Search found 14 matches

by sg77
Sun Jul 02, 2017 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: What accounts to buy bonds in
Replies: 6
Views: 524

Re: What accounts to buy bonds in

What are the options in your 401(k)? This may determine whether you should hold bonds or stocks there. The argument above says that there is no tax advantage to holding bonds in the 401(k) or Roth IRA, but if your 401(k) has better bond than stock funds, then you should hold bonds in the 401(k). 40...
by sg77
Sun Jul 02, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: What accounts to buy bonds in
Replies: 6
Views: 524

What accounts to buy bonds in

I am revising my automatic investments across my investment accounts. i do this every 6 months or so. slight difference this time is that in addition to what i expect to save on a monthly basis, this time i also have to plan how to invest additional cash generated from sale of a house (i dont need t...
by sg77
Sun Mar 19, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: taxes with megabackdoor roth
Replies: 29
Views: 2762

Re: taxes with megabackdoor roth

so i did execute my plan, though i did not convert the entire amount i am allowed to. since i was doing this for the first time, i converted a smaller amount (~20k which includes 25% earnings, 75% contributions). the earnings check went to my T-ira, and the contributions check went to my roth-ira. i...
by sg77
Sun Mar 05, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: real estate taxes
Replies: 5
Views: 364

real estate taxes

i will be selling my house in the next few months to move abroad for a few years. i expect to make a profit of about 100k$ on the sale. are there any steps that i can take to minimize my tax liabilities?
thanks
by sg77
Mon Aug 08, 2016 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: taxes with megabackdoor roth
Replies: 29
Views: 2762

Re: taxes with megabackdoor roth

Understood. edited the post above.
by sg77
Mon Aug 08, 2016 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: taxes with megabackdoor roth
Replies: 29
Views: 2762

Re: taxes with megabackdoor roth

following up on the backdoor roth. so my Vanguard tIRA account now has my 2016 non-deductible (contributed Aug 2016) and 2015 non-deductible (contributed Feb 2016) contributions. i plan to convert all 11k to Roth IRA this year, and then do the megabackdoor Jan 2017. based on what i have heard on thi...
by sg77
Sat Aug 06, 2016 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: taxes with megabackdoor roth
Replies: 29
Views: 2762

Re: taxes with megabackdoor roth

Thanks to all of you for replying to my post. I did verify that I cannot roll-over (or whatever the term is) an IRA in to my 401K. I have also checked with the 401k administrator that I can only withdraw up to the contribution amount to roll it over to an IRA (110k in my case). I suspect that they ...
by sg77
Sat Aug 06, 2016 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: taxes with megabackdoor roth
Replies: 29
Views: 2762

Re: taxes with megabackdoor roth

Thanks to all of you for replying to my post. I did verify that I cannot roll-over (or whatever the term is) an IRA in to my 401K. I have also checked with the 401k administrator that I can only withdraw up to the contribution amount to roll it over to an IRA (110k in my case). I suspect that they ...
by sg77
Sat Aug 06, 2016 12:17 am
Forum: Personal Finance (Not Investing)
Topic: taxes with megabackdoor roth
Replies: 29
Views: 2762

Re: taxes with megabackdoor roth

Thanks to all of you for replying to my post. I did verify that I cannot roll-over (or whatever the term is) an IRA in to my 401K. I have also checked with the 401k administrator that I can only withdraw up to the contribution amount to roll it over to an IRA (110k in my case). I question #4 there. ...
by sg77
Thu Aug 04, 2016 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: taxes with megabackdoor roth
Replies: 29
Views: 2762

Re: taxes with megabackdoor roth

i dont believe my employer lets me move ira in to 401k
by sg77
Thu Aug 04, 2016 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: taxes with megabackdoor roth
Replies: 29
Views: 2762

Re: taxes with megabackdoor roth

thanks for pointing out that i missed numbering the options.

i dont think any plan allows for just the contributions to be selectively moved to Roth. I can move 110k to Roth, but (30/140*100) percent of that will be earnings, and will be taxed at 28-31%.
by sg77
Thu Aug 04, 2016 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: taxes with megabackdoor roth
Replies: 29
Views: 2762

taxes with megabackdoor roth

I need help with figuring out how to do megabackdoor and if i should engage a financial or tax advisor before i execute. Background: 140k in value in after tax 401k, 110k of which is in contributions. company allows in plan conversion to roth 401k (up to value in AT account), or convert in to extern...
by sg77
Mon Jul 04, 2016 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Dashboards for personal finance analysis
Replies: 4
Views: 840

Dashboards for personal finance analysis

I am interested in making some basic dashboards to analyze my personal finances (investments rather than monthly expenditures). my plan is to update an excel file every 6 months with data on where each of my investments across different accounts stands. and use the dashboards to look at summary data...
by sg77
Sun Jul 03, 2016 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Megaback door Roth question
Replies: 3
Views: 754

Megaback door Roth question

I am considering converting my after tax investments in 401k in to Roth using the megabackdoor roth. i have read a bunch of material on this site. the purpose of my post is to validate my thought process/assumptions and seek opinion on the path forward. Background MFJ 20+ years from retirement 2016 ...

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