A good thing happened…I now make more and can’t contribute to my ROTH IRA! Do I put that money in my 401k (only a 5.8% return), open a Traditional IRA, or throw it into my Vanguard account (tracks S&P)? No debt, 6 month E-savings, single 34M.

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Do backdoor Roth IRA. Dont know what you mean only 5.8% return on 401k.

likesmart

Not sure how you think it is clear cut based on no information but OK.

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You can open a self directed brokerage acct within the 401k; BAH allows 50% of your balance to live in the brokerage acct (which is at Schwab vs Voya). Find details on FAQ on the Voya page. And for the amount stuck at Voya, I just put it in the Russell growth index.

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I wonder what ChatGPT would say to some of the scenarios I read in this bowl. I imagine its good-- Especially for tax questions

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I max out my 401k and then max out my trad IRA.

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