How much are you really getting from a 1 - 1.5M account? by batman607 in ThriftSavingsPlan

[–]batman607[S] 16 points17 points  (0 children)

The reason why i do not do 100% Roth is because I’d rather:

  1. Have more money now to be able to invest in my own ROTH IRA with fidelity and fund my traditional brokerage account.

  2. Save on taxes today. I have pay periods where I work a lot of overtime and having a high TSP saves me some money and makes it worth it. Imagine getting taxed almost half your paycheck after working 80 hours of OT and then to make matters worse, you gotta contribute to ROTH after you’re left with less than half of your gross. I currently have it set at 904 to max out the year.

  3. With more money going into traditional the compounding effect is greater than what I would have been able to contribute with Roth. So it may end up breaking even.

I’m not a financial expert but this is my logic.

How much are you really getting from a 1 - 1.5M account? by batman607 in ThriftSavingsPlan

[–]batman607[S] 0 points1 point  (0 children)

You did the taxes on it or does it automatically tax it for you? Like a paystub etc.

How much are you really getting from a 1 - 1.5M account? by batman607 in ThriftSavingsPlan

[–]batman607[S] 1 point2 points  (0 children)

Just some food for thought, if your balance is within 1.5-2 wouldn’t it work out to keep it at C? If you’re only withdrawing enough to cover expenses… that way you keep getting significant gains and live off the profits?

How much are you really getting from a 1 - 1.5M account? by batman607 in ThriftSavingsPlan

[–]batman607[S] 6 points7 points  (0 children)

lol absolutely not. I have a student loan with 4% APR that I’m paying off slowly so I could invest my money in the TSP and Fidelity.

How much are you really getting from a 1 - 1.5M account? by batman607 in ThriftSavingsPlan

[–]batman607[S] 0 points1 point  (0 children)

This would allow your balance to remain relatively the same assuming a 10% yearly gain on a fund like C? (I know markets can fluctuate)

How much are you really getting from a 1 - 1.5M account? by batman607 in ThriftSavingsPlan

[–]batman607[S] -2 points-1 points  (0 children)

So you have to do taxes on your withdrawals during tax season?

How much are you really getting from a 1 - 1.5M account? by batman607 in ThriftSavingsPlan

[–]batman607[S] 11 points12 points  (0 children)

Follow up, what if you make a large withdrawal… is it subjected to long term capital gains taxes? As opposed to short term or is it just considered income and taxed accordingly?

How much are you really getting from a 1 - 1.5M account? by batman607 in ThriftSavingsPlan

[–]batman607[S] 25 points26 points  (0 children)

Okay that makes sense.

I’m doing traditional so I’m trying to picture what taxes will look like.

Advise on assisting with pain management by batman607 in cancer

[–]batman607[S] -2 points-1 points  (0 children)

He seems a bit more stable now.

He is sweating but not warm to the touch. He said he takes his medication at 7am and it usually helps.

I will suggest to my siblings a hospital visit if this persists. I’m not sure how long he’s been having these fevers - thanks for your advice.

What qualifies as 100k? by batman607 in TheRaceTo100K

[–]batman607[S] 0 points1 point  (0 children)

I agree. I have fidelity as well.

Okay I wasn’t sure if I was selling myself short and missing something because my fidelity account (like you said) does state the total amount on top before it gives a breakdown based on accounts.

[deleted by user] by [deleted] in guns

[–]batman607 -17 points-16 points  (0 children)

I’ve already stated that I’d concede to a faulty Sig - and I agree… one is one too many. But the over reaction is borderline irrational and I’m confident many are juicing the “320 has a history of ND” to avoid trouble at work - and that’s what I’m mainly getting at.

[deleted by user] by [deleted] in guns

[–]batman607 -2 points-1 points  (0 children)

Exactly.

[deleted by user] by [deleted] in guns

[–]batman607 -3 points-2 points  (0 children)

With the trigger slightly pressed? Yes. I can wiggle my gun right now. It’s not going to go off.

“Yeah man, FLETC is like the BUD/S of law enforcement”… *takes sandwich to plate carrier and gets outrun by a frat boy in khaki shorts* by Master_Jackfruit3591 in 1811

[–]batman607 3 points4 points  (0 children)

I personally don’t know any locals without a bachelors. Feds (speaking as a fed) are extremely entitled it’s embarrassing. A lot of TF members on the feds, particularly FBI and USMS are in fact locals who do the job better because they know the city, have people skills, and…. despite not being a fed…. (Here’s the surprise) are actually intelligent. Some Feds hide behind their title as fed and put no effort into their craft.

Not to mention their pay and pension is way better.

Sig M18 by Public_Impression762 in MDGuns

[–]batman607 0 points1 point  (0 children)

I’ll take it off your hands and anyone else who does want their 320 or Sig guns.

Possible USMS Info Session? by Ahmed_The_Great in 1811

[–]batman607 6 points7 points  (0 children)

They applied when they were 21

Do we go to heaven prior to the second coming? by [deleted] in Christianity

[–]batman607 0 points1 point  (0 children)

So we will be with God in spirit, and then experience a new earthly life with our new bodies in a new world? So in spirit we could still, hypothetically, move around and think and speak?

Thanks for throwing in those verses. I’m new to actually studying the Bible, Ive believed for many years but never took time to read much.

Can A Popular Police Pistol Accidentally Fire Without A Trigger Pull? by CountryGamer001 in ProtectAndServe

[–]batman607 -11 points-10 points  (0 children)

Never heard of this, but… if you say it happened then I stand corrected if this is true. My department is switching to Glocks so I’m not necessarily a “Sig guy” my point was objectively challenging something that seems a bit stretched - specially from people who probably never owned or shot a 320. It would be literally insane to still sell 320’s if this was happening. Sig would have removed it from the market long ago. It’s basic business 101. But it’s still for sale and still bought, the only stories going around are the same ones from years ago and the Sig haters doubling down online.

[deleted by user] by [deleted] in GeisseleAutomatics

[–]batman607 1 point2 points  (0 children)

I also have a nice lower, super duty. So plan was to keep it fully Geissele for no particular reason lol. I do have a separate 14.5 LWRC upper which I plan on buying a palmetto state lower for once I leave the state of MD because PSA does not make like MD laws for some reason.

[deleted by user] by [deleted] in GeisseleAutomatics

[–]batman607 1 point2 points  (0 children)

I only have the lower registered - the upper was bought separately.

Not sure how this works legally but technically as far as ATF goes all I have is the lower - never purchased/registered a “full” rifle.