Mustachian People Problems (just for fun)

[Josiecat22222]

@Taran Wanderer , @ChpBstrd and @Hadilly ; patagonia repairs their stuff, but I also just saw a cool company called "NOSO" which makes some pretty badass looking patches to fix outdoor gear (https://nosopatches.com/shop-noso/)

Need to get one to put on my favorite patagonia down vest, which is now sprouting feathers!!!  I love the idea of patching a well loved article of clothing to keep it in use!!

[Alternatepriorities]

New MPP: I can't get excited about these new "features" my bank is offering.

Even if I were running my checking account with margins thin enough for it to matter I honestly can't see how getting paid "up to" two days earlier would be helpful. They're not promising it will always be there two days sooner, so how could a responsible person plan for to be there?

As for the overdraft protection, in 20 years with the bank, the only overdraft occurred when a friends gave me a large rubber check and they credited my account for the full amount before verifying that he had the funds... Which is basically the same "feature" they are offering on direct deposits now. I'd much rather know the money is really there.

[LennStar]

New MPP: I can't get excited about these new "features" my bank is offering.

Even if I were running my checking account with margins thin enough for it to matter I honestly can't see how getting paid "up to" two days earlier would be helpful. They're not promising it will always be there two days sooner, so how could a responsible person plan for to be there?

Um... if they have the payment information, why can't they pay out normally? Do they have to expect the bank the money is coming from may be retroactivly bankrupt?
Or that some cheque thing and the employers gives the bank a lot of paper cheques for... no, that doesn't work out too.

And yes, I can't see where 2 days would make a difference normally. Depending on the weekday and God's Will my payment may be 4 days later than the earliest day of the month. I couldn't tell you one day for sure when it came in the last 6 month. And I run my account on just 200€ minimum margin. Though I probably should up that a bit since they got rid of the (already decreased a year ago) overdraft credit. I only used that once in my life (when 2 bigger unexpected things happened) and that only because I didn't want to bring 56€ emergency cash for 10 days to the bank until the next money came in.

[Alternatepriorities]

New MPP: I can't get excited about these new "features" my bank is offering.

Even if I were running my checking account with margins thin enough for it to matter I honestly can't see how getting paid "up to" two days earlier would be helpful. They're not promising it will always be there two days sooner, so how could a responsible person plan for to be there?

Um... if they have the payment information, why can't they pay out normally? Do they have to expect the bank the money is coming from may be retroactivly bankrupt?
Or that some cheque thing and the employers gives the bank a lot of paper cheques for... no, that doesn't work out too.

And yes, I can't see where 2 days would make a difference normally. Depending on the weekday and God's Will my payment may be 4 days later than the earliest day of the month. I couldn't tell you one day for sure when it came in the last 6 month. And I run my account on just 200€ minimum margin. Though I probably should up that a bit since they got rid of the (already decreased a year ago) overdraft credit. I only used that once in my life (when 2 bigger unexpected things happened) and that only because I didn't want to bring 56€ emergency cash for 10 days to the bank until the next money came in.

Normally when DW gets her direct deposit it's on the always on the 1st and 15th of the month. Unless that day falls on the weekend in which case her employer will do it on the Friday before. I don't know what scenario would make it helpful to get that two days earlier. Even if it was helpful for someone living on the edge, once they got used to it, they'd just be two days closer to missing a payment.

I suppose as one of the largest banks it is a interesting way to artificially increase the money supply temporarily. Seems kind of silly to do it that way though.

[Sibley]

New MPP: I can't get excited about these new "features" my bank is offering.

Even if I were running my checking account with margins thin enough for it to matter I honestly can't see how getting paid "up to" two days earlier would be helpful. They're not promising it will always be there two days sooner, so how could a responsible person plan for to be there?

Um... if they have the payment information, why can't they pay out normally? Do they have to expect the bank the money is coming from may be retroactivly bankrupt?
Or that some cheque thing and the employers gives the bank a lot of paper cheques for... no, that doesn't work out too.

