02-26-2019, 02:35 PM
(02-26-2019, 02:30 PM)Apoc Wrote:(02-26-2019, 01:45 PM)Kaan Wrote: We are bouncing REALLY close to not being eligible.... That's going to mean a shift in where I put my money for retirement. I'm not looking forward to that decision... math says 2020 I'm making a change. Do I just put it in a regular IRA? Do I cash save it and buy Kaantucky level of acreage?
My Roth is kind of just bonus money for retirement in my overall math (I think).
I put extra monies into post-tax funds, so I can access it for emergencies, down payment, etc. without paying the IRA 10% penalty. If you know you aren't going to need it, then I think IRA is the answer.
(02-26-2019, 01:52 PM)D_Eclipse9916 Wrote: It's really a shame our employers (fed gov and Deloitte) dont offer much in matching like you get, as that would be a huge benefit to us. I get a laughable pension, and 1.5% matching on 401k; Jess gets a slightly better pension but nothing like her mom and dad and I think 4% or 5% match.
Amazon only matched 50% of first 4% of base salary... and my base salary was 50% of my income. With their base salary caps, the most matching anyone could ever get from them in a year was $3200. For Google, the max match is based on IRS cap, so $9500. There are a lot of reasons I switched companies and an extra $6000 tax free isn't anything to sneeze at.
I need dat Google income/retirement....
2020 Ford Raptor
2009 Z06
1986.5 Porsche 928S
2009 Z06
1986.5 Porsche 928S