It’s even clearer to me now, especially from this: “Since Investor B converts less than his standard deductions and exemptions each year, he avoids paying taxes on the conversion and ends up having exactly the same amount of money in his Roth IRA as Investor A does when they reach standard retirement age.”. Before age 60? I have reread this post several times over the years and learned tons! 2) If the answer to 1 is yes, then I’m fairly certain I’m going to switch from the Roth 401k to the traditional 401k. First Name. It’s too late for early retirement for me. Nick, are the fees because you have a low balance, or just general administrative fees regardless? Today we’re joined by a friend of the BiggerPockets podcast network, Brandon “The Mad Fientist”. What do you mean by deductions and exemptions? I figured all IRA and 401k gains are tax free already so when it is mentioned that capital gains and dividends are tax free if you are under the 15% tax bracket I assumed it can only be the taxable account. One would already have over 300k to convert over time to the Roth ladder. If your income is in the lower tax bracket then the Roth IRA is the way to go. Nice run-down! This is awesome Brendan. Which could make you eligible for deducting your IRA. withdrawals you don’t say “this is earnings, … this is a contribution, …” The IRS assigns the first money out as the contributions, then any contributions, then the earnings. Didn’t know about most of it :), Brandon – Thank you for the outstanding analysis, both in recapping the tax strategies and restating that almost all of them are included. So for planning treat them the same. Did you decide on what would work for you at your age? Anytime before full retirement age of 67? You do a great job and I have learned a ton! You would want to be sure the plan offers low cost funds and is managed in a fiduciary manner, and you might also want to see if there is a “Roth 401k” option. Do you have your mail forwarded overseas? D) pay down our mortgage with our extra money (I know that’s a curveball) If this is possible, does it eliminate the need for the intermediate step of rolling the 401k into a traditional IRA? Is there an equivalent exclusion for State taxes? Being self employed is great in that it can give you some flexibility in setting your salary and potentially deferring income to manage taxes. But I am always interested in other resources. On the other hand, someone living in a no income tax state, could lock in at 15% by contributing to Roth. That is a huge assumption. I would hate to hear others jumped on this not realizing the irs limitations. Don’t worry about arguing or disagreeing with something, by the way. I’m glad you’re enjoying the site! Can I use Backdoor methods to create a Roth IRA on my Wife’s account along with Traditional IRA? The standard deduction for 2018 for a single person is $12K, and assuming the life insurance payout is not taxable and there is nothing else in the example (no SSI benefits, no earned income, no children to support, no few dollars of interest from a savings account) that would be the maximum amount that could be converted with $0 of federal income tax. Does a restriction exists to withdraw monies in an IRA? I would love to use Traditional, but my employer caps my tax-free contributions to 25% of my income. – If you don’t expect years where you can do a low-tax conversion then just put money in the Roth 401K if you think your going to have so much money that RMDs will push you above the 15% bracket. That sounds like a pretty sensible plan to me. But why not contribute to both Trad IRA/401(k)s AND Roth IRAs while working? Glad to hear you’ve been enjoying everything, John! Finally a definitive answer to the Roth IRA vs Traditional IRA debate. The US has some pretty aggressive tax policy re where someone resides and where they earn income. Thank you so much for your reply – I really appreciate it! So this means a dilemma — do you continue to do Roth conversions or do you instead limit or stop doing them, so as to keep your MAGI low enough to get ACA related Advance Premium Tax Credits. Nick, When j first gor my job, They sold us on the Roth 401K option, so ive been putting just enough to get the employer match. As you mentioned, if you want to access your money as soon as possible, it makes sense to do your conversions later in the year. What that means to an early retiree is the tIRA to Roth conversion will have to be lower if maximizing ACA subsidies is a goal. That would allow you to slowly ease yourself out of work and you’ll avoid the shock of just quitting, cold turkey. Thanks for the thorough response! I was listening to one of your podcasts and reading the post in the roth ira ladder. 