HillCountry
Recycles dryer sheets
RetireAge50, you don't have anything in regular checking/saving account?
RetireAge50, you don't have anything in regular checking/saving account?
Still in accumulation mode, about 10 years pre-FIRE:
10% Tax-free (ROTH/HSA)
21% Tax-deferred (SEP IRA/401k rollover/Traditional IRA/Inherited IRA)
31% Total tax-advantage
I didn't. It's not quite like an IRA where you have to pay taxes on the entire withdrawal. Just that the accumulating interest is deferred until you redeem it making it similar to selling a non-dividend paying asset and paying taxes only on any capital gain. Of course, you are paying at ordinary income rates, not capital gains tax rates.Where should one count I-bonds? Probably tax-advantaged?
Yes we were limited to $3500 a year most of the working life but still got to over $600K. Thank you Mr Market!Wasn't eligible for the biggest tax deferred account (RSP).