Related Posts
Larsen & Toubro Infotech Hi folks, Please help me which organisation should I go with Citius tech or LTimindtree? As recession is approaching and due to which layoffs are going on as we all know so which one is more safe to join. Please share your thoughts, which will help me to take the decision.
For tech stack Azure Data Factory, SQL,Azure synapse, SSIS, ADLS with 7.5 yrs of experience. HCL Technologies Tata Consultancy Infosys Accenture IBM Larsen & Toubro Infotech Mindtree Fractal Citiustech Healthcare Technologies
EPOR a solid first option trading choice?
More Posts
Who's won WFH bingo already?

Additional Posts in Personal Investment Chatter
Anyone looking at airline stocks or ETF play?
My company matches 3%. Is that low or on par?
Investor’s Business Daily: worthwhile?
New to Fishbowl?
unlock all discussions on Fishbowl.



Initially, I read that as 24 million not 24 male. 😆
Sorry for the confusion! Meant to put 24 year old male lol
Now my questions:
1.) should I open a Roth IRA? If so, do I open it through fidelity / vanguard outside of my employer?
2.) any preferred over the other for where to open Roth IRA?
3.) Should I sell some of my ETFs from M1 and DCA into Roth IRA to the annual max ($6k)?
4.) I’d like to purchase my 2nd home in the next 9-12 months...should I continue to leave a chunk of money in ETFs or move them into my HYSA?
I would go with a fidelity Roth IRA their offering is more robust than vaguard. Also make sure you do not exceed the income limits to contribute to a Roth IRA (for single filer AGI <$124,000 can make a full contribution) Otherwise there is no issue with rolling money from 401k to Roth IRA. Your current active 401k will typically not have a rollover option but your old plan with vanguard will allow to roll the money to your newly established IRA(s). Keep in mind any pre-tax money you roll to a Roth IRA will be taxable. So you will have to decide if willing to pay taxes or move pre-tax to a Rollover IRA and avoid any taxes till withdrawn in future. The rollover will not count towards your annual contribution limit of $6k for 2020 if under 50.
Conversation Starter
This is great but dont forget to get out there and have some fun as well.
Conversation Starter
See my responses above.