Personal Finance Weekend Discussion and Victory Thread for the week of August 30, 2019 |
- Weekend Discussion and Victory Thread for the week of August 30, 2019
- Are "No Haggle" Car Dealerships the new norm?
- How our Emergency Fund has saved us from disaster. (A friendly reminder on why you need one)
- Today I lowered my internet bill from $60 to $30. Do not be afraid to ask.
- does anyone ‘borrow’ money from themselves and add interest payments?
- CPA screwed up, is invoicing me $175 to repair the mistake. Is this normal?
- 26 yrs old, Gaurdian of 17 yr old, just received an inheritance for $35,000 each. I'm freaking out a little bit.
- IRS trying to recoup advance premium tax credit twice!
- Emergency fund vs ... ETFs?
- Have to take a $.50/hr pay cut to go full time
- My significant other bought a new mattress that was financed by the mattress company's bank for 36 months 0% APR. I feel like this is too good to be true/worried about them playing a long-con
- Received 100k as a Gift. Thoughts on Money Market Account?
- Should I move out or stay at home?
- Lost my thumb-drive with a lot personal financial info. How do I protect myself? What's the plan of action?
- After Mother In Law had a stroke, bills went to collections. Want to understand strategies to resolve.
- Should I file for bankruptcy?
- Chase, WF, or Credit Union?
- Buy/lease new car or run current car into the ground?
- Emergency medical air transport cost before and after insurance
- Father keeps asking for money
- saving for retirement
- Does the 20% baseline rule for saving start before or after 401K?
- Is cash kept in Apple Pay insured?
- Understanding the Mega Backdoor Roth and if I can utilize it to hit the $56k limit
| Weekend Discussion and Victory Thread for the week of August 30, 2019 Posted: 30 Aug 2019 02:05 PM PDT If you need help, please check the PF Wiki to see if your question might be answered there.This thread is for personal finance questions, discussions, and sharing your success stories:
A big thank you to the many PFers who take time to answer other people's questions! [link] [comments]  |
| Are "No Haggle" Car Dealerships the new norm? Posted: 30 Aug 2019 07:02 AM PDT Interested in hearing other's experiences. I just bought a used vehicle at a large Ford dealership yesterday. My father bought a used car at a Toyota dealership recently, and had the same experience. Despite my best efforts, they would not budge on the vehicle price. The salesman kept referencing "internet pricing", saying it's already listed at their best price. Now, the price had dropped by $1,000 from when I first saw it last week, but they would not move from that price yesterday. He said the dealership is part of a no-haggle network of dealerships, though it isn't advertised as such. It's been 10 years since I bought a car, so maybe the landscape is changing, but to me, everything is negotiable. I was able to negotiate on my trade-in, and get a deal I was happy with, but I was genuinely surprised they wouldn't budge on the vehicle price. Is "no haggle" or "internet price" just the way dealerships do business now? Edit to Add: Lots of good posts here, seems like there isn't much haggling in the Used car industry anymore. To add some clarity, I had been searching for months, waiting for the right deal for the vehicle I wanted. My out the door price was below the KBB, the dealer is also going to buff out some minor scratches, and they filled the tank (30 gallons). I still got a good deal, I was just surprised that they wouldn't go any lower on the price. In my past experience, there was always room to go down a little bit. [link] [comments]  |
| How our Emergency Fund has saved us from disaster. (A friendly reminder on why you need one) Posted: 30 Aug 2019 02:25 PM PDT I'm going to tell you a little bit of a personal story, because it will illustrate the point, and also a little bit to brag because I'm so proud. ;) - To start, about 1 1/2 years ago I told my husband we had to save up an emergency fund. He didn't see the point. "We have plenty of credit, why do we need an emergency fund?" I insisted, and went full dictator over our finances until we had a full 6 months worth of living expenses saved up. He was not enthused. Until... - Almost a year ago, hubby had an acute infection in a tooth, face blew up in 24 hours. Over the next 48 hours, we went through 2 dentists, 1 root canal, 1 stand-alone emergency room, 1 ambulance ride, 1 hospital admission, and 1 tooth extraction and sinus cavity scraping. Total bills without insurance would have been $20k+. We spent the next 9 months going back and forth with insurance until finally they got it right, and we were responsible for a total of around $5500, which we negotiated down to $3500. Paid in full last month. - 