Sentences with phrase «after tax accounts»

I like the flexibility I have with such a large percent in after tax accounts.

The majority of my available assets are in after tax accounts.

350k in 401k (I've recently bumped up my contributions to start maxing it out) Around 68K in Roth IRAs Around 80k in 529 plans Around 50k in an e-trade type of after tax account — this is where I want to start aggressively building up passive income investments, with dividend stocks and REITS.

Sure I can access my contributions to a Roth and there are some other rules that allow you to access retirement accounts a little early if you are retired, but I want the flexibility of having after tax accounts at my disposal.

I wish I had saved more dollars in after tax accounts as I could now use them to dilute income and better manage tax and Medicare costs.

Murawski notes that this is a good time to decide which accounts you want to invest in, including 401K, Roth IRA, Traditional IRA, Simple IRA, SEP IRA, Defined Benefit Plan, and after tax accounts.

Hi Sam, your words «I can either save $ 50,000 in a SEP IRA, or invest in an after tax account even more.»

I'll take my required minimum distributions from my traditional retirement accounts and transfer the funds to my after tax accounts.

I've always been focused on growing my 401k balance, but after recently being introduced to the world of FIRE, I've kickstarted my investing in after tax accounts.

Whoops, I mixed up the pre-tax account and the after tax account.

I have to be missing something here as it appears you're indicating in your Roth 401k breakdown the amount contributed to the pre-tax account (Roth) is the same as the after tax account (Traditional).

So, if you elect to have a Roth 401k, you basically have two accounts to keep track of: your pre-tax and your after tax account.

I'm not too worried though since I'm investing only $ 700 + in my after tax account and $ 10k in my Roth IRA which is less than 5 % of my portfolio (my personal rule of thumb is to never invest more than 5 % in untested / alternative investments).

I had cash on hand (well, invested in the market, but in an after tax account) of 60k.