So first of all, can I say how awesome your podcasts are? The drive to work is so much more enjoyable and I listen to the episodes multiple times since it goes over my head.
My husband and I (both physicians) recently moved to a very HCOL but high quality of life state (Hawaii)
We have paid all of our student loans, and have a paid rental property. We max out our 401k and backdoor roth as well as put away generously toward the girls 529. we are putting away close to 10000/month to a vanguard taxable account.
My job just started to offer mega roth for my position. The question is, for tax diversification, does it make sense for me to max out to that post-tax account and roll it into the roth the following year? If so, since the interest in the 'year of' gets taxed before being rolled over, is it better to contribute at the end of the year to get hit with less taxes, or the beginning for max return (in current market any way)
Thanks.
My husband and I (both physicians) recently moved to a very HCOL but high quality of life state (Hawaii)
We have paid all of our student loans, and have a paid rental property. We max out our 401k and backdoor roth as well as put away generously toward the girls 529. we are putting away close to 10000/month to a vanguard taxable account.
My job just started to offer mega roth for my position. The question is, for tax diversification, does it make sense for me to max out to that post-tax account and roll it into the roth the following year? If so, since the interest in the 'year of' gets taxed before being rolled over, is it better to contribute at the end of the year to get hit with less taxes, or the beginning for max return (in current market any way)
Thanks.
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