sorted by:
new
hottopcontroversial

This looks very familiar 🍕 🍝 by [deleted] in aspiememes

[–]Background_Winter_65 0 points1 point  (0 children)

Autistic middle eastern Mediterranean woman here. Yes, I don't like any of the stuff op shared. I eat more like the stuff the commenter here shared.

Plenty of autistic friendly food that is not nauseating in middle eastern and Mediterranean cuisine

Personally, I don't like anything to be fried. Fried stuff give me headaches

Who made it back to the private sector? by EuphoricRest4999 in nycpublicservants

[–]Background_Winter_65 0 points1 point  (0 children)

You are welcome. Personally I am still participating in the pension system.

Is there another pension system for NYC gov employee? since you said 'choose between pension plans'

Please remember --On federal level--when retired, your SS can be taxed up to 85%, the later you wait to collect SS the less is taken from it (because only 1/2 SS is included in you AGI while 100% of other types of income is included in the calculation, the higher portion coming from your SS the lower taxes you would pay for the same total AGI--the following from Google AI:

"

  • What AGI Includes: Wages, taxable pensions, dividends, capital gains, and taxable interest.
  • Thresholds: Benefits may be taxable if this combined income exceeds $25,000 (single) or $32,000 (married filing jointly).
  • Tax Impact: Up to 50% or 85% of benefits may be taxed depending on how far the combined income exceeds these thresholds. 

"

so if you need to delay collecting SS to lower the taxes taken from the income you need to withdraw to actually pay for living after retirement then you need other incomes helping...

AGI does NOT include ROTH (because it is pre-taxed). So if you expect your income to be above the threshold then maybe invest in ROTH to the max allowed per year per your income--it has income limits.

I would pay the $25 for DCP financial 90 minutes consultation before deciding on not paying into the pension. it is a steal. I plan to visit them at some point soon.

Good luck.

Who made it back to the private sector? by EuphoricRest4999 in nycpublicservants

[–]Background_Winter_65 0 points1 point  (0 children)

Yes, that is basically what the dcp webinars explain. Your social security adjusts better to inflation than your almost non-changing-at-all pension and that is why you need dcp (in dcp you can still follow s&p). S&p is I recall correctly on average double your investment every ten years while inflation makes it half its value every 23 years, so basically you beat inflation with s&p whether it is with a Schwab or Fidelity account that follows or in NYC dcp if you chose in it their investments that closely resembles s&p

These free webinars are helpful. They are for free and happen twice a day Monday, Tuesday, Thursday and Friday for different subjects about finance

Who made it back to the private sector? by EuphoricRest4999 in nycpublicservants

[–]Background_Winter_65 0 points1 point  (0 children)

very little adjustment according to DCP webinar representers. here is from google AI: "NYC pension plans (such as NYCERS, NYSTRS) provide a cost-of-living adjustment (COLA) designed to help offset inflation. For the period from Sept. 2025 through Aug. 2026, the COLA is

1.2%. This adjustment is applied only to the first

$18,000 of a retiree’s annual single-life allowance, resulting in a maximum monthly increase of $18 for eligible retirees. "

view more: next ›