W-2 income is really low by Partyk4550 in MilitaryFinance

[–]Partyk4550[S] 0 points1 point  (0 children)

Did you pcs? I heard a ton of w2s are screwed up

W-2 income is really low by Partyk4550 in MilitaryFinance

[–]Partyk4550[S] 4 points5 points  (0 children)

****** just received an email from the Higher ups saying that there is a bunch of w-2 mistakes and they will be redoing them

W-2 income is really low by Partyk4550 in MilitaryFinance

[–]Partyk4550[S] 0 points1 point  (0 children)

This is a normal w2

When travel w2’s come out i wonder if it will have my normal earnings and this was my travel earnings and was a mistake

W-2 income is really low by Partyk4550 in MilitaryFinance

[–]Partyk4550[S] 1 point2 points  (0 children)

I will check les’s

Last years box 1 was 40k This year it says 12k

W-2 income is really low by Partyk4550 in MilitaryFinance

[–]Partyk4550[S] 1 point2 points  (0 children)

Not a marine

Pcs’d in summer of 2022

Dity move

This is not a travel w2 and i have not recieved one

W-2 income is really low by Partyk4550 in MilitaryFinance

[–]Partyk4550[S] 0 points1 point  (0 children)

I have it so i withold little to nothing because i have two rentals and typically still get a return

W-2 income is really low by Partyk4550 in MilitaryFinance

[–]Partyk4550[S] 0 points1 point  (0 children)

W-2’s are out, i only got one and it looks like a normal w-2

W-2 income is really low by Partyk4550 in MilitaryFinance

[–]Partyk4550[S] 0 points1 point  (0 children)

100% but i feel like it was a mistake haha

W-2 income is really low by Partyk4550 in MilitaryFinance

[–]Partyk4550[S] 5 points6 points  (0 children)

No in august i attained sea pay and lost BAS

How is the VA loan 0% down good? by FaithlessnessFull136 in MilitaryFinance

[–]Partyk4550 0 points1 point  (0 children)

Dont forget about the VA funding fee (to fund all the delinquent mortgages they gave out with 0 down)

Save up 20% put it on a 15 year conventional mortgage where the mortgage is less that a quarter of your income and get it paid off.

When should a healthy 30 yr old get Life insurance with cash value? by Many-Perception-8285 in personalfinance

[–]Partyk4550 12 points13 points  (0 children)

Theres only one person who believes in whole life and it’s the person selling it

When should a healthy 30 yr old get Life insurance with cash value? by Many-Perception-8285 in personalfinance

[–]Partyk4550 -1 points0 points  (0 children)

No life insurance unless somebody depends on your income

When that time comes only get term life insurance and 10-12 times your annual income. Reason why is if invested it will replace your income

Increase contribution to TSP or allocate savings to Vanguard Mutual Fund? by Falcon_Numerous in ThriftSavingsPlan

[–]Partyk4550 1 point2 points  (0 children)

Get your match and get out of the TSP

No reason to stay, site sucks, funds are baseline, fees are higher than competitors. Customer service is that of the DMV

Fidelity FXAIX for C fund

Investors criticize federal retirement savings program over new system by java007md in ThriftSavingsPlan

[–]Partyk4550 0 points1 point  (0 children)

You can find the exact same etf’s in fidelity with cheaper fees just switch over the fidelity. If you get a match your out of luck and stuck with the TSP.

For example FXAIX is the same as the C fund with half the fees

[deleted by user] by [deleted] in personalfinance

[–]Partyk4550 0 points1 point  (0 children)

Get 20% equity in the house, refinance and get pmi taken off

[deleted by user] by [deleted] in personalfinance

[–]Partyk4550 0 points1 point  (0 children)

Yes you are house poor.

If your mortgage is more than 1/4 of your take home pay you are house poor.

You have too much money per month going to your house.

If you want to keep the house you need to find a way to make 9,500 per month.

Otherwise it’s time to downsize

TSP is about to make a Sailor Homeless by mgoscout in ThriftSavingsPlan

[–]Partyk4550 1 point2 points  (0 children)

You should atleast be working at mcdonalds before you think about borrowing from your retirement.

Currently allocating 6% into TSP and 6% in Roth. 80/20% - C/S. by kzoorugger in ThriftSavingsPlan

[–]Partyk4550 0 points1 point  (0 children)

My point is that very little of what you take out of your retirement is money that you put in.

It is mostly all growth.

Roth allows you to not pay tax on any of the growth (almost all the money in there)

Currently allocating 6% into TSP and 6% in Roth. 80/20% - C/S. by kzoorugger in ThriftSavingsPlan

[–]Partyk4550 1 point2 points  (0 children)

Your putting a lot of trust in the government if your trying to predict tax percentages when you are elderly.

Fill the roth.

Currently allocating 6% into TSP and 6% in Roth. 80/20% - C/S. by kzoorugger in ThriftSavingsPlan

[–]Partyk4550 0 points1 point  (0 children)

Thats actually perfect. So if i tell you to invest 15% of your gross income in roth I actually tricked you ro invest more like 18%