Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [bonus]

48 questions
30
votes
8 answers

What are some creative ways to run up my credit card bill without any cost to me?

I got a new credit card with a very large signup bonus - as long as a minimum amount is spent on the card in the first 3 months. I usually don't go for things like this but in this case the bonus is so large that it's worth the hassle. The amount…
Jer
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6 answers

Are there any downsides to having a bigger salary rather than a bonus?

My company has consistently given out bonuses for the past few years and the bonuses have been gradually rising each year. Currently the bonuses are around 15-20% of my annual salary. I spoke to my manager about potentially moving some of this bonus…
Jsk
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15
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5 answers

How to value a bonus when evaluating a job offer?

If I have two job offers, one for £X and one for £Y + n% performance related bonus where the bonus is only paid annually, how should I compare them? The employer making the offer is being simplistic and simply adding n% onto their offer and claiming…
Roger Nolan
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14
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2 answers

Stock Split seems not to have changed the Share Price. Why?

I was recently looking at the financial charts of TCS(Tata Consultancy Services) and noticed that the TCS offered 1:1 bonus on 31st May, 2018. I noticed that the price of the share stock did not change. So i went on some other sites to verify and…
Mohit
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10
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1 answer

Defer bonus pay to next year

My employer offers the option of deferring my bonus payment to 2015 i.e instead of taking it in December, I have the option of taking it in 2015. Now, I understand if I was planning to retire/quit in 2015, I may want to take it in 2015 to reduce…
Victor123
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9
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6 answers

mortgage vs car loan vs invest extra cash?

I received a good bonus this year and am trying to figure out the best way to use it. I have no credit card or student debt, maintain an emergency fund, and am maxing out tax advantaged retirement savings; I'm also paying off two loans - a car loan…
Amie Williams
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8
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2 answers

If I'm cash-flow negative, should I dollar-cost-average the money from my bonus over the entire year?

I asked a similar question last year, and got great advice. This year, there's a new wrinkle. I previously had automatic investments set up to move a small amount of money each day from cash to a couple mutual funds. The amount that I would move…
Jer
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7
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2 answers

Maximize trading commission bonus

As a new client of a broker I'm given $300 of free commission on trading (basically on everything: stocks, options, futures etc). Is there a way to capitalize this bonus by creating some combination of trades?
KingBOB
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6
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4 answers

Should I put part of a generous bonus into my 401(k) account?

I am about to get a good bonus, should I take it all or let part of it go into my 401(k) account? Is it any different than if I decide to put similar amount of money in 401(k) at some other time of the year?
V_Singh
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1 answer

How is my joining bonus taxed if I am not in the work city when I receive it

I go to school in North Carolina and have a job offer from a company in California, if I were to accept the offer now I'd be getting my joining bonus right away although I'd be starting work in June, 2016. My question is, if I get the bonus now will…
Aadi Droid
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5
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4 answers

How are bonuses taxed? Why is withheld amount not same as final amount?

I have not found any clarity looking at a lot of search engine results and articles. Most articles state that there are 2 possibilities, that taxes from bonuses can be withheld at a flat 25% rate, or that it can be withheld based on income based on…
user2144412
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5
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1 answer

Won an incentive trip in 2013, left employer in 2014, received an earning statement with no cash but a huge tangible bonus listed

This is a crazy one but I hope someone can help point me in the right direction. I won a trip in 2013 and went on the trip in 2013, the company did NOT list the trip as a bonus in the tax year of 2013 I continued to work for the company for part of…
A P
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5
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1 answer

What are the US federal tax implications of a forfeited signing bonus?

Example scenario: I accept a job that pays me a signing bonus. I accept the job, and I receive my signing bonus, which is taxed appropriately. However, there is a clause in my agreement that states that if I leave my place of employment before a…
NegativeFriction
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4
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1 answer

Is Robinhood's 3% bonus on IRA transfers legit? What's the catch?

As part of their "Hood Week" promotion Robinhood is currently offering a 3% uncapped bonus on IRA transfers. If you transfer a Roth or traditional IRA from another institution, they will immediately pay 3% of the total value transferred into your…
Robert
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4
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2 answers

How is a signing bonus given over multiple years taxed?

In Fall of 2018 I was a senior in college and I accepted a job offer with a signing bonus of $10k. $5k of that was deposited to my bank account in 2018 and the other $5k (after some taxes) was deposited in 2019 when I started the job. I live in the…
Pie Junkie
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