1) Why does it makes any sense for you to pay Federal income tax in order to make an after-tax contribution to the 529?VVenti7401 wrote: ↑Sat Mar 25, 2023 9:53 pm
Thanks for the feedback, question what did you mean that 529 does not make sense due my income being too low? I live in NYC and the state offers a tax deduction for contributions which then grows tax free.
2) Why does it makes any sense for you to do not max up your Roth IRAs first?
3) After maxing Trad 401K and Roth IRAs and then maybe 529s.
4) But, with 52K in the 529s and 13K in the Roth IRAs, you have too much in the 529s in the first place.