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[quote=Anonymous][quote=Anonymous]Thank you! This is all new to us, so apologies for the naive/ignorant questions. Household income is going from roughly 250k to about 600k. I realize that on DCUM, it isn't that crazy, but to us, it's mind-blowing. I have questions about withholding, yes, and also how to invest wisely to lower taxable income. We also have 3 kids that will be in college at the same time, so some of the questions go towards preparing for that in the smartest way.[/quote] your situation sounds like basic w2 stuff. Does either of your employers have one of those benefits where you can talk to a financial advisor for free? or often your employer sponsored 401k plan has that. sounds like you just need basics education on how to manage money, where to start with 529s, basic definitions and understanding of taxable vs tax deferred retirements accounts, and how to budget? [/quote]
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