Search found 4 matches

by spacely
Thu Sep 17, 2020 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Front load years 401k contributions when moving from high tax state to no tax state?
Replies: 16
Views: 1064

Re: Front load years 401k contributions when moving from high tax state to no tax state?

Yes, sorry for the ambiguity. I am keeping the same job and was talking about just front-loading during the year of the move only. I will continue to contribute in future years. I was thinking if I contribute all pre-tax/19,500 in the first few months it will greatly reduce my state income taxes bef...
by spacely
Thu Sep 17, 2020 10:01 am
Forum: Personal Investments
Topic: Please comment on AmericanExpress online savings
Replies: 43
Views: 3068

Re: Please comment on AmericanExpress online savings

Another satisfied customer. If rates drop much more it might not be worth dealing with another bank.
by spacely
Wed Sep 16, 2020 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Front load years 401k contributions when moving from high tax state to no tax state?
Replies: 16
Views: 1064

Re: Front load years 401k contributions when moving from high tax state to no tax state?

Thanks everyone for the info and welcomes. I’ve been a long time lurker, I plan on posting more. I will plan on doing the traditional 401k contributions before moving. As far as retirement account savings rate I am about 25% on >200k. Beyond the traditional limit I have a mega Roth. I know it could ...
by spacely
Wed Sep 16, 2020 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Front load years 401k contributions when moving from high tax state to no tax state?
Replies: 16
Views: 1064

Front load years 401k contributions when moving from high tax state to no tax state?

If next year I am moving from a high tax state to a no tax state for the majority of the year, regarding taxes, is it smarter to front load traditional 401k contributions while living in the high tax state or will I end up owning the same amount either way?

Thanks for any advice!