04/15/2014 19:51
Subject: Where to save after tax $? IRA, 529, or brokerage taxable account?
Can pp link to the bogle heads order page? I tried searching and couldn't find it.
Anonymous
04/15/2014 17:22
Subject: Where to save after tax $? IRA, 529, or brokerage taxable account?
Thanks! i did the backdoor roth for 2013 for both us. Wasn't that difficult after all! Will do for 2014 as well.
Anonymous
04/13/2014 20:01
Subject: Where to save after tax $? IRA, 529, or brokerage taxable account?
Boglehead has a nice chart on its wiki about the best order to fund savings vehicles. I believe it's 401k, then IRA, then 529, then low dividend mutual funds.
Anonymous
04/13/2014 16:04
Subject: Where to save after tax $? IRA, 529, or brokerage taxable account?
04/13/2014 15:18
Subject: Where to save after tax $? IRA, 529, or brokerage taxable account?
We are in our fifties and have 2 kids to get thru college. We have the 529 half funded for 4 years college. We fully funded our work related 401K and retirement plans. We have excess $ from divendends and capital gains. I'd like to avoid taxes until we get into retirement. Can we each fund an IRA (our total income is around $250k) for $6500 each at our brokerage? Or should we instead fund 529? These would be with after tax $. I don't think we are eligible for Roth otherwise i would do that.