34 results in 0.0352 seconds.
Keywords
Members
Tags
-
New attending looking for advice on setting up a Solo 401k
Hi everyone. I'm a 2nd year emergency medicine physician and am looking into setting up a Solo 401k for the first time. For context I'm an independent...
-
Backdoor Roth IRA - conversion timing
Hi all,
I recently contributed $6k of after-tax money to a Fidelity traditional IRA with the plan of doing the backdoor Roth IRA. I do not...
-
New 1099 income
Hi All,
Long time listener, first time caller here.
I am a long term (>15 y) EM doc. I have been a w-2 employee my entire...
-
Inheritance without retirement account
My father passed away earlier this year, and as my mother also passed away several years ago, I now face several financial decisions. I've inherited my...
-
In congress: 529-to-Roth IRA rollover
Call your legislator…because why would anyone not want this?
“The bill, S. 4440, allows rollovers from a 529 plan into a Roth IRA without...
-
How much do we really need for retirement?
Hi WCI community! My wife is finishing fellowship and I am a newly minted attending. We are aiming for FIRE in the next 10-15 years and wanted to see...
-
2018 Roth contribution mistake
Dear All,
After I finished my medical training, an “advisor” rolled over my Pretax-retirement account directly to a ROTH IRA account....Last edited by JimmyH; 04-22-2022, 02:17 PM.
-
Roth or traditional 401k
I am 31 years old and 3 years out of residency as a general pediatrician making $230k/year. Since starting with my current employer I have been contributing...
-
Opinion on 457 b and 403 b investment options
Hey guys, I was hoping for some advice. My work's Retirement Accounts have limited investment options for their 403b and 457b investments. I've listed...
-
solo401k contribution confusion
My wife quit her employer in 2020. She opened a solo 401k in 2021, rollover the 401k from the custodian Guardian and contributed $19500 for her private...
-
Not sure if this plan is viable or makes sense (roth ira vs backdoor vs roth 403b)
I contributed to a roth ira (vanguard - vtsax) in 2021. I am going to file MFJ when we file taxes in next week or two. I have also been contributing to...
-
Help - Did I mess up my Backdoor Roth?
Thanks everyone in advance for the feedback. I know this is another BDR thread… I searched the forum, but did not have any luck finding my exact situation....
-
How to lower AGI in residency?
Hi all- looking for tips on how to lower my AGI in residency.
I'm an M4 graduating with 200k in debt, going into an academic specialty with...
-
Live off Signing bonus to reduce taxes
Questions regarding a unique situation:
TL;DR:
I am contemplating how to best handle a signing bonus while reducing the tax burden....
-
Need help rolling over SEP IRA into solo 401k
Hi! I have an old SEP IRA at Vanguard with about $180k that I would like to rollover into my solo 401k with Etrade so I can start to make Backdoor Roth...
-
W2 and ASC income
Long time lurker, first time poster. I am a W2 employed surgeon and going to invest as a partner in an ASC which is an LLC and a separate entity from...
-
Rollover IRA to Backdoor Roth IRA
Hello,
I have close to 12K in my rollover IRA. My wife is doing residency and she has 2 more years to go and then I think we will be in higher...
-
Retirement options - W2 & 1099 income
Hi all,
I have part-time w2 income and 1099 income. My W2 employer does not offer retirement plans. My thinking was that an individual 401k is my...
-
How to approach a defined benefit plan
My wife just accepted an academic position, and is being offered the choice between a defined benefit plan (6% of salary annually, with 0.013 x annual...
-
Withdraw from UTMA/Taxable Brokerage to Contribute to 401(k)?
Hey everyone, I have 3 questions. The first I think I know the answer to, the second and third I could use more guidance on.
I am about to...
-
401k not offered by employer
Hello WCI community,
I will starting a new job in August 2021 with $470k annual salary. I was hoping to max out my 401k starting out but this employer...
-
Balancing Debt and Investment
Hey all, hope everyone is having a healthy and improved 2021 compared to last year.
My wife and I are in our 2nd years out as attendings;...
-
Backdoor Roth after recharacterizing from the prior year
Hi everyone,
I graduated from fellowship this year. I previously thought I would be eligible to fully fund a Roth IRA because I took a few...Last edited by imdmd; 02-08-2021, 05:09 PM. Reason: to make my question more clear when I'm not overwhelmed by all the information
-
401a conversion to Roth IRA
I am a W2 employee of a University. I have an opportunity to contribute post tax dollars into a DCP (401a) plan and then roll over into a Roth IRA with...
-
Add to my Cash Balance Plan vs Taxable Account?
This is my 1st post ever and thank you in advance for your feedback.
I am 60 y/o solo urologist looking to transition to part time work in mid...
-
Need help firing a close friend/financial advisor
I'm a current medical student and have been helping my parents with their finances over the past year. I have a taxable brokerage account and Roth IRA...
-
Over 50 And Investing on Robinhood?
Hi All,
I'm a writer working with AARP the Magazine on a piece where I'm looking to speak with those over 50 years old and investing some...
-
From active duty to civilian TSP contribution limit?
Hello!
I am separating from the Army this June and have maxed out my TSP for the 2020 year with military income ($19,500). I am transitioning...
-
More than $19,500 in 401k or other retirement account
I am new to the Forum..so be kind! I now know how much I don't know. All my debts are paid and I am trying to max out my retirement contributions. I...
-
COBRA Continuing Coverage - Length of Coverage
As an emergency physician close to hanging it up after 35 years on the front lines, I'm planning on using COBRA to cover health insurance between age...
-
Traditional IRA Pitstop for 403b to 403b Rollover
My wife is a teacher, and we had a lot of trouble getting the retirement account vendor in one state to rollover funds to the new state. It ended up taking...