Recent comments

dscottj t1_jeh2kkt wrote

My parents ran a liquor store in the poor part of town in the '70s. They always left the cash register open after closing. One of their friends scoffed before he opened his own small business on the edge of town and said he would always lock his. A month later he walked into my parent's shop bitching about how some redneck meth addicts tore apart his empty many-thousands-of-dollars cash register apart.

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Killmumger t1_jeh2kaw wrote

If I had a time machine i would honestly go back to beat the ever living crap of my 14 years old self for making fun the of the Chinese exchange student who had difficulty speaking English man I was such an asshole I would absolutely beat the little pos that I was till he had no teeth left god i cringe so much just thinking about that time

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Werewolfdad t1_jeh2k44 wrote

Reply to comment by echisholm in Roll over or convert? by echisholm

> Roth 401(k) to Roth IRA has a conversion cost? I did not know.

Nowhere in your post does it say it’s a Roth 401k. That’s just a rollover.

(Any employer contributions would need to be converted however)

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cakeandale t1_jeh2k23 wrote

That’s generally good advice, though for right now 4.14% is near the balance point for savings vs debt. Savings interest is taxed as income, and if OP is in the 22% tax bracket ($44,725-$98,375) they’d need to get 5.3% interest to breakeven post-federal-tax (likely slightly higher depending on state taxes).

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