Search found 4312 matches

by dratkinson
Tue Oct 16, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Wallet-size personal investing handout to jumpstart learning.
Replies: 5
Views: 491

Wallet-size personal investing handout to jumpstart learning.

BH Wallet-size personal investing handout to jumpstart learning If you like this idea, feel free to modify it for yourself. In my beginning here, I was so excited by my changed investing success that I told everyone I met. Most seemed to be politely interested, so I don’t know if they did/could foll...
by dratkinson
Tue Oct 16, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Introduction and some questions!
Replies: 12
Views: 1173

Re: Introduction and some questions!

Suggested books. -- The Boglehead's Guide to Retirement Planning . -- How to Make Your Money Last , Jane Bryant Quinn. Most parts will not apply to your situation, skim them so you know they exist. Then read in-depth the parts that do. General advice. Where recommended author agree, that is the cent...
by dratkinson
Tue Oct 16, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 16
Views: 1214

Re: First time TLH Questions, constrained by spouse's work

If you sell all the shares purchased with the dividends before doing the TLH, you would avoid the wash sale. I believe this is incorrect. Works in taxable because you’re selling the replacement shares and thus realizing the “disallowed” loss that would have been added to their cost basis anyway. Do...
by dratkinson
Mon Oct 15, 2018 11:06 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 5710

Re: What the heck is growing in my yard?

Only deer I every got was with a 327 (in '62 Chevy Impala). Forester BIL harvested it after calling the police. Cost me a headlight and trim ring. Think I eventually ate some of that deer.


Waste not, want not. After you eat the inside out of roadkill, can turn the outside into carrion luggage.
by dratkinson
Mon Oct 15, 2018 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 16
Views: 1214

Re: First time TLH Questions, constrained by spouse's work

... If you sell all the shares purchased with the dividends before doing the TLH, you would avoid the wash sale. I thought about that. But didn't know how it would work. Why? The TA accounts are probably set up to use average cost basis, ...so how would OP target the sale to specific share lots---t...
by dratkinson
Mon Oct 15, 2018 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 16
Views: 1214

Re: First time TLH Questions, constrained by spouse's work

BH First time TLH Questions, constrained by spouse's work The short answer. --Every purchase (new money, reinvested distributions) results in replacement shares. --Every replacement share results in a wash sale when paired with a TLH (31-day window, plus/minus). --To reduce wash sale potential, own ...
by dratkinson
Sun Oct 14, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: 56-year-old beginning the Boglehead journey - tax efficiency question
Replies: 7
Views: 1020

Re: 56-year-old beginning the Boglehead journey - tax efficiency question

BH 56-year-old beginning the Boglehead journey - tax efficiency question Everything affects everything. You shouldn’t make any change without considering everything. So instead of trying to piecemeal your solution---asking one question at a time---it's a more efficient use of your time to tackle eve...
by dratkinson
Sat Oct 13, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: Gas Fireplaces
Replies: 22
Views: 1615

Re: Gas Fireplaces

Product manual. You'll need to read closely to determine if the unit will fit your application. All seem to be laid out a little different, so the information you seek may be buried in different sections. If it does not specifically say it will work for your application, then don't trust that it wil...
by dratkinson
Sat Oct 13, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Gas Fireplaces
Replies: 22
Views: 1615

Re: Gas Fireplaces

BH Gas Fireplaces Interesting to read what others have done. OP’s issues. Check the manufacturer's product manual carefully to understand unit’s capabilities. --Ensure it says it will work during a power outage. --Determine if control is for flame height (doesn’t control room temperature), or is a t...
by dratkinson
Sat Oct 13, 2018 6:48 am
Forum: Investing - Theory, News & General
Topic: Is EMH a tautology?
Replies: 108
Views: 4439

Re: Is EMH a tautology?

BH Is EMH a tautology EMH's scientific value. I don't have the background to dis/prove it. And reading discussions of deep theory (strong, weak, semi-strong) soon make my head hurt. As an average investor, I need simple action steps to execute. EMH's personal value. It offers an explanation for why ...
by dratkinson
Thu Oct 11, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tax loss harvesting bond funds?
Replies: 12
Views: 1041

Re: Anyone tax loss harvesting bond funds?

rookie question: if one is in a tax-free fund like the vanguard California Tax Exempt (VACDX), is tax loss harvesting even doable? VADCX perhaps? The short answer. Yes. A TLH is based on the fund's NAV. So if you have a loss on paper, you account for that on your taxes if you sell. Just like if you...
by dratkinson
Thu Oct 11, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 33
Views: 2654

Re: anybody sell I Bonds to buy something else?

