Given current issues is it a good idea to start a backdoor Roth IRA?

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As long as you have enough emergency cash and debt payments under control, and haven't taken a big hit to income

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Why not? Still tax free money - you just have to deposit money, can choose when to deploy. I've put money into my defined benefits plan for both 2019 and 2020 already so that I can invest it when I think there's a good chance.

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Related Posts

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

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Has anyone entertained the idea of holding active mutual funds for small / mid cap exposure in your retirement account (as opposed to passive index funds)? Since these companies aren’t as widely covered, thinking there may be a better chance of outperforming the index.

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Sorry to everyone who has a big stake in Meta stock

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Buying SPY, VOO and QQQ repetitive? Have the latter two and thinking of buying SPY too. Thoughts?

Sorry, bit of a investing novice

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Desi folks - can we buy SNDL stock on visa ? any insight ?

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I am new to investment. Just have some 30k in cash which I want to invest. I was told to invest in ETFs especially S&P 500. Should I? Also is that the only relatively safe option? Where do people keep their money so that it doesn’t tank completely?

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what’s the ratio of equity/stocks to bond/fixed income in your Merrill lynch 401k plan?Do you make any modifications or just use recommended distribution? First job with 401k and not sure what to do!

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Is it worth moving to an org without municipal pension? I’ve been with the City 8 yrs only so in my view, my pension will not be substantial anyway so I can leave it and move on to greener pastures.

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I took profits on AMC a while ago and am still holding 30 shares. Would you sell and invest else where or hold on it case it goes up again?

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Hi all, apologies if this isn’t the appropriate forum, but first time doing multi state taxes. Is there an easy way to find out the days or income thresholds for filing state taxes?
I know some places don’t require filing if you worked fewer than X days (like IL) or earned less income in that state than state standard deductions (like NY) but having much more trouble gaining clarity for other states.

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So recently left EY and received a letter telling me that the cash balance was like 5,000 but the lump sum under traditional pension was $40,000. Wtf does these mean?

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If a company has class A shares listed and class B unlisted, do we take class B shares when calculating market cap?

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Is it a good time right now to invest in the stock market? through individual stocks, index funds, etc?

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Consultant: let’s do a 3 month assessment for $300k

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SD rent prices are just about the same as SF right now. It’s blowing my mind.

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Help! I have a wash same loss amount on my 1099-B. What does it mean? It says to keep track of the disallowed amount. Does this mean I have to manually track it and add it in when I sell?

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I'm returning back to school for 2 years and am trying to determine what to do with my 401k account (<100k if that matters).

I already have a personal IRA i could roll it into or I can just leave it in my current 401k plan and just roll it over into my new 401k after i graduate. Thoughts?

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Thoughts (pros/cons) of buying a house in North Bend , WA.. I don’t need to go to office

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What halal EFT's are you invested in?

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More Posts

What was your experience with the LSAT? Do you think it's gatekeeping, preventing students who can't afford it (often people of color) from entering the field? OR is it helping future attorney's of color by giving them a chance to go to a top school regardless of grades? I've seen questions about the LSAT all day and just want to know how people feel.

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Has anyone heard of Nucleus Global for med comms?

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Has anyone tried to leave their job but was given a fat retention bonus to stay? Seems like banks are reeling from junior banker departures.....

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I want to exit to MBB but if that’s not a possibility what are the next best consulting firms? Looking for at least midsize firms (non-boutiques).

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Any recommendations for marriage counselor in NJ area?

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How to say no without saying no?

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Happy Thanksgiving! Where’s the delusional product manager who was predicting a stock market crash in case we dump Trump?

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Hello folks,
I have 8YOE and have offers from PWC SDC
Bangalore and 3M (Product Based)
Pwc offer - Senior Associate 2 with 23 fixed
3M offer - Data Integration Lead with 24 fixed

Could you please share your thoughts on which is a better choice and why! I have worked with Deloitte for 4 years and took break of few months for personal reasons. Both the offers are good with respect to package but which is better for long term career?

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Hi, I am looking for opportunities in the field of finance and accounting.
qualification:B.com(finance)+MBA(Finance).
overall experience: 1.7 years
kindly help if you have any leads...i am struggling to grow my career

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Can anyone tell me the Manager bandings for S&C?

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Just passed $50k NW and recently turned 25! $100k by 27 is the goal.

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Has anyone heard of Ponce Bank - it is giving 2.5% yield for money market account. And UFB direct is giving 2.21% on money market account. And Marcus by Goldman Sachs is giving 1.7% on savings account. Which one should I go for? I have about $200K to keep for sometime until I decide what to do with it

Any tips for getting through behavioral interviews and/or tailoring stories to ambiguous questions on the fly?
I’m perusing a TPM role (faang/fortune50) and getting through SD and PM interviews just fine.
I’ve prepared at least 50 retrospective star stories but without fail, the interviewer always throws a curve ball. As an introvert, I am introspective in my problem solving and struggle to quickly adapt my prepared stories when the interviewer is being intentionally ambiguous.

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How much CTC should I asked from Cognizant Bengaluru, if already have offer of 16 LPA
YOE: 2.10 Years,
Tech stack:ReactJS, JavaScript, Redux

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Are Big 4s in Europe and Australia sponsoring work visa?
I qualified as a CA last year, overall around 4 yoe in Internal Audit

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Is office coordinator concerned as entry level in the retail business?

¿Alguien que haya metido sus impuestos con TN?

What is the attrition rate of EG GDS and job security there?

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Salary kab ayega 😢

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My friend just sold a interventional cards device for $17M...why didn't I think of that

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I start a fellowship in July 2020. Anyone think that Corona could interupt start dates?

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I'm so over all this talk of mindfulness moments - we need to be treated better, not take a mindfulness moment

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For telehealth with video are we only allowed to bill e&m by time?

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I swear all my colleagues are scheming up some stock market plan right now

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What triggers you to screen for autoimmune disease? I am seeing it can even causes dementia.

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I wish there were a better way to do med rec over the phone. Would appreciate any suggestions

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Vascular surgeons are sought-after throughout the country. Bhisaj LLC seeks to address the national staffing shortage, working directly with surgeons and hospitals

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Our ankle joints and feet are small but sophisticated. They contain dozens of tiny bones, muscles, tendons, and ligaments that help them bend, balance, and bear weight. If something happens to even one of these bones or tissues, you may develop pain and lose mobility.

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I'm so sick of people calling patients "poor historians." As if it's the patient's fault you can't get enough history

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Interesting papers about possible "trained immunity" for covid and other infections from the BCG vaccine

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If 2020 was an drink, it would be a glucose tolerance test.

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Am a physician who has 2 kids and need to be at home to take care of them. Any ideas on what kind of work a physician with an MD and no other post grad qualification can do 100% remotely?

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Is anyone thinking of moving jobs and finding full time placements elsewhere? Or at least moonlighting until this is done? If so how are you finding opportunities?

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I think my junk food quota has doubled in 2020

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I'm getting more anxiety about our State opening up, we change our hospital COVID protocols almost every other week

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