#rothira — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #rothira, aggregated by home.social.
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Study Finds America’s New Retirement Age Is Death
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Study Finds America’s New Retirement Age Is Death
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Roth IRA vs Traditional IRA for Financial Independence
Ty J. Young Wealth Management marked its 28th year, highlighting that the right IRA choice can double retirement wealth. Discover which account fuels tax‑free growth and fits your future tax outlook.
https://401kguide.digital/roth-ira-vs-traditional-ira-financial-independence/
#rothira #traditionalira #taxfreegrowth #retirementplanning #incometaxbrackets
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Why My Collection of Old Slayer Shirts Is Better Than a Roth IRA
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Why My Collection of Old Slayer Shirts Is Better Than a Roth IRA
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Reinvesting your tax savings can turn a $7,500 contribution into $11,363 in your 401k. That’s the Tax Multiplier in action.
Why your 401(k) should come first:
https://mini-thoughts.com/why-your-roth-ira-is-costing-you-a-fortune-the-hidden-401k-tax-multiplier/#Investing #TaxEfficiency #401k #RothIRA #FinTwit #minithoughts
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Grandma explains why she doesn't get her grandkids Christmas gifts, and people are applauding
https://web.brid.gy/r/https://www.upworthy.com/why-grandma-doesnt-buy-christmas-presents
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Grandma explains why she doesn't get her grandkids Christmas gifts, and people are applauding
https://web.brid.gy/r/https://www.upworthy.com/why-grandma-doesnt-buy-christmas-presents
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How You Can Prepare For Further Tariff-Related Economic Turmoil
#us #economist #economy #stagflation #recession #inflation #trumpflation #trump #tariffs #usa #consumer #retail #spending #tax #business #trade #taxes #stagflationary #tariffs #imports #exports #labor #markets #finance #stocks #economic #groceries #grocery #jobs #layoff #layoffs #employment #unempoyment #maga #uspol #trade #tax #tariff #tradewar #global #markets #stocks #savings #investing #investors #401k #ira #rothira #bonds #equities
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"Because conversions can be an important component of being able to make Roth IRA withdrawals down the line, knowing when that money is or will be available is critical."
#personalfinance #rothira #rothconversion #rothiraconversion #earlyretirement #rothconversion #rothcontribution #rothdistribution #rothiraconversion #rothiracontribution #rothiradistribution #investment #financialfreedom #financialindependence #freedom #rothiraconversionladder #rothconversionladder
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Consider signing up for Robinhood’s new credit card. I lowkey want that gold version of the card, I would really appreciate 10 people’s help getting it!
https://robinhood.com/creditcard?referral_code=3189f0cf
Perks of subscribing to their gold membership isn’t just the card which has 3% cashback everywhere and 5% cashback on their travel portal, but you also get a 3% match when investing into your retirement account with them!
#investing #creditcard #robinhood #cashback #RothIRA #retirement #retirementplanning #travel
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Consider signing up for Robinhood’s new credit card. I lowkey want that gold version of the card, I would really appreciate 10 people’s help getting it!
https://robinhood.com/creditcard?referral_code=3189f0cf
Perks of subscribing to their gold membership isn’t just the card which has 3% cashback everywhere and 5% cashback on their travel portal, but you also get a 3% match when investing into your retirement account with them!
#investing #creditcard #robinhood #cashback #RothIRA #retirement #retirementplanning #travel
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CW: Long thread/4
Propublica's writers haven't merely confirmed just how little America's oligarchs pay in tax - they've also de-MEGO-ized each of these scams, like the way that #PeterThiel used the #RothIRA - a tax-shelter for middle-class earners to help save a few thousand dollars for retirement - to make *$5 billion* without paying *one cent* in tax:
https://pluralistic.net/2021/06/26/wax-rothful/#thiels-gambit
4/
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CW: Long thread/4
Propublica's writers haven't merely confirmed just how little America's oligarchs pay in tax - they've also de-MEGO-ized each of these scams, like the way that #PeterThiel used the #RothIRA - a tax-shelter for middle-class earners to help save a few thousand dollars for retirement - to make *$5 billion* without paying *one cent* in tax:
https://pluralistic.net/2021/06/26/wax-rothful/#thiels-gambit
4/
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“I know you’re shocked to be reading that the tax code is being exploited by some gazillionaire to avoid paying their fair share. But let’s look at how a Roth IRA has turned into the go-to vehicle for sheltering billionaires’ billions in appreciation.”
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“I know you’re shocked to be reading that the tax code is being exploited by some gazillionaire to avoid paying their fair share. But let’s look at how a Roth IRA has turned into the go-to vehicle for sheltering billionaires’ billions in appreciation.”
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In the spirit of "pay yourself first" and "buy low, sell high," I made my 2023 #RothIRA contribution this morning. I just wish I had more faith that the world economy will remain intact in #2045, the date for which this fund is targeted!
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RT Michael Kitces
SECURE Act 2.0: Later RMDs, 529-to-Roth-Rollovers, And Other Tax Planning Opportunities https://www.kitces.com/blog/secure-act-2-omnibus-2022-hr-2954-rmd-75-529-roth-rollover-increase-qcd-student-loan-match/
#Advicers #FinancialAdvice #Retirement #Investing #TaxPlanning #RothIRA
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Some really interesting changes that are coming into play affecting Roth IRAs with the expected passing of the Secure Act 2.0...
https://www.forbes.com/sites/jamiehopkins/2022/12/22/the-secure-20-acts-impact-on-roth-iras
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the web is going to shit more & more every day. Apparently not a single #RothIRA account provider exists that has a #CloudFlare-free website and is not #Tor-hostile.