Got on a simplification + tax-efficiency kick in 2015. (Forum had recently discussed ways to simplify our investments/lives prior to the onset of old age mental decline.) Adopted livesoft's idea to increase tax-efficiency. What? Get rid of investments that produce Sch B part I income. Why? Taxed as ...
by dratkinson
Thu Oct 11, 2018 12:05 pm
Forum: Personal Consumer Issues
Topic: Keep a backup hot water heater?
Replies: 97
Views: 4646

Re: Keep a backup hot water heater?

Replace your WH now if it worries you. If long outside of its warranty period, it may be too late to try to extend its life by replacing anode now*. * Tried to have my anode replaced when I bought house. Plumber wanted to know age of WH (manufacture date on metal tag) and its warranty period (model ...
by dratkinson
Thu Oct 11, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Feeling Guilt among family/peers
Replies: 42
Views: 5133

Re: Feeling Guilt among family/peers

Might want to focus on the benefits of practicing stealth wealth vs conspicuous consumption. Practicing stealth wealth avoids a lot of problems (guilt, loan requests,...). Search: http://www.google.com/search?q=stealth+wealth For family/peers, if the talk turns to money, can volunteer something like...
by dratkinson
Wed Oct 10, 2018 9:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 177
Views: 22426

2FA security code can be waived. It was for me.

(Read this page. Didn't read previous pages.) Received Vanguard email saying monthly statement was ready. Followed bookmarked URL to Vanguard statement webpage. (Old PC doesn't like Vanguard's new homepage or personal homepage.) Statement webpage request intercepted by login screen. (As normal. Old ...
by dratkinson
Wed Oct 10, 2018 4:38 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio Review Request - 5 years later
Replies: 10
Views: 1642

Re: Retirement Portfolio Review Request - 5 years later

Couple additional points I found out: 1) No charges or fees for brokerage link on current retirement plan - and it's a full trading capability brokerage account up to 100%, all available mutual funds, stocks, ETF's, etc. No issue with rolling over the old accounts - it appears I could roll over dir...
by dratkinson
Tue Oct 09, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio Review Request - 5 years later
Replies: 10
Views: 1642

Re: Retirement Portfolio Review Request - 5 years later

BH Retirement Portfolio Review Request - 5 years later Old 403b/401k. If former employers are charging you more to hold your money, may have option to... --Roll them into IRA(s). (More control.) --Roll them into current employer's 401k. (Have read this has more protection than IRA. Research this.) R...
by dratkinson
Mon Oct 08, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: A strategy to pay off home at retirement?
Replies: 57
Views: 4160

Re: A strategy to pay off home at retirement?

Generally, I like the idea of being mortgage-free in retirement. One less thing to worry about. Idea. You might be able to have your cake and eat it too. How? Maybe consider paying off your house with a reverse mortgage. I have no idea how the numbers work out. Don't know if a RM is a good idea if ...
by dratkinson
Sat Oct 06, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: A strategy to pay off home at retirement?
Replies: 57
Views: 4160

Re: A strategy to pay off home at retirement?

Generally, I like the idea of being mortgage-free in retirement. One less thing to worry about. Idea. You might be able to have your cake and eat it too. How? Maybe consider paying off your house with a reverse mortgage. I have no idea how the numbers work out. Don't know if a RM is a good idea if i...
by dratkinson
Thu Oct 04, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: What's the best method for immediately selling off my ESPP shares?
Replies: 25
Views: 2017

Re: What's the best method for immediately selling off my ESPP shares?