And yes, I can't see where 2 days would make a difference normally. Depending on the weekday and God's Will my payment may be 4 days later than the earliest day of the month. I couldn't tell you one day for sure when it came in the last 6 month. And I run my account on just 200€ minimum margin. Though I probably should up that a bit since they got rid of the (already decreased a year ago) overdraft credit. I only used that once in my life (when 2 bigger unexpected things happened) and that only because I didn't want to bring 56€ emergency cash for 10 days to the bank until the next money came in.

Normally when DW gets her direct deposit it's on the always on the 1st and 15th of the month. Unless that day falls on the weekend in which case her employer will do it on the Friday before. I don't know what scenario would make it helpful to get that two days earlier. Even if it was helpful for someone living on the edge, once they got used to it, they'd just be two days closer to missing a payment.

I suppose as one of the largest banks it is a interesting way to artificially increase the money supply temporarily. Seems kind of silly to do it that way though.

For the people on this forum, it probably doesn't matter. You are not the target audience.

[ChickenStash]

I know of one credit union here that does the "early pay" deal but I haven't seen them advertise it in that way. A coworker uses them as his direct deposit target and he always has his pay available the day before the official payday. The rest of us have to wait on pins and needles for midnight of the official payday.

I'm assuming the direct deposit processing pre-stages the transactions a day or so ahead of time then they "go live" at the desired pay time. This looks like they are just making things available ahead of schedule. I'd guess there's some fine print about pulling the money back if the transaction has problems - could make for even more overdraw excitement.

[Alternatepriorities]

For the people on this forum, it probably doesn't matter. You are not the target audience.

Which is why it's a MPP. My thought was just that it doesn't really help it's target audience either if it is relied on with any regularity and then one month the "up to" two days early part doesn't happen.

[Sibley]

For the people on this forum, it probably doesn't matter. You are not the target audience.

Which is why it's a MPP. My thought was just that it doesn't really help it's target audience either if it is relied on with any regularity and then one month the "up to" two days early part doesn't happen.

One thing which is nice is that if it hits "early" that means that it's gone through the bank's processing fully so doesn't show as pending. Otherwise, when I do my banking over the weekend my paycheck, which was deposited on Friday, doesn't actually import to Quicken until Monday.

I also have a gap between when the Discover payment hits Discover (first) and when it hits the checking account (several days later). That one annoys me greatly when it happens to fall at the same time I do my monthly checking recon, so I actively try to time payments to avoid that situation.

[ChickenStash]

On the topic of pay... My MPP is my employer just announced that they are going to switch from paying every two weeks to weekly in a few months. I'm fairly sure they are going to mess up my direct deposits to my rIRA and brokerage for a few weeks. I'll also have to redo my auto-invest rules and withdrawals to match the new timing. Waste of time but Oh Well.

[Catbert]

For the people on this forum, it probably doesn't matter. You are not the target audience.

I also have a gap between when the Discover payment hits Discover (first) and when it hits the checking account (several days later). That one annoys me greatly when it happens to fall at the same time I do my monthly checking recon, so I actively try to time payments to avoid that situation.

Sibley - You could ask Discover to change your due date if the current one is annoying.  I have all my credit cards set to be due around the 25th.  In my case it's because I like getting the bills the same week so I can review and deal with all at the same time.

[Sibley]

For the people on this forum, it probably doesn't matter. You are not the target audience.

I also have a gap between when the Discover payment hits Discover (first) and when it hits the checking account (several days later). That one annoys me greatly when it happens to fall at the same time I do my monthly checking recon, so I actively try to time payments to avoid that situation.

Sibley - You could ask Discover to change your due date if the current one is annoying.  I have all my credit cards set to be due around the 25th.  In my case it's because I like getting the bills the same week so I can review and deal with all at the same time.

I schedule based on cash flow availability, so changing the due date wouldn't help. I also do banking weekly and some weeks are lighter than other weeks.

