> Shouldn't cause a problem, but like others have suggested it's better to use a mailbox service instead of USPS. You won't be able to receive FedEx or UPS at those.

Pretty sure OP can receive UPS packages at a UPS mailbox.

The address on record at your employer doesn't affect your actual tax liability. It just makes settings up tax withholding easier if they have a zip code to enter their payroll system. If the mailbox is in the same place as where you live, it should be fine.

You should do it from the IRA provider -- have the IRA provider pull money from your checking account.

If you direct deposit into an IRA and the employer messes up the deposit, they'll also cause unnecessary tax problems for your IRA as well.

Yes, compound growth with periodic deposit is awesome like that. If you had $270k in your accounts (1.5x of $180k), at even a modest 6% growth rate, $270k grows to $361k alone without new contributions. But if you also keep adding 15% of the $180k gross income each year on top of compounding, $270k grows to $513.5k instead.

Much more difficult if you are already behind (need to increase contribution rate to 28%).

FYI I think the 1x is based on your starting income, not what you have now, so if you re-frame the question with a lower 1x, you might not be too far behind.

> When researching to confirm I thought APY was the percent of how much I would get as interest into my account.

Correct, if you are able to hold continuously for 365 or 366 days.

> But online says the APY is how much interest would be charged to me if I were to withdraw early.

Wrong.

> So say a 12m is offering 4.15% APY I thought that's the amount I'd get back so 100->104.15 end of month

$104.15 after the 365 days (1 year), yes.

> it being if I need to withdraw it'll be 100-> 95.85 I'd get back

No. Early withdrawal penalty varies from CD to CD. Read the terms for that specific CD. Sometimes it's 3-month interest, sometimes it's 6 months. You will also still keep the interest you earned so far. It's just that the penalty might be greater than the interest you earn.

> Does CD rates lock when opening account?

Yes.

> I opened couple of cds with discover last year for a year term. Looking back I could of sworn the interest rate was good.

Because interest rates only really started going up in March of 2022. They were pretty low before.

• March 2020: Interest rate tanked, stayed pretty much on the floor.
• March 2022: Interest rate started increasing

> You cannot contribute to a traditional IRA because you yourself have no earned income.

This is wrong. Each spouse can contribute to traditional or Roth IRA as long as the joint taxable compensation (W-2 from both spouses combined) exceed the contributions.

If OP contributes to traditional IRA, the tax deduction reduces the joint income as well.

It is 2023. It's the issue date (1 business day after the business day you buy) that matters.

VTSAX lets you fully automate the buying process, including automatically scheduled contribution and purchase of shares for every year until you stop or change it.

VTI, no. You can still automate the contribution to the cash position in Roth IRA, but you have to buy VTI, even with fractional shares, manually on that day.

> My unrealized gains are sitting at -$347 so I wouldn't create a taxable event and pay. taxes on it.

You wouldn't have any tax event inside a Roth IRA anyway.

Also look into diversifying. VTSAX (VTI) only cover the US. VTIAX (VXUS) covers outside the US.

You can open and contribute for 2022 until tax day (4/18/2023). This is true for every year - you always have 3.5 extra months to contribute after the year is over. Read the IRA wiki.

> Other info: -We’re in our 30s -Husband makes a good income (above $130k)

If you file jointly, you can contribute the max amount to your traditional or Roth IRA.

You can have pre-existing accounts. As long as you have no pretax balance in any IRA in your name (except inherited IRAs), you can do backdoor Roth cleanly. You can re-use existing accounts as many times as you want.

Crypto are not yet considered securities by IRS. Wash sale rule only applies to securities.

$11.48 = $10.38 + sales tax.

I also noticed that the insole is sold by 3rd party, so maybe Amazon can't classify it as FSA eligible because they don't sell it?

Banking a 15k realized loss is a good deal if you are in a high enough tax bracket. You can offset up to 3k from ordinary income every year even if you don't have any realized gains to offset.

> and I lost 3k in investment.

And you realized the loss by selling, right? Unrealized losses don't count.

> The 3k I lost will be deducted from the 10k income I made this year, and I will only be taxed on 7k of income. Which means I only get 300 back from my loss.

Correct. Low tax bracket means less effect on tax deduction.

> My husband used to talk about going to grad school and his grandfather generously gifted him a check that I believe was around $10,000 4-5 years ago, apparently had to do some taxes differently, and says the money is trackable by the irs and cannot be used on anything other that school tuition. Is this true?

No, it's not true.

If someone pays your tuition or medical bill directly, it is considered a gift to you, but it is completely unlimited in any regard.

If someone gives you money with no expection of getting anything back, it is a gift and has reporting thresholds. Maybe the reporting threshold was $10k Reporting threshold was $14k in 2017. But there is no restriction what the recipient can use it for.

Maybe it was actually a 529 distribution?

• No limit for college/university tuition expenses
• Up to $10k can be spent for K-12 tuition expenses (SECURE Act 1.0)

This still doesn't restrict what the recipient can use it for. It'll just get the 529 owner in tax penalties if used for disallowed purposes.

I have to download HSA investment data tomorrow because my state doesn't exempt HSA.

> This would be identical holdings (VTSAX) in the old and new account for this money. If I wait 30 days do I avoid a wash sale?

Yes. You can buy on the 31st day.

You still save more tax by offsetting ordinary income because the ordinary tax rates are higher than long term gain tax rates. However, if you make more than the NII tax MAGI threshold (not indexed to inflation), there's another 3.8% to consider.

Fidelity was having problem shipping debit cards as well. I ordered a replacement in November because the chip on mine broke. I just received it.

When I went to the ordering page again, they have put up a notice about supply shortages of cards.

A proper TLH swaps among a pair of similar but not identical funds, so being out of market isn't an issue. However, if you have suboptimal substitute, you can be stuck with it (e.g. going from total stock to S&P 500 and being stuck with it, reducing your holdings from 4000 to 500.

If you tax loss harvest (TLH) while you are in a low tax bracket, you don't save much tax.

If you TLH, your new cost basis is lower, and you reset holding period to short term. Therefore, you might find rebalancing more expensive in the next 12 months.

Also, it can be easy to mess up a TLH with wash sale if you have the same pair of funds in multiple accounts or have DRIP on.

Call the number on the back of the card. You know your name, DOB, SSN, address. And since you have the card, you also know the account number (it's the card number).

> So, different people purchase same t-bills at a different price?

Yes.

> If yes, any good strategy to have a slight favor?

Be patient and set your limit, and always be prepared to not get anything at all.

If you buy new issues, you are indeed participating in an auction. You'll enter your price ceiling (limit order). At the end of the auction, you'll get the number of units you've won, or none at all if you're outbid by everyone else.

Each auction has highs, lows, and averages.. Some people win at a lower price (higher yield). Some people win at a higher price (lower yield).