BH What's the best method for immediately selling off my ESPP shares. I always calculated the minimum share price to not end up with a loss after commissions and did a limit order for that. Why did I not want a loss? I often had new shares being purchased within 30 days and didn’t want to end up wit...
by dratkinson
Sun Sep 30, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Water on Countertop in Basement
Replies: 15
Views: 1209

Re: Water on Countertop in Basement

Idea. --Buy a water alarm ("The Watchdog" water alarm, HD, 9v). --Dry the spot. --Put water alarm in same spot. --Wait for it to alarm and then go see where the water is coming from. When done with this experiment. Place water alarm in basement near water heater, or under first-floor water sources (...
by dratkinson
Sun Sep 30, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Desperate for FInancial Help
Replies: 11
Views: 1230

Re: Desperate for FInancial Help

... My wife says that I should just not worry about it for 5 or 10 years, reevaluate, and sell the house for income if necessary. ... Believe you are correct to worry about this now---come up with a plan, and backup plans before you hit the edge of the cliff. Option example. If you don't want to se...
by dratkinson
Sat Sep 29, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: First time investing: need help building lazy portfolio [Interactive Brokers] [Taiwan]
Replies: 16
Views: 1115

Re: First time investing: need help building lazy portfolio [Interactive Brokers] [Taiwan]

I recall there is a Bogleheads chapter in Taiwan. Suggest contacting some of the identified members, attend some of their meetings, to see what they recommend. See "Taiwan Local Chapter": https://www.bogleheads.org/forum/viewtopic.php?t=105598 If above doesn't get you what you need, then try: Search...
by dratkinson
Sat Sep 29, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: Why don't I read about this strategy more? It seems reasonable and pretty straight forward.
Replies: 68
Views: 8492

Re: Why don't I read about this strategy more? It seems reasonable and pretty straight forward.

Larry Swedroe (recommended author) wrote a book entitled "The Quest for Alpha", in which he lists the multiple long-term failings of active management to produce excess return (alpha) against the market. Hard to believe he intentionally omitted a method that is guaranteed to produce a long-term win....
by dratkinson
Sat Sep 29, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: What's the best method for immediately selling off my ESPP shares?
Replies: 25
Views: 2017

Re: What's the best method for immediately selling off my ESPP shares?

I don't have a dog in this fight, but trying to learn. Are LTCGs a consideration? Is there any way to sell a year later and only pay LTCGs? Would the LTCG advantage make up for minor stock price fluctuations? (Edit to add) Never mind. Found it. Search: http://www.google.com/search?q=ESPP+LTCG Exampl...
by dratkinson
Thu Sep 27, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to charge much higher than Credit Card Limit
Replies: 39
Views: 3457

Re: How to charge much higher than Credit Card Limit

Here is what I used to do when I paid my full tuition using my credit card (way over my limit) so I could get the miles. I would deposit/over pay the card IN ADVANCE. I would end up with a large credit balance on the card, which would easily cover the big charge. It worked all 4 years at the Univer...
by dratkinson
Mon Sep 24, 2018 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 6352

Re: Emotional Investor - I'm a mess and need help!

BH Emotional Investor - I'm a mess and need help! ...I get impatient with my investments and after setting a financial plan tend to mess things up 6-12 months in. ... I sell too fast and buy instinctively and I know that if I don't change my pattern soon I will end up with zero to show for all my in...
by dratkinson
Sun Sep 23, 2018 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 6352

Re: Emotional Investor - I'm a mess and need help!

BH Emotional Investor - I'm a mess and need help! The good plan. ...my personality of aiming for perfection... The enemy of a good plan is the dream of a perfect plan. --Prussian General Karl von Clausewitz Market investing for retirement is about the good plan---investing in the average. Why? There...
by dratkinson
Sat Sep 22, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Re: Best corporate long-term bond fund

Are you retiring in Europe? I ask because recall uncle sugar (US) will take a large bite out of your return if invest in US-domiciled investments from overseas. In this case, believe most recommend not using US-domiciled investments. See wiki: https://www.bogleheads.org/wiki/Outline_of_internationa...
by dratkinson
Fri Sep 21, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 55
Views: 4015

Re: Tax Loss Harvest (TLH) VWIUX

Have learned I was making another mistake. What? The LT national fund does not have "bonus dividends". Why? Because the SEC Yield calculation is based on shares outstanding. So, no bonus shares = no bonus dividends. See answer: https://www.bogleheads.org/forum/viewtopic.php?p=4130742#p4130742 Sorry ...
by dratkinson
Fri Sep 21, 2018 6:46 pm
Forum: Investing - Theory, News & General
Topic: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]
Replies: 38
Views: 3551