I just wish the banking system in the US could join the 21st century.

[zolotiyeruki]

On the topic of pay... My MPP is my employer just announced that they are going to switch from paying every two weeks to weekly in a few months. I'm fairly sure they are going to mess up my direct deposits to my rIRA and brokerage for a few weeks. I'll also have to redo my auto-invest rules and withdrawals to match the new timing. Waste of time but Oh Well.

This year, my employer switched from monthly paychecks to bi-weekly.  From what I hear, it's easier for the employees who are paid hourly, since their paychecks will now be consistent.  For the salaried folks, it's just annoying.

[rantk81]

I've worked at places that have paid every 2 weeks... and at places that have paid twice per month.  Never worked for a place that paid once per month....

[RWD]

I've worked at places that have paid every 2 weeks... and at places that have paid twice per month.  Never worked for a place that paid once per month....

My wife is paid twice per month, but contributions to her retirement plan are only made once per month (and of course not on the same day as one of the paychecks). Makes accounting a pain to link the paychecks with contributions.

[ChickenStash]

On the topic of pay... My MPP is my employer just announced that they are going to switch from paying every two weeks to weekly in a few months. I'm fairly sure they are going to mess up my direct deposits to my rIRA and brokerage for a few weeks. I'll also have to redo my auto-invest rules and withdrawals to match the new timing. Waste of time but Oh Well.

This year, my employer switched from monthly paychecks to bi-weekly.  From what I hear, it's easier for the employees who are paid hourly, since their paychecks will now be consistent.  For the salaried folks, it's just annoying.

Just to add on, the selling points they are pushing is that people will get paid faster, and less delay for new hires to get their first check. The salaried folks are mostly just shrugging from what I've seen. On the hourly side, there's been a fair amount of negative feedback. We have a lot of different schedules that can make weekly pay interesting for the employee. One case is the folks that work 7-on 7-off. With the split of the insurance deductions to every week, there are going to be some weeks where they are technically negative and have to carry over to the next week. It'll all work out to the same amount of pay but it looks very messy for some.

I'm guessing from part of the announcement that the real driver is that we've done some acquisitions with more planned and it's probably killing the payroll department trying to sync the previous orgs' pay schedule into ours so going to a lowest common denominator of paying weekly fixes the current mess and makes for an easier transition for future onboarding.

[Taran Wanderer]

On the topic of pay... My MPP is my employer just announced that they are going to switch from paying every two weeks to weekly in a few months. I'm fairly sure they are going to mess up my direct deposits to my rIRA and brokerage for a few weeks. I'll also have to redo my auto-invest rules and withdrawals to match the new timing. Waste of time but Oh Well.

This year, my employer switched from monthly paychecks to bi-weekly.  From what I hear, it's easier for the employees who are paid hourly, since their paychecks will now be consistent.  For the salaried folks, it's just annoying.

My previous employer switched from twice monthly to every other week.  My current employer pays twice monthly.  There are pluses and minuses about both, but my ability to pay bills is now independent of my income, so I don't care so much.

The big benefit of paying every other Friday is for the payroll team.  The workweek is Sunday through Saturday, and payroll is the following Friday.  Monday holidays no longer have a major impact on payroll.  Friday holidays (like Christmas or New Year's or Independence Day sometimes) can impact it every 5 years or so.  The Thanksgiving week can be a problem every other year or so.  But the rest of the year it's a smooth transition from end of pay period to payroll date with an extra day or two (most of the time) to ensure payroll accuracy.

[TomTX]

Darn IRS.

Yes, you finally sent my refund in December for a relatively simple 1040 filed electronically, on time and which you had immediately accepted.

In response to my November complaint, you even sent a funds release letter noting that the paper I-bonds portion of my refund would take about 3 weeks of processing and would arrive later.

You failed to notice that you electronically deposited the entire refund. Now I have $5k just sitting in a dumb savings account, and I can't do anything with it because you may reverse the excess deposit at any time. Plus it's nearly impossible to talk to a real person with real authority to do anything.

[1FACTORY174!]

I totally forgot to change the oil in my car because I was only looking at the number of km driven since the last change. I completely forgot that the date matters too. Oops.

Asked my mechanic about this, he said the newer synthetic oils last longer than the date and to go by mileage.

I change my oil synthetic of course every 3k miles mobil 1,can let oil be changed much later yet new engines are more than a 50 dollar oil change..

Sent from my SM-A426U using Tapatalk

[zolotiyeruki]

Darn IRS.

No joke.  My 16-year-old daughter got a letter from them this week, requesting some additional documentation for her return.  Which we filed well before the deadline.  And her income was low enough that her tax was $0.

[BicycleB]

Darn IRS.

No joke.  My 16-year-old daughter got a letter from them this week, requesting some additional documentation for her return.  Which we filed well before the deadline.  And her income was low enough that her tax was $0.

Of course they were suspicious! How dare she not pay them anything? :)

[fuzzy math]

DH and I both have our paychecks post 1-2 days early. The money being there early is certainly nice (but not necessary with our financial situation) but it just makes me start getting restless for the actual payday when my retirement contributions post, and for DH's 2-3 days after actual payday with his contributions post. Its like an unwelcome extra early alert system!

[Alfred J Quack]

Had some (totally facepunch worthy) expenses this month and had to compensate from the cash fund. I was looking in horror how it nearly went below 50k, can you imagine?
10 years ago at this time we sold my appartment at a 13k loss, now we're mortgage free with a nice 2 year plus savings in the bank and building on our investment funds 😊

[Dollar Slice]

I had kind of a rough month, and I decided to treat myself by buying myself a little Hanukkah gift, a mug with a funny quote from a fictional character I always liked. NBD, but the kind of thing that's just enough overpriced that you'd never buy it normally. Mustachian run wild, I know!

It came in the mail today and as I was washing it and putting it in the cabinet with the other mugs, I was looking at what was in there and I realized... this is the first mug I have ever purchased. In my entire life. I'm 45. I have this terrible collection of mugs I've been given: one hand-me-down from my mom's old set (used to have two but one broke), two that my aunt gave me that don't fit my aesthetic in the slightest (tall white slanty-shaped things with black swirly shapes on them, kind of Dr. Seussy), one cup and saucer set from a chocolate shop I like which is really impractically shaped, and several mugs that my old boss gave me when I was about 21 - stuff that her husband got for free from various work events, which were all a variety of automotive companies and academia that was mostly in Japanese. So here's me, Slicey, environmentalist who has never owned a car, drinking out of a Harley Davidson mug and a Mercedes Benz mug covered in Japanese writing which I can't read. It's weird.

But you don't throw away perfectly good dishes, and who needs to buy new mugs when you've got plenty of perfectly good ones in the cabinet? I almost wish I was more prone to breaking things. 

[Dicey]

I totally forgot to change the oil in my car because I was only looking at the number of km driven since the last change. I completely forgot that the date matters too. Oops.

Asked my mechanic about this, he said the newer synthetic oils last longer than the date and to go by mileage.

I change my oil synthetic of course every 3k miles mobil 1,can let oil be changed much later yet new engines are more than a 50 dollar oil change..

Sent from my SM-A426U using Tapatalk

Your response is rather garbled, so forgive me if I've misunderstood: are you saying you pay extra for synthetic oil, then change it well before the recommended interval? If that's correct, why would you waste resources like that? That would be very anti-mustachian, which is a whole different thread.

[fuzzy math]

I had kind of a rough month, and I decided to treat myself by buying myself a little Hanukkah gift, a mug with a funny quote from a fictional character I always liked. NBD, but the kind of thing that's just enough overpriced that you'd never buy it normally. Mustachian run wild, I know!

