Recent content by jIMOh

If you can cite IRS publications, you know more than my CPA and I do I am 50 yo I am changing employers and new employer has a SIMPLE IRA old employer is a 401k and I also started a catch up contribution- will be maxed out if I stay (ytd contributions are $2616 401k, $1125 catch up $3778 Roth...

Is an after tax 401k like a non deductible IRA? Does this affect the amount I can contribute to the pre tax and Roth 401k? I am 49, will it affect catch up contributions to 401k?

I've already signed up for the new 401k, same funds as old one ironically, Vanguard mutual funds and I'll take a snip of the funds next time I check (I haven't even gotten paid yet, so it might take a month to kick in)

I just changed jobs and have some issues I have not dealt with before. Bear with long winded post I have a large 401k rollover going to my existing Roth and Rollover at etrade, by time transaction closes, account should be $260k which is most of my retirement balance. My old job had a 9%...

Why are older people less likely to work remotely?

The IRA I am rolling this into has 3 existing rollovers/ 3 old employers plans in it. The rollover process appears to have many "interesting" characteristics or use cases. Transamerica always required me to use their paperwork and had no online process. Principal (had 2 401ks there) would...

appreciate the detail, thank you

help me understand 401k to an IRA is a rollover, right? Yes the trustee is changing too an IRA at a bank to an IRA at a broker would be a trustee to trustee transfer?

I had a 401k with about $11k in it which I needed to roll into my etrade IRA the 401k was with slavic 401k thru paychex the IRA is with etrade On Dec 22 I initiated the transfer I have checked etrade daily, no deposit shown today I checked slavic, it has a $0 balance how long should the...

Brief update, I figure out how to break down some of 401k balances 401k- my contributions $93,000 (combo of Roth contributions, pre-tax contributions and pre-tax match) now invested 30% S&P 25% small cap 25% global 10% bond 10% real asset Defined contribution (pre-tax) balance is $23,000 now...

There are months where technology lags, and I follow two guidelines 1) the sectors which make up S&P are held in portfolio 2) I try to overweight the sectors I think will move market (tech, healthcare, financials) when in doubt as to what to buy (because as you pointed out, some sectors are...

190K total 78K in IRA split between a rollover IRA and a Roth which has some rollover money and some contributions 112k in combined 401k accounts I don't know if its important to distinguish the 401k I contribute to and the 401k the company contributes to? I am vested in both. My 401k is Roth...

There are two 401k accounts, one is a traditional 401k, one is a defined contribution plan (5% of pay fixed) and both get invested the same way. The defined contribution is always pre-tax, the 401k has a Roth, pre tax and post tax option. $112k was account balance when I typed post. There is...

Goal- 50k in retirement income (this was stated in OP) Goal- retire at or before age 72 (stated in OP)

Are the Vanguard funds NTF at Etrade? All tickers listed are Vanguard ETFs and are NTF at etrade. I buy the sector at the bottom each month, not the one at the top. (Buy=Low) Before my first divorce 8 years ago I had a portfolio slightly larger than where I am now. Either way, can't look...