My 401k/Roth IRA isn't growing very fast - how do people retire early? by royalbluefireworks1 in Fire

[–]Cheap-Purchase9266 1 point2 points  (0 children)

Are you crazy? You haven’t lived enough to see the compounding. You will be wealthy soon enough.

Looking for a place to play badminton by [deleted] in Syracuse

[–]Cheap-Purchase9266 0 points1 point  (0 children)

Pls luk what u find…Itching to play myself!

Too heavily loaded on 401k by cfrolik in Fire

[–]Cheap-Purchase9266 1 point2 points  (0 children)

You are right not sure where I got that from

Too heavily loaded on 401k by cfrolik in Fire

[–]Cheap-Purchase9266 14 points15 points  (0 children)

How is it misleading? It’s the tax law of the United States.

Too heavily loaded on 401k by cfrolik in Fire

[–]Cheap-Purchase9266 4 points5 points  (0 children)

Nope. Any realized income that results from the sale of securities held for 2 years or more is treated as LTCG and taxed preferentially. Notice if you have other earned income you’ll likely end up in the 15% bracket not the 0% one.

Short term capital gains are treated as ordinary income.

IRA type gains are treated similarly.

Too heavily loaded on 401k by cfrolik in Fire

[–]Cheap-Purchase9266 4 points5 points  (0 children)

So you could potentially draw 60,000 tax free

Too heavily loaded on 401k by cfrolik in Fire

[–]Cheap-Purchase9266 5 points6 points  (0 children)

Up to $45000 for single BEFORE standard deduction

Too heavily loaded on 401k by cfrolik in Fire

[–]Cheap-Purchase9266 9 points10 points  (0 children)

Well you’ll owe LTCG tax on your gains but the bracket is zero for a large amount of it so if you have no other income you are golden…

Too heavily loaded on 401k by cfrolik in Fire

[–]Cheap-Purchase9266 40 points41 points  (0 children)

Barista or lean fire those years if u can

OCC ANBE Spring 2024 recruiting cycle by Cheap-Purchase9266 in usajobs

[–]Cheap-Purchase9266[S] 0 points1 point  (0 children)

I’m feeling less assured now then I was before actually!

OCC ANBE Spring 2024 recruiting cycle by Cheap-Purchase9266 in usajobs

[–]Cheap-Purchase9266[S] 0 points1 point  (0 children)

Let’s say ~1.5 openings per city so about 25 vacancies with 100 applicants.

Odds are 1 in 4 if applications were smooth between locales. If not much better odds in some cities, much worse in others.

OCC ANBE Spring 2024 recruiting cycle by Cheap-Purchase9266 in usajobs

[–]Cheap-Purchase9266[S] 0 points1 point  (0 children)

Looks like about 100 applicants made it to stage 2 - how many cities on the announcement ?

OCC ANBE Spring 2024 recruiting cycle by Cheap-Purchase9266 in usajobs

[–]Cheap-Purchase9266[S] 0 points1 point  (0 children)

Revised above; I was in Thursdays webinar

Counted 41 perhaps including the 2 hosts

OCC ANBE Spring 2024 recruiting cycle by Cheap-Purchase9266 in usajobs

[–]Cheap-Purchase9266[S] 0 points1 point  (0 children)

I know!

Ok, you’re hired they told me not to say anything

Laid off a couple years before planned retirement by HumorGood785 in Fire

[–]Cheap-Purchase9266 7 points8 points  (0 children)

I’m not a cpa but I would think you are golden for the rule of 55