04-06-2021, 07:09 AM
(This post was last modified: 04-06-2021, 07:11 AM by ken-do-nim.)
Big day ahead! I get to touch pretty much all of my accounts.
401k
I'm dropping down from 12% of my salary into the tax deferred plan to 6% of my salary into the ROTH plan. Rationale is that if I want to retire at age 60, drawing down the ROTH proceeds and putting them into dividend stocks will be simple, but the tax deferred portion will be problematic to tap. It also frees up my monthly budget a bit.
HSA
About $900 to invest
Taxable
About $2000 left to invest
ROTH
I want to move more money into the industrials & transportation sector funds
IRA
I created the IRA in preparation for the ROTH rollover last night. Now to figure out how long I need to keep it before I file the paperwork for the rollover, and try to move another $6k in.
401k
I'm dropping down from 12% of my salary into the tax deferred plan to 6% of my salary into the ROTH plan. Rationale is that if I want to retire at age 60, drawing down the ROTH proceeds and putting them into dividend stocks will be simple, but the tax deferred portion will be problematic to tap. It also frees up my monthly budget a bit.
HSA
About $900 to invest
Taxable
About $2000 left to invest
ROTH
I want to move more money into the industrials & transportation sector funds
IRA
I created the IRA in preparation for the ROTH rollover last night. Now to figure out how long I need to keep it before I file the paperwork for the rollover, and try to move another $6k in.