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I got the job at META 😭 I’m so happy!
Partner has an idea you hate. Wdyd?
Additional Posts in Personal Investment Chatter
How are you investing your money right now?
Why is MRNA going down?
Thoughts on Fundrise?
I got the job at META 😭 I’m so happy!
Partner has an idea you hate. Wdyd?
How are you investing your money right now?
Why is MRNA going down?
Thoughts on Fundrise?
I’m not an expert but I think you can withdraw $1900 and be okay.
Conversation Starter
Yes withdraw before 7/15
Maybe recharacterize everything now from Roth to Traditional IRA, contribute max $6k to T-IRA, and then once you know at the end of the year how much you could have contributed to Roth IRA, recharacterize that portion to Roth. Then, do backdoor Roth for the amount that remains in your T-IRA.
Wouldn’t I be taxed on the earnings that I have while it’s in a traditional IRA? I thought that is why we immediately needed to transfer the funds from the traditional IRA to the Roth when doing the backdoor.
Rising Star
You can still contribute $6k to a Roth as long as you recharacterize the full amount and then convert it.
Thanks I’ll look into it!
Can you increase HSA or 401k contributions? Saving more, ironically, might allow you to save more since it’d reduce AGI.
Unfortunately not this is after maxing out my 401k contributions and I’m not eligible for HSA contributions.