2023快乐!新年第一支视频来讲投资 -- 美国退休金大扫盲,新的一年,大家可以根据上限把自己的养老金比例调整好。希望这个视频能讲清楚这几个问题:一张图,几句话概括traditional,Roth,401k,IRA -- 401k,IRA,pretax,aftertax是什么。一张表概括怎么取,怎么交税如何
The hypothetical increase to a participant's after-tax retirement portfolio is presented as the basis of incremental value determination. Specifically, the potential use of after-tax 401(k) contributions during employment to create a Roth IRA conversion strategy at the time of separation is ...
Yes, you can fund atraditional IRAafter filing your taxes, but the process differs from the one for Roth IRAs. If you know how much you plan to contribute, you can indicate that amount on your tax return, and you’ll be fine if you follow through and contribute that amount by the Apr...
Whether you leave after-tax funds in your employer’s plan or roll it over to a Roth IRA and/or a traditional IRA should depend on your overall tax strategy, your timeline and your retirement plan. “That’s really the first question that should be asked: What's the need for that doll...
Some financial planners suggest a combination of pre-tax and after-tax accounts for retirement planning, using both a Roth IRA and a traditional IRA. Having both is a method of tax diversification. It can help you to hedge against a change in tax rates as well as a change in income in ...
You canconvertthe entire traditional IRA account to a Roth IRA. This is an especially good strategy if your tax bracket in retirement is actually going to be higher than it was in your working days; however, bear in mind you will owe income taxes on the entire account in the year you co...
Your tax bill isn't chiseled in stone at the end of the year. Here are 10 tax tips and steps you can take after January 1 to help you lower your taxes, save money when preparing your tax return, and avoid tax penalties.
首先来简单介绍一下IRA。IRA的全称是Individual Retirement Account,是一种可以自己来存和管理退休金的账户,有别于公司sponser的401k退休账户。IRA具体的账户类型有好多种,Traditional IRA,Roth IRA等等,总体来讲都是可以省税,只不过省税的部分和时间节点不同。笔者最喜欢的而且最适用于大多数在美国工作的朋友的是Roth...
As in the first example, you want to convert $40,000 to a Roth IRA this year.(Here comes the timing part) IF you convert the $40,000 to your IRA BEFORE (not during the same tax year) you rollover the 401(k), you will only be taxed on $20,000 of the conversion, just like ...
Sometime in early 2008 you contributed $5,000 to your Roth IRA for the 2008 tax year. At the time, your IRA was worth $20,000 in total after the contribution. Now, in January 2009, the entire IRA is now worth $15,000. You first “undo” your 2008 $5,000 contribution by follo...