2 months ago I walked away from my job due to severe anxiety attacks and started therapy. So $30k/yr gone, and $500/mo added to our expenses. I'm now about a week away from hunting for a job in my new chosen profession (MUCH less stressful than the previous one). I should be back at around $30k/yr. - 1 month ago hubby's job started a promotion that has cost him about half his typical commission. So, for the past month, we've been bringing in 1/3 of what we were used to. And this promotion is set to last 2 more months. - About a month before I quit, our fully paid-off car broke down, and fixing it would have cost more than it was worth. We decided for the first time to actually have a car payment, which between the payment and insurance, costs us about $325/mo more than our old car. Having dealt with all of this going on the past three months, how are we doing? Just fine. Still no debt other than the car payment. Still have about 4 months worth of living expenses tucked away. And we can pretty reasonably expect that I will be employed again within a month. All of this happening all at once could have destroyed us. But it didn't. Because we had an emergency fund, and we live below our means. I can't imagine what my anxiety would be like if we hadn't been prepared. Emergency funds. They're super important, and you'll never regret having set it up. Don't wait. [link] [comments]  |
| Today I lowered my internet bill from $60 to $30. Do not be afraid to ask. Posted: 30 Aug 2019 06:39 PM PDT I have Xfinity and my last deal expired this month meaning my internet bill (I pay for internet only, no interest whatsoever in voice or TV) went from $39 to $59 (before taxes). Well, today I decided it was too much so I started calling their cancellation department. I spoke with 5 different people, they all tried to either sell me more stuff(TV, premium channels, more speed,etc) or gave me "deals" that would lower my bill like $5. I did not give up, finally spoke with someone willing to help(yes,they all can but some might not want to). The agent was able to get me another 1 year deal for Performance Internet (~ 65 Mbps downloads) for $39. My tactics?
So, here is my advice, do not be afraid to say you are cancelling your service. Be firm and do not let them convince you they can not help, the can. [link] [comments]  |
| does anyone ‘borrow’ money from themselves and add interest payments? Posted: 30 Aug 2019 03:38 PM PDT once money enters my savings account i absolutely hate the idea of taking it out to supplement my monthly expenses in a one off month for being 'irresponsible'. to 'punish' myself i borrow money from my savings and pay myself back with interest included. does anyone else do this? it's a bit weird but it's a way for me to practice discipline. i'm open to any other suggestions [link] [comments]  |
| CPA screwed up, is invoicing me $175 to repair the mistake. Is this normal? Posted: 30 Aug 2019 04:09 PM PDT So my 2017 taxes were odd because I lived in two different states and had two different incomes (both W-2 and 1099). I thought that I would have to owe taxes, but to my surprise my CPA said that I should get a ~$400 return. I paid the $125 to him for the tax preparation service and went on my merry way. A month ago I received a letter from the IRS stating that I owe ~$1500 in taxes from that 2017 return. I brought the letter to the CPA and asked him to check it out. I'm still not 100% sure of exactly what the reason is, but it was an issue with the lifetime learning credits and what applies to that. In short, I believe that my CPA screwed up when the taxes were prepared initially. We amended the return and we calculated that I only owe ~$1000, but my CPA also sent me an invoice for $175 for the re-preparation. I feel like I should tell him that I shouldn't be paying him for fixing his mistake, but I don't want to seem out of line. What should I do? I'm okay with paying the taxes since I actually do owe them. I think that is all the relevant information you need, but if you need more, ask away. Thanks PF [link] [comments]  |
| Posted: 30 Aug 2019 11:20 AM PDT We are from a very poor background though my current debt is only about $3,000 and mostly medical. He is preparing for a prestigious college that he can get in for free. This is life changing for us and I don't want to mess it up, especially not for him. Any advice would be so helpful. [link] [comments]  |
| IRS trying to recoup advance premium tax credit twice! Posted: 30 Aug 2019 04:13 PM PDT My parents are separated but still legally married. In 2018, my dad turned 65 and became eligible for Medicare, but he had gap of 3 months between that and the end of his COBRA coverage. He went on the marketplace and got a plan an collected a total of about $2900 in advance premium tax credits. Fast forward to early 2019, Dad asks me to help file his taxes. We go through I tell him he would've gotten about $2500 back, but he's not eligible for the premium tax credits if he's married-filing-separately. We run the figures on a joint return and they make just over 400% the poverty level, so they don't qualify together either. It also looks like the repayments are capped at $2600 if he files separately, while they're not capped if they file jointly. He proceeds with a married filing separate return instead of asking Mom to do an amended joint return. Mom has already filed her return at this point and was expecting about $2000 back. Before dad files she gets a letter from the IRS saying she needs to file form 8962 because of the tax credits that Dad got. We've got Dad's prepared, but not filed yet. I send her a copy of his 8962 and she writes back to the IRS that says he'll take care of the repayment when he files his return, but here's his 8962 that he will file for reference. Dad files his returns and has a to pay a small amount with the $2600 premium repayment factored in. Mom never receives her refund. She later gets a letter saying she has to repay the tax credits Dad got that he wasn't entitled to, even though that was covered on his return. The IRS tells Mom she owes $600 instead of being due a refund of $2000. I don't know all the details of her contact with the IRS, but she says she went to H&R block and had someone there call the IRS with her. The IRS doesn't seem to want to acknowledge that Dad actually repaid the premium tax credit when he did his return. It seems like they're interpreting her sending in a copy of Dad's 8962 as Mom saying that she will repay it. Today she sent me a message saying she finally got a reply from the IRS and they're still saying she has to pay $600. Is there any way she can get this fixed? How should she proceed? [link] [comments]  |
| Posted: 30 Aug 2019 07:49 PM PDT I would like to hear opinions regarding this: what if I don't have an emergency fund, but rather invest available cash into ETFs account. In case of emergency I will be able to easily withdraw the required amount from ETFs account without any penalties. The only drawback I can see is that the market can be on the low side in which case my unrealized loss will become realized. On the bright side if there is no emergency - the money will be in the market all the time. [link] [comments]  |
| Have to take a $.50/hr pay cut to go full time Posted: 30 Aug 2019 10:40 AM PDT I work in a call center in Idaho, US. Currently make ~$12/hr working part time, 29 hours per week. I've been here for five years and my youngest is heading into Kindergarten so I think it's time to go full time. So I contact my manager about it and she puts me on the waiting list for full time and informs me that I'd take a $.50/hr pay cut in order to go full time. I said that's fine, put me on the list anyway. I did the math and I still make more total, so I probably will still go full time but it feels like such a slap in the face. It's like they're saying 'Thanks for deciding to sacrifice more of your time for the company. We'd like you to know that your time is now worth less to us.' Does anyone else have experience with something like this? Is this common? Thanks [link] [comments]  |
| Posted: 30 Aug 2019 04:59 PM PDT My sig. other told me there was lots of back and forth between the mattress salesman and the bank, with the final result being "alright I got you a good deal: 36 months 0 APR" and supposedly the last payment is before the end of the finance term, but I still feel like what incentive does the bank have to offer a 36 month free loan? It was technically a credit card I believe, but they have not used it at all. Maybe that was what the bank had hoped for to make money? I looked over the contract and it appears that everything looks OK, but knowing how people get duped with deferred interest, I want to prevent that for them. Hypothetically, what if the final payment due date occurred 1-2 weeks after the 36 months and deferred interest appeared? I told them to try to pay off everything 3-4 months before the deadline to ensure no goofy extra costs. Thank you for any insight! [link] [comments]  |
| Received 100k as a Gift. Thoughts on Money Market Account? Posted: 30 Aug 2019 08:09 PM PDT Hi all, I'm a little confused on if a money market account is the best option for my to put away this money I just received as a gift. -No credit card debt -No student loans -have about 70k in savings -I'm guessing about 14k in 401k (yeah it's been awhile since i checked) -currently renting, but would like to purchase a home in next 2-3 years Would love thoughts on next course of action and if a money market account is smart. Thank you! Edit: format is bullshit due to typing this on mobile. [link] [comments]  |
