Personal Finance Do I need to give a 2 weeks notice to my job while on a 30-day probation, and how? |
- Do I need to give a 2 weeks notice to my job while on a 30-day probation, and how?
- Selling my $30k truck but no one is interested on Craigslist. Is this normal?
- My GF's past rental and credit history is making it nearly impossible to rent a place together
- Just found out that I can invest using my HSA
- Spent $625 on an eBay scam, where the scammer was somehow able to show a valid delivered item, when it was never actually delivered.
- IRS switching to ID.me for account verification
- Chase Bank $10,000 Fraud Transaction. Seeking advice.
- Selling off losses end of year?
- Series I Savings Bond annual limit?
- Previous employer made accidental deposit to 401k wants it back
- Im 20 years old and bought a car, I really need help
- Brother and I are being bought out of our mother's trust, tax questions
- Pay off the mortgage early or invest the money
- Question for real estate friends. Would I be helping?
- Retirement brain trust, please advise
- Agreed to a settlement with Chase for credit card debt. I haven't received the agreement in writing.
- Wife's mother passed away, I'm trying to help her sister get into college but having financial issues
- Father needs to rebuild credit
- What do I do about a $75 closed collections account that showed up on my credit report?
- Drowning in credit card debt
- Gfs employer didn't take any of her taxes out
- Twitter check scam?
- Received a tax refund cheque in the mail but I had already received it through direct deposit
- [OK] What can I expect to owe this year in this situation?
| Do I need to give a 2 weeks notice to my job while on a 30-day probation, and how? Posted: 17 Nov 2021 11:44 AM PST I was recently put onto a 30-day probationary period at my current job due to my performance not meeting (recently updated) company performance standards. I have been working here for 10 months, obviously past the initial 90-day period I was placed on when hired. I had been looking for a new job anyway, and got extended a job offer to start training on December 6th. I would need to put my 2-weeks notice in on Nov. 22nd. However, I'm worried my current employers (not direct supervisor) will just tell me to leave and not work for the last 2 weeks, as they have done this to previous employees, as well as not treating leaving employees fairly or well at all. Do I need to give notice that I'm leaving, what should I say in the letter of resignation, and how should I go about getting unemployment for the 2 weeks if I am terminated? I work in sales/customer service in a call center for a car dealership. [link] [comments] |
| Selling my $30k truck but no one is interested on Craigslist. Is this normal? Posted: 17 Nov 2021 03:03 PM PST I have a 2016 Toyota Tacoma in great shape with all the features and low miles. It's value is around 30k, but since posting on Craigslist two months ago I've had maybe 2 interested and no sale. It seems that people don't want to spend that much on a private sale they would rather pay a little extra and have a warranty and know it's from a dealer. Is this normal? How do people sell their higher priced used vehicles? I included good pics and details, updated the listing, and have interior shots as well. Thanks. [link] [comments] |
| My GF's past rental and credit history is making it nearly impossible to rent a place together Posted: 17 Nov 2021 03:42 PM PST I moved into my girlfriend's tiny 1 bedroom apartment about 8 months ago (we're both early 30s, no kids), and the lack of space is starting to drive us crazy, so we're looking to upsize. Problem is, we live in a very high COL west coast city, rent is crazy expensive. She is from an immigrant family and grew up poor, with a lot of struggles to finally get to the point of having a good career and income in the past couple years. She went through a rough patch about 4 years ago and went into debt, missed rent payments, almost got evicted, got her car repossessed. Since then, she's worked hard to get mostly out of debt and now has a solid career. On the other hand, I grew up comfortably and my parents helped me thru college and kept me debt free into my early 20s. My credit is impeccable, never missed a payment of any kind. We've been looking at larger places but have now been denied everywhere we apply because of her history. I honestly could afford to pay most of these places myself if I really had to, but she's like a poison pill. I've asked landlords if they'll just let me sign the lease myself, but they all have said she needs to be approved and on the lease in order to live there. Basically, no unofficial subletting. Any advice? It's getting to a point where our relationship [link] [comments] |
| Just found out that I can invest using my HSA Posted: 17 Nov 2021 08:08 AM PST 27m. Been contributing to an HSA for about two and a half years. Last week I was reading a book on personal finance, and found out that you can invest your HSA in index funds and other types of funds. Then I heard that only 4% of HSA holders are doing this. I'm assuming some people were like me and just had no idea that you could do this, but are there any people who actually refuse to invest using their HSA? I haven't come across any downsides to it, so I'm wondering...is it really that 96% don't know, or is there something I'm missing? Also I started investing my HSA immediately after I read this. [link] [comments] |
