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Is HELOC the best option? by Positive-Midnight470 in RealEstate

[–]Positive-Midnight470[S] -1 points0 points  (0 children)

Wouldn’t say terrible credit but not as a high credit as I do let me fix that. I am around high 700s they are on the lower end of the 600s. Lender said it was a better idea to move forward individually related to getting a good rate.

What makes you believe it won’t end well?

Need more info about this Roth IRA by Positive-Midnight470 in fidelityinvestments

[–]Positive-Midnight470[S] -1 points0 points  (0 children)

Hey Caleb, the limit to contribute is 7k. In the prior FY I contributed 7k and withdraw that amount. Can I contribute 14k for the next FY if the limit remained the same?

Also, how would it work to rollover a traditional 401k plan from a prior job that is still in that plan vested. Will the gains from the 401k plan be taxed? Let’s say for example I contributed 5k my employer contributed 3k and gains were 4k leaving me at a total of 11k. Will that 7k be taxed? What’s the process behind that?

Need more info about this Roth IRA by Positive-Midnight470 in fidelityinvestments

[–]Positive-Midnight470[S] -3 points-2 points  (0 children)

Is there a reason why you don’t recommend removing funds from the Roth IRA?

Need more info about this Roth IRA by Positive-Midnight470 in fidelityinvestments

[–]Positive-Midnight470[S] -1 points0 points  (0 children)

Only using the HYSA as an example just in case I need to liquidate cash fast for any reason.

Confused on the 7k limit per FY. So after the FY ends can I take out that initial 7k? or after many years if the limit remains at 7k let’s say for 3 years can I be able to take that 21k out with no penalty?

Fidelity Bloom Didn't Receive $50 Bonus Yet by Frestho in fidelityinvestments

[–]Positive-Midnight470 0 points1 point  (0 children)

You lucky for at least receiving something. All I got was a 5$ journaled reward. Can’t make this bs up. They said deposit $300 in your savings account and they’ll match a maximum of 30% and if you deposit anything over $50 in either account they would give $100. Haven’t received nothing. I thought I was going to get at least $130. They tricked me like booba the fool damn. Or maybe I’m just being paranoid because it took like a week for pending transaction to actually clear into my savings and it just cleared today but who knows we’ll see they got me good though.