pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Based on the inspiration on these boards and years of planning, I am finally pulling the plug on w*rking. While many days I still enjoy my j*b, I just have other things that I want to do with my life.
I will leave around year end, but I have some say in the matter. If I wait until early 2012 it will push my unpaid vacation that I will receive upon leaving (about 6 weeks) into 2012 when my marginal tax rate will be much lower.
Also, I will have some earned income to be able to make a Roth contribution in 2012 if I do this. But this is less of an issue in that I plan to do Roth conversions up to the top of the 15% bracket from now until I start drawing my pension (in about 5 to 7 years) but leaving in 2012 will somewhat reduce the amount of conversions to Roth that I can do in 2012.
I could leave at the end of 2011 if I want to. From a benefits perspective it doesn't make much of a difference since most benefits are earned pro rata (like vacation for example).
Are there other things that i should be considering in deciding whether to leave at the end of 2011 vs the beginning of 2012?
I will leave around year end, but I have some say in the matter. If I wait until early 2012 it will push my unpaid vacation that I will receive upon leaving (about 6 weeks) into 2012 when my marginal tax rate will be much lower.
Also, I will have some earned income to be able to make a Roth contribution in 2012 if I do this. But this is less of an issue in that I plan to do Roth conversions up to the top of the 15% bracket from now until I start drawing my pension (in about 5 to 7 years) but leaving in 2012 will somewhat reduce the amount of conversions to Roth that I can do in 2012.
I could leave at the end of 2011 if I want to. From a benefits perspective it doesn't make much of a difference since most benefits are earned pro rata (like vacation for example).
Are there other things that i should be considering in deciding whether to leave at the end of 2011 vs the beginning of 2012?