Search found 3 matches

by Pollmaker
Fri Oct 24, 2014 3:21 pm
Forum: Personal Investments
Topic: Help needed for tax efficient fund placement
Replies: 6
Views: 1285

Help needed for tax efficient fund placement

Hello there, I am a newbie to investments hence seeking the collective wisdom of the hive. I need advise on the most tax efficient way to place my funds Currently my Account Structure is as follows I am planning to open 2 roth IRA's (for me and my wife) . i am allowed to max it up to 5% of my total Funds in each ROTH= Total 10% of Total Funds 1 Rollover IRA - I have up to 12% of Total funds A taxable Account = 78% Funds to be placed Below is the Portfolio that I am contemplating (basically a 60/40 stock/bond split). Fund Percentage Allocated% SCPIX(S&P 500 Stock) -Existing 401K 39.50% VXUS -Vanguard Total International Stock ETF 15.00% BND - Vanguard Total Bond Market ETF 30.00% BNDX - Vanguard Total International ETF 5.50% VNQ - Vangua...
by Pollmaker
Wed Oct 15, 2014 9:49 am
Forum: Personal Investments
Topic: Roth or Traditional IRA
Replies: 5
Views: 757

Re: Roth or Traditional IRA

Hi Peter,

thank you for taking the time to help. Its greatly appreciated.

I Apologize for all these basic questions, because I am just starting to learn about investing and taxation.

My State taxable income last year was 98K , and Total taxable income was 78k (not sure which taxable income to consider for planning IRA).
I may remain in the 25% at least for the next 5 years and my wife is not planning to work in the foreseeable future.


Is a Spousal IRA for my wife and a Roth for myself the right way to go?

-- Nad
by Pollmaker
Tue Oct 14, 2014 12:38 pm
Forum: Personal Investments
Topic: Roth or Traditional IRA
Replies: 5
Views: 757

Roth or Traditional IRA

Hi Bogle Heads ,

I need guidance to decide whether I should open a IRA for myself and my wife
I am 40 Yrs old and employed , i make 110K + per year
My Wife is not working
I have 2 kids 10 and 5 yrs.
I have a 401K with my current employer and I have a rollover IRA from vanguard from a previous Employer

I thought IRA's is a good saving plan
1) Should I open 2 Roth IRA's for myself and my wife? Is it a good idea? I am concerned about taxation
2) For my wife which IRA (Roth or Traditional) has better tax benefit given my income etc ?


Any help appreciated.
-- Cheers