| Posted: 17 Nov 2021 10:58 AM PST I was wondering if anyone knew how i would about getting my money back. I tried through PayPal, and they said because it has a valid delivery, I can't get my money back, and UPS says the same. However, because it was shipped to my schools mailroom, they keep a log of all items that have gone through the system, and this package didn't show up. But now I'm lost because I can't get proof from the actual shipper, which is what I need to get my refund. [link] [comments] |
| IRS switching to ID.me for account verification Posted: 17 Nov 2021 05:07 PM PST |
| Chase Bank $10,000 Fraud Transaction. Seeking advice. Posted: 17 Nov 2021 06:44 PM PST I was checking my email today when I noticed an email sent to me as a reply from an email I had apparently sent to them. I checked my sent folder to find an email stating that "the money was not deposited to my account, and I cannot log into the account," which was sent to a company? called Douugh. Now the strange thing is that the email I supposedly sent is basically calling out this company as a scam. After seeing that email I got nervous since it was obvious I did not send it, so I checked my bank account to find that $10,000 were sent somewhere, I say somewhere because all the statement says is that it was sent to: Douugh P2P "my name" webid:*******. Right after this I called Chase to see what steps I could take to report this, they stated that this transaction was made directly from my account, not from my debit/credit card, and that they were going to send a some papers through mail to start the claim. To further give information, I checked my Chase account to see if there was any suspicious emails/phone numbers added, only to find that there was a phone added which I did not recognize and that my account was sharing data with this company called Douugh USA LLC, similarly to how data is shared with Robinhood when your account is connected. It is safe to say that I never authorized this, I have never even heard of this company, yet I had emails from them as if I signed up for their service. I have already finished with securing both my email and chase account, but will still be going to visit in person to see what else I could do. As it's the first time this has ever happened to me I am not sure how to proceed this, will my claim have a high chance to be successful or does it look like it will be a tough fight? Any advice is appreciated, thanks. [link] [comments] |
| Selling off losses end of year? Posted: 17 Nov 2021 03:19 PM PST I am looking a tax bill for this year and just wondering who has experience or opinions about selling down positions before end of year to offset taxes. I am expecting about a 20k (appx) tax bill for this year, due to some good fortune really. In January I won just over 60k in an online poker tournament. I am not a pro player and this was a big deal for me, I just play here and there, happened to do really well one day. I paid off some debt, put some in savings. I took 20k of it in anticipation of the taxes and set it aside. I still have that. Being a long time investor in market I decided I wanted to make the money work for me while I had it. Put into fairly "safe" positions and sold covered calls throughout year. At this point I am looking at about 9k in premium income through the year from those covered call sales (more money in account than just this 20k). Plus some capital gains too. Wife and I file joint and pull in about $140,000 a year, with this extra income I'm looking at the 24% tax bracket. With about $70,000 in income that hadn't been taxed yet between poker winnings and income from market gains and call premiums. I'm thinking about selling off some down positions before end of year. Probably shaving off about 12k from overall income, thinking that could save me maybe 3k or so on taxes. Never done that before end of year, thoughts or similar experiences? [link] [comments] |
| Series I Savings Bond annual limit? Posted: 17 Nov 2021 06:57 PM PST From the Treasury Direct website: In a calendar year, you can acquire:
What's unclear to me - is this an "and" or an "or"? If I get a tax refund, can I apply all of it (up to $5K) towards a paper I-bond (which I can later convert to electronic) AND still buy $10K electronically, or does the tax refund paper bond count against the $10K electronic limit? [link] [comments] |
| Previous employer made accidental deposit to 401k wants it back Posted: 17 Nov 2021 07:36 PM PST My previous employer some how messed up some paperwork and sent ~$1500 to my 401k. This was last month. I also haven't worked there for 6+ months. The account was already rolled over into another brokerage... So the money has already deposited and invested. They're asking for it back because it's "ineligible"... I assume that's BS, they just don't want to give money away. Which I get... What are my tax liabilities for getting their money back? Is this "normal" enough? [link] [comments] |