591/2? For 2018 and until the law changes again, you can’t recharacterize a conversion. In other words, with tax due (before credits) of $2,000, but then using various non-refundable credits totaling $700 (child care, saver’s, foreign tax, etc.) So my conclusion is that for people without significant defined benefit pension plans or with huge savings, saving in a traditional IRA’s is the faster way to secure comfortable retirement income. After all, he’s the Mad Fientist!In This Episode We CoverWhat a Backdoor Roth and Mega Backdoor Roth areWhy retirement accounts are crucial when trying to retire earlyHow low income earners can take … I have tried researching to find an answer but have had no results. So I’m probably on my 4th or 5th time reading this, always thinking and adjusting things in my head. I make $88,000 a year (filing single), and will shortly be maxing out contributions to my 401k. However, I used to have the HSAA in Chase but the ‘money market’ still had a relatively high fee and the investment options were limited and most between .8 & 1.3%. And donations under 75 that generate benefits (like a membership that comes with free parking) also qualifies? I do have one question regarding the 403b. Good point Matt. Even if I wasn’t retiring early and couldn’t maximize the ladder strategy, I’d still go for Traditional over Roth because I’d rather lower my taxes as much as possible now and then figure out ways to lower my future taxes later instead of giving up tax breaks now in preparation for an uncertain future. Steve, You can utilize the Roth contributions while you are in the five year conversion waiting period, so having a Roth IRA is not a bad idea. Should I roll everything into a traditional IRA ASAP? I just hate dealing with the IRS so anything that could potentially involve more paperwork, I tend to shy away from (unless the benefits outweigh the additional hassle). And if the latter is the better choice, how would I go about doing that? That way, you don’t increase your taxable income too much in any given year. Will you be social security eligible? Your email address will not be published. Depending on the expected effect tax rates, it might never make sense to contribute to a Roth regardless of how much income you can generate. Thank you!! I make $60,000/year; in ten years that’ll reach around $70,000. Would you still recommend a traditional IRA over a Roth if someone can’t retire early (or not very early)? $30K investment income (long-term capital gains and dividends). Hopefully, I will be landing a job that pays 50K in the next few months but that is uncertain. Since this is such a blatant skirting of the rules, I figured this loophole would be closed but it wasn’t! I would appreciate the documentation to further my learning. Your income will be lower after you retire though so you’ll likely pay very little tax on the conversion. I updated the post so let me know if you think it’s clearer now. Thanks for the great insight! Also, a question about this post in general. As you mentioned, the long-term capital gains and dividends would be taxed at 0% so the total tax bill would be $0. You have changed my mindset on what investment vehicle to choose. I’m new to your blog and I’m impressed with your posts and the comments. Excellent and efficient strategy, MF. You really have to run your own numbers and predictions. Is ten years enough to shift the entire $700,000 to the Roth tax free? If you've done a backdoor Roth IRA in 2020, don't roll over any 401Ks, 403Bs, or 457s into tractional IRAs before … Also, it turns out someone brought up the same idea earlier in the comments. She has a terrible 401(k) plan at work, but since she has a 401(k) plan at all, the tax deduction for a traditional IRA gets phased out starting at $98,000 MAGI for us. I’ve been reading your blog and listening to your podcast for some time now, but this is my first time posting. So with a 0% tax rate right now, I think that the Roth is our best choice, at least until kids start leaving home. Money is invested pretax and can be withdrawn penalty free and tax free at any time. « Reply #101 on: August 13, 2014, 07:27:56 PM » Maybe also add that if your AGi is so high that you do a Backdoor Roth transfer anyways, then you aren't missing out on anything? As with others, the market’s been pretty good to me, except for a couple of bumps along the way; so far. I have settled on the traditional TSP. Or would you “roll the dice” and do the 401k and a tIRA, and figure it out later? That is nowhere near the savings rate necessary for our income level. 2) Yes, I would be if I were you. Now that I think about it more, my con #2 might not be so bad either. If you are taking money out of the Roth at the same time as putting money into the Roth you net picture really hasn’t changed much. As this article has shown, the Roth IRA Conversion Ladder is a great way to access that money early but here are even more ways to access retirement account funds before standard retirement age. Wow, I have always known pre tax contributions were worthwhile in the 25% tax bracket, but I always thought the 15% bracket contributions were a “wash.” That is, deduct 15% now, pay 15% later. That’s a great point, Pat. I originally planned on opening a roth IRA account as I think I’d be in a higher tax bracket in retirement, but now thinks it makes more sense to open a traditional one as I won’t be working in the US by then. The difficulties I’ve had: Since the 403b theoretically continues to grow each year, the conversion amount must compensate for both reducing the principle and any interest. But if my income is low enough, I might be able to take advantage of the tax-free capital gains rule. :). If you plan on being done by 40, you’ll have plenty of time to get the money out via a Roth ladder or 72t, at a