| Should I move out or stay at home? Posted: 30 Aug 2019 03:45 PM PDT Just started my full time job, I'm a 26 yr old guy just beginning his career. I'll be making 90k after tax about 66500, however, I have about 52k in student loans. I am planning to pay those off in about 4 years. This is what my predicted monthly budget looks like so far. In spending I have about $400 for auto, $1321 for student loans, $500 for food and entertainment, $1300 towards rent, and $300 for vacation. Income: $5,523 Spending: -$3,821 Left over: $1,702 Now as I've mentioned I just started working so many of my friends have been in their respective fields for a couple of years and have had a head start on me. I feel like I need to save up fast or else I'll fall behind, maybe it's the wrong mentality. Currently I'm living with my parents so rent cost is $0. But if I move to the city where my work is, it will be about 1300-1600 as shown above. Additionally, I will be in a city so I might not need a car since public transportation is quite accessible and fast. That left over is about 20k in savings a year, I was wondering if I should stay at home or move out? And if anyone has any other suggestions of how I should go about this please let me know. There's an uncertain 10% yearly bonus on my salary that my manager said usually pays out every year, but I havent included it because it may not happen, so I'm going with the worst case. I have also been considering getting a part time job for the evenings, because I really want to maximize my earnings at the moment. Any suggestions here, has anyone worked full-time and part-time together? [link] [comments]  |
| Posted: 30 Aug 2019 01:48 PM PDT On this Thumb-drive, I had a copy of my
...I was applying for some city benefits and needed some printouts of the above information. Around that time I got a call from my doctor that I need to come in because my cancer test results are in and it's better if we talk about them in person. My mind went blank and I don't remember much. I have PTSD from a tour in Afghanistan, TBI (Traumatic Brain Injury) and some physical injuries from a couple of IED blasts. So I think I disassociated (it happens with stress) for a bit and left the thumb drive since a good chunk of my day is fuzzy. Hours later I was recollecting what happened, and I realized I couldn't find the drive. They don't have it either, I checked. Now I have to keep this from exploding in my face. What are the steps I need to take? What do I do? It's that type of a day today. [link] [comments]  |
| Posted: 30 Aug 2019 10:14 AM PDT TL/DR1: Mother in Law (MIL) had stroke last October. Sister in Law (SIL), who was assigned Power of Attorney, was depressed and stopped paying most of her mom's bills. Many if not all services, subscriptions, recovery bills are in collections. I am unsure what to do about what strategy should be used for handling the debt/stuff in collections and would appreciate advice (have MIL go to bankruptcy vs. call each one and haggle with them to get reduced etc.) TL/DR2: Don't ever ignore a problem. If you think a family member will be a problem, investigate. Otherwise their problems will probably end up being your problems. IntroI have a few questions on how to proceed on handling issues with Mother in Law's finances. In short she had a stroke and my sister in law that lived with her took over Power of Attorney and stopped handling bills without my wife or I knowing until months later. I'd like to just focus on my mother in law in this thread. Only after typing up most of this did I realize I should have first looked through the wiki pages on the areas I'm not familiar with. I'm going to go through that and add/check off stuff on here as I find them. In the mean time, I need to put this out there so i can potentially get some high level advice on overall strategy to tackle this before I allow myself to leave my SIL's and return home. Backstory up until nowIn October 2018, my Mother In Law had her third stroke. She was (and still is) retired, very sedentary, and was not eating healthily etc. We found out she was diabetic (not surprised but won't go into that here). Before the stroke happened, there was talks of getting her to an Independent Living place. Now that the stroke happened and it was clear she couldn't take care of herself (her apartment had stairs and she would not be able to get up/down them, she needed help bathing and going to the restroom etc.). Over the next few months, my wife and I drove down to help out with things that we could (9 hour drive typically each way - closest airport was 2 hours away from MIL). My wife did most of the research into finding an Assisted