Related Posts
What are the employee Benefits In Dxc ?
More Posts
Didn’t realize crypto had MLK Jr sales too! 🤑💰
Additional Posts in Advertising
How I’m feeling today..

Alas, I don't qualify.

I got the job. That is all.
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.





That’s why I have a CFP.
Look into the terms of a backdoor roth ira contribution. The balance in your traditional IRA may be an obstacle, but there are some maneuvers for that as well. Some options are rolling the TIRA into your 401k (only if you have a good plan that allows it) or a roth conversion, though you may not want to convert in your tax bracket. You’ll have to consider whether available options are worth the potential of being allowed to make backdoor roth contributions in future years.
Get a financial advisor.
Rising Star
There’s a bowl on here called “personal investment chatter” this would be a good question for. Some knowledgeable folks on there.
lywyh
Rising Star
I’m trying to get a clothing line off the ground so let me know if you want to invest a couple grand.
Pro
Yes the 6K helps minimize tax burden
Google “back door Roth”
Talk to a financial advisor about a back door Roth. You have options, good for you!
Rising Star
My question is, is there any benefit in contributing additional funds into the IRA, vs just investing in stocks? From what I can tell, I’m allowed to invest $6k into it per year? But not sure if there’s any benefit vs stocks
There is an earning limit for a Roth IRA?
Rising Star
To contribute, I believe. For a single earner