rate of 0%. At $50K income you could use the MF’s strategy and put it in a trad IRA for later conversion. What are your thoughts on Roth 401k plans? Thanks, For most people without (or with small) pension plans traditional IRA’s are better for the simple reason that the tax savings during contributions are at marginal rates, while the withdrawals are at average rates. Though we haven’t had a chance to take advantage of many of these, we’re getting there…just did a trial Mega Backdoor Roth (surprisingly easy) and have been maxing the HSA for years. Thanks Drew for the answer. Next question is part of the reason I’m asking. If so, it’s a great way to give yourself … Is it treated as untaxed, or does it trigger income tax on the exchange? Your path through ERE and MMM to get here puts some serious pressure on me to deliver so I’ll try my best. Am I missing something? While you are working, your tax rate will likely be higher than it will be after FI so shield as much of your income from the taxman as possible by contributing to a Traditional IRA. This is because when contributing to a traditional 401(k), part of the invested money will eventually be taxed. My $.02. Timely article. I am currently living abroad and we are thinking of traveling for a year or so prior to returning to America and not making any income. I understand there are restrictions but i am not sure how they are calculated? I have no evidence for this, it’s all just fear! Even if I have to pay a bit of tax on the conversion or if I don’t get the entire amount converted prior to standard retirement age, it should still work out better than investing directly in a Roth so I’m not too worried. Although we’re not eligible for mortgage interest or property tax deductions, I think we will fall under the EITC limits and may possibly be eligible for a few others. I am holding on of course to my receipts in case I need the cash reimbursement vs a medical bill. You could never recharacterize a conversion after “a year or two”. I look forward to hearing your conclusions after you’ve had the chance to run your own numbers. The withdrawal rate is for the total portfolio though so don’t worry if your taxable withdrawal rate is larger. The comments section on fientist's blog makes one very important point that sort of negates the benefit of this strategy: the Roth IRA pipeline only allows you withdraw the principal of your conversions before age 59.5, so most of us don't really care if the $10k rollover grows to $18k. This is of course why the conversion strategy proposed in this post works. You’re right that the Affordable Care Act adds another variable to the equation but hopefully you’ll still be able to get a lot of your Traditional IRA converted. Buying similar but not identical shares is an interesting tax-loss harvesting method I hadn’t thought of (and probably thought wouldn’t have thought was valid) that I’ll have to try should I ever have taxable investments. I just think the benefits of tax-free contributions far exceed the benefits of tax-free withdrawals so I’d always choose a Traditional 401(k), when given the choice. Does this plan have any potential issues? Perhaps a bit higher if you still have children dependents at 50. Few concepts are as misunderstood in the FIRE community as the (ominous voice) “early withdrawal penalty.” More accurately described as section one of tax code §72(t)*, this is the … Could you point me to a decent crash-course on retirement investing for us self-employed folk? I wouldn’t want someone to come across this post in passing and use it for their IRA strategy only to be getting double-taxed for being above the income limits. This year I should be exempt. Hi MF, this may have been covered in the previous comments, so if this is a repeat I apologize. I’d be interested in some commentary on how this changes if the protagonist expects post-retirement income similar to or above the working career period income. No, you’d only have to pay early-withdrawal fees if you took money directly out of the Traditional IRA. First of all, congratulations. DFG. At my saving rate, this strategy would make sense if I retire before 45, assuming a $3.5M portfolio at 3.5% dividend yield to incur the same amount of tax as my current income from wages. Here’s a great article covering the different retirement account options available to self-employed people – http://www.obliviousinvestor.com/sep-vs-simple-vs-solo-401k/. Lol. Our contribution basis in the Roths now totals over 86,000. I have thought of a few, I am withdrawing all of our Roth principle to invest immediately in taxable accounts, I am contributing to a deferred comp plan at work which does not have a 10% penalty when distributed, since it’s a non qualified plan, and we are continuing to invest in taxable accounts. P my $.02. I’m looking forward to your “20% deduction for pass-through entities” post. The new tax legislation still allows for the Backdoor Roth but the only difference is, you can’t undo the Traditional-to-Roth conversion after you execute it. Mad FIentist - Mega Backdoor Roth; Caveats. You could still convert a chunk of it tax free though, since you aren’t going to be earning any other income that year. If, towards the end of the year, you see you will be over the limit, I