The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Cash balance plans discuss
| ,.,,,. | 06/30/24 |
| Fucking Fuckface | 06/30/24 |
| .,.,.,,,,.,...,.,...................., | 06/30/24 |
| ,.,,,. | 07/01/24 |
| ,.,,,. | 07/01/24 |
| ,.,,,. | 07/01/24 |
| ,.,,,. | 07/01/24 |
| ,.,,,. | 07/01/24 |
| Boner in Yoga Pants | 07/01/24 |
Poast new message in this thread
Date: June 30th, 2024 12:50 PM Author: ,.,,,. If my employer offers that and I max out 120k/yr with goal to decrease tax bracket and retire in 10yrs? (http://www.autoadmit.com/thread.php?thread_id=5548081&forum_id=2...id#47794809) |
Date: June 30th, 2024 1:19 PM Author: Fucking Fuckface What the hell are you asking? (http://www.autoadmit.com/thread.php?thread_id=5548081&forum_id=2...id#47794902) |
|
Date: June 30th, 2024 4:30 PM Author: .,.,.,,,,.,...,.,...................., I put about 100k per year in my cash balance plan. Plus 401k max both employer and employee amounts ($66k), and HSA max.
That, plus some 529 plans, and I hope to retire after 15 more years.
|
 |
Date: July 1st, 2024 12:27 AM Author: ,.,,,. Is the idea that in 10 or whatever years u stop working and just convert 200k/yr into roth while use savings for spending on things? (http://www.autoadmit.com/thread.php?thread_id=5548081&forum_id=2...id#47796515) |
|
Date: July 1st, 2024 3:35 PM Author: ,.,,,. If I put $ into cash balance I avoid Medicare tax forever, which is only 2%. I will not avoid ssn since it's maxed out anyway. My tax bracket may be 37%. But if I'm married in the future and quit my job and live off savings I can convert 380k/yr to roth at 24%? So 15% save rate (http://www.autoadmit.com/thread.php?thread_id=5548081&forum_id=2...id#47798653) |
|
Date: July 1st, 2024 3:37 PM Author: ,.,,,. Also would avoid the 3.9% niit. So in fact 20% save rate (http://www.autoadmit.com/thread.php?thread_id=5548081&forum_id=2...id#47798658) |
|
Date: July 1st, 2024 5:57 PM Author: ,.,,,. If I put 150k into cash balance in a year and end up paying 15% less tax on that layer on, i.e. 24% instead of 39%. Is this the same as getting 200k instead of 150k w2? Or is the difference more substantial because of that extra 3-5% yield over 10 years? (http://www.autoadmit.com/thread.php?thread_id=5548081&forum_id=2...id#47799215) |
|
Date: July 1st, 2024 6:35 PM Author: ,.,,,. Just thought of this. If instead of putting 150k into cashbalance I just pay 40% tax and invest it , I cannot even convert it into roth. I'll be taxed again each time I make a trade or if I keep it in savings get taxed 40% on that 4% interest. Cash balance will yield 3-5% and be converted into roth at 24% tax max. I'd have to beat the market each year to even try to match that. (http://www.autoadmit.com/thread.php?thread_id=5548081&forum_id=2...id#47799409) |
|
Date: July 1st, 2024 6:43 PM Author: Boner in Yoga Pants Just burn it you don’t need fraud jew numbers on a screen (http://www.autoadmit.com/thread.php?thread_id=5548081&forum_id=2...id#47799442) |