Roth accounts are a hedge against future tax hikes and tax rate insecurity. There’s a reason Roth accounts are always subject to elimination every few years, tax revenue from Roth users is far …

Mar 20, 2022 · 35-Year Winner: Roth IRA, by just under $7,500. ***Over 40 Years*** If he puts the $6000 in a Roth IRA and keeps it there for 40 years: His 2021 income was $30,000. After the …

Max out Roth deferral ~$23k Employer match $12k (4% on $300k just for example) Gross up total to $69k (the 2024 max) with $34k after tax contribution Immediately convert after tax balance …

Sep 12, 2023 · If the rollover came from a "designated Roth account" (i.e., Roth 401k) the Form 8606 Part III instructions for determining your Roth IRA contribution basis (line 22) tell you to: …

Nov 28, 2022 · Roth is almost never the correct answer, outside of some outlier situations. Essentially you need to look at effective tax rates vs top marginal. Roth contributions (and thus …

Jan 23, 2023 · Re buy your favorite tech stocks. 2 taxable things to consider. The Realized losses from the Broke account can be used this tax year. Now... For Roth Contribution tax …

Jul 1, 2023 · The Roth structure shelters you from paying tax on income. For VOO you can just hold it in a taxable brokerage. When you sell it’s going to be long term capital gains, so taxed …

If traditional and Roth are taxed at the same rate (Roth now, vs traditional in X years) they are mathematically the same. However, make sure you think about what the tax rate on that …

Oct 3, 2021 · I am 22 years old and want to start a Roth IRA as well as personal account for investing. I was considering Fidelity because they have in person branches. I also heard they …

This effectively pretends like a pre-tax contribution was a Roth in the first place, or that a Roth contribution was a Trad contribution in the first place. This can be performed up to the filing …