| Im 20 years old and bought a car, I really need help Posted: 17 Nov 2021 01:29 AM PST I went to my local Kia dealership with my girlfriend and was planning on buying a used Kia Forte for $12,000, went on a test drive, everything was fine. The dealer ask me about pay stubs saying we are required to have 2 each(mind you i have 0 credit) i mention my girlfriend and i don't have them. He then leaves for about 45 minutes, coming back to us and saying that no banks would accept us for a loan. Not being shocked at all, I was ready to leave. He then tells me that there's one car i could get, that being a used 2017 Ford Fusion SE listed at $17,000. We test drive it, everything goes great, he then comes back with a form showing us how much each payment would be, saying he would take $1000 dollars off since we're young and he wants to help us with building credit. The form was a list of down payments and how much the monthly bill would be based off what we paid. It was said to be $480 a month for 72 months. My girlfriend and i being overly excited, knowing we make decent money, very obviously made a dumb mistake and without hesitation signed off on it. We didn't think about the math or anything of the sort. I realized later that he never even asked about the pay stubs again. They read us through all the paperwork with what seemed to be very upfront but come to realize that they didn't mention multiple things. The main importance being that the annual percentage rate is 26.03%. Adding all this together, plus the required Gap payment, the total after 72 months will be $38,637. They also failed to mention multiple promises i signed for, such as there being a GPS in the car they can track at any time if needed. After doing some research i have also found that they are pulling a thing they call "Spot Delivery". Is there absolutely anything my girlfriend and I can do to get out of this? I would really appreciate any advice given. EDIT After doing some extensive research, i have realized that the dealership is trying to pull the "yo-yo scam" They had me sign the contract and told me to wait until they call me back to get the tags and registration done. Alabama Code Title 8. Commercial Law and Consumer Protection § 8-19-5 (17) After receipt of payment for goods or services, failing to ship the goods or furnish such services within the time advertised or otherwise represented or, if no specific time is advertised or represented, failing to ship the goods or furnish such services within 30 days, unless within the applicable time period the seller provides the buyer with the option to either cancel the sales agreement and receive a refund of all previous payments to the seller or to extend the date to a specific date proposed by the seller. Any refund shall be mailed or delivered to the buyer within 10 business days after the seller receives written notification from the buyer of the buyer's option to cancel the sales agreement and receive the refund. Legally they have to refund me the money for the car, correct? [link] [comments] |
| Brother and I are being bought out of our mother's trust, tax questions Posted: 17 Nov 2021 05:31 PM PST Before my mother passed in 06 my step father and her created a trust that stipulated when my step father passed away their house would pass down to myself, my brother, my step brother, and my step sister. About a year ago my step father and his new wife asked if us siblings would be open to them buying us out of our portions of the house at it's current appraised cost in order for his wife to be able to continue on in the house after he passes. My brother and I agreed, and they started the process of getting it approved in the courts. It just got approved last week and a check for 150k was sent to both my brother and I. They (my step father and his wife) said that their lawyers told them we wouldn't be taxed on the amount, but my brother's tax person told him that's not true and that we will be hit with both capital gains and possibly income tax. Both of us aren't really bothered by having to pay tax, but would just like to know how to calculate all this mess. some info:
edit the trust is a "Credit Shelter Trust" [link] [comments] |
| Pay off the mortgage early or invest the money Posted: 17 Nov 2021 03:20 PM PST Hi all, I've been trying to look up formulas or essentially find an online calculator to guide me in this process. Essentially I'm in the lucky position to have an extra 1000 at the end of each month which I was thinking of investing. However, I've also got a mortgage that is being paid off at 3% In my head it makes sense to invest the money in a low risk fund and get around 8% a year since in my mind that should yield a great return than the savings of the 3% mortgage but ... I want to be sure it's the right move. Here's the figures for the mortgage Mortgage -- 30 year term , 3% interest rate , no penalties on early repayments And lets assume I've a magic wand and will always get 8% APY for my investments So question is would paying off the outstanding capital for 1000 each month and there by reducing the interest part of the repayment be worth more than my 1000 each month joining a fund getting 8 % APY [link] [comments] |
