masoncj

Thanks y’all. It will work out. It always does

(No Message)

Agree and VZ has taken a costly approach to B2B sales amd chickens are coming home to roost

For instance they have two separate sales teams Wireless and Wireline for most enterprise customers.

Raising Canes for instances has Wireless rep and wireline …insane

Billy Bob is on T-Mo commercials

TMo is doing the country western bit because the big knock on them has been that their coverage area is not good in sparsely populated areas.

Have worked for VZ in a Wireline (good bit of difference between wireline vs wireless) B2B sales role for 11 years

All of group amd colleagues are very nervous

Supposedly biggest RIF in company history

Will see

Oh I didn’t realize that…I guess I thought you could do both a trad and Roth

I am able to do a back door Roth amd the normal 401k

But to y’all’s point it’s through work

Is your wife’s 401k matched? If not I wouldn’t bother with it. Work 401ks are usually pretty limited in investment options

Start or continue to contribute to her own personal IRA instead which has practically anything/mutual funds available to invest in.

The biggest complaint as noted by others is what if junior gets a full ride some where.

I don’t know how many kids get full rides to college but odds aren’t in juniors favor

529 is still a pretty good bet.

You can make another child the beneficiary , use it for graduate school, study aboard, roll it to a Roth , school supplies like laptops and tech which most schlorships don’t cover

Also you could keep the unused funds in 529 and set it up for a future grandchild…what a gift and legacy that would be!

My only advice would be find a CFP that is also a CPA and combine all of those dealings under one individual.

Otherwise I wouldn’t hire a CFP.

Tell me you no nothing about HBAr/hedera without telling me.