How are you able to use HSA funds for investing? I thought that wasn’t allowed. Those funds are only supposed to be used for medical expenses.

My HSA charges a monthly fee if total assets are below like $2k. Once over $2k, no more monthly fee.

Check your plan documents to see if there may be a similar arrangement (but different threshold)

In the same boat myself rn. I took half and put it into an index fund last year. Up like 4% on that I think. I’ll probably leave that as is and then take some more of my cash balance and put it into a CD. HSAs are great!

"We didn't receive any messages, and Captain Blackadder definitely did not shoot this delicious plump-breasted pigeon."

More specifically: have your insurance company talk to theirs. Talk to the people who you’re paying money for a service, not the people who want to minimize how much they pay you.

You may find these links helpful:

• "How to handle $"
• Investing

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Noone is going to just hold on to a check that you give them. They never should have never promised not to deposit it in the first place.

When someone needs a deposit return it should be coming from the complexes business account not via handing the original payment back.

Probably a scam but who knows.

It’s overkill, but after a coworker had their brand new car hit twice in parking lots (looks like door dings) he now takes pictures of the cars he parks next to and their license plates, so if he comes out and sees a blue paint park on his door and there was a blue Escape next to him when he went into the store, he can file a claim that it was them.

I thought it was silly, but then he showed me a spot on the door where it was a perfect storm and location to get dented in right on a seam and the quote he got from his buddies work was still like $375 to fix it. I’d assume the deductible would still make it not worthwhile to pursue but who knows

How about working as an Estimator for a general contractor (especially one that focuses on MEP work). That pays well and would use you technical knowledge gained during your degree and the soft skills you have from bartending. The technical + soft skills is really sought after.

Anecdotally, I have a friend who did Civil engineering, discovered he didn’t like the design work, and then transferred to estimating and found he liked it much more. What you’re saying here sounds a lot like way he was talking before making the switch.

You may find these links helpful:

• General Information on Rollovers
• 401(k) Fund Selection Guide
• Retirement Accounts
• "How to handle $"

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That is what prompted this question. I need to throw more money into savings/at debt.

Trying to manifest ways to increase my income in the meantime. Hunting for cheaper places to live, I rely on other people's passwords for my subscription services. Looking into side hustles or a second job, but as a salaried employee that occasionally has to travel, it makes a second job difficult to keep.

Select contribute to IRA for the account, then when picking source of funds select exchange from another fund. It will redo the interface and then you can select the brokerage settlement fund as source and then select the IRA to contribute.

You may have to wait unti lthe transfer settles.

That makes sense. I have what my bank tells me is a 'very good' credit score, but I'm not sure if that matters lol. I also consider myself pretty thrifty, so saving some more wouldn't be too difficult for me.

But anyways, what you're saying is buying the home isn't a bad idea, even with my student loans?

Nope no fees.

My experience with them was so positive I moved most of my money there.

This is all more complicated than it needs to be. Reversing the transaction is dumb in this case and probably not possible and more work for everyone. They should just cut you a check period. If they need to wait a few days for the funds to clear fine, but they should float it given it's their mistake. It makes no difference the employee is gone that did it. Be polite but firm and demand they write you a check.

We just did this for the first time this year. I did the full amount possible, taken out of my paycheck year round. It was great! Reduced our taxable income by $5000. I also did the medical costs one offered by my employer by an additional $3000.

The only downside is that you need to remember to submit documentation in order to get the money back that has been withheld from your paycheck. My employer is great at sending a couple reminders. It took me maybe an hour to gather, fill out and submit. Well worth it.

We just got a check cut to me directly from employer a couple weeks after submitting paperwork.

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Also ensure that you have a police report .

I used the future value formula in excel, and included a present value of $450k (your 401k balance and other investments).

What’s your state income tax rate?

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There's a few things to factor in.

First, your employer is very likely only going to allow contributions from your paycheck to go to this provider. Paycheck contributions are the most effective way to get money into an HSA because those dollars bypass payroll taxes. Saving on your owed income tax can be done by deducting non-payroll contributions on your return, but that method cannot get you the 7.5% payroll tax savings.

Second is that you are allowed to transfer your HSA balance from this provider to any other provider you've opened an HSA at. So you could find a new provider without the investment fee (Lively and Fidelity are common recommendations) and use that as your primary HSA investment account.

The last thing is that every HSA provider I've ever had charged a $25-35 transfer fee to send my balance to another HSA. So now you have to balance that against the monthly fee or leaving your balance un-invested for longer. The IRS does allow an "indirect HSA rollover" that bypasses that fee, but you only get to do that once every 12 months.

So there are ways to get out of that fee vs. costs incurred vs. investment goals that you have to balance. One simple strategy would be to just accumulate cash in this employer HSA (no fee), then use your "once per 12 month" indirect rollover to push that cash to another HSA where you do all your investing.

10% you probably want to focus on and pay more than the minimum.

>Go through your insurance, pay your deductible, and your insurance company subrogates the other party's insurance.

In some cases your company may even waive the deductible pending the investigation and subrogation process. Mine did after I was rear-ended; presumably it's so unlikely to have been my fault that it's not worth charging then refunding the few hundred dollars every time.

That’s frustrating but nice if I’m going to save money. Fidelity doesn’t charge any fees? I have no money with them now.