Living place. We were trying to do what we could remotely and remove as much burden from SIL as possible. SIL works in retail with low income, was living with her mom, in her mid 30s who we've been concerned with getting her career and life going before this all happened. We did not want this thing to set her back and have another reason why she couldn't get her stuff together. We've previously already been concerned that some day she might need help and we'd rather try to get her to get her stuff together now before she's a bigger problem for us later. When MIL was moved into the Assisted living place, SIL couldn't find or schedule or find someone to help with moving her mom's furniture in and MIL was in one of the temporary units. My wife and I remotely contacted people, setup times, and hired help to get this done so we could move onto other problems. After that was resolved, we looked at overall budgeting but we didn't have access to MIL's banking accounts. We had a rough estimate of what finances/money she had and how much the Assisted Living Place was. We determined that the largest offenders in terms of unnecessary cost were her Car and a Storage unit she had been paying $150 a month for 10 years or so. We tried to get SIL to go and clear out the storage unit while we figure out options for the Car. Neither of that happened, so my wife and I drove down to PA in February of 2019 to resolve what we considered emergency issues. We both took off of work and/or worked remotely while helping out. FebruaryWe got down here, and since the Car and Storage unit were hemorrhaging money and we had other problems to solve. I went to the storage unit to clear it out. I opened the storage unit up and bags of recycle/trash fell out from the front. She was using the storage unit to dump trash? Paying $150 a month for trash? Most of the storage unit was old moldy, As Seen on TV bulls. We salved a few boxes of Taxes and other family photos that looked important. Got the stuff out of there and then closed account and/or paid someone to have the rest of it trashed. Rough estimate for this was $15,000 that she would have had in her account if she didn't keep delaying/kicking the can down the road). Second We sold the car to a dealer after shopping around etc- we got $12,000 for it - when she owed $11,000 on the loan. We did NOT have time to find private seller or go through process of listing on craigslist etc. We lived 9 hours a way and don't have time to help with SIL. After looking through her trade in value, money spent on the vehicle I had estimated she had spent maybe ~ $28,000 after insurance, extra dumb warranties, interest etc. - Drove it 7,500 miles. Car value when she bought it new was ~$23-24k if I recall. The thing that pissed me off about this: she paid off her old car, had < 50k miles on it and... somehow felt the money burning in her pocket and decided to buy a new car - she was retired. She didn't even have anywhere she needed to drive. After handling those two issues, my wife and I drove back home. Time between February - AugustAfter handling the car and storage unit, I was pressuring my wife to get bank/statements info from sister in law. Sister in law was not being responsive. We were also trying to get her to update calendar so we could schedule once a week meetings. We knew she had some credit cards with value on them, and my MIL could have them payed off with what she had in her bank account. Sister in law said "ok" and "I'll handle it" so we figured she did what we said as we originally split up the car/storage unit etc and bills this way. Over time most of the calls etc. came down to how MIL's health was doing. Making sure she was drinking water (she doesn't like water, apparently this soda stuff is great, even if it is poison /s), making sure sister in laws weren't bringing snacks. Making sure MIL was eating meals etc... in short this was taking up 100% of conversations because progress wasn't looking good health wise. August - Finding out what the current situation wasWife and I drove down to sister in law's last Friday so we could take MIL out for her birthday on Saturday. Our plan was to stay until Tuesday in case we needed to help out with other stuff if need be, visit with my mom etc. On Monday, I noticed a bag full of unopened mail, I looked at a few pieces to see many of them were sent to MIL and many looked like bills. I mentioned that to my wife we need to go through this stuff and make sure everything was good. Monday evening after my wife, SIL and I were done with work we started going through stuff. We started to realize credit cards weren't paid off, hospital bills weren't paid off, magazines weren't paid off... every stupid thing that my MIL was subscribed too wasn't canceled and/or