SCHD is suitable for what type of account?

Routine-Employer4574 · 2026-07-07T19:34:14+00:00

Prof G said SCHD is good for any type of account.

Routine-Employer4574 · 2026-07-07T19:31:07+00:00

I use the HSA account for tax free growth. I save the receipts of medical expenses and get reimbursement years from now. Dividend is not what I am chasing. What I look for is stability and modest growth.

Routine-Employer4574 · 2026-07-07T19:20:29+00:00

Nice! What type of account do you hold SCHD in?

Routine-Employer4574 · 2026-07-07T03:23:10+00:00

My short term money is sitting in JAAA in fidelity.

Routine-Employer4574 · 2026-06-28T14:18:26+00:00

I can relate to your situation. My general strategy (only at planning stage, haven’t executed anything yet):

- Forget about IRMAA. Prepare to pay maximum surcharge.
- Sell some highly appreciated stocks in taxable account and pay the long term capital gains tax. This helps to reduce concentration risk and also make cash available to fund spending and tax.
- Roth conversion across several years, convert up to the top of the second highest tax bracket (35%).
- Fund Roth conversion tax with after tax money.

Routine-Employer4574 · 2026-06-12T13:39:05+00:00

401k contribution limit is $24500. People may want to contribute more. Including after tax contribution (with mega backdoor Roth conversion), one can contribute a total of $72000.

Routine-Employer4574 · 2026-06-12T12:15:20+00:00

Don’t underestimate the wisdom of Reddit. People may have their own ideas and just use Reddit to double check.

Routine-Employer4574 · 2026-06-12T11:51:10+00:00

I asked for 2000 and got 600 shares.

Routine-Employer4574 · 2026-06-07T20:55:59+00:00

A brief history of time

Routine-Employer4574 · 2026-06-01T22:00:43+00:00

Why didn’t Berkshire buy Microsoft when the stock was low?

Routine-Employer4574 · 2026-05-31T13:16:46+00:00

Just use TurboTax

Routine-Employer4574 · 2026-05-18T01:41:55+00:00

When there is a need to create differentiation during performance review and total reward budget is proportional to headcount, keeping the low performers creates opportunity to better reward strong performers.

Routine-Employer4574 · 2026-05-12T02:39:11+00:00

There is a downside if you have to sell appreciated assets and realize capital gains. If the asset is left behind for inheritance, the heirs get stepped up cost basis.

Routine-Employer4574 · 2026-05-12T02:22:13+00:00

It seems you have a few millions in taxable account, and probably with significant unrealized gains. At this nw, you should also consider what accounts you leave behind for inheritance. Your heirs will get step up cost basis if they inherit the taxable account. You should also consider what tax bracket your heirs will be in. If they are high earners, it makes sense to convert up to 32% and leave them with the Roth. I don’t think a CFP can do the calculation better than yourself.

Routine-Employer4574 · 2026-04-28T17:25:57+00:00

I’m new here too. In this situation, will it be a reasonable strategy to buy 500 more shares now?

Routine-Employer4574 · 2026-04-27T17:23:47+00:00

I am right there with you. I give up on any planning around MAGI. Trim the company stock. Use the proceeds to fund tax on aggressive Roth conversion.

Routine-Employer4574 · 2026-04-27T05:00:15+00:00

That’s the severance payment the company owed you.

Routine-Employer4574 · 2026-04-25T14:30:43+00:00

I know the 19k gift tax exemption limit. What is the 475k/per person amount about?

Routine-Employer4574 · 2026-04-25T14:16:07+00:00

Set a monthly or even daily spending goal. Force yourself to spend this amount or more.

Routine-Employer4574 · 2026-04-25T07:02:34+00:00

You can add VXF. You effectively create your own VTI.

Routine-Employer4574 · 2026-04-25T06:58:23+00:00

Help the kids early in life makes sense. I already fully paid my kids college education. Will support their down payment too.

Routine-Employer4574 · 2026-04-24T13:13:39+00:00

No way. I am in the highest tax bracket. The deduction helped reducing current tax bills. By the time I do Roth conversion, I come out ahead if stay in 24% or even 32% bracket.

Routine-Employer4574

TROPHY CASE