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BNY Mellon technology specific questions -
#0 How much max salary for grade K ?
#1 How long does it take to promote in bny from grade K to L ?
#2 Any specific criteria for promotion? Expr , certification etc...?
#3 How much % hike to expect post promotion ?
Skills- Java, microservices,react, cloud
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Max the Roth out even if you need short term debt to do it.
even if you can only contribute a limited amount to a roth IRA, unless the entire economy flips on its head, it obviously will appreciate in value over the course of your career. and the tax benefits of that are worthwhile.
Back door is very easy.
Your tax bracket is also low, so Roth is better than Traditional
You can also withdraw Roth contributions tax free at any time
You seem confused. Dont overthink it
I know the one year contribution doesn’t seem like a lot but that will grow over time into something meaningful.
Besides that, yes you will want to have it to roll 401K’s into. As you change jobs it’s easier if you have less accounts to manage
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