New to IB, should I do a backdoor IRA or not applicable?

Any annual bonus for my analyst class won’t be paid until next summer. Meaning when I file 2022 taxes I’ll be under the 144k Roth limit for the year 2022.

This means I don’t do the backdoor Roth until my annual income surpasses the limit right? Thanks

like
Posting as :
works at
You are currently posting as works at

Yes

like

Related Posts

What happens as a part of process after a successful salary discussion.

Ex: Offer Letter, BGV etc

Hi, interviewing for an EDR at Atlassian, any leads on base and OTE? I have more than one year of experience working as a cloud hosting enterprise BDR for an industry leading cloud provider.

I’m in the last round. Is getting a signing bonus common?

Any leads would be much appreciated

Also, an insight into culture and reviews would be very helpful as well.

Thanks in advance! 😊

like

Hi Fishes, All round cleared at IBM and after PDM, HR provided some link to fill BGV form and no reply from HR since. She asked me to wait for week time. Are they directly releasing offer or they will ask for any salary slip, exp latter or other document before releasing offer latter? IBM

like

Hey all, curious about switching to an entry level copywriting role. Are there any copywriters that are not freelancers who can post salary expectations for a medium cost of living area?
@thank you.

like

I got salary negotiations email from tcs hr and once I accepted same in next few hours she denied saying that BU has no budget i am really horrified with this behaviour from tcs hr they told that budget get used in parallel by BU in something else

likeupliftingfunny

Company wants me to take a base cut because they want me to move into more of a BD role where target bonus is 50% vs current 20%. Going to push back pretty hard

like

Hello folks,

I have 3.3 yoe working as devops engineer with Kubernetes administrator and security experience most of my experience is relevant If I want to switch what is good salary for my experience and technology?

like

Hey there
Can somebody help me with the avg salary of wn an analyst (with almost 3 years experience overall) in the Marketing domain? In Hyderabad region.

Thanks in advance for your help.

Hi Fishes,

On July 2nd attended interview in Cognizant, on July 5th received call from HR regarding HR / salary discussion, we both agreed on expected she asked pan card number ,DOB and current company details and said will get back to you if required more details, HR didn't asked for any documents any idea when can I expect offer letter?, Some people said HR asked documents after salary discussion in there case.

like

ZS vs LEK?

like

If you are working in IC ( incentive compensation of Salesforce) Need your help on giving an overview of the work to my friend who have an interview in Novartis, JD had keywords like sale force, incentive optimization, javelin etc.

like
like

Anyone know if Lidl is a good company to work for in their corporate job area? Salary?

like

What is the comp for technology advisory in EY California? (Senior ~ 2 years experience)

like

First time investor in the US. Any suggestions on books / blogs to read to get smart. Where do people typically invest given all the client related policies in place for consulting firms?

What is the Guidehouse senior associate salary range? Are certain sectors paid more?

like

Hey Portland!!!
Wondering cost of living in and around portland?
I’m thinking about moving from SF to Portland for a great job salary starting around 90k. I’m 30 years old with 1 child who lives with his mother.

like

Johnson (Full ride) or Stern (no $) or Darden (no $)? Post MBA goal is consulting in NYC (preferably MBB but Tier 2 is fine). Would be taking 130K loan for Stern & Darden. The latter 2 schools seem to have better prestige and recruiting opps but unsure if it’s worth the 130K in the long run.

like

I got an offer from a company. They told me on the phone the salary was 88k but when they sent me the offer letter it said $87.5k What do I do?

More Posts

*recent graduate* Whenever I ask an employer why I didn’t get the job or get to the second step in the interview process, they never respond. So, I’m assuming my lack of experience (I never did an internship in school🤦‍♀️ ) or portfolio is the problem.

like

Bear case for Google? Current PE is 22, reasons to not buy?

like

what do you think about the term "fake news?"

like

I am looking for a business analyst post or a Finance analyst post in a similar company. I have a work experience of almost 2 years in the Education sector. And I have completed my MBA in Finance (my second master's) from UoH. Also, I am pursuing my PhD in Accounting and Finance from the University of Mumbai. Please suggest to me any jobs to apply for.

