returned and called again and got the same story. This gives me anxiety each time I think about it and keeps me up at night. I have credit card statements and my checkout receipt. I don't have the receipts for when they charged my coworkers with my credit card, but you can easily see that I was charged multiple times throughout the week and after I checked out. What options can I pursue or is it too late? Can I take them to small claims court and would I have to pay out of pocket for a lawyer? Thank you all again for the help in advance. [link] [comments]  |
| Diagnosed with stage 4 colon cancer, not sure what to do with my student loans Posted: 05 Jun 2018 05:31 PM PDT Hi all, to cut to the chase, I was diagnosed with stage 4 colon cancer at the end of February and given "2 to 3" years to live with treatment. My original goal was to pay off my student loans quickly with overpayments but now why should I bother? I'm just paying the minimum now. What would you do in my situation? $35k at 5% variable if that matters [link] [comments]  |
| Wife laid off days after we found out she's pregnant (Advice) Posted: 05 Jun 2018 03:04 PM PDT My wife's employer actually made her write a job description for a role that she'd like to do in the company, and then today called her into a meeting and told her she's being laid off. She suspects they're now going to just use that job description to hire someone else... really slimy. I don't think they've asked her to sign anything yet... they said the'd continue keeping her on payroll for a couple more weeks. The worst is that we just found out she's pregnant (2nd child). She didn't tell anyone at work about the pregnancy. I'm wondering how to be supportive at this time. Financial / job questions: * Should she apply for unemployment now or when they stop paying her? * She's worried about looking for job now that she's pregnant, any advice? * She's also worried that she now won't get any maternity leave in 9 mo even if she joins a new company I'm working full-time and cashflow will likely more than cover all of our monthly expenses right now. I also have a couple years in emergency savings. How can I best be supportive at this time? She's really bummed... she has been looking for jobs (not aggressively) but has been discouraged by having to commute, work long hours while pregnant... I'm not sure what to do. She definitely could take a year off and keep our first kid in daycare, but if I lost my job we wouldn't be able to sustain that. Any advice? [link] [comments]  |
| Recently Married - Wife behind on student debt Posted: 05 Jun 2018 10:44 AM PDT In May I married my wife, we've largely shared finances for a while, and I knew she had Student Loan debt from her time in college but was under the impression it was deferred due to low income. Until this last year she's always made just minimum wage, but for the last several months she's been making more. I don't know the exact amount but her take home pay is roughly ~$600/bi-weekly from a small business so there's no retirement or insurance being withheld. As it turns out she's been contacted now by her student loan provider and they're saying she's behind nearly $1000 in payments and they're threatening to default her. We can easily afford her payments (I'm salaried at $56k/yr), but I can't make the full $1000 payment for the back pay right now, just coming out of a wedding and all. I could probably swing half this month and half next month if I needed to. My plan is to call the company tomorrow with her and see what our options are, but I'm looking for suggestions or advice before I do so. [link] [comments]  |
| Posted: 05 Jun 2018 05:56 PM PDT We're thinking about put more money into our mortgage payment in order to save money on interest. However, we probably won't be in this house past 5-6 years (already one year in). Interest rate is 3.8%. Given this, is it worth it to put more into the mortgage or are we just better off investing it? [link] [comments]  |
| Hit a very expensive car. Owner asks for $2000 cash in 24h Posted: 05 Jun 2018 01:59 PM PDT I'm shaking right now so sorry if this doesn't make total sense. I was driving to work today and my GPS stopped working in a residential neighborhood so I wanted to pullover on the side of the road to reset it. This is Seattle so roads are super narrow and cars are parked in front of houses. I tried to parallel park and I hit someone's car. The owner was literally coming out of her house to the car and saw everything. She got really mad (honestly, I would be pissed too), started yelling and calling me all names in the book. She then called her husband from inside the house and he was even more pissed. They asked me for the insurance policy and said will call the cops asap. The thing is, I just managed to buy this used car (Honda Civic) and I already have two other previous claims on my insurance and my premiums are already super high. So I tried to explain this and try to figure out a way without making a claim on my insurance and the lady said, "sure, bring $2000 cash by tomorrow at noon, we'll sign a paper and we won't file the claim". Obviously, I don't have $2000 and I'm freaking out. They took pictures of my insurance, address, etc. and said they will call the cops at 12:01 tomorrow if I'm not in front of their house with $2000. Needless to say, I fee like I'm fucked. I either pay $2000 or have insurance go up by a lot. I know I'm an idiot but how to fix this? What are my options? Can I take out a loan or something? Thanks for the help. [link] [comments]  |
