I'm 2nd year attending trying to straighten out my retirement accounts. I want to keep it simple and ideally would like to have a 70:30 stock to bond ratio and a 70:30 domestic to international stock ratio.
One issue I have is that I'm an employed physician and the only passive index fund available in through my employer is the Vanguard 500 index fund so that's the only fund I've been contributing to for my 401k and 457b.
I do have a backdoor roth (currently Vanguard 500 index fund) and taxable vanguard account (currently Vanguard 2045 target retirement fund) set up.
I would like to switch the Roth and my taxable account to the Vanguard Total International Fund and Vanguard Total bond Index to achieve my desired asset allocation.
Is there a tax advantage or rebalancing advantage to placing the international stock or total bond fund in the backdoor roth vs the taxable account?
Thanks!
Is there
One issue I have is that I'm an employed physician and the only passive index fund available in through my employer is the Vanguard 500 index fund so that's the only fund I've been contributing to for my 401k and 457b.
I do have a backdoor roth (currently Vanguard 500 index fund) and taxable vanguard account (currently Vanguard 2045 target retirement fund) set up.
I would like to switch the Roth and my taxable account to the Vanguard Total International Fund and Vanguard Total bond Index to achieve my desired asset allocation.
Is there a tax advantage or rebalancing advantage to placing the international stock or total bond fund in the backdoor roth vs the taxable account?
Thanks!
Is there
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