Boiler Room: The Official Stock Market Discussion
The hell is that? Some new shyt I haven't heard of?Im now scared for our 409ks
Tesla gang winning no matter what. Elon gonna lead us all to the promised land.EV boys we fxcking eating
Tesla gang you already
The hell is that? Some new shyt I haven't heard of?
Trump points to stock market gains: 'How are your 409K's doing?'
He like fukk 401, everyone should be trying to reach the 409k level.
We all gonna get there one day.
Either way I’m good. My outlook is a few years out I’m just curious to hear about any growth or increase in their market share
With how crypto looking today, I wouldn't be surprised if Monday was a red day for stocks.
This shyt is a must watch:
Seen it like 5 times and pure comedy yet true.
I know I have see some of this behavior here
short term smart, long term stupid
people who buy low and sell low are mentally weak
Too many gems
Seen it like 5 times and pure comedy yet true.
I know I have see some of this behavior here
short term smart, long term stupid
people who buy low and sell low are mentally weak
Too many gems
Not bad
I was with her until she mentioned that she had a 47k loan on her car
Anybody got any insight as to whether to go roth 401k or before tax contribution 401k?
I guess the major debate is whether you think you will be in a higher tax bracket now or when you retire.
I already had a before tax 401k with my former employer and wanted to see if I should change it up with my next company since they offering 6% match
I guess the major debate is whether you think you will be in a higher tax bracket now or when you retire.
I already had a before tax 401k with my former employer and wanted to see if I should change it up with my next company since they offering 6% match
the cac mamba
Veteran
take the 6 percent and then go to roth, and then back to 401k is the strategyAnybody got any insight as to whether to go roth 401k or before tax contribution 401k?
I guess the major debate is whether you think you will be in a higher tax bracket now or when you retire.
I already had a before tax 401k with my former employer and wanted to see if I should change it up with my next company since they offering 6% match
Always take the match that’s free money and it’ll be compounded over timeAnybody got any insight as to whether to go roth 401k or before tax contribution 401k?
I guess the major debate is whether you think you will be in a higher tax bracket now or when you retire.
I already had a before tax 401k with my former employer and wanted to see if I should change it up with my next company since they offering 6% match
He's talking about Roth 401K not Roth IRA. Generally, Roth 401K is only recommended early on in career where you know your future earnings will be much higher. Even then, with ways you can shelter yourself from tax, most will recommend traditional 401k.
to that point, i had a traditional 401k with my old employer and im allowed to roll it over into a individual IRA account, which makes me think I was able to save on taxes plus i got employers contributions (4%) with the traditional and now that its being rolled over into a individual IRA im able to save myself on taxes when i withdraw at retirement
so theoretically, i could do a traditional 401k with this new company (save on current year taxes + gain 6% employers contributions) and as long as i dont touch for 5 years of implementation and withdraw at retirement (59 1/2), I can roll it over into my individual IRA account if I choose to leave the company at any point in the future
*my analysis may be flawed since I have to move it over to a IRA and not a roth IRA
to that point, i had a traditional 401k with my old employer and im allowed to roll it over into a individual IRA account, which makes me think I was able to save on taxes plus i got employers contributions (4%) with the traditional and now that its being rolled over into a individual IRA im able to save myself on taxes when i withdraw at retirement
so theoretically, i could do a traditional 401k with this new company (save on current year taxes + gain 6% employers contributions) and as long as i dont touch for 5 years of implementation and withdraw at retirement (59 1/2), I can roll it over into my individual IRA account if I choose to leave the company at any point in the future
*my analysis may be flawed since I have to move it over to a IRA and not a roth IRA
Not an expert in this area, but you may want to look into a mega backdoor roth if it is not too late. Mega Backdoor Roths: How They Work - NerdWallet