What funds should I invest in for my Roth IRA account? : r ...
Sep 17, 2023 · Roth IRA Contribution Limits Since you mentioned opening an Individual Brokerage account for investing in mutual funds and index funds, I do want to make sure you're aware that …
Roth IRA vs. Traditional IRA? : r/personalfinance - Reddit
Mar 20, 2022 · Total value of Roth IRA and post-tax brokerage account: 97,540 If he puts the $6000 in a traditional IRA, puts the tax savings in a brokerage account, and keeps both there for 40 years: His …
Is Fidelity really that great for a Roth IRA account? - Reddit
Is Fidelity really all that great? The no fees, no minimums, max of $6k a year sounds great for someone who is low-income as a recent grad. For anyone with experience in opening/maintaining a Roth IRA …
Is roth 401k really better than traditional? - Reddit
As you get older and start earning more, though, it makes more sense to switch to traditional (especially since you have the option of supplementing your 401k with a Roth IRA). Traditional also leaves the …
Fidelity Go VS Normal Roth IRA? : r/fidelityinvestments - Reddit
Aug 10, 2023 · I think using a normal Roth IRA is better out of the two, but both are good choices. I started with a Go account and then switched over to having everything in a Rollover IRA and fidelity’s …
Should I put $6000 in Roth IRA at once or put $500 per month?
If you are instead doing Backdoor Roth (I.e. make non deductible contribution to traditional IRA and do Roth Conversion) for previous year, you need to file 8606 in the returns to update the basis of the …
Is a Roth 401 (k) clearly better than a Traditional 401 (k) or ... - Reddit
Trying to understand whether I should contribute to a Roth or Traditional 401k, and I'd like help clarifying my understanding of how each account is taxed. I use contributions to refer to the amount of money …
Robinhood 3% Match and Backdoor Roth : r/Bogleheads - Reddit
This cleared the path for Roth backdoor moving forward without activating the Pro Rata rule. Used Robinhood to deposit the max. amounts into a Trad IRA for both '23 (can do this until April 15) and …
401k Pre-Tax or 401k Roth? : r/personalfinance - Reddit
Aug 1, 2021 · After that, then go roth, or max the 401k and then roth after if that's your jam. That extra 20% you can put in because it's pre-tax can grow in the next 45 years.
Backdoor Roth IRA Error Message : r/fidelityinvestments - Reddit
However, if you decide to convert the earnings to your Roth IRA, that amount will be subject to earned income tax for the year in which the conversion takes place.