Re: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]

Bonus dividends. As VWLTX has a lower price than VWITX, you'll buy more shares for the same purchase. Meaning, you'll earn bonus dividends from the additional shares purchased. This is nonsense. Comparing prices between two mutual funds is absolutely meaningless. Any "bonus" dividends that VWLTX is...
by dratkinson
Fri Sep 21, 2018 7:18 am
Forum: Investing - Theory, News & General
Topic: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]
Replies: 38
Views: 3551

Re: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]

Fun fact. If you are interested in VWLTX, it provides bonus dividends when compared to VWITX. Bonus dividends. As VWLTX has a lower price than VWITX, you'll buy more shares for the same purchase. Meaning, you'll earn bonus dividends from the additional shares purchased. I believe VWLTX's current bon...
by dratkinson
Fri Sep 21, 2018 6:41 am
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Re: Best corporate long-term bond fund

Are you retiring in Europe? I ask because recall uncle sugar (US) will take a large bite out of your return if invest in US-domiciled investments from overseas. In this case, believe most recommend not using US-domiciled investments. See wiki: https://www.bogleheads.org/wiki/Outline_of_international...
by dratkinson
Thu Sep 20, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 55
Views: 4015

Re: Tax Loss Harvest (TLH) VWIUX

Dratkinson: Prefunded: I'd like to see what you find out. I owned BMBIX for several years and didn't notice any tax issues...that doesn't mean a whole lot. I did a quick search and found something about "refunded" in a tax bill ...but nothing in a tax law . I'm not planning to research BMBIX; would...
by dratkinson
Wed Sep 19, 2018 6:05 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 55
Views: 4015

Re: What Would L Swedroe, R Ferri, and W.Bernstein Buy?

Thanks Dratkinson! Vang. Long Muni is looking better! Using these numbers what would Larry, Rick, or Bill buy? My guess is that Larry and Bill would go with BMBIX; Rick would split VWIUX and VWLUX. Dratkinson would go with VWLUX; Hudson would go with VWIUX; Artsdoctor would go with VWIUX. (Larry wo...
by dratkinson
Tue Sep 18, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 55
Views: 4015

Re: Tax Loss Harvest (TLH) VWIUX

^ I prefer: Be greedy when others are fearful; be fearful when others are greedy. :) N.B. Above must be tempered by the fact that Mr. Buffett also said, “Don’t be too greedy.” Within reason---as allowed by recommended authors and forum wisdom---I believe it’s okay to reach for additional yield. Prov...
by dratkinson
Mon Sep 17, 2018 6:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 80
Views: 10327

Re: Vanguard Precious Metals and Mining Fund is changing

^^^ An investor taking a loss doesn't get much help if PMM is held in a rIRA. The description makes it sound like a commodities fund, with a PMM tilt. Not certain what commodities are up when equities are down. Thought commodities were stable, at best, in bad equity years. But if the new incarnation...
by dratkinson
Mon Sep 17, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 55
Views: 4015

Re: Tax Loss Harvest (TLH) VWIUX

I've edited my post above with additional thoughts that may interest you. If you TLH to VWLTX, I'd be curious to know your thoughts/experience. If you make it back to VWIUX. Or not. :) Thanks Dratkinson! I've TLHed to Vang.'s Long Muni before...nice distributions. I think that I need to stay away f...
by dratkinson
Sun Sep 16, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 55
Views: 4015

Re: Tax Loss Harvest (TLH) VWIUX

I've edited my post above with additional thoughts that may interest you.

If you TLH to VWLTX, I'd be curious to know your thoughts/experience. If you make it back to VWIUX. Or not. :)
by dratkinson
Fri Sep 14, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 55
Views: 4015

Re: Tax Loss Harvest (TLH) VWIUX

By my actions, you know Vanguard's muni mmkt was not MY choice. But I believe it's a very good choice to keep TLHing simple, because there is almost nothing to research/think about. But after you've done the research/thinking---which you've done now---you can use something better. To that end.... I ...
by dratkinson
Thu Sep 13, 2018 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 55
Views: 4015

Re: Tax Loss Harvest (TLH) VWIUX

BH Tax Loss Harvest (TLH) VWIUX "Daily-accrual" muni fund. A daily-accrual muni fund (not ETF) is exempt from IRS 6mo holding period requirement to protect tax-exempt dividends. Meaning shares are easy to sell (only simple CG reporting required). See "Loss on mutual fund shares held 6 months or less...
by dratkinson
Wed Sep 12, 2018 3:22 am
Forum: Investing - Help with Personal Investments
Topic: Opinion's: Best time to withdraw RMD's when required to do so.
Replies: 42
Views: 3253

Re: Opinion's: Best time to withdraw RMD's when required to do so.

