Started By
Message

re: What is next step? Have a Savings Account, Simple IRA/401K

Posted on 3/31/18 at 2:50 pm to
Posted by lsu xman
Member since Oct 2006
15613 posts
Posted on 3/31/18 at 2:50 pm to
I guess I'll do a Vanguard Roth IRA. I need to lower my AGI some or else I'll have to write a check to the IRS for 2017.
Posted by Volvagia
Fort Worth
Member since Mar 2006
51915 posts
Posted on 3/31/18 at 3:36 pm to
For the sake of clarity:

Roth will not lower your AGI if that was what you meant.
This post was edited on 3/31/18 at 3:37 pm
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73083 posts
Posted on 3/31/18 at 4:20 pm to
ROTH won’t do that. I’m
Back contracting again but this solo 401k is marvelous for Lowering taxable income. Normal 401k limits and I can get another 20% on top of that for profit sharing. Then still max Roth.

This 401k is way better than a normal one not only because I can contribute more but I can control it like a self directed Ira.
This post was edited on 3/31/18 at 5:36 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram