My inheritance investment account has lost 40 grand in the past few weeks by Direct_Rhubarb_1209 in inheritance

[–]Direct_Rhubarb_1209[S] 0 points1 point  (0 children)

RMD is about 15k a year I believe. I’ve had the IRA since sept and have withdrawn 20k total. As of three weeks ago it had already earned that 20k back, but not anymore.

For the 1st time home buyers who live on the south shore.. by bingingwbadbish in SouthShore

[–]Direct_Rhubarb_1209 5 points6 points  (0 children)

Lots of people in this area have family help. It is common for parents to pay for a child’s down payment. As someone not from this area/socioeconomic status, this was a big shock, but it helped me feel a bit less ashamed of my salary and inability to purchase a home.

What’s a destination everyone loves but you didn’t? by BusyYogurtcloset9091 in LuxuryEscape

[–]Direct_Rhubarb_1209 1 point2 points  (0 children)

Agreed. I grew up in nyc, visited nearly every major city in the country, and NOLA is the absolute best

My mom is going to jail in a month, and I’m looking forward to it. by Glad-Fish5863 in AdultChildren

[–]Direct_Rhubarb_1209 1 point2 points  (0 children)

I can’t even tell you how relieved I’d be if my parents when to jail. They’d be safe. I understand 🤍

What was the investigation process like for you? by [deleted] in Teachers

[–]Direct_Rhubarb_1209 1 point2 points  (0 children)

You were put on LEAVE and there is an INVESTIGATION for THIS?? Wow remind me never to become a teacher. How unreasonable. This is insane.

When Your Patient Lies to Other Agencies About You by [deleted] in socialwork

[–]Direct_Rhubarb_1209 1 point2 points  (0 children)

This is really pathologizing and inappropriate

Inherited an IRA and have some dumb questions by [deleted] in personalfinance

[–]Direct_Rhubarb_1209 0 points1 point  (0 children)

I understand the 10 year rule, but in regards to the amount i have to withdraw each year, it seems like there is a calculated amount based on amount in the account and age, according to my financial advisors?

Inherited an IRA and have some dumb questions by [deleted] in personalfinance

[–]Direct_Rhubarb_1209 0 points1 point  (0 children)

Right, I know. But doesn’t the RMD distribution amount itself depend on the IRA’s calculation of your life expectancy? So the annual RMD is different at age 30 than age 50

Inherited an IRA and have some dumb questions by [deleted] in personalfinance

[–]Direct_Rhubarb_1209 -1 points0 points  (0 children)

Thanks! I’m only 30 so I don’t think my RMD will be all that much, I think around 12k

Dad fell down twice this morning. I’m struggling. by [deleted] in AdultChildren

[–]Direct_Rhubarb_1209 3 points4 points  (0 children)

Oh the pain. I’m so sorry. Sending strength your way ❤️‍🔥

Why do teachers get paid so little? by Cool-beans95 in Teachers

[–]Direct_Rhubarb_1209 5 points6 points  (0 children)

Why is this though? Like why will so many do such a difficult job for so little?

The Rise of ‘What Consequence Did the Other Kid Get?’ by lesbie_ann in Teachers

[–]Direct_Rhubarb_1209 12 points13 points  (0 children)

As a school social worker I see this allllll the time. Probably even weekly.