There are no taxable events within a 401k. The taxation occurs either when funds are deposited into or withdrawn from the account, depending on whether it is Roth or traditional.

No, selling/buying/exchanging without actually withdrawing is not a taxable event.

It is a real thing, but lots of people can't do it for one reason or another.

It's also possible to be deferred from donating for no fault of your own and not be able to go for weeks so you can't really budget for the money.

I did it pretty solidly for almost 10 years.

Does your local library offer the Hoopla app?

Because if they do, take adavantage of it for a lot of free audiobooks for your commute.

I have a friend who is around your age and is a server in a fancy hotel restaurant. She has benefits;i.e., 401k, health and life insurance, and PTO. She lives a low maintenance lifestyle by choice and makes enough to support her lifestyle. Every job has its drawbacks, but she doesn't have the kind of work stress that follows you home. No phone calls or emails after work, no waking up at night stressing over a crisis at work.

If this is what you want to do, I say go for it. The fact that you stayed home for years tell me that you are not a type A highly driven career person. That's not a bad thing and there's nothing wrong with the decision you made as a couple.

You should really take an honest look at yourself and your lifestyle and financial goals. If your desired lifestyle requires a high income, then position yourself for higher income. If your desired lifestyle requires greater happiness in a job/career, then determine if a lower income is sufficient.

Financial considerations would be housing (rent small apartment or buy large house), transportation ( OK with older basic cars vs fancy new car every three years), entertainment (Netflix vs clubbing), travel (road trips vs international travel), retirement (traditional age or early).

Once you consider all these things, you will have a better idea of what income is needed to live your desired lifestyle and you can determine how to proceed.

I know several people who went back to school after 35 and switched careers at 40. You may want to work as a server/bartender for a while until you figure out what you really want.

Edit: hit send too soon.

45 minutes is a short commute many places on the west coast.

A lot of people advocate for moving out whenever possible, but it doesn't make sense for a lot of people.

The question should really be flipped; instead of asking people why they don't want to move out, I think the following question should be asked of people whl do want to move out if they don't need to, "Why do you want to move out and waste money on rent, extra living expenses, etc instead of saving money for a down payment, etc?"

For people who have good relationships with their family, there's no value to moving out, especially if they haven't saved up a down payment.

It's a legitimate need. You probably want to avoid places with slick marketing.

There is no answer for that. The reason is, you can't prepare yourself.

Every people are different in that situation. The only advice I can give you. Enjoy every stage, Every moment with your partner.

https://blog.turbotax.intuit.com/tax-planning-2/do-you-financially-support-your-family-living-abroad-see-if-you-qualify-for-any-deductions-on-your-income-tax-46062/?amp=1

That breaks it out for you

Scam? No. Hundreds a month? Depends. After initial bonus which depends on location they let you know how often you can donate plasma. And machine tells the quality of plasma so the payout can be all over the place.

Promotional material definitely makes it sound like a lot more than it ends up being even if you do it regularly. Also keep in mind how it might effect you at work, you will feel tired and drained of energy the day after. I had a roofing job and donated consistently and I almost passed out even with plenty of fluid intake.

Different labs have different reward tiers and time requirements so if you think the extra 100-150 a week won't bother you I'd say go for it.

Target sublets or owner-managed apartments, smaller landlords, people with decision making capabilities. without an income or significant assets/savings and a good (650+ FICO transunion/equifax/experian, not credit karma or chase app or something that uses alternative scoring) credit score, you're going to be instantly rejected by larger corporations/management companies. Owner-operated properties tend to put more weight on judging your character. be up front with what you have and what you don't have. good luck.

That's a 50% salary bump. Do it for a year, learn some new things, find a job making $70k. This is the time in your career where you can have slight inconveniences to accelerate your growth.

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No I don’t think so, income is leaving the country, they’re gonna tax it if they can

In my experience, a 45 minute commute with no traffic is fine. 45 minutes in heavy traffic is miserable.

You may find our Taxes wiki helpful.

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Thank you. Who knew reddit had such supportive people ;) seriously it means a lot.

https://www.irs.gov/pub/irs-utl/IncomeTaxWithholdingAssistantForEmployers2022b.xlsx

Try this tool. It’s discontinued but should work for 2022 calculations.

Please reach out if needed

I could explain in great detail the why and wherefore, but to make it simple for you:

Use the card for everything you can. Pay it off in full before the due date. If you're close to maxing out the credit limit before it's time to make a payment, pay it down early. During this time, your credit score will fluctuate dramatically. IGNORE IT.

In time, the credit limit on the card will increase as you prove to the bank that you can handle the credit responsibly. It will eventually reach a point where your monthly purchases reach about 20% of your credit line, which happens to be the upper bound of where the utilization factor of your score is. Example: If you always spend $1000 a month on the card, eventually (within a year or two) the credit limit on that card will probably increase to 5000. You might have to request the increase, or it might happen automatically. At this point, your credit score will stop jumping all over the place.

As long as the card has no annual fee, plan to keep it forever. You might at some point quit using it because there are better cards out there with more lucrative perks, but you want to use it to make a token purchase at least once per year to keep the account alive, because the average age of accounts is a moderate factor in your credit score and the the older the average gets, the better your score gets.

Seriously though, the only rules you need to follow: Never spend money on a card that you don't already have as cash in the bank, pay all bills in full and on time, and never close an account that has no annual fee. Do this and your score will take care of itself.

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Mines 75 right now and I just listen to audiobooks to pass the time. Its great!