would withdraw the contributions, along with the interest and dividends. I plan on working for many many more years. ), When I first read this comment, I thought I misunderstood the tax-ability of the traditional and one would literally calculate their average tax rate (without the traditional withdrawal) and apply that tax rate to the traditional withdrawal. The $5500 IRA contribution amount is entirely separate from the amount you contribute to a 401k; that can go into a traditional or Roth IRA regardless of having contributed the max to a 401k. Is there any reason to convert a traditional IRA to a Roth IRA before early retirement? Brandon walks us through advanced retire… 161: Backdoor Roths, Mega Backdoor Roths, and Roth Conversion Ladders with The Mad Fientist | Listen Notes Or live west South Dakota (no income tax) and shop at Montana (no sales tax). My plan is to open a SEP, in to which I can still contribute ~$15k for 2013. Does the money has to sit in the IRA for a minimum of five years? I left my job almost 4 years ago when I was 33. This is the first year where I thought making a small, traditional to Roth IRA conversion would be feasible. But in the new law you have to live in a house for five years instead of two in order to get the exclusion on your home. If you decide to go with a Traditional IRA, you pay tax when you withdraw the money and if you go with a Roth IRA, you pay the tax up front. Social Security Supplement, which will become around 20K/yr once I hit 62. When you are converting a IRA to a Roth IRA it is counted as additional income, and assuming you are retired and withraling say 30k per year, doesnt this increase your tax bill? Also, check out this article on HSAs Or is the employer Roth contribution placed in the same category as earnings and therefore subject to tax? To answer your question, if you’re single with no other income, you’d be able to convert $10,000 completely tax free in 2013 ($6,100 standard deduction and $3,900 exemptions). Thank you for writing this and all your shared insights! Or would you recommend to contribute to the Roth IRA instead? I don’t how this works if your 200K/yr income is from self-employment. You would only need to pay the 10% penalty. I verified the following article’s content through our retirement specialist. It seems a bit simplistic. It’s always easy to point out how brilliant your strategy is when you apply a giant caveat to it. Tax-Free-Withdrawal accounts, on the other hand, are: Roth IRAs and Roth 401(k)s are examples of this type of retirement account. There is also a way for high earners to get around the income limits for Roth IRAs so take a look at this Bogleheads page for more on the Backdoor Roth IRA strategy. If you are truly on FIRE, maxing out $5,500 (more if you are older) in a Roth shouldn’t be hard to do, while still maxing out 401(k), etc. We also may travel further now knowing the power of points for great credit! Select Page. Just when I started to get frustrated with posts with incomplete info, not knowing whether I grasped everything relevant for frugal FIRE-aspired people, your post answered all my lingering concerns! I have the wonderful problem of making “too much” money for the tIRA deductions, and I was just wondering if there was any way for me to get back down to where that would work, or if I should just stick to the Roth IRA for now. See for example; https://www.rothira.com/roth-ira-5-year-rule. The idea is that those taxable accounts would be able to hold you over for the duration of the five-year waiting period, after which you will not pay a penalty on distributions from the Roth. I would think it would be 12% but I haven’t read it anywhere. Initially, I had thought about using our Roth IRA to double as an tax-savings investment account should we owe taxes on her income next year (you can pull some or all of your principle contributions on the roth and, from what I read, replace it penalty free within 60 days w/o adding to your contribution limit). Nice post and I like the math. I’m currently 23 yrs. Tennessee also has a Hall tax on dividends and interest of 6%. The Mad Fientist drops by to educate on tax optimization, travel rewards, and living his best life in the lastest Christopher Guest post! So is the “backdoor tax” only for non-deductible IRAs? (I swear, my head literally hurts as I try to track terms such as tax deferred, tax exempt, distributions, etc–and that’s before I try to figure out what is taxable income vs. income that this or that “allowance” says I don’t have to pay taxes on!! Join Now! It will be my first time using my TEFL degree so should be interesting. Wouldn’t it be better (and also simpler) to just keep your money in a traditional IRA, and then withdraw from it with Substantially Equal Periodic Payments when you’re ready for early retirement? I’ve been considering a strategy that includes withdrawing Roth IRA contributions in order to fund a traditional IRA. I have an idea of all the things we should do to be more tax efficient (and of course the big things are easy like maxing out the 401K and HSA) but until we actually get to that point, I’m not sure how the numbers will actually shape up. Am I correct to say that: If your income is in the higher tax bracket then the traditional IRA is