Since I just finished paying back the SS taxes from when they didn't withhold them the last few months of 2020, I got a corrected W-2 for that year. I really hated that supposed tax holiday. It has caused more issues than anything else. I hope that I don't have to go back & refile for 2020. The guidance says that you don't have to if you had just one job, but I was working three jobs in 2020. Thankfully, the other 2 jobs were smart enough to opt of the tax pause. As a federal employee I didn't have that option. (I think only one agency was able to opt out.) What a mess!
Archive for January, 2022
Happy New Year! I wish you and yours happiness & health in 2022. I meant to post at least once in December, but with the busyness of the holidays time got away from me. 🎄
I celebrated a birthday last month. I celebrated by going out to lunch with my parents. They rarely eat out since the pandemic began & with Omicron I doubt they'll be doing it again anytime soon. 🎂
My sisters came home for Christmas. It was so good to see my niece & nephew for the first time since Christmas 2019. My younger sister flew home, while my older sister & her family drove from Virginia. We had an outdoor Christmas Day gathering with extended family. For once I was thankful for a warm Christmas! The high was 80 degrees here on Christmas Day. ☀️
I leave Wednesday for Nashville. There's a 40% chance of snow there on Thursday. I'm looking forward to my trip. I ordered some KN95 masks to wear. While I wore cloth masks in New York & was fine, with this new more contagious variant I thought it would be good to get more effective masks. Where we are going is requiring vaccination for entrance & I'm thankful for that. 😷
I did my budgeting this morning since it's the first of the month & year. Nobember & December were high-spending months. I appreciate the cash my parents have me for my birthday & Christmas. My investments grew over $56k last month. I placed a trade for $6k to my IRA today. I was going to do $500 monthly contributions, but got inspired to go all in today. 💰
I get an annual raise of 2.2% in the new year & I will get a step increase in June. I have increased my retirement contributions to meet the $20.5k limit this year. I decreased my FSA contributions & I hope I don't regret that. It's always a gamble as you never know what will happen. I appreciated when they allowed us to change our allocation mid-year.
Net Worth $1.388 million
Inverstments $1.340 million