Mar 20, 2022 · Total value of Roth IRA and post-tax brokerage account: 97,540 If he puts the $6000 in a traditional IRA, puts the tax savings in a brokerage account, and keeps both there …

All in VOO for my Roth IRA I am an unsophisticated “investor” who has little time to research and not big enough portfolio to spend money in professional services. How big of a risk I’m taking …

Sep 12, 2023 · A Roth conversion ladder involves converting a 401k or IRA into a Roth IRA (which is a taxable event). The converted amount is treated as a contribution, so after a 5-year …

Nov 28, 2022 · Roth contributions (and thus withdrawals) are taxed at your top marginal tax rate (so 24% for your income) because all post-tax money is fungible. Traditional contributions are …

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 · Just opened a Roth IRA. I am 19 years old and I decided to go 100% in VOO. Is that a good idea or is there a better option? Share Add a Comment Sort by: Best Open comment …

Trying to understand whether I should contribute to a Roth or Traditional 401k, and I'd like help clarifying my understanding of how each account is taxed. I use contributions to refer to the …

Oct 19, 2021 · Hey everybody, I have a 401K from a previous employer that I’m wanting to rollover to my Roth IRA but I’m trying to figure out if it’s a Roth or Traditional and have trouble …

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 …

Feb 1, 2023 · Tax-Free gifts to heirs: Inherited Roth IRAs provide tax-free distributions to your heirs. Depending on your wealth level, it may make sense to contribute or convert to Roth …