Anyone have any insight into A&M total compensation for senior associate?

like

Hello All.
Yesterday was my last day. Anyone else form ITS get laid off?

like

Any idea what’ll happen if recession hits India! Where we stand on this piece? Are we safe? Or need to have some stocks ready for near future?
I’ve been worried a lot as I need the job due to my commitments

like

Guys need to switch desperately... can you please refer me in your companies?
YOE-4
SkilSet- DOT NET,DOTNET CORE,SQL,REACT JS,AZURE(basics),JS, JQUERY, ANGULAR JS(I am to move with react though)

Please help..

like

Happy Passover everyone! Does anyone find it difficult to avoid chametz while at work? I try to plan ahead, but always seem to get hungry for more than what I brought lol.

like
like

Hey Fishes, does anyone working or worked in Stratford’s? Any info would be appreciated

like

Any updates on layoffs?

like

Happy to refer folks to the PwC HIA practice if anyone is interested.

like

Persistent system is service or product based company??

like

I am a Canadian living in the US on an O1 visa, but miss living in Toronto. Is there anyone who has managed to keep a US job remotely and work from Canada? Also could you explain how you did it?

like

Hello everyone am looking for Side hustle , anything works driving ,plumbing ,construction etc anything works just hit me up and I I’ll make time to get it done for you thnx 💪

likehelpful

I have a low GPA because an abusive relationship during my schooling that kept me from focusing. I’m clear of that now, but I don’t know how to explain my low GPA going forward.

like

How often do you get in a serving of leafy greens? Daily? Weekly?

like

At what age did you have your kids and do you wish you had them when you were younger or older?

like

Hi Fishes

It would be very helpful if anyone could refer me to the following job ID in Wipro

AI-ML Developer(Req ID: 2904874)

I am an AI/ML eng working in TCS for 3 yrs

Thanks in advance

Additional Posts in Investment Banking - IBD

Whats a typical age for an IB associate coming off MBA?

like

Incoming PE VP comp structure suggestions?

like

Comfiest womens work shoes? Any suggestions on brands

like

How difficult would it be to break into a Sales and Trading analyst position coming from a different career 3 years out of grad school?

like

27M with black hair

Is it unprofessional to dye your hair blonde?

like

Asking for a friend

Have a close buddy who is looking to pivot from med school into healthcare ibd or biotech/biopharm ER. Actively working on technicals and SIE prep and is looking to connect with others in the space.

Anyone willing to have a conversation?

like

How are everyone’s hours? I’m starting to think 2 am every night isn’t normal

funny

EY 1- talks a lot but nobody is listening.
DB 1 - Barclays 1’s little brother
JPM 1 - goldman 1 less attractive friend
Managing Director - is probably an associate at best
McKinsey 1 - wears tight colored maroon pants
Pwc 1 - made it to UBC video interview and got extremely nervous

funnylike

Would going to a small boutique ~20 employees be a good or bad move? They’ve been around since early 2000s and mainly focus on sell side work.

like

IB Analyst Lateral Opportunities - Anyone know any MM or BB teams in NYC looking to hire a 2nd year analyst for a lateral position?

like

Do people genuinely like IBD or is it for the money? I always thought I enjoyed IBD, until a tech company came and offered me the same amount of money for 40 hours a week and I took it instantly….

like

Chicago or NYC for ib post grad? Interested to hear experiences from Chicago regarding social life and general exit ops as I’ve never been.

like

Any work from home hacks/tips now that we’re all quarantined?? 😷😷

like

For those in Fin Crime.... what’s best certification in the states?

like

Anyone know of any banking analyst lateral opportunities in Chicago? Looking to jump to BB/EB. Any insight to the shops around here is much appreciated!

like

Lazard PCA: Anybody know what culture and Associate comp is like?

like

Are credit rating agencies a good stepping stone into IB?

like

Does anybody have feedback on the work life balance at Moelis LA? I know they work very hard but would love to hear experience from people who have worked there. Don’t mind working hard but would hope to have some time to myself on weekends. Thank you!

like

Any clue on what would be the expected salary range for Director of Technology role in BMO capital markets?
Appreciate inputs!

like

Curious if Truist added extra perks for their junior bankers i.e. base salary increase, meal stipends, etc. along with the other banks? Thanks

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.