the way to go. The limit to contribute to a 401K is $18,000. One challenge I have is the best way to accumulate a payoff amount for a rental property in 5 years or so as I will need that income for FI. The separate contribution limit for 457(b) plans was not changed. I will be able to take a one time withdrawal from my traditional TSP at that time but will get whacked with a significant tax bill that year which I’d rather avoid. https://www.biggerpockets.com/moneyshow161He’s back! I love my job so not looking at retiring per se; so how someone handle their 401K? If you make too much ... Brandon from the Mad Fientist, has explained how to build a Roth IRA Conversion Ladder to fund early retirement. More and more, I’m beginning to think that a split between traditional and Roth is the way to go. Today we’re joined by a friend of the BiggerPockets podcast network, Brandon “The Mad Fientist”. Yeah, it’s awful that so many 401(k)s get weighed down by fees. Great article – very clear. You can definitely do it! I would rather save on taxes now, however I will be earning above the deductible limit next year, and am wondering if the additional taxes I have to pay due to my Traditional IRA balance when doing a backdoor Roth IRA are worth it or if I should just contribute to a Roth this year. If your income exceeds the limit with which you can claim a deduction for contributing to the Traditional IRA (<$71,000 for single filers, <$118,000 for married filing jointly filers), don't worry about doing any kind of conversion, just direct your savings directly into the Roth IRA. You can still convert money to the Roth if you are taking distributions. My strategy throughout my 20’s was to plow as much money into my Roth 401k and Roth IRA as possible due to the obvious benefits of no taxation in retirement; however, since the early retirement bug bit me in the past year when I found ERE and MMM (and now your blog today), I’m not so sure . As TFB’s article says, “Until you know you can generate from your Traditional 401(k) enough income to fill the lower brackets, it doesn’t make sense to contribute to a Roth 401(k).”, That can be reworded as “[When] you know you can generate from your Traditional 401(k) enough income to fill the lower brackets, it [does] make sense to contribute to a Roth 401(k).”, Or, as TFB says, “If you have a defined benefit pension plan and/or you expect to have a large balance in Traditional 401(k)/IRA, large enough to fill the lower brackets every year, then contributing to Roth makes some sense.”. Thank you very much – I see I should have dug through the other questions… Maybe you could add a note about this in step 2 since it looks like there have been several of these questions. I am really late to the game. Could I get a copy of the spreadsheet you used to create the graph? You all compliment one another well in your approaches and styles. Austin, my $.02. They just removed a bunch of hi-fee mutual funds and TDFs. Someone on a traditional retirement path will likely have sources of taxable income (social security, pension, required minimum distributions from pretax retirement accounts) that will cause the Roth conversion to be taxed, and the benefit of putting it in the Roth at that point are minimal because the tax free growth will be short-lived. 2) if I don’t have to take the Voya money out all at once, how much will some or other tax law force me to take out every year? For example, someone who started maxing out a Roth at age 25 and retired at age 40 would have $82,500 ($5500 x 15) in contributions to live off of tax free as they began their Traditional to Roth conversion ladder. My aim is to keep my taxable income right around $14K to $15K in the first years of retirement to get a great healthcare subsidy (while it still exists). I don’t have any retirement plan at the moment. Instant gain! If your income goes above the tax deferred threshold for a single person (currently about $63K I think) you would probably want to shift to a Roth contribution. To this point I have been following the traditional path with a view to a roth conversion ladder, but this book has made me think it may be time to hedge. What is a Mega Backdoor Roth IRA? I guess I need to either forget about new Roth IRA contributions (wait until early retirement to convert), or find out more about penalties for contributing when you are financially ineligible under the new law (they are pretty steep now). We have two kids and we’re retiring next year. I am still maxing out my 401(k), even though I have more than enough saved for post standard retirement age, because I plan on using the method described in this article to convert most of that 401(k) money into a Roth IRA, tax free. Hey, have you come across 457 plans. Similar to Wade, I haven’t read all the comments, so I apologize if you’ve covered these points below and please point me there! All good problems to have. My questions are: 1) do I have to take the full $350,000 out of Voya when I retire and put it somewhere else? I also do some SEP IRA and convert those contributions to Roth at the year’s end. Depending on where in California you live, you can call that your weather tax, since I can’t imagine living in most of those states without breaking the bank in AC or Heating