Hi,
I have been reading on this (super smart and helpful) forum for a couple of months but its my first post here.
Here is roughly what I have going for retirement assets (Approx 55k), and I appreciate your input as I try to get better at this. I am aware these may be poorly managed, but thats the point...
A) TIRA w/ Betterment - 7k (rolled over from previous employer, no contribution in >3 yr)
US Total Stock Market: 15%; US Large-Cap Value: 15%; Developed Market: 30%
B) Taxable account w/ Betterment 90% stocks - 7k (no recent contribution)
US Total Stock Market: 15%; US Large-Cap Value: 15%; Developed Markets: 35%; Emerging Markets 10%
I know the above are redundant, and hope there is a way to change that in Betterment.
C) 403b w/ Metlife - 10k (from previous employment, no contribution in > 3 yrs)
D) Roth 403b w/ TIAA Lifecycle 2045 - 5k
E) 403b TDA retirement plan w/ TIAA lifecycle 2045 - 20k
My plan is to
1. Convert TIRA to Roth (under current 403b, or new Vanguard account) by April
2. Roll over dead 403b into current employer 403b
3. Max out on 403b/401k deductions
4. Plan to learn about Backdoor Roth contribution.
5. Plan to learn about HSA account and deduction since I have high deductible account.
Please let me know what you think about the above (Betterment, roll over to TIAA or Vanguard, and the plan). Appreciate minor to major overhaul suggestions for the above.
Thanks y'all!
I have been reading on this (super smart and helpful) forum for a couple of months but its my first post here.
Here is roughly what I have going for retirement assets (Approx 55k), and I appreciate your input as I try to get better at this. I am aware these may be poorly managed, but thats the point...
A) TIRA w/ Betterment - 7k (rolled over from previous employer, no contribution in >3 yr)
US Total Stock Market: 15%; US Large-Cap Value: 15%; Developed Market: 30%
B) Taxable account w/ Betterment 90% stocks - 7k (no recent contribution)
US Total Stock Market: 15%; US Large-Cap Value: 15%; Developed Markets: 35%; Emerging Markets 10%
I know the above are redundant, and hope there is a way to change that in Betterment.
C) 403b w/ Metlife - 10k (from previous employment, no contribution in > 3 yrs)
D) Roth 403b w/ TIAA Lifecycle 2045 - 5k
E) 403b TDA retirement plan w/ TIAA lifecycle 2045 - 20k
My plan is to
1. Convert TIRA to Roth (under current 403b, or new Vanguard account) by April
2. Roll over dead 403b into current employer 403b
3. Max out on 403b/401k deductions
4. Plan to learn about Backdoor Roth contribution.
5. Plan to learn about HSA account and deduction since I have high deductible account.
Please let me know what you think about the above (Betterment, roll over to TIAA or Vanguard, and the plan). Appreciate minor to major overhaul suggestions for the above.
Thanks y'all!
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