| Question for real estate friends. Would I be helping? Posted: 17 Nov 2021 07:59 PM PST My mother was diagnosed with breast cancer around this time last year. The great news is she made it and is back living at home! The bad news is she inherited a hefty bill from a nursing home in the process. The threat of a lean being placed on my mother's house seems very real and I'm wondering if it would be "wise" to "buy" the house from her too avoid that being a possibility. If this even is a good idea, how would I go about it. [link] [comments] |
| Retirement brain trust, please advise Posted: 17 Nov 2021 02:49 PM PST My grandpa is 79 years old and has about $500k in a 401k through his employer. He has continued to work and contribute, but things have changed quickly the past few months. His health is declining significantly, he is currently on FMLA, and will retire by the end of the year. When he retires he will no longer be contributing to 401k. He got some proposals for rolling his 401k into an IRA. I manage a multi-million dollar budget and I'm also the executor of his estate, so he asked me for my thoughts. I reviewed the proposals which were boilerplate "optimal blend portfolios" from a major financial institution. While I have decent finance experience and am familiar with 401k, IRA, etc. generally, his situation is a bit more nuanced and I don't have any good advice. So, r/personalfinance, what should we do? Does he have to move the money to an IRA or can he just keep withdrawing from 401k? Is it possible or advantageous to do both? Anyone have any experiences, or advice? We could really use your help. [link] [comments] |
| Agreed to a settlement with Chase for credit card debt. I haven't received the agreement in writing. Posted: 17 Nov 2021 08:53 PM PST As the title says, I have agreed on a settlement for some credit card debt. I requested the agreement in writing but I haven't received it yet and the date I am supposed to make my first payment on is fast approaching (~a week away). Chase haven't been easy to deal with. Every conversation they seem to give different answers to the same question, are generally very vague when giving details and communicating. And lately since I've been asking about the written agreement they've been downright avoidant and rude (I always maintain my cool). I came to the settlement with their debt collectors and they've agreed to honor it (the debt collectors time with it expired so it is back at Chase). I seem to be putting in more work trying to pay them than they are at working with me on standard procedure to begin the settlement payments. Getting a financial agreement in writing seems common sense and good practice. Any advice on what to do? Should I recite the terms of the agreement, amounts, dates etc. and record the phone conversation? Any other helpful advice? [link] [comments] |
| Posted: 17 Nov 2021 02:12 PM PST My wife's family grew up relatively poor living in a rural area of the US. Her father is 53 and he has his job (factory maintenance worker $45K to $50K per year), a small 401K (less than 60K total in it) and he had a pension. They don't own a house either – they are renting a mobile home. The factory no longer wanted to keep the pension so they forced the workers to take it out in cash or move it to a 401K. My wife's father is not financially literate so he decided to take the $50K pension in cash and leave it in his checking account. That amount has dwindled down to about $38K since he's been trying to pay off a loan he took out on his 401K. My wife's mother recently passed away, so I'm helping my wife's little sister (18) apply for college this spring. We've submitted everything but the FAFSA (due Dec 1). We are worried that the $38K sitting in his checking account is going to destroy my wife's sister's ability to get financial aid. She really does not have a lot of means and desperately needs financial aid for college to be a reality. We are worried that this poor decision by her dad will harm her. What should we do here? Should we get her Dad to move this money back into a retirement account of some kind (maybe IRA)? But that only covers $6K, is there something else we should do? He didn't contribute to his 401K this past year – he stopped contributions when his wife passed so he could have more cash to pay for the funeral and expenses. Could he lump sum some of this money back into the 401K now? We are going to be 100% honest in our reporting, I just wanted to see if we had options to put that retirement money back into his retirement so it doesn't harm his daughter financially. Thanks for all your help! [link] [comments] |
| Father needs to rebuild credit Posted: 17 Nov 2021 04:46 PM PST Hello! So, my father (60yo) has been using a prepaid card for his expenses for maybe the past seven years, he does not have any credit cards or checking accounts because he has believed for the longest that he owes student loans. His experience with BofA (checking) led to him closing all of his accounts and sticking with prepaid cards. What happened was, he got his paycheck from his job and all of it was taken out of his checking due to student loans, which is what BofA told him. (this was years ago) Since then, he's been rolling with the prepaid route. Just today, I talked to him and asked him what his credit score was and he said he didn't know. So, I downloaded CK and Experian for him to get a better picture of it. So, the score needs work (519-530 across the three bureaus) but the fascinating thing I seen was that his credit file