What's the point of Roth IRA? : r/personalfinance - Reddit
Roth accounts are a hedge against future tax hikes and tax rate insecurity. There’s a reason Roth accounts are always subject to elimination every few years, tax revenue from Roth users is far less …
Can someone explain 401k, Roth 401k and a Roth IRA to me like
Mar 28, 2024 · In a roth or a tradition ira/401k its on taxed once (either when you earn it for roth or when you cash it out for traditional) Ex-$1000 Traditional IRA- no tax, leave it for a long time, grows to 5k, …
Proper way to withdraw contributions from Roth IRA? - Reddit
Apr 9, 2024 · The 5 year clock on your Roth IRA starts when you open your first Roth IRA, so if this account was your first Roth then that clock is still running. You will have to pay income taxes on …
Did I mess up doing traditional instead of Roth? : r ... - Reddit
Maxing Roth is better than maxing traditional, if you're doing that. No income tax state, Roth is likely better. At the end of the day, the difference between trad and Roth probably won't be that much
Roth IRA: invest on my own or have Fidelity manage it? : r ... - Reddit
Feb 5, 2024 · However, it is important to do your own research and make the best decisions for you and your unique circumstances. As you may be aware, a Roth IRA is a tax-advantaged retirement …
Does anyone use Robinhood for their Roth IRA or IRA? : r ... - Reddit
Hey guys I know Robinhood has a 1% match for both Roth and regular Ira accounts. Right now I use vanguard for my Roth IRA. I was wondering if you guys think it worth the move to get the 1% match. …
Roth IRA Recommendations? : r/fidelityinvestments - Reddit
Apr 24, 2024 · Additionally, because you're investing in a Roth IRA for retirement, you can use the Retirement Planning & Guidance Center to set goals and analyze your situation to see how you're …
Better to put dividend stocks/ETFs in a Roth IRA and growth ... - Reddit
And in a Roth both compound well. Sure 'growth' may see a larger total return and this could make sense to prioritize them in Roth since they could therefore have a larger tax burden dude to higher …
What to invest in? Roth IRA : r/personalfinance - Reddit
Feb 22, 2023 · I’m planning on opening a ROTH IRA with vanguard. I’m overwhelmed at choosing what to invest my money in. Help! Any and all advice is appreciated.
Is roth 401k really better than traditional? - Reddit
As you get older and start earning more, though, it makes more sense to switch to traditional (especially since you have the option of supplementing your 401k with a Roth IRA). Traditional also leaves the …