Is roth 401k really better than traditional? - Reddit
As you get older and start earning more, though, it makes more sense to switch to traditional (especially since you have the option of supplementing your 401k with a Roth IRA). Traditional also leaves the …
What funds should I invest in for my Roth IRA account? : r ...
Sep 17, 2023 · Roth IRA Contribution Limits Since you mentioned opening an Individual Brokerage account for investing in mutual funds and index funds, I do want to make sure you're aware that …
Did I mess up doing traditional instead of Roth? : r ... - Reddit
Maybe you messed up a little for the past, but since you seem to be at the top end of your career ladder/earning potential I think you're probably better off continuing to contribute to your traditional …
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 …
401K....Pre-Tax, After Tax, and/or Roth??? : r/personalfinance - Reddit
Nov 28, 2022 · Yes, Roth IRA's allow penalty free withdrawals before 59½, so they're great for early retirement. And of course if a pretax 401k is available to you and your tax bracket is such that pre-tax …
Does anyone use Robinhood for their Roth IRA or IRA? : r ... - Reddit
Hey guys I know Robinhood has a 1% match for both Roth and regular Ira accounts. Right now I use vanguard for my Roth IRA. I was wondering if you guys think it worth the move to get the 1% match. …
Can I transfer my stocks from my brokerage to a Roth IRA?
Jan 23, 2023 · 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. …
Roth IRA vs. Traditional IRA? : r/personalfinance - Reddit
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 for 40 years: His …
Should I be putting money into a Roth 401K or a pre tax? : r ... - Reddit
The decision of whether to use Roth or traditional IRA is dependent on the expected tax rate you will pay. If you believe you have a higher tax rate now then when you withdraw your money from your …
Why you should (almost) never contribute to a Roth 401 (k)
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 accounts to pass …