Search found 3 matches

by slowfi
Tue Oct 02, 2018 7:24 pm
Forum: Personal Investments
Topic: What to do with cash in the short term?
Replies: 36
Views: 3728

Re: What to do with cash in the short term?

So far I've found: 6.03% on $5000 @ Mango (with $800 net direct deposit) 5.12% on $1000 @ Digital FCU 4.99% on $1000 @ Blue FCU 4.00% on $2000 @ Priemer Members CU 3.00% on $15000 @ Lake Michigan CU 5.00% on $1000 each @ NetSpend, Western Union, HEB, Ace Elite, & Brinks Adds up to a blended 4.0...
by slowfi
Mon Feb 05, 2018 10:05 pm
Forum: Personal Investments
Topic: Contributing more than earned income to Roth 401(k) + IRA
Replies: 5
Views: 808

Re: Contributing more than earned income to Roth 401(k) + IRA

Thanks for the help on this! I was thinking this was allowed, since the Roth 401(k) or Roth 403(b) contribution is not tax-deferred, but it was difficult to find anything about it on irs.gov or elsewhere. The Intuit answer seems good enough for me. I did forget to include social security, medicare, ...
by slowfi
Tue Jan 30, 2018 10:42 am
Forum: Personal Investments
Topic: Contributing more than earned income to Roth 401(k) + IRA
Replies: 5
Views: 808

Contributing more than earned income to Roth 401(k) + IRA

This is a strange question, but I am wondering if someone who makes $18,500 per year and who has an employer who allows contributing 100% of pay to a Roth 401(k) or 403(b) could legally contribute 100% of their pay and still contribute $5,500 additional dollars to a Roth IRA (from accumulated saving...