Up to what salary did you contribute to Roth retirement accounts before switching to traditional?

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Never switched.

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A1 can you explain this mega backdoor Roth IRA? Benefits and how to enroll/activate

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Traditional and Roth are meant to give almost identical results IF you take the tax savings from traditional and invest it in a brokerage account (it would essentially pay your tax due when you withdraw). Employer contributions are already considered traditional so I do 100% Roth. The ability to withdraw non taxable income in retirement can’t be emphasized enough. Impacts how much of SS is taxable (if it’s still there), how much you pay for Medicare premiums, etc. I don’t think people fully realize how incredible Roth accounts are. Imagine being retired and having $2M in Roth and $1M in traditional compared to someone that has $3M in traditional and $500k in brokerage. Although you have more in 2nd scenario you have no flexibility and pay more in tax during retirement.

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This is some of the worst advice I’ve seen on here.

Google Roth conversion ladders

funny

12% tax bracket

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YOE - 3.
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Anyone else regretting buying ARKK in 2021? 🤡

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smart

Let this soothe your souls overnight

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(cont)

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Anyone else regretting buying ARKK in 2021? 🤡

likehelpful

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