401k的好处是会有一些特殊的fund(比如各种Vanguard institutional fund),平常的账户买不到,或者门槛非常高(百万级别的minimal investment requirement)。同时因为IRA是自己开户的,投资选择和类别也非常多(比如各种note),所以各有优缺点。 而退休账户类型主要有三种,Traditional,After-Tax和Roth。 Traditional 你直接把你的...
I used to have an individual 401(k) at Vanguard. It had two problems back then. They didn't allow IRA rollovers and they used the slightly more expensive Investor Class shares. They have since changed both of those. They now take IRA rollovers and they use the less expensive Admiral Cl...
其他的差别有Roth 401k可以享受到401k账户里的low cost mutual fund(比如vanguard提供了些很好的,所以说尽量别选取些high expense ratio的mutual fund,每年1%的cost adds up 非常巨大),但是IRA账户的投资选择非常自由(mutual fund,ETF,crypto,投资煎饼果子铺,以及各种别的投机倒把),你在外部brokerage能做的IRA基本都...
First, the instructions above are very clear and the guidance provided in the comments section helpful as well. I didn’t learn about “backdoor” IRAs until this calendar year (2022) but for the tax year 2021. Through Vanguard I was able to easily and successfully convert $6,000 from tr...
If you did a Backdoor Roth, which involves making a non-deductible contribution to a Traditional IRA and then converting from the Traditional IRA to a Roth IRA, you need to report both the contribution and the conversion in the tax software. For more information on Backdoor Roth, please rea...
In 2023, I made a few normal 2023 Roth contributions because my MAGI allowed partial contributions in 2023. My question: Does the $500 backdoor Roth contribution go towards my 2023 Roth contribution? I requested recharacterization of it and Vanguard already processed that request, assuming that it...
Having said that, I started after-tax contributions to my company’s 403(b) in 2021. They (Vanguard) perform an in-fund “roll-over” to my Roth account for me as soon as the deposit hits the account so I don’t have to worry about any earnings which has been great. ...