Not my situation, but.... If you don't need the RMDs to live on, have seen others suggest taking the RMD for this year (the requirement), and then convert some an additional amount (but not enough to enter next tax bracket) into a Roth IRA. The idea being that the conversion will lessen your 31 Dec ...
by dratkinson
Tue Sep 11, 2018 8:21 pm
Forum: Personal Consumer Issues
Topic: Hurricane Florence - survival guide
Replies: 87
Views: 6654

Re: Hurricane Florence - survival guide

They then proceeded to start their generator and attempted to turn on every appliance in the house destroying their generator. What? How is this possible? I am forking out for a Generac natural gas automatic generator scheduled to be installed in a couple of months, due to the queue. My understandi...
by dratkinson
Sat Sep 08, 2018 6:06 am
Forum: Investing - Help with Personal Investments
Topic: 26 Year Old Asking For Advice
Replies: 19
Views: 3086

Re: 26 Year Old Asking For Advice

BH 26 Year Old Asking For Advice High level stuff offered without knowing your details. Saving $3-5M in 14 years, assuming the market returns 7%/yr, means you need to save $135K ($3M) to $225K ($5M) per year. This is in addition to paying off your mortgage before you retire. (Also assumes a market c...
by dratkinson
Fri Sep 07, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: What experts say about "Stay-the-Course"
Replies: 21
Views: 8486

Re: What experts say about "Stay-the-Course"

Jack Bogle: "Stay the Course. No matter what happens , stick to your program. I've said "Stay the course" a thousand times, and I meant it every time. It is the most important single piece of investment wisdom I can give to you." Certainly good general advice. But Mr. Bogle didn't always stay the c...
by dratkinson
Mon Sep 03, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3769

Re: Edward Jones advising roll over 401K to their IRA

I just bought "The Coffeehouse Investor" and I should get it in 2 weeks. Do you have a public library in your area? If so, you may have already bought this book with your tax dollars. If they don’t have it, ask them to buy it. If you don’t have a library, the library does not have it, or the librar...
by dratkinson
Sun Sep 02, 2018 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3769

Re: Edward Jones advising roll over 401K to their IRA

... Respectfully, your math is wrong. The 25% tax applies on the 7% return, not the 4% inflation-adjusted return. (-1.75% = 7% x (-25%); so worse than illustrated above.) But to be even more accurate, it applies to neither. Taxes applied to either dividends, interest, or realized capital gains. I c...
by dratkinson
Sat Sep 01, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3769

Re: Edward Jones advising roll over 401K to their IRA

I want to thank everyone for the knowledge and advice. I will start with the suggestions this weekend. I feel much better about calling EJ and telling the advisor I won't be turning over my money currently in the 401Ks. No reason to call EJ back. The advisor is a friend of my employer. He also mana...
by dratkinson
Fri Aug 31, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3769

Re: Edward Jones advising roll over 401K to their IRA

1. Do it yourself. Don't use EJ. 2. Assuming your 401ks are pre-tax---you didn't pay tax to put money into them, and maybe got a tax deduction for the contributions---then converting any of them into a rIRA (Roth IRA) will result in a tax bill next April. So may not want to do that. But if your 401k...
by dratkinson
Thu Aug 30, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for the promotional $$ deposited into tIRA after execution of Backdoor Roth
Replies: 7
Views: 399

Re: Suggestions for the promotional $$ deposited into tIRA after execution of Backdoor Roth

Dumb question perhaps. If you can't get the $500.75 rolled over into your solo 401k, can it be an additional amount converted into your backdoor Roth? See IRS Rollover Chart: https://www.irs.gov/pub/irs-tege/rollover_chart.pdf I believe chart implies you can do multiple tIRA-->rIRA in one year. If a...