payed off... we started organizing piles and piles of stuff. Then we started noticing that many things were in collections... I've only heard stuff on reddit about collections. I've been on /r/personalfinance for years and got my stuff out of debt (mostly student etc.) but it was a long and hard process of fixing myself and my habits.... Now we're looking at all of this stuff all at once and purely trying to figure out what the real situation was.... Turns out, as far as I understand. My sister in law did not pay off any of the existing accounts my MIL had. We asked why she didn't warn us or at least see what was going on account wise with the bank statements because we know that the initial budget we talked about between choosing different Assisted Living Places was an estimate. Without real numbers nothing matters unless you have accurate data. Turns out she never logged into the bank accounts. She tried while we were down here and was locked out, called, and they informed her she had to fax over power of attorney and other stuff. We might not have access to her primary bank account for a week. Basically we didn't even have up to date information because the statements we had were a month old. We looked at the bank statement and noticed that the Assisted Living place was getting their money. We also noticed that... within 30 days, they would attempt to withdrawal their amount before SS and pension pay in and the account would go negative because the amounts coming out of it had exceeded her income. How did that happen? Turns out Sister in Law has been paying her own rent ($1040) with her mother in law's account. She's also been paying the internet bill ($330), and their shared cell bill ($225). This was mainly because these bills were previously set to auto pay for the most part and/or MIL's bank was the one on file. SIL never switched stuff over. Basically as far as I understand, SIL was paying off rent, utilities, and enough to not have her electric and utilities off and of course not having her phone and internet shut off, but ignoring everything else. There was some other vitamin MLM bull that was being charged about $120 a month on the account. I figured to immediately make sure that NOTHING touches this account other than her income, and her current assisted living place. Current planMy wife and I are staying down here probably over labor day weekend working remotely during day and figuring out as many action items that need to be done while we are down here before heading home. Currently they are:
When we get back home:
If you read this far thanks...I figure this is both asking for help for me, and as a story for others to learn from and consider what questions people should be asking about family members. [link] [comments]  |
| Posted: 30 Aug 2019 04:32 PM PDT Hi everyone! Im 24 years old, a student at ECPI, and recently unemployed. I have recently found myself backed into a corner. When I was about 21, I was in a relationship with a mother of two. She didn't have a job the entirety of our relationship or a car. Being the person I am, I had NO issue picking up the slack and eventually picked up a part time serving job to help out. Along with a personal loan at a point because I had used up all my resources and I wasn't going to let them starve under any circumstances. We eventually moved in together. After furnishing the house, feeding and housing them for a year, she decides to cheat while I'm at work. Her 3 year old daughter snitched on her. I'm not sure if y'all have noticed but kids love YouTube now a days, one day she is watching YouTube and a nude pops up from a text message. Being a kid, she sees something pop up and clicks it, confused, she brings it to me and I lose my absolute shit. Following this, I became mentally unstable, lost my job, moved back in with parents and had to attend therapy M-F. Mind you, my bills kept coming while living with parents unemployed. I decided to not swallow my pride and instead take out two more loans to afford gas and to pay off a chunk of my now negative bank balance. Fast forward 2 years and I was thinking, why am I in debt, why do I even have loans? I was able to pinpoint it down to the day I decided I need a loan and later I remembered all of the above. I guess I had just suppressed it for so long that it took a minute to remember. I recently quit my job because I have been experiencing severe and constant chest pains accompanied by low blood pressure. I am currently seeing a cardiologist to help track down the problem and have a CTA scan scheduled for Friday. I do not feel fit to work full time until I have a diagnosis. That way I can have a clear understanding of what I can and can't do. I could just say fuck it and work full time again but I'm afraid it would kill me or make my health worse. My bills continue to come in and I have no idea what to do. Here is a list of my creditors. All have been contacted and none offer hardship forgiveness. They basically just said well damn that sucks, if you don't it it'll go to collections: CashNetUSA (1300) SpeedyCash (500) Moneylion (350) Net credit (1200) I'm afraid if I can't make my payments, I will soon have a negative account balance in the 1000s and will have to drop out of school. I spoke with my parents and they offered to let me move in but can not be of financial assistance. I'm scared and need some advice. Anything helps! [link] [comments]  |
