Can someone help explain the benefit of contributing to post-tax 401k after maxing out Roth (i.e., to go over the $22,500 limit)? How is this different than contributing anything over $22,500 to a brokerage account?

like
Posting as :
works at
You are currently posting as works at

Look up megabackdoor. It's way better than brokerage.

like

My understanding is that with after tax roth contributions your profits are not taxed when you withdraw them after a certain age where as with regular brokerage you will get taxed

like

Only if you convert to Roth. If you leave in aftertax, a brokerage is better

like

Because you would rather have money on a Roth account than a brokerage account. You roll the after tax contributions to Roth.

like

More Posts

I'm the same age as her little brother and it makes her self conscious to the point she won't tell her friends what we're up to... while her friends keep trying to unironically set her up with me

Post Photo
funnylike

What's is the range for LSA level fixed comp for A&IC - Accounting and Internal Controls? Thank you.

like

Hi Fishes ,

What are roles and responsibilities of Sr. Associate in CTS. Is it more Development related or more of Tech lead type role and how about is WLB and Job security at this role in CTS. Please help me here to understand in order to make correct decision :) . Thanks!!

like

When will we get bonus in Deloitte , Joined in last year July

My previous company used to give in between March to April

When will hikes given for the same

like

Hi Guys.. What questions to ask while having conversations with the participants during AYDE?

like

recommendations on hydration masks?

Is it normal to be totally out of it some days? If you have those days, what do you do?

like

Is Wipro is banning ex employees now a days ? Wipro Wipro Technologies

like

CSM in Adtech, looking for comparable salaries in tech space for CS/CX

- 10 years experience
- 2 years in current CS role with enterprise accounts
- Operations lead / Ops experience promotion
- Remote

like

How much does BCG / McK / tier 1 consulting firms pay its consultants on an expert track in Dubai office ?

like

Why do my knees hurt…I’m only 25

likefunny

Boston Consulting Group How to avail car lease in income tax. I have my brother car, can I show it as car lease and share his details.I can show 40% of basic as car lease, fuel and maintainance in offer letter. What documents to show for the same @Société Générale

Societe

GeneraleBoston

Consulting Group

Tata ConsultancyInfosysAccenture

like

I am looking for a job from past 2months. I am living in a different city away from my family struggling really hard to get a good job. My previous CTC was 3.8 LPA and currently local companies are not giving any hike, big companies are not responding to my application. I am feeling really helpless and don't know what to do. Please if anyone can refer me and help me out i will be grateful.

like

Tell us your ZS hookup story! 😂

like

As of late, my work related anxiety has reached new levels and it’s really starting to affect me mentally. I’m part of a great team; I’m trusted and supported, have a great track record, there are no issues, and have been no incidents. Regardless, my professional self perception and confidence is so rattled as of late, it’s almost like a paralysis at times. I realize there are much larger problems right now, but if anyone has any tips or advice to get over this, I am all ears. Thanks all!

like

I found the following perks in Deloitte should also be considered at RISE

1. Office Phone reimbursement
2. Well-being allowance yearly 25k
3. Vacation allowance of 25k
4. Amount of Rewards and Recognition min 5k compared to current reward Rs.1500

likefunny

I got notice everything at the new firm is good to go. Now to give notice. I’m dreading it. I really really like my boss but this opportunity is too good to pass up. How do you even start? I’ve been in this role 8 years. How to give notice?? Yikes! I’m giving about 2 1/2 weeks notice. 10/17 start date. Any help is appreciated!!!

like

Hi,
Any job openings for 1 year experienced frontend developer, please let me know!

like

Additional Posts in Personal Investment Chatter

How do you adjust portfolio during a bull vs bear market? Does it sound right to increase the stock allocation in bear market to buy low, and decrease stock allocation in bull market to sell high? Con

New to investing. Is it a good time to start?
Have about $20k sitting in account generating nothing, want to put it to use. Any advice appreciated!

like

My wife and I each have our 401ks through Vanguard. What fund should we allocate them to? And why? It seems like the wisdom is to just allocate 100% to the 50, 55 or 60 fund.

like

Any good resources (books, websites etc) to get started on investments and understanding investments for someone who knows nothing about it? TIA!

like

Has anyone avoided getting a real estate agent to negotiate a lower price/credits worth the commission while buying a house? How did you go about managing the transaction?

Does anyone who owns snowflake plan to sell it before shareholders agreements expire? And then buy back at lower prices?

like

Anyone have any experience angel investing?

like

Got my first regular paycheck at the new job at 145k vs 110k and its not nearly as much more as I thought it would be - is that normal? Feeling discouraged and like I need to make significantly more to really move the needle

likefunny

Bought a house last year. My mortgage would be $1500 more per month is I bought today. Do folks just eat that for now and hope they can refi at a lower rate in the next 3-7 years?

like

Initiating new mortgage: variable v fixed rate, given current conditions?

like

Can someone explain what an HYSA is? How much better is it really than keeping money is basic checking/savings account?

like

Who Has Short Shorts: Elon Musk Sells Them for Real at $69.42

likefunny

I have about 10k to invest. Should I just go all in on VTI or VOO?

like

Decent cryptos to invest in other than btc and eth?

likefunny

I've been looking at so many lenders and so many numbers for my home purchase loan and now I'm thoroughly confused. They are all a little different here and there but not enough to make the decision

like

What are closing costs involved in refinancing loan. Do we loose money paid for lender's title insurance. As mortgage rates are going up due to adverse fees Freddie mac charging i am thinking of locking whatever lower rate I get if lender is offering zero closing fees. How do you evaluate refinance is worth going for?

like

Anyone here get paid bi-weekly but budget on a monthly basis? How do you account for the lack of cash flow until the month with the third paycheck hits?

like

Is becoming a CFP worth it? I’m considering going for it. I work at a family office and am already a CPA. Want to learn more about financial planning and think it may help market myself. TIA!

likefunny

I’ve been frequently investing into ETFs in retirement and a regular brokerage accounts in small chunks of $1ks per month. Recently I feel like everytime I check, the $1k I previously invested just disappears. I’ve been at the same digit range for awhile now. Should I just keep buying and holding????? Where’s the line between effectively investing for the future and throwing away your money???? Genuinely asking. New to this, be kind please. Thanks.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal