Questions tagged [employment]
to be used for any presonal finance question related to employment. Related tags are "Self-employment, unemployment, employment-law
11
questions
17
votes
3answers
3k views
Why would you not want to rollover a previous employer's 401(k) when changing jobs?
Are there any valid reasons to not rollover a former 401(k) when changing jobs?
I have several little ones that I never quite got around to rolling together - with an upcoming job change, should they ...
18
votes
3answers
780 views
Quit my job: What can/should I do with funds in previous employer's 401(k) plan?
I recently changed jobs, and my previous employer offered a 401k. I know I can roll that money into an IRA. Before I do anything, I would like to understand what options I have, and which option is ...
26
votes
3answers
8k views
Why does a US company need to know the location of their employees for tax purposes?
I read in the news (mirror):
[Facebook] would take a more “measured approach” with existing employees based on job function and past performance, he said, and set a January 1, 2021 deadline for ...
16
votes
2answers
4k views
How do some companies allow some of/all their employees to work remotely from a tax standpoint?
I sometimes see job offers that allow employees to work remotely anywhere in the world. However, reading answers on Why does a US company need to know the location of their employees for tax purposes?,...
25
votes
7answers
41k 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 ...
12
votes
3answers
12k views
How much would be a fair raise or salary increase to ask for at work?
I have not got a raise at work for some time - almost two years - and I think I am due. I did not ask during the crisis because other companies were laying off, etc. Mine didn't lay off, we actually ...
3
votes
1answer
108 views
HSA over-contribution if I lose my job part way through the year
My employer provides my health insurance as part of my compensation and benefits package. It is a qualifying HDHP and as such every year I generally max out my HSA, either through payroll deductions ...
6
votes
2answers
2k views
Non-qualified Savings Plan vs. 401(k) for Highly Compensated Employee
Late last year, I started a higher-paying job than I've ever had. Today I got a letter from my employer's benefits department and Fidelity telling me that I'm expected to pass $115,000 in ...
2
votes
1answer
137 views
Can one deduct lawyer consult fee less than $1000 for ex-employer's threat letter related to confidentiality in 2018 taxes?
Someone I know paid around $1000 last year to consult lawyers regarding a threatening letter from a former employer related to company confidential information where they threatened lawsuit and ...
2
votes
2answers
13k views
FHA Loan - Less than 2 years employment history
Background: I & the wife are looking to buy a house priced at $250k via an FHA loan.
One of the requirements for the loan is that we have a 2 year continuous employment.
I have a 1 year gap in ...
1
vote
1answer
75 views
If an employee works from outside California but is declared by the company as working in CA, from how many days outside CA does it become an issue?
US companies need to know the location of their employees for tax and benefit purposes, while some US and non-US companies manage to allow some of/all their employees to work remotely. Assume that the ...
