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 28, 2024 · In a roth or a tradition ira/401k its on taxed once (either when you earn it for roth or when you cash it out for traditional) Ex-$1000 Traditional IRA- no tax, leave it for a long time, …

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 …

Jul 15, 2023 · The Roth IRA in retirement can then be used to reduce your tax rate when taking distributions from your traditional 401k in retirement. Also since traditional withdrawals are …

Feb 22, 2023 · I’m planning on opening a ROTH IRA with vanguard. I’m overwhelmed at choosing what to invest my money in. Help! Any and all advice is appreciated.

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.

Nov 28, 2022 · 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 …

May 15, 2023 · The IRS mandates that Roth IRA distributions be taken in this order: First, from regular contributions, not subject to tax or penalties Second, from conversion contributions, on …

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 …

Mar 13, 2024 · 100% Roth is almost never the right answer, because at the margin shifting $1 from Roth to Traditional almost always saves you taxes (the exception being if you have …