holycow2013 wrote:I do not have the minimum required to get the international exposure in the taxable account (minimum investment of 10K).
holycow2013 wrote:I would like to use the taxable account for downpayment saving on a house. I get lumpsums of 10K every 6 months due to ESPP and would like to put them here for the downpayment saving for the next 2.5 to 3 years.
Need your advice again. I have maxed out at 401K for 2013. I became aware of the spousal IRA recently and want to get your advice regarding it. I can contribute it for my wife but have to reduce my 401K contribution by 7300 to enable the 5500 contribution to Spousal IRA (25% tax bracket) at this moment since we are saving for house in future. We have a 2 yr old child that we would like to save some money for education but the general wisdom is not to spoil the retirement for that. However from what I see it appears that parent can withdraw from Roth for child education.
Considering the expenses in 401K what would you suggest?
401k -- 80%
38% (MIEYX) MassMutual S&P 500 Index Fund (0.50%)
10% (NSIDX) Northern Small Cap Index Fund (0.85%)
32% (MSPGX) MassMutual Select PIMCO Total Return Fund (0.85%)
Roth IRA at Vanguard -- 20%
20% (VGTSX) Vanguard Total International Stock Index Fund Investor Shares (0.22%)
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