27k per year! At 5% real return over 30 years that's 90k untaxed capital gains at the end! EVERY YEAR BLLLLAAAAAAAARRRRRRRGGGGHHHHHHHHHH
-
-
Show this thread
-
-
the tax code was designed for DnD minmaxers and after tonight I feel I have Not been living up to my early promise
Show this thread -
was going to try pay off my grad student federal loans this year using the dumb interest rate as a Motivator but now I think the smart move is consolidating to kill the interest rate and dump the difference into a rollover
Show this thread -
New conversation -
-
-
ahem, minimisation
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
20-year-old me: 401(k) roth ira matching fuck you man, it's not like society will survive the next 40 years 30-year-old-me: well actually, if you incorporate as an S-Corp, you can bypass the AMT and ALSO save on payroll taxes by... YOU STAND GODDAMN STILL WHILE I'M TALKING TO YOU
-
20 year old me is such an arrogant free willing know-it-all asshole!
End of conversation
New conversation -
-
-
accountant gf: but you're so smart, anon! wtf
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Are you talking about rolling it into a Roth IRA?
-
naw you can make after-tax contributions to a 401k plan and have them rolled up into a Roth 401k immediately after this nets roughly a 27k increase to the limit on tax-advantaged plan contributions past the 19k base
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.