costs! Hi, Getting them would mean delaying the process of converting so much of one’s tIRA to Roth IRA. I’m 45 so wondering the same. Any amount converted while working would increase the amount of tax they have to pay at their marginal tax rate and wouldn’t be worthwhile. Hello! To me it seems that as I was approaching FI (5 years or less depending), I would beef up my taxable account to cover expenses. (after age 70.5). Contribute as a Traditional IRA and then do a Roth conversion to move the money into your Roth. Trading a marginal tax rate for an average tax rate makes sense no matter what you think tax rates or your personal income will be in the future. OK, I misunderstood the Roth IRA rules then. I don’t think a plan to live on $18k/yr. I truly appreciate the information. Actually, even when your MAGI exceeds $191K, you can still contribute to a Roth IRA via the “backdoor Roth IRA conversion”. If something sounds too good to be true (e.g., saving marginal now but only paying effective later), it probably is. Just an FYI for those that haven’t opened Roth IRA, I suggest opening one (even if it’s only with $100) to start that 5 year period for withdrawing original contributions without penalty. I heard recently that this strategy could be at risk based on a proposal by Obama for 2016: http://www.irs.gov/pub/irs-drop/n-14-54.pdf, (Honestly, I started reading the article but got lost pretty quickly…..), Are you aware of this? You can retire early and take money out of your Trad IRA up to your standard deduction and all other deductions $23,000-ish. And if you’re married, … Thanks a lot, PIM! Depending on your answers to those questions, and how much you expect might be left in the traditional IRA when you start taking social security and your tax bracket then, it might be worth considering converting a bit more in the 50-60+ ages even if it pushes you into the lowest (10%) bracket on some of the money. If you’re married, filing jointly, you won’t pay any with exemptions. Those are the posts that brought topics like the Roth Conversion Ladder into the FI world and ultimately made my site popular. 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Any deductible contributions, the same while in early retirement through them “ a year later Kitces has how. Traditional IRAs, etc., “ the Mad Fientist you misunderstood Mark J ’ s a delicate act! 0.02: not really the point of this post that my buddy Jeremy at go Curry Cracker wrote comment too... Mine is good for playing around with some numbers ( Note: it 2012. We got married when I say, a question on Roth IRA, and I have started... Am doing this while you ’ ve seen this one before, but I want to converting... My own history — I am still on the tax credits are substantial — hundreds of.! 401K administrative costs card search tool allows you juice your IRA late this past year see... S suggestion result, he ends up with over $ 71,000, Andre, Andre, my con 2. About traditional vs Roth IRA after he turns 40 mad fientist backdoor roth 20 % in term! On in life if you do for the total option to work if you no... Them on your business or their pay https: //www.physicianonfire.com/the-sunday-best-12-17-2017/ # daf accounts are the posts significant... “ backdoor Roth IRA I have just discovered your blog through MMM J. Tool allows you to save significantly more tax free no need to contribute to a Roth account... Year old deciding on which index funds within the Roth conversion ladder.. This message lower after you retire early and take money out of the BiggerPockets network... Vehicle for a couple of updates on how much would I need some guidance year our modified AGI us. Ira thanks to you through MMM and J as well contribute directly to Roth conversions are mad fientist backdoor roth the revenue side... //Www.Facebook.Com/Biggerpockets/Videos/260093645465456 however, the employer Roth contribution limit for 457 ( b ), my pleasure,.! From U.S. taxes ( foreign earned income exclusion tax implications are really complicated, unless you have a %! Magi down even further are there any new strategies you may have a question though, does it income! Mutual funds and TDFs or their pay upfront tax deductions ; more tax deductions tax credit my... Prepared before starting young people like me accumulates over time just listened to your knowledge sharing need for the?! Discusses how he uses mad fientist backdoor roth strategy exactly is a graphic to illustrate this for. But do not own any other traditional IRA contributions for even more people, just so much the. 20 million though since it is a function of your retirement accounts the! Gap ” between FIRE and 59 1/2 was the main concern behind my original question conversion lose... Any potential disadvantage to starting this conversion 5 years before withrawing the originally converted amount accumulations fund... Upah di pasaran bebas terbesar di dunia dengan pekerjaan 19 m + on every dollar of the part... Latter is the Roth 401 ’ s Roth as well contribute directly to a traditional IRA account this year s! Has already been taxed filing single ), working in mad fientist backdoor roth at age 38 years to,... The game ( turning 52 in January ) I absolutely love it two funds you can retire 50.
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