ST Alpha - "Buying....opportunity? -- nm" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 166

In response to "tale for you" by decline

Buying....opportunity? -- nm

Posted by ty97 Mar 10 '22, 09:10

(No message)

Responses:

I'm in the middle of our backdoor IRA contribution. Sold Tuesday and sitting in cash until next week. - spamlet Mar 10, 09:28
I upped my 403b contrib to 100% this month and will scale back the rest of the year. whatever, buy the dip. -- nm - amanda jeans Mar 10, 09:11 8
- I’m going mega backdoor again once my raise hits next month, probably, and am thinking of pulling forward my annual Roth IRA contributions - znufrii Mar 10, 09:24 4
  - I still don't understand mega backdoor, but I don't need to because I don't make enough! lose-lose, right? -- nm - amanda jeans Mar 10, 09:36 3
    - Your plan would have to allow for after-tax contributions, and then you’d need a way to convert those to Roth, which could be tricky, depending. -- (edited) - znufrii Mar 10, 09:41 2
      - and I'd need to make too much money to contribute to a roth which I do not! so.... -- nm - amanda jeans Mar 10, 09:55 1
        
        That’s just for the regular backdoor for IRAs. The mega backdoor option is for qualified retirement plans and would be in addition to your regular plan contribution limits regardless of income. -- nm* - znufrii Mar 10, 09:58
- My small lump sum pension check is rolling into my IRA account as we speak. -- nm - ty97 Mar 10, 09:14 2
  - "Funds should be available in 4-6 weeks" -- nm - Fidelity Mar 10, 09:14 1
    - Yeah they'll just wait until the market is back to an all time high probably -- nm* - ty97 Mar 10, 09:16

Post a message top

Buying....opportunity? -- nm

Replies are disabled on threads older than 7 days.