looks like a brand new one. He has 0 credit history, 0 payment history, 0 inquires, but he has 4 derogatory marks and 4 collections from four hospitals (it looks like) that he recognizes as hospital bills he didn't pay. The total balance owed on his credit file is $1,623 from these collections. His eyes lit up when he seen this because he was under the impression that he owed a lot more. Also, his student loans balance is showing $0 as his accounts were closed. Same with auto loans. He is more than happy to pay for it, but not in one shot. He would like to negotiate a way he can pay it off monthly. My question here today is, what advice would you give him to go on about this? How can he pay it? Or, is there a different route he should take? Also, on his credit file it says he has 5 open accounts (CLOSED) I also tried to open a checking account for him with Chase but he was denied. I'm also planning to tell him to get into a secured card with Discover so he can rebuild his credit. His goal is to get himself an apartment. (He lives with a roommate atm) Thank you!!! P.S. Sorry, if this was organized bad (mobile) EDIT: I'm seeing here that the 5 accounts are not open. They are all closed accounts. [link] [comments] |
| What do I do about a $75 closed collections account that showed up on my credit report? Posted: 17 Nov 2021 03:16 PM PST I checked my credit report for the first time and there is a $75 collections account by TRANSWORLD earlier this year that I know nothing about. It said it was on behalf of "Quest Diagnostics", so I called Quest Diagnostics. They said it was for an outstanding bill from two years ago for a doctor visit. This particular was at an urgent care facility that was billed to my health insurance at the time, so I don't know why I got dinged for it. I also got no notifications of an outstanding bill. Kind of stumped as to what I should do here, since I'm concerned about this ruining my credit score. [link] [comments] |
| Posted: 17 Nov 2021 07:46 PM PST Hey guys, I just wanted some input from you guys before I did anything. Last year I sadly got into some money spending habits that weren't really ideal and now I have a bunch of credit card debt, about $16,000 to be exact. This is divided between 3 credit cards and I started making payments but I've been considering applying from a loan from my bank in order to consolidate the debt so I can spend less time paying it off and also not stress out about making payments for each one every paycheck. I make $350 every week and usually I spend 100 or 200 on paying off the CC and keep the 100 for groceries or buying food and the 50 is for gas. I know it's not ideal living like this from paycheck to paycheck which is why I'm wondering if there was a better way to go about this. I also have some privatized student loans I have to make payments for every 3 months, and the government student loan payments will start again in January so I'm a bit worried. Any advice you guys can offer would be much appreciated. Thank you if you've read this far. [link] [comments] |
| Gfs employer didn't take any of her taxes out Posted: 17 Nov 2021 09:45 PM PST So my gfs company never took any of her federal taxes out this year, her boss just told her that they never did any filing for anything this year. What kind of recourse can we take against them? Will she have to pay everything herself? Her pay stubs are also wrong so we cant use them exactly to try and figure out how much she could owe, this also isn't the first time it's happened. What can we do to get the irs to go after the employer for the money and not my gf? [link] [comments] |
| Posted: 17 Nov 2021 07:31 PM PST Hello, just had something interesting happen to me and need some guidance / wondering what happened! I'm very poor right now and need some money and saw one of those "retweet to get cash" posts and although I never do anything like that I figured I might as well give it a shot. The guy emailed me a check which I deposited and he asked me to Zelle a portion of it back. I did so and am now waiting for the rest of the check to clear. Am I fucked? [link] [comments] |
| Received a tax refund cheque in the mail but I had already received it through direct deposit Posted: 17 Nov 2021 05:57 PM PST I had recently changed my address for my CRA account (I had just gotten 2 returns from previous years which were never sent cause my address was wrong, this was a few days after the error was corrected) The cheque says it's for my 2020 return however I had received it last week when I fixed my address. Unsure why they would send me this? The date on the cheque is from the 9th when I called them. [link] [comments] |
| [OK] What can I expect to owe this year in this situation? Posted: 17 Nov 2021 03:23 PM PST I'm down $6000 on crypto exchanges this year, however my mother passed away and signed the house over in my and two older sisters names. We expect to get roughly $70k each after the sale. I know I can only claim up to $3000 on crypto; and I can claim the remainder (if no gains) next year, so how/ or does this reduce what tax I owe for the house sale? I've only ever had to do 1040EZ files, so I'm kinda dreading the bureaucratic minefield ahead of me this tax season.. [link] [comments] |
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