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, …
SO Confused About How to Actually Invest my Roth IRA : r ... - Reddit
Jan 4, 2024 · A few weeks ago I finally opened a Roth IRA with Fidelity, transferred the max yearly contribution over. It was my understanding that the money would sit there and wouldn't grow until I …
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
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 …
What funds should I invest in for my Roth IRA account? : r ...
Sep 17, 2023 · Roth IRA Contribution Limits Since you mentioned opening an Individual Brokerage account for investing in mutual funds and index funds, I do want to make sure you're aware that …
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 …
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 …
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.
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. …
Schwab Backdoor Roth IRA Process: Instructions enclosed - Reddit
Feb 10, 2021 · I've posted her more than once. This is the first time I've encountered such clear-cut, wonderful instructions. Thank you so much!! Second, a question. I have a Roth IRA with Schwab and …