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How and why did you switch to freelance?
9/9 Thread (General):
Hello Everyone,
I have been admitted to a top-5 business school in UK for Masters in Management starting Sept 22.
I am currently in India looking for exciting Full-time/Intern opportunities for a 3-4 month period in roles such as Growth/Product/Consulting/Strategy/Business Analytics.
I have 6 Months of relevant start-up experience, through which I've gained alot.
Degree: Btech, ECE 2021 from PEC, Chandigarh (India top 100)
Looking forward
Contact for more:
tanmaykaushik910@gmail.com
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Are there any ETFs for blockchain companies?
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The 5 year rule is if you roll over an IRA to a Roth IRA. I.e if you roll over $5,000 from an IRA/401k to a Roth, you'll have to wait 5 years before you withdraw penalty free. You can withdraw your Roth contributions at anytime, penalty free.
What Acc1 is referring to is a Roth IRA conversion ladder that uses the concept above.
I've heard there’s some loophole where you can withdraw if you haven’t reported any income to the IRS for five years, effectively because you have “retired” and no longer work, thus you can now withdraw from your 401k pot penalty free.
However, take this with a grain of salt - I’ve not researched it myself, and it does seem a little random/weird to have a loophole like this.
One of the benefits of a Roth account (speaking of the IRA) is that you can pull an amount up to what you contributed without tax or penalty. You can also roll over part of it as a first time home buyer without penalty.
If I have $18,500 in a Roth 401k for example, can I roll all $18,500 to a Rot IRA within a year?