Roth 401k, 3x Contributions Of Roth IRA, FIRE Game-changer?

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. Feb 22, 2023i’m planning on opening a roth ira with vanguard.

Aug 1, 2021after that, then go roth, or max the 401k and then roth after if that's your jam. For anyone with experience in opening/maintaining a roth ira. Just opened up a roth ira with fidelity.

It says “your roth ira isn’t fully invested” and when i go to tap on that, it says “forge your investment path” with 3. Trying to understand whether i should contribute to a roth or traditional 401k, and i'd like help clarifying my understanding of how each account is taxed. I use contributions to refer to the amount of money.

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). Jan 30, 2023the process behind a backdoor roth is to contribute non-deductible contributions to a traditional ira and then convert the contributions to a roth ira. What’s the best way to get started in a roth ira?

New to this sub and to reddit but i’m 24 and unmarried and i’ve been looking to start a roth that’s basically hands off. Jan 4, 2024a few weeks ago i finally opened a roth ira with fidelity, transferred the max yearly contribution over.