It came in the mail today and as I was washing it and putting it in the cabinet with the other mugs, I was looking at what was in there and I realized... this is the first mug I have ever purchased. In my entire life. I'm 45. I have this terrible collection of mugs I've been given: one hand-me-down from my mom's old set (used to have two but one broke), two that my aunt gave me that don't fit my aesthetic in the slightest (tall white slanty-shaped things with black swirly shapes on them, kind of Dr. Seussy), one cup and saucer set from a chocolate shop I like which is really impractically shaped, and several mugs that my old boss gave me when I was about 21 - stuff that her husband got for free from various work events, which were all a variety of automotive companies and academia that was mostly in Japanese. So here's me, Slicey, environmentalist who has never owned a car, drinking out of a Harley Davidson mug and a Mercedes Benz mug covered in Japanese writing which I can't read. It's weird.

But you don't throw away perfectly good dishes, and who needs to buy new mugs when you've got plenty of perfectly good ones in the cabinet? I almost wish I was more prone to breaking things.

You could always go exchange them at the goodwill $1 a pop for more appealing options. I once read an article about using the goodwill as a rental service... donate stuff and then if you need it go rent it again.

[charis]

I had kind of a rough month, and I decided to treat myself by buying myself a little Hanukkah gift, a mug with a funny quote from a fictional character I always liked. NBD, but the kind of thing that's just enough overpriced that you'd never buy it normally. Mustachian run wild, I know!

It came in the mail today and as I was washing it and putting it in the cabinet with the other mugs, I was looking at what was in there and I realized... this is the first mug I have ever purchased. In my entire life. I'm 45. I have this terrible collection of mugs I've been given: one hand-me-down from my mom's old set (used to have two but one broke), two that my aunt gave me that don't fit my aesthetic in the slightest (tall white slanty-shaped things with black swirly shapes on them, kind of Dr. Seussy), one cup and saucer set from a chocolate shop I like which is really impractically shaped, and several mugs that my old boss gave me when I was about 21 - stuff that her husband got for free from various work events, which were all a variety of automotive companies and academia that was mostly in Japanese. So here's me, Slicey, environmentalist who has never owned a car, drinking out of a Harley Davidson mug and a Mercedes Benz mug covered in Japanese writing which I can't read. It's weird.

But you don't throw away perfectly good dishes, and who needs to buy new mugs when you've got plenty of perfectly good ones in the cabinet? I almost wish I was more prone to breaking things.

You could always go exchange them at the goodwill $1 a pop for more appealing options. I once read an article about using the goodwill as a rental service... donate stuff and then if you need it go rent it again.

An well quoted line in my household comes from this Bob's Burgers exchange (we often return items to goodwill and pick up "new ones"):

Bob: I'm back from the thrift store.
Linda: Did you say goodbye to our old clothes? Were they sad?
Bob: I think they were happy to be back.

[fuzzy math]

An well quoted line in my household comes from this Bob's Burgers exchange (we often return items to goodwill and pick up "new ones"):

Bob: I'm back from the thrift store.
Linda: Did you say goodbye to our old clothes? Were they sad?
Bob: I think they were happy to be back.

LOL. I need to give bob's burgers another chance. Everyone loves it and it seems much of the humor is generally my style. I tried watching the first episode and it was about the teenage daughter having an itchy crotch. I couldn't get past that and gave up.

[charis]

It's a gem, and teen hygiene is not a common topic, if helps.

I now have a mustachian problem to submit.  We have to request increased contributions to my and my spouse's 3 retirement accounts in December to account for the 22,500 max starting in January 2023, and it's a tricky balance because 90% of spouse's salary is auto-diverted retirement accounts.  Well we forgot about one of spouse's accounts until yesterday, so it's not effective until the second paycheck of January.  I did a quick recalculation for the distribution with one fewer check and submitted a new request today (hopefully that doesn't fun afoul of some unknown small print).  I guess one larger paycheck is not really "a problem" for most.

[Alternatepriorities]

I totally forgot to change the oil in my car because I was only looking at the number of km driven since the last change. I completely forgot that the date matters too. Oops.

Asked my mechanic about this, he said the newer synthetic oils last longer than the date and to go by mileage.

I change my oil synthetic of course every 3k miles mobil 1,can let oil be changed much later yet new engines are more than a 50 dollar oil change..

Sent from my SM-A426U using Tapatalk

Your response is rather garbled, so forgive me if I've misunderstood: are you saying you pay extra for synthetic oil, then change it well before the recommended interval? If that's correct, why would you waste resources like that? That would be very anti-mustachian, which is a whole different thread.

Yeah... My main takeaway from the comment was "wow this thread is more than 8 years old!"

[Dicey]

I totally forgot to change the oil in my car because I was only looking at the number of km driven since the last change. I completely forgot that the date matters too. Oops.

Asked my mechanic about this, he said the newer synthetic oils last longer than the date and to go by mileage.

I change my oil synthetic of course every 3k miles mobil 1,can let oil be changed much later yet new engines are more than a 50 dollar oil change..

Sent from my SM-A426U using Tapatalk

Your response is rather garbled, so forgive me if I've misunderstood: are you saying you pay extra for synthetic oil, then change it well before the recommended interval? If that's correct, why would you waste resources like that? That would be very anti-mustachian, which is a whole different thread.

Yeah... My main takeaway from the comment was "wow this thread is more than 8 years old!"

1FACTORY174!'s garbled comment was made on 12/22/22.

I actually enjoy necroposts, especially if they're updates. Often newcomers stumble on old threads, giving them a new life, which is fine by me. There's a ton of good stuff in our boneyard. Also, I think @TrMama is still around, which is a nice bonus.

[Alternatepriorities]

I totally forgot to change the oil in my car because I was only looking at the number of km driven since the last change. I completely forgot that the date matters too. Oops.

Asked my mechanic about this, he said the newer synthetic oils last longer than the date and to go by mileage.

I change my oil synthetic of course every 3k miles mobil 1,can let oil be changed much later yet new engines are more than a 50 dollar oil change..

Sent from my SM-A426U using Tapatalk

Your response is rather garbled, so forgive me if I've misunderstood: are you saying you pay extra for synthetic oil, then change it well before the recommended interval? If that's correct, why would you waste resources like that? That would be very anti-mustachian, which is a whole different thread.

Yeah... My main takeaway from the comment was "wow this thread is more than 8 years old!"

1FACTORY174!'s garbled comment was made on 12/22/22.

I actually enjoy necroposts, especially if they're updates. Often newcomers stumble on old threads, giving them a new life, which is fine by me. There's a ton of good stuff in our boneyard. Also, I think @TrMama is still around, which is a nice bonus.

Yeah it can be interesting to see the old posts come up again. I was just shocked that I've been reading the forum and this thread that long.

[RWD]

My company overcontributed to my HSA. Again. The contribution form even has a "100%" checkbox that I used and they still messed it up... I guess I need to plan on slightly less than max since they can't seem to figure this out (even though the 401k contributions cut off at max just fine).

[charis]

My company overcontributed to my HSA. Again. The contribution form even has a "100%" checkbox that I used and they still messed it up... I guess I need to plan on slightly less than max since they can't seem to figure this out (even though the 401k contributions cut off at max just fine).

My company does not calculate HSA contributions or do a max cut off.  We have to be aware of our pass-through plan contribution amount, subtract that, and pick a contribution amount that doesn't go over the max.

[rantk81]

MPP: Knowing that this is the year where I'll hit the 2nd SS Bend Point (heck, even knowing what SS Bend Points are, might be a MPP), and factoring that in my decision that it's probably time to stop OMY'ing.

[Alternatepriorities]

MPP: Knowing that this is the year where I'll hit the 2nd SS Bend Point (heck, even knowing what SS Bend Points are, might be a MPP), and factoring that in my decision that it's probably time to stop OMY'ing.

I'm pretty sure this is just good sense! :)

[jeninco]

Preamble: I do consulting. Have since my oldest kid was born. It's somewhere on the 0 - 50 hrs/week range, only on the top side for a couple of weeks/year, mostly around quarter - third time. I like my co-workers and manager, I enjoy the work, it gives me stuff to think about, and I feel like I'm actually contributing to a better world.

My MPP: I was talking with a sort-of-friend sort-of- acquaintance about doing some work for his company, and the end of the conversation was that I'm more qualified, but the corporate overlords would prefer to use someone internal. So, as we signed off, I said "you find out what you can do -- the project sounds interesting and fun, but I'm fine either way."  And I realized that I absolutely meant it, which is a weird perspective shift!

Update: they just called, the project is on. Should be fun!

[ysette9]

My company overcontributed to my HSA. Again. The contribution form even has a "100%" checkbox that I used and they still messed it up... I guess I need to plan on slightly less than max since they can't seem to figure this out (even though the 401k contributions cut off at max just fine).

My company does not calculate HSA contributions or do a max cut off.  We have to be aware of our pass-through plan contribution amount, subtract that, and pick a contribution amount that doesn't go over the max.

Totally lame

[ysette9]

Preamble: I do consulting. Have since my oldest kid was born. It's somewhere on the 0 - 50 hrs/week range, only on the top side for a couple of weeks/year, mostly around quarter - third time. I like my co-workers and manager, I enjoy the work, it gives me stuff to think about, and I feel like I'm actually contributing to a better world.

My MPP: I was talking with a sort-of-friend sort-of- acquaintance about doing some work for his company, and the end of the conversation was that I'm more qualified, but the corporate overlords would prefer to use someone internal. So, as we signed off, I said "you find out what you can do -- the project sounds interesting and fun, but I'm fine either way."  And I realized that I absolutely meant it, which is a weird perspective shift!

Update: they just called, the project is on. Should be fun!

What a great position to be in. Enjoy the project!

[rantk81]

My company overcontributed to my HSA. Again. The contribution form even has a "100%" checkbox that I used and they still messed it up... I guess I need to plan on slightly less than max since they can't seem to figure this out (even though the 401k contributions cut off at max just fine).

My company does not calculate HSA contributions or do a max cut off.  We have to be aware of our pass-through plan contribution amount, subtract that, and pick a contribution amount that doesn't go over the max.

Totally lame

Name and shame!  What company is contracted to do the payroll?  It must be a small outfit if they don't get HSA cut-offs right.

[RWD]

My company overcontributed to my HSA. Again. The contribution form even has a "100%" checkbox that I used and they still messed it up... I guess I need to plan on slightly less than max since they can't seem to figure this out (even though the 401k contributions cut off at max just fine).

My company does not calculate HSA contributions or do a max cut off.  We have to be aware of our pass-through plan contribution amount, subtract that, and pick a contribution amount that doesn't go over the max.

Totally lame

Name and shame!  What company is contracted to do the payroll?  It must be a small outfit if they don't get HSA cut-offs right.

My company uses UltiPro. Wikipedia says they have 5,000+ employees, so not a small outfit at all.

[ProxyRetired]

I get paid on the 15th and 30th of each month. if the payday falls on a weekend, we get paid the Friday before. Our pay check posts to the system five days before the actual payday. I check it to see how much my check has varied. It gives me a about five days to budget/plan before the check lands.

I went to check this morning and nothing was posted. I pinged the morning HR person, who had no idea what I was talking about.

Them: "You get paid today?"
Me: "No, it publishes in the system. We get paid Friday."
Them: "Oh, I've never looked at my paystub before."
Me: "Oh. How do you know if something messed up?"
Them: "I just spend what they pay me."

[rantk81]

Them: "Oh, I've never looked at my paystub before."
Me: "Oh. How do you know if something messed up?"
Them: "I just spend what they pay me."

Holy $#!+!  That's someone in HR who is also your payroll contact?  Wow!

[LennStar]

Them: "Oh, I've never looked at my paystub before."
Me: "Oh. How do you know if something messed up?"
Them: "I just spend what they pay me."

Holy $#!+!  That's someone in HR who is also your payroll contact?  Wow!

I see a possibility of massive savings!

[SwordGuy]

So, the title of this thread is "Mustachian People Problems (just for fun)", so I'll share a story.

Years back, my wife and I were trying to understand where we were spending our money so we -- oh, heck, you know why!

I asked my wife how much she was spending on gasoline to go to work each month so I could put that into our spreadsheet.

What she didn't know is that whenever I had to run a quick errand to the store I would often use her car and fill it up with gas as an "I love you".  I had been doing this for years.

So she couldn't actually remember the last time she had gotten gasoline for her car.   I kept asking her for several months before I fessed up.

[Miss Piggy]

What she didn't know is that whenever I had to run a quick errand to the store I would often use her car and fill it up with gas as an "I love you".  I had been doing this for years.

So she couldn't actually remember the last time she had gotten gasoline for her car.   I kept asking her for several months before I fessed up.

@SwordGuy As someone who absolutely hates pumping gas, I have such a deep appreciation for this!

Full disclosure: I bought a plug-in hybrid almost solely because I hate pumping gas. That was about 9 years ago; I'm still driving that car, and I can count on one hand the number of times I pump gas in a year. And yes, usually my husband is the one actually doing the gas pumping.

[ProxyRetired]

Them: "Oh, I've never looked at my paystub before."
Me: "Oh. How do you know if something messed up?"
Them: "I just spend what they pay me."

Holy $#!+!  That's someone in HR who is also your payroll contact?  Wow!

Yep. I don't get it. They've messed up payroll before (our parent company accidently took $600 out of my check), but I've caught it before it hit my bank account.

[CatamaranSailor]

My current employer uses a truly awful company for their 401(k). I've been pushing for them to switch providers (and they seem open to the idea, just moving slowly).

So, my problem is this...open an account with the shit company or keep pushing them to switch while not being about to take advantage of a 401(k) at all? Still saving and still funding IRA's but it's truly bugging.

[Sugaree]

My company overcontributed to my HSA. Again. The contribution form even has a "100%" checkbox that I used and they still messed it up... I guess I need to plan on slightly less than max since they can't seem to figure this out (even though the 401k contributions cut off at max just fine).

My company does not calculate HSA contributions or do a max cut off.  We have to be aware of our pass-through plan contribution amount, subtract that, and pick a contribution amount that doesn't go over the max.

Mine doesn't either, but we we have at least three HDHP options that may or may not have the same passthrough amount so it makes sense that they wouldn't be able to calculate the cutoff. 

[zolotiyeruki]

My MPP:  our payroll/401k/etc company (Paychex) doesn't allow for a mega backdoor Roth. I'm finally at an income level where it's relevant to me, and I can't do it :(

[glacio09]

My MPP:  our payroll/401k/etc company (Paychex) doesn't allow for a mega backdoor Roth. I'm finally at an income level where it's relevant to me, and I can't do it :(

I think I'm approaching that level and will need to have that conversation soon.

Right now I have a problem one below that. I'm doing my first backdoor Roth IRA conversion because there's a chance with raises and bonuses I could go over the limit this year. I opened the traditional IRA account last Tuesday and moved the $6,500 in. On Friday the website said the money was in the money market account. Perfect. So I tried to move it to the Roth account. Error. I tried Monday. Error. Today (Tuesday). Error. I finally asked for help and was told that the money will fully settle on Thursday for me to move it. I have been shitting bricks for a week. This is my first time doing "advanced" loophole finances and I was so worried that I screwed up already. So thankful that I have an actual timeline now.

On a lighter note, I've been reading old journals and it is nerve wracking reading pre-2020 started journals. It's like watching a horror movie and knowing that the killer is behind the door, but you can't warn them.