| Posted: 30 Aug 2019 08:08 PM PDT I have checking, savings and Credit Cards in both WF and Chase. I've been thinking about just staying with one entity (to make things easier, I guess) but I don't really know which one I should choose. I've been doing some research and found out that a lot of people recommend Credit Unions instead, so my questions are: 1) Should I leave WF and Chase and consolidate with a Credit Union? I have NO outstanding balance on my CC 2) Between WF and Chase, which one is better? 3) Any other bank? [link] [comments]  |
| Buy/lease new car or run current car into the ground? Posted: 30 Aug 2019 06:53 AM PDT I have a 2013 Hyundai Sonata with about 152,000 miles on it. The car is in pretty solid condition and has served me well for years. I recently replaced all four tires which cost me about $800. The steering coupler is also damaged and I will likely need to get it replaced in the next month. Looking at estimates online I can probably get around $2,000 for it give or take, but possibly more if I trade it in. I currently have no debt, I've paid off all my student loans and my credit cards every month. The issue is I only earn about $32,200 a year after taxes, so I'm not exactly rolling in it. I drive a decent amount for work — about 1,750 miles per month. Should I try to run this thing into the ground? Or trade it in sooner rather than later so i have a down payment on another vehicle/lease? [link] [comments]  |
| Emergency medical air transport cost before and after insurance Posted: 30 Aug 2019 05:26 AM PDT Cost submitted to insurance: Approximately $16k Cost to me: $0 Insurance: Aetna open access I was really worried about this claim, as you can imagine. I was scared to see it hit my insurance because even though it was medically necessary, I wasn't sure if my doctor's staff submitted the claim saying so. What a relief after that day from hell. I posted this because I couldn't find any information about medical helicopter transport when I searched this sub while waiting for my claim to hit my insurance. For reference I'm on the east coast and in a HCOL area. [link] [comments]  |
| Posted: 30 Aug 2019 02:31 PM PDT So, I don't have anyone in my life to talk to about this but a police officer that has been exposed to this part of my life on two separate occasions, and it's nothing personal towards her, but I need someone else's point of view who might have some experience with my situation. So, I'm 27 and paid well for what it is I do for a living. I'm a master mechanic, last year for the first time in my life I hit the Six figure mark, really I'm making 70k, the extra 35k was overtime. Long story short I was not on the right track in life in my middle/high school years, I did do well in school when I was there, but going to school everyday was not always an option, between my attitude about life and my home life issues back then really took a lot out of me and I wouldn't see it like that for many years to come. Both of my parents worked, they were married for 13 years until 2002 when my mother filed for divorce from my father. To this day I have never received an explanation, I can only speculate. I am 90 percent sure it was over money. I had many other issues at that time in my life I wouldn't understand until later in my life when I had to make a decision to either change my life or basically fail. So I gave it everything I had and I had help from many great people I met along the way, and I ended up actually doing it. Just some quick background information for any of you actually interested in this. I was renting a "fancy apartment" downtown in a medium sized city in the Midwest. My lease was up after the end of the second year there, it was time to buy a house. My father is addicted to pills, he is currently taking suboxone, but not to help with recovery, they get him high, he wasn't taking that much pills in the first place and he basically lied to doctors to get them to prescribe him this stuff. He is bankrupt, he is 55 years old and not able to even live check to check, part of his financial situation is from when I was 18-22 years old he