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0answers
52 views

Setting up a tax deferring IRA

I work for a small company, so we have like no resources for helping us understanding benefits. My employer is willing to automatically give me 5% of my annual salary if I set up an IRA account. So ...
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0answers
29 views

Filling in Form 8802

I live in the United States. I will be working in Korea this summer (2015) for a month. I am on a J1 visa currently. I arrived in June 2013. For tax returns for 2013 and 2014 I submitted forms ...
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0answers
176 views

Can I buy my wife out of our house without affecting her benefits?

My wife and I separated and she moved out of our family home. She has not worked for the duration of our marriage as I had a good income and she looked after our young children. She has chosen a life ...
2
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1answer
74 views

How to evaluate annual leave amount when comparing jobs?

I am in a fortunate position of having tonnes of holidays in my present job. I am looking at another position with 5 fewer days, and less flexibility in when you take them. I have been trying to ...
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1answer
92 views

Do companies offer student loan repayment assistance?

Does anyone know which companies offer some type of student loan repayment assistance programs? I'm going to be helping Congress look at a new bill being proposed to make student loan repayment a tax ...
2
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0answers
61 views

(UK) If i inform the Jobcentre that I am paying someone's rent, will it harm their benefits claim?

I am paying the rent for a homeless friend, and my/his rental costs are all over the shop due to poor/misunderstood information. I have given him my mobile number to pass on to the landlord so that ...
2
votes
2answers
94 views

100 % vested retirement benefits?

I worked for a school bus manufacturer for 13 years and my job was eliminated, I received severance package $5,000 and I had 401K which was rolled over to a money market account. I was 100% vested ...
2
votes
1answer
87 views

What is the difference between Child Benefit and Child Tax Credit?

In the UK, how does Child Tax Credit differ from Child Benefit? It appears to me that those who receive Child Tax Credit are fewer than those who receive Child Benefit, as there are more criteria ...
3
votes
1answer
51 views

How should I include pension contributions in my UK Child Benefit calculations?

I'm using the gov.uk Child Benefit Tax Calculator and I don't know how I include my pension contributions in the "Pension contributions deducted from your pay" and "Pension contributions not paid from ...
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0answers
58 views

How much can I make (or how many hours can I work) while receiving social security benefits?

I currently am on medication and was recently approved for SSI benefits including cash assistance and food stamps. The money comes in monthly with no problem but I can't afford housing with just this ...
5
votes
1answer
634 views

Is it necessary for an employer to claim employee rental housing as a paid benefit?

A friend of mine pays to rent housing from her employer. This housing is owned and managed by the employer and rented only to employees. They agreed upon a rent of $X per month when she moved in and ...
3
votes
2answers
425 views

What are the laws or rules on 401(k) loans and switching providers?

So here's the situation. My employer is switching 401(k) providers. I believe they outsource payroll and employee benefits to Benefits Company A. They want to switch to Benefits Company B. I ...
3
votes
1answer
43 views

Married now, do our domestic partner benefits get taxed differently as spousal benefits?

Reading up on new tax rules it seems clear to me that my "domestic partner" benefits should now be treated as "married couple" benefits since we were married in a state that recognizes same-sex ...
2
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2answers
83 views

Pre-Tax Plan Election - Employers Benefit Plan

Looking for advice on whether it makes sense to accept participation in the Pre-Tax Plan where your employer is authorized to reduce your income as necessary to pay your share of the cost of the ...
3
votes
1answer
101 views

Does Medicaid pay for prescription drugs?

If you don't make much money, there are prescription advocacy programs like this one that one can take part in. However, if you don't make a ton of money, it seems to me that you're likely to be on ...
4
votes
2answers
109 views

401(k) Investment stategies

I am a new grad and I just started working for a company. They offered me a 401(k) with a very good matching. So I decided to invest some of my income as I am single. I was taken by surprise by how I ...
4
votes
4answers
594 views

What's the best way to handle FSA transactions in light of a pregnancy?

If a worker makes contributions to a dependent-care Flexible Spending Account, and that worker expects she will be on maternity leave for a portion of the year, much of which will be "unpaid", what is ...
12
votes
2answers
900 views

Sign up for credit card only for rewards and benefits, then cut it up - pros? cons?

First off, I know red flags go up when credit cards are mentioned, so as a disclaimer, I am responsible with credit, prompt with payments, and I have a good solid credit score (says credit.com today). ...
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6answers
17k views

Can my employer limit my maximum 401k contribution amount (below the IRS limit)?

I contribute about 13% of my income to my company's 401k, which, at my salary, is well below the IRS limit of $17K/year (in 2012). However, with my raise this year, my benefits department told me that ...
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votes
2answers
740 views

Can my employer make me to pay for their tax mistake from my future paychecks?

