Wife’s employer offers only a brokerage account, locked to one investment type? My wife started a new job recently and we were told they “offered a retirement account with 60% match up to 3%”. She has invested into it for about 6 months now and I noticed on her W2 it was not a 401k, it appears to be an IRA brokerage account. Digging a bit they ARE matching 3% of her investment, but it’s all into some weird Fidelity advisory…

Brokerage no longer exists but never returned investment, are there any options? My girlfriend’s grandmother put a decent amount into a brokerage mutual fund back in 2000 for my girlfriend and forgot about it. Her grandmother has since passed away and the investment firm no longer exists, however we have paperwork of it existing (transaction confirmation + broker). Is there any government assistance or way to track where thi…

What happens to a brokerage account after I leave the US? So an unusual question. I’m in the US on a student visa (F1). I opened a bank account, a credit card, and a brokerage account. I plan to eventually leave the US. What happens to these accounts? I’m particularly concerned about the brokerage account. I live in a very unstable country without local brokerages, so I can’t just transfer the stocks t…

Solo 401k, SEP IRA, or private brokerage for extra retirement? I have a 401k through my employer, but also have a small private practice that allows me to open a solo 401k or SEP IRA. I’ve maxed my contributions to my 401k and Roth IRA. I also have a small brokerage through vanguard. Because of my income, I need to put some extra money away for retirement. Which option is best for an extra 5-7k/year? Is th…

Unsure about what to do with my brokerage account. Hi all. I’m in a weird situation. Disclaimer: I’m not very financially literate, and I’m really trying to become more financially literate, but it’s very overwhelming. A long while ago my dad bought some stock in a brokerage account for me, so the account is in my name. I basically forgot about this til recently. He had always done my taxes. I …

Invest inherited IRA in brokerage or leave it? I am in my 30s and I’ve had an Inherited IRA from a non-spouse for a few years now. The person I inherited it from passed away in 2018 before the STRETCH act was passed meaning (if I understand correctly) my RMDs are stretched out over my own lifespan according to the IRS Single Life Expectancy Table. I’m wondering which is the better move pure…

Advice on Fidelity Brokerage EFTs Hi everyone, so last year I started to invest in my fidelity brokerage account to purchase some ETFs by following the boglehead method. I totally missed the part where, if it’s a brokerage account, you have to pay taxes if you do decide to sell or (since I cannot transfer?) those ETFs.Since my Rotha IRA is with Vanguard, I do not have one with F…

Living off taxable brokerage to MAX out company 401k with match… Just a question out of curiosity: Would it be a good move for someone to live off investments (selling stocks from taxable brokerage) for period of time so they could deduct close to 100% of their salary until they reach the $21.5K max contribution limit with the company’s matched 401k? Once the max is reached they would then switch back their d…

Pay down 6% mortgage or keep in brokerage I have $400,000 in my taxable brokerage account and owe about $375000 on my mortgage at 6% interest. I was planning to wait for 2025 and 2026 interest rate cuts to refinance – but the outlook on mortgage interest rates seems bleak. I figure with the recent market gains + fact that I would be taxed on future capital gains that I am better off ge…

Can I Transfer from Vanguard Brokerage into my Roth IRA? I was working for a company and I quit less than a year so there was no match and I had to roll over into a “rollover brokerage account”. That money is just sitting and I was wondering if I could transfer it from Vanguard into my Robinhood Roth IRA. I feel like I could be making more interest in it if it is in my 401k or Roth IRA because I hav…

Help avoiding a wash sale between Roth IRA and taxable brokerage account Hi! I have a portfolio of 10 different ETFs, with many of the same ETFs held in both a taxable brokerage account and a Roth IRA. I’m planning to reallocate the equities portion of my Roth IRA to 100% VT, but I’d like to leave my taxable brokerage account as-is for now to avoid realizing any capital gains (the overall exposure is similar enough t…

Should I put $40,000 in TSP or Brokerage Account? A few questions… I made $40k last summer on fire crew. I don’t need it right now, should I invest it into my TSP at work (currently at $50k), or should I put it in my brokerage account with Bank of America (currently at $30k). Is it bad to have both those accounts? Or should I just put everything into my TSP? If I ever buy a house or land, I p…

Stock moved from foreign to US brokerage: short-term or long-term? Hello — I recently was able to transfer a number of shares in a company from a UK brokerage to a US one, where I now live. If I were to sell it now, would the gains be long or short term? I have owned it for quite a while but only a few weeks in the US, and the Schwab account itself describes it as short term. Thanks! submitted by /u/dra…

Should I sell off shares of individual stock within taxable brokerage account in then purchase VOO in order to contribute to my Roth IRA? Hello everyone, I am 24 year old seeking financial advice. My question: Should I sell shares of NFLX (at a solid gain) and use the profit to purchase ETFs (voo, voog, vti) within in my Roth IRA? -I have not made a contribution to my Roth IRA for 2024. -My gross income is around 30,000 dollars this year. -I have held this security for several…

Anyone have experience / thoughts on QuietLight brokerage? I’m vetting the buy/sell marketplaces for ecommerce businesses specifically. Like the title says, curious for any personal experience with QLB? I remember Shopify used to have some sort of “exchange” marketplace, but seems to have shuttered. I’m considering divesting a few brands that I’ve personally maximized what I can do with. Currently bei…

401k vs IRA vs Brokerage Account I’m trying to wrap my head around the conventional wisdom that 401k’s are such a great investment option. For the sake of this discussion, please assume this is AFTER EMPLOYER MATCHING contribution have been met. From what I have gathered, the primary benefit of a 401k is controlling when you pay taxes on the money, and potentially paying less…

Investing in a Brokerage vs Roth IRA I am self employed, so no matching retirement accounts. I have a brokerage, Roth and Traditional IRAs, and a Traditional SEP IRA. In early 2024 I sold some of my brokerage to help with a house downpayment. It resulted in about $17,000 mostly long term capital gain. Our taxable income should be around $55k so we won’t owe any long term capital ga…

Does it make sense to have a brokerage account and 529 for kids or just pick one? My second child was recently born, and I’m planning her college fund. When our first was born, I put $10,000 into a brokerage account and I have just been depositing $400/month into it. I like the flexibility of being able to use this money for things like their first car, college, their wedding, their first home, etc. A big portion of this will…

When purchasing a car should I use my savings or sell off my brokerage positions? Hey everyone, I’m looking to purchase a car and