would claim me as a dependent on his taxes, I won every single time every year and his wages are garnished because he owes money. He would do this with my mothers child support money as well, I have 2 pairs of clothes, everything, two shirts, two pairs of pants, I did have more than two pairs of socks, etc, I had an old pair of adidas campus st with holes in them in high school, when I walked to school in the morning on the days I did go my socks would get wet, also very embarrassing to sit in a quiet classroom with stomach growling from hunger. The bank has been trying to foreclose on him for the last 2 years it looks like, according to public information available in my state. He asked me to "help him out". So like the young man I see myself as, the young man who has done the complete opposite of what his father did, i agreed to help him by paying some bills for him in exchange for living there. The very first time a bill came around, a utility bill, $600 by the way, I said I will pay all of this with the intention that would be a huge weight lifted off of his shoulders. Wrong, he yelled screamed and clawed for me to give him cash instead, far less cash than the $600 utility bill. I ended up giving him $60, and he got another $60 from someone else. He said he went to pay the bill, came back high, the very next day the electricity was shut off in the house, he was sitting in the chair in the living room in the dark smoking cigarettes. He didn't say a word. There were some pathetic attempts at "borrowing money" from me, we ended up settling at $200 a month, which was to much money for him at one time, he would waste it all on drugs, late bills, and drive thru food. So it turned into $50 a week. Every time I leave the room I'm staying in to leave the house, or even shower, I have to take all of my valuables with me, which isn't much because i have been well aware of the fact he goes in the room as soon as I'm not around and looks for things he can steal. Cash, and even non narcotic prescription drugs, it was blood pressure medication he must have thought was going to get him high. He literally feels like he has a right to beg for money instead of getting a second job, or even staying at the job he does have to, earn more money, and make himself more valuable to his employer. Just wondering if any of you have been thru something similar in the past, or even currently, I know I'm not wrong on any of this. Thanks for taking the time to read this guys/girls. [link] [comments]  |
| Posted: 30 Aug 2019 07:28 PM PDT Im currently 25 yoa b/m who is a cop in florida. My only debt is 13k on a car loan which i plan to pay off next year. my starting pay is 41k a year but with overtime i make 60k a year. If i started investing in a roth ira until age 60 along with my pension which should be 70k a year, will i be fine with retirement? [link] [comments]  |
| Does the 20% baseline rule for saving start before or after 401K? Posted: 30 Aug 2019 07:11 PM PDT If I put 10% into 401K, then is the 20% baseline rule for saving starting with the income that hits my bank and do 20% of that? or 20% BEFORE removing some for 401K [link] [comments]  |
| Is cash kept in Apple Pay insured? Posted: 30 Aug 2019 06:58 PM PDT I was speaking with a few reps from Apple Support, but neither could give me a straight answer on this. In the event that my money is fraudulently withdrawn from my Apple Pay card, is there someone I can call? Or an online portal to report to? [link] [comments]  |
| Understanding the Mega Backdoor Roth and if I can utilize it to hit the $56k limit Posted: 30 Aug 2019 06:09 AM PDT Good morning everyone, I have maxed out my HSA and IRA and am almost maxed out my 401k and now I am trying to figure out where to go from here as I don't know if things change when I've fully maxed out my 401k or not. I've read a lot of responses saying to go into a brokerage account but the chart in the sidebar points to the Mega Backdoor Roth. I have been researching a lot on the Mega Backdoor Roth conversion and am still a bit confused. I've been looking at this very informative POST but I still had a few questions. My basic understanding, and please correct me if I'm wrong (probably am), but it appears you speak with your employer's 401k provider to see if you can do after-tax contributions AND that you have to be proactive and all your 401k provider to then do a conversion into a Roth IRA. Also, according to MadFientist's article (LINK) the after-tax contributions are taxed when you take them out. Contributions for 2019 that may be useful:
Questions:
Thanks in advance for all your help. Everyone on this sub has greatly helped me over the years and I can't thank you enough. [link] [comments]  |
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