| Transferring balances for 0% APR? Downside? Posted: 05 Jun 2018 06:21 PM PDT I have about 2 credit cards with ~$6k balances on them. I hadn't been quite as responsible with finances until recently and have been working towards paying them both down. One of the credit card companies has been sending me the option to transfer balances from other lenders with 0% APR for 12 months with a 3% transfer fee ($180). Considering both cards have a fairly high APR (>20%), is there any downside to transferring the balance? Seems like a pretty good option as I work towards getting the balances paid off, but I just want to make sure I'm not overlooking something or making a mistake. Any advice is greatly appreciated! [link] [comments]  |
| I got a tax Form 14950 in the mail and I don't know what I need to do to make it right. Posted: 05 Jun 2018 07:41 PM PDT Hi everyone, I'm a first time poster here, so I hope this sort of question is okay. It didn't seem to violate any of the rules, but if it shouldn't be here let me know. A month or two ago my wife and I received a letter from the IRS requesting we submit our 1095A form, and our 8962 form. We were confused by this, because I had been covered by my parent's insurance, and my wife had received a 1095C form. We also filed through TurboTax, so we weren't sure how we could have missed something. I sent in my parent's 1095A form and my wife's 1095C form, and assumed that would be the end of it. Today, I got another letter from the IRS with a 14950 form, asking for detailed information about our premium tax credit. I called the number on the top of the form, and proceeded to do some research while waiting. My understanding now is that even though I was covered by my parent's insurance, and even though they paid all of the taxes on the insurance, I was still expected to send in a copy of their 1095A form and an 8962 form. Unfortunately, after waiting for two hours, I got no response from the number provided by the IRS, so I'm turning to you all for help. (I plan to call them back, but I'm concerned I won't be able to reach anyone) What do I need to send in to make this right? Do I need to send in my parent's 8962 form? Do I need to fill out my own 8962 form based on their information? If I need to fill out my own 8962 form, do I use my parent's information or mine? Do I need to fill out anything else for my wife's 1095C form? The 14950 form also requests a bunch of clarifying information about my 8962 form. I'm not sure if I need to send in stuff like proof of insurance payments, or if I'm being audited strictly because I failed to send in an 8962 form to begin with. Also, to note, I am not a dependent of my parents. I was just married this past year, so I hadn't yet switched insurance. Sorry for the long post! I know I'm asking a lot of questions, and I'm not sure if anyone has expertise with a situation like this, but I figured I would give it a shot. Thank you for any help/advice you can offer me. [link] [comments]  |
| Posted: 05 Jun 2018 06:04 PM PDT My employer offers an HDHP with HSA. Deductible is $5000, with 100% coinsurance. The premium is $0. What I don't understand is - what's the point of contributing to the HSA? Say I contribute $200, and then spend $200 on health care costs.. isn't that the same thing as just paying $200 out of pocket? I'm not really sure I understand the benefit. [link] [comments]  |
| Switch insurance and save $350? Posted: 05 Jun 2018 07:05 PM PDT I've been accident/violation free for 3.5 years, and my only major violation fell off the 5 year mark last month. However, my car insurance policy premium has stayed about the same over the last couple years, only going down $3 a month for my June-December renewal. Geico refuses to match a competitor's premium (Progressive, $350 less), but they do have the best customer service and they claim that Progressive is only giving me a "new business" rate that will go up after 6 months. Thoughts? I'm thinking I switch to Progressive then come back to Geico if Progressive does indeed raise rates after first 6 months. [link] [comments]  |
| You can't take loans out against your 401k if you've moved on from that employer Posted: 05 Jun 2018 10:54 AM PDT I had thought the only real difference between keeping your old 401k vs initiating a rollover to a new account would be which funds are available to you and how much those funds charge for fees, but as I learned this morning talking to two different old 401k providers, there is at least one other consideration: you need to be actively employed at the company you established your 401k with to be able to take loans out. I did not end up needing it, so I'm fine, but I wanted to at least mention it here in case anyone else was like me, who had always considered the possibility of dipping into the funds if need be. I'll be bringing my funds into my new plan to avoid that issue. As always, not taking a loan against your 401k is the better financial plan if you can manage to avoid it. [link] [comments]  |
| Is refinancing a federal student loan a good idea? Posted: 05 Jun 2018 06:12 PM PDT I owe about $20k to one federal student loan. My monthly payment is $200 per month and the APR is 4.625% (with autopay). I recently bought used car for about $15k (3.3% APR) with a monthly payment of about $300. It got me thinking that I should probably be paying more to my student loan each month. Which got me wondering if I should also look into refinancing for a lower interest rate. If I can actually can get a lower interest rate on a loan, that seems like a no-brainer. I'm concerned I could be missing some kind of consideration with refinancing from a federal loan to a private lender. Any thoughts or experiences with refinancing a student loan? A quick Google search revealed several possible lenders (Lendkey, Sofi, etc...) [link] [comments]  |
| You are subscribed to email updates from Personal Finance. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment