- Jun 15, 2011
So I have yet another n00b question. What do I need to pick up my check if my Direct Deposit isn't quite set up? I know where to go in the store, but what will they need on my end?
Thanks! I'll have to remember that. I tried to set it up at my other job and it didn't work, so I guess I just didn't feel like bothering with it this time.@mrknownothing:
If you want to set up direct deposit, get a blank check (or deposit slip), log on to eHR & go to direct deposit. You'll need the routing numbers on the bottom of your check/dep slip to enter. It also gives you options if you want to route part of it to one acct & part to another (ie: savings). Then all you pick up is a paycheck stub which will list all your deductions, witholding, vac/ph, etc or you can go paperless & view all the info on eHR under "pay statement".
It's nice to have direct dep during inclement weather, holidays, etc.
You can't put in more than $5,000 a year in an IRA ($6,000 if you are 50 or older). The type of IRA (Roth or Traditional) determines whether you contribute with pre-tax money (traditional, like your 401k) or with after-tax money (Roth). If you plan on making more money at retirement than you do now (very likely for us working here), choose Roth.Depending on your Ira, it is suggested not to exceed 5k payments on it. That way you can take it off your taxes.
Right, thats what I said, that is how all Roth accounts (Roth IRA or Roth 401k) have always worked. You contribute money that has already been taxed. Your 401k right now is probably a traditional one, so you contribute money before tax is deducted from it.The law had changed on Roth for folks under 50. I had to pay tax on 2010 year.