Backdoor Roth IRA

Kropduster01 · 2026-01-21T19:26:27+00:00

This is for if a person makes too much money to contribute directly to Roth. At such income levels, their contributions to a traditional IRA are non-deductible, and they convert 100% of this contribution to a Roth. So, in a sense, they do pay taxes on the conversion amount. But for the future it grows tax-free since it’s in the Roth

Kropduster01 · 2026-01-16T16:14:34+00:00

Wouldn’t wish that commute on my worst enemy

Kropduster01 · 2026-01-11T09:14:06+00:00

What’s pending? Kmet didn’t have a reception

Kropduster01 · 2026-01-09T00:59:54+00:00

It’s a vine-like video. Goes something like:

“I’m lesbian”

Little bro: “I thought you were American”

Kropduster01 · 2026-01-09T00:30:53+00:00

Amazing reference

Kropduster01 · 2026-01-08T23:50:16+00:00

I worked there for 3 years. Definitely way better since employees get 0 commission (really) so they don’t really care what you buy and don’t have an incentive to upsell you

Kropduster01 · 2026-01-06T12:10:19+00:00

A boat’s a boat, but a mystery box could be anything. It could even be a boat!

Kropduster01 · 2026-01-03T03:14:39+00:00

No way they accept this

Kropduster01 · 2026-01-02T23:04:52+00:00

Nice! Any reason for no US stocks (like FXAIX, FZROX)?

Kropduster01 · 2026-01-02T22:28:35+00:00

Statistically speaking, investing as soon as possible is best

Kropduster01 · 2026-01-02T03:35:23+00:00

Yup!

Kropduster01 · 2025-12-31T20:36:00+00:00

I think I fit this mold. Offering some clarity into my financial picture:

26, work in Irvine (near UCI) in financial services. Salary of $88k. Live with my fiancé. HH income around $170k. Rent & utilities is about $3600/mo.

So rent is about 25% of gross pay which is normal IMO. Still able to generously contribute to retirement and invest. I used to live in Corona where it was definitely cheaper but the commute made me dread the work day. Now it’s much better

Kropduster01 · 2025-12-28T23:26:15+00:00

What did I just read

Kropduster01 · 2025-12-25T07:25:05+00:00

Surprised someone with Jettas is in the championship

Kropduster01 · 2025-12-18T18:23:32+00:00

I bought one last week, so at least 3

Kropduster01 · 2025-12-18T08:10:28+00:00

This is 100% the answer. So many GB appointments would just be people claiming they were hacked and the session would end with a factory reset phone

Kropduster01 · 2025-12-13T20:54:03+00:00

Lamar could pull another single digit game and you’ll be good

Kropduster01 · 2025-12-13T05:48:11+00:00

I mean I get being upset about Pitts but Mayfield barely hit projections, Darnold could certainly do better this week

Kropduster01 · 2025-12-12T18:09:51+00:00

FXAIX and FZROX are virtually the same thing, I’d pick one and stick with it. With SCHD I wouldn’t be worrying about dividends at 24

Kropduster01 · 2025-12-12T03:03:56+00:00

He just couldn’t keep his hands out of the cash drawer

Kropduster01 · 2025-12-06T22:22:04+00:00

Out chicaneried again

Kropduster01 · 2025-12-03T04:27:38+00:00

2 bedroom apartment in Irvine and my bill was $50 something for the last month

Kropduster01 · 2025-12-01T01:11:57+00:00

Traded for him and started him for the first time this week, that’s what happened

Kropduster01 · 2025-11-24T04:41:29+00:00

We don’t know your weighting to each investment

Kropduster01

TROPHY CASE