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 · 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 …

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 …

The main difference between a Roth 401K and a Traditional 401K is when you pay taxes. A Roth 401K is funded with after-tax money, but you can withdraw it tax-free in retirement.

Aug 10, 2023 · Roth basic: your normal paycheck Roth bonus: any annual/year-end bonus paycheck you get You’d usually do just the basic unless you’re not able to max out with your …

A Roth IRA is a tax-advantaged retirement account where you make after-tax contributions and can withdraw those contributions tax-free and penalty-free at any time and for any reason.

If that's in my Roth or similar tax advantaged account, I still can't access it until 65 without incurring a tax penalty. Set up a foundation in your retirement accounts, and use the rest in …

Is Fidelity really all that great? The no fees, no minimums, max of $6k a year sounds great for someone who is low-income as a recent grad. For anyone with experience in …

Aug 1, 2021 · After that, then go roth, or max the 401k and then roth after if that's your jam. That extra 20% you can put in because it's pre-tax can grow in the next 45 years.

Since you mentioned your account is a Roth IRA, I've included an article that may be helpful on how to invest your IRA. How to Invest Your Roth IRA If you would like more hands-on learning …