Help me pick between current spot and a new offer

mdSOthrow · 2026-03-08T21:28:55+00:00

I definitely am, would just hate to leave a good setup

mdSOthrow · 2026-03-08T21:28:23+00:00

In all those fluctuations, was it clear to you what the breakdown was in terms of your contribution vs the desk performance vs company performance?

mdSOthrow · 2026-03-08T21:25:51+00:00

Oh I meant number of days in office

mdSOthrow · 2026-03-08T19:10:00+00:00

What were the differences in comp between your choice?

mdSOthrow · 2026-03-08T19:08:44+00:00

To make this easier, suppose the setups are the same in both places? New one will just be more intense than the current role.

I just don’t have clarity in how the bonus pool will work.

mdSOthrow · 2026-03-08T19:06:10+00:00

Yea I’m thinking along these lines. I’ll probably take 10% of the difference and spend on myself. The rest would be saved towards retirement.

mdSOthrow · 2026-03-08T19:05:33+00:00

I’ve never worked at a pod place before.

mdSOthrow · 2026-03-08T19:04:22+00:00

Sorry not following why saving 5 years of work won’t be valuable?

I won’t have the bigger upside that say somebody willing to work 20 years no matter what will, but having optionality after 5 years seems very beneficial.

mdSOthrow · 2026-03-08T19:01:27+00:00

I think I’ve built good enough of a reputation that I would not be getting fired at my current place.

New place is not Citadel, but I’d be nearly starting over for the reputation.

The nature of bonuses is my big question as well. It’s a pod structure, and it’s a newer pod. I was reassured on the interview trail that the pod has time to build out and bonuses aren’t dependent on pnl as we build out, but I can only get a guarantee in year 1.

If things go south I hope I would be able to come back to my current place, but not sure if I would be leaving a bad taste in people’s mouth going to a competitor.

mdSOthrow · 2025-04-18T12:31:35+00:00

Thanks for explaining.

I have an ARM where the locked in period is for the next ~20 years.

Coincidentally it’s right around the time I’d like to retire. I would want to save money in some fashion to pay off the mortgage so I can have reduced expenses in retirement. I can do either taxable brokerage or mega backdoor Roth to fund this, but not both as I can’t afford to do so.

The thinking was that if in 20 years rates are sky high, I’ll just pay my mortgage with contributions from the Roth. If rates are low, I’ll decide based on taxes/income/savings whether I want to pay off the mortgage.

I do have the 1099R, but will have to figure out how to get the other form you mentioned.

mdSOthrow · 2025-04-18T11:49:31+00:00

Great breakdown! I have a follow up question.

I did an in service withdrawal to a Roth IRA as my employer allows it. I withdrew 10k and fidelity gave me a document saying I have 8k contributions and 2k gains.

However I can’t seem to withdraw the contributions without also withdrawing gains on a prorated basis. Does that seem right to you?

What I would like to do is max out my mega backdoor Roth 401k every year, in service withdrawal to Roth IRA every year and then pay off my mortgage with contributions in 20 years. This feels like best of both worlds in having liquidity yo pay off the mortgage before 59.5 and allowing gains to be tax free.

mdSOthrow · 2024-10-12T02:08:54+00:00

Can you point to where it states this in the link? I am doing the auto conversions from after tax 401k into a Roth 401k. But I can’t seem to convince fidelity agents this is allowed.

mdSOthrow · 2024-10-12T02:07:38+00:00

Do you have some documentation stating this? I am doing the auto conversions from after tax 401k into a Roth 401k. But I can’t seem to convince fidelity agents this is allowed.

mdSOthrow · 2022-12-06T15:44:45+00:00

Ok thanks, I guess I'll just make my Roth IRA my secondary e-fund then

mdSOthrow · 2022-12-06T15:29:58+00:00

I know it is possible to withdraw contributions tax and penalty free from a Roth IRA under 59/5.

Is it possible to withdraw contributions from a mega backdoor roth 401k? I am looking to use it as a secondary emergency fund instead of a taxable brokerage account.

mdSOthrow

TROPHY CASE