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- Whats the point of Roth IRA? : r personalfinance - Reddit
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 less than from traditional
- 401K. . . . Pre-Tax, After Tax, and or Roth??? : r personalfinance - Reddit
Essentially you need to look at effective tax rates vs top marginal 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 tax-free, but all withdrawals are taxed at your income tax rate
- Can I transfer my stocks from my brokerage to a Roth IRA?
Over time, you probably have tax years where you didn't make much so you're in a lower tax bracket so contributing to a Roth or converting some from from your regular IRA makes sense When you're working and making a lot, contributing to a Roth costs more than it is probably worth
- Is a Roth 401 (k) clearly better than a Traditional 401 (k) or . . . - Reddit
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 amount of money from my paycheck I will put in the account, and earnings to refer to the money I will get from the growth of my investment With a Traditional 401k Contributions are not taxed Earnings are
- Best brokerage company to have a ROTH IRA with and why?
When choosing a brokerage company for your ROTH IRA, it's important to consider factors such as fees, investment options, customer service, and user experience You may also want to consider any specific investment needs or goals you have, such as a desire to invest in socially responsible funds or a preference for certain types of investments
- If an employer offers 401k match for both traditional and Roth, is it . . .
If an employer offers 401k match for both traditional and Roth, is it better to do Roth, so the match grows tax free?
- 401k contributions - Roth vs pre-tax : r investing - Reddit
Currently, I contribute 10% Roth and 4% pre-tax Considering the company's contributions are pre-tax, this comes out to a net 10% Roth and 10% pre-tax I don't plan on changing the amount I'm contributing (either up or down), but am looking for input on if my contributions should be allocated differently Thank you!
- How do you determine what percentage to allocate to a Roth 401 . . . - Reddit
5% towards traditional 401 (k) and 9% to Roth 401 (k) will allow me to have more confidence on my overall financial picture at the time of retirement I can withdraw from the traditional 401 (k) at a low income and allow my Roth 401 (k) to continue growing if needed But I wonder - do you have feedback for me RE my allocation?
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