I live and work in the same building. As part of my employee benefits, I pay no rent for my apartment. However, I pay 30% tax on the rent at the time I signed the lease. Without my knowledge, my ...
8
votes
3answers
347 views

Calculating cost effectiveness of a medical plan

I am evaluating new medical plans, and I'd like to figure out a formula that will give me some idea of the potential benefits of one vs another vs another.. etc.. I have these variables: Cost Per ...
2
votes
1answer
79 views

History of full retirement age: when were there policy changes?

The full retirement age is the age at which at which a person may first become entitled to full or unreduced retirement benefits. On the webpage of the Social Security Administration ...
3
votes
1answer
216 views

Applying for Unemployment Benefits with some complications

I'm currently a student at Cornell University, where I pay for a monthly rent of about 780 dollars per month. I need a little more money to keep up my payments, but a job is simply not an option with ...
0
votes
1answer
70 views

Which reward/benefits card is the best value for money in Australia?

As per the question this is based off: Which card do you use and why? Some cards are similar but some not. This will also be affected by personal preference, so indicate why you chose a ...
3
votes
2answers
164 views

What options exists if your wife's employer doesn't cover any type of maternity leave?

Recently I discovered that not all employers will cover maternity leave. Many will allow an expectant female to leave for a period of time, but it will be under a leave without pay license. Aside ...
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5answers
4k views

Why do some companies offer 401k retirement plans?

Why do companies offer 401k (or other) retirement plans? Let me elaborate this... I understand that it could be part of an employee's benefits and that a retirement plan option might increase the ...
6
votes
3answers
763 views

Should I wait a few days to sell ESPP Stock?

I have read three other threads about employee stock purchase plans (I get to buy company stock at a 15% discount) and come to the conclusion that I should sell most of my shares immediately after ...
2
votes
1answer
76 views

Belated unemployment benefits: Is it possible to apply after a year out of work?

I was laid off last year in May but never bothered to apply for unemployment benefits then because I have a Green Card (permanent resident) and presumed the benefits are only applicable for US ...
3
votes
1answer
6k views

Is working on a W2 basis, with benefits paid to me, a good idea?

My prospective employer (a consultancy service) gave me 3 options: signing on as 1099, W2 w/ benefits or W2 all inclusive. The "all inclusive" option means that my benefits are paid in my paycheck ...
4
votes
2answers
11k views

Benefits available to single-mom with low income, in Canada?

I have been in Canada for 6 months. My husband and I have recently separated. I have a 4-year old son living with me. I am currently working but the income is very low. I earn about $800/month. Which ...
2
votes
1answer
67 views

Lender benefits/perks comparison website or resource?

I was trying to research different lender housing loans in the US. I realize only the true rates and approved amounts would be after meeting with each lender and going through their pre-approval ...
10
votes
4answers
334 views

How to value employee benefits?

How should I value benefits such as health insurance and employee stock purchase plans when I'm comparing jobs? I'd like a conversion to dollars so I can fairly compare them to jobs with only direct ...
1
vote
2answers
997 views

On Canadian Employment Insurance (EI) do you have to wait 2 weeks for benefits due to a surgery?

I have to go on Employment Insurance (EI) because I am having surgery and was wondering if I still have to wait the 2 week waiting period they make you wait until you can receive benefits or do they ...
10
votes
5answers
564 views

Does my company's 401k plan provider matter to me?

My company is about to change the 401k provider it uses from one major provider to another. Does this matter to me, provided my company doesn't change any of it's benefits policies?
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5answers
944 views

Are credit card rewards taxable?

There have been several questions about reward point/loyalty programs offered by credit cards Best Travel Point Credit Cards Best Reward Benefit Credit Cards Easy Comparison of Reward Benefit Cards ...
10
votes
4answers
850 views

Which reward / benefits credit card is the best value for the money in Canada?

Which card do you use and why? Some cards are similar but some not. This will also be affected by personal preference, so indicate why you chose a certain card vs. another e.g. if you like to travel ...
6
votes
2answers
242 views

When negotiating a compensation package with a prospective new employer, how can I determine what element is worth more?

i.e. is there a way to "normalize" value and future-value of compensation components such as: annual bonus, commission, pension contribution, health benefits, vacation days, company car, etc. so that ...
3
votes
2answers
3k views

Canada Universal Child Care Benefit (UCCB): $100/month per child under age 6 from the government. Is it true?

Somebody told me that if I have a child under age 6, then I'm entitled to get a $100/month benefit from the Canadian government. Is that true? How do I apply for it?
6
votes
2answers
287 views

Are travel point / reward credit cards worth the hassle and cost?

Are travel point / reward credit cards worth the hassle and cost? Many such cards have fees, and when you try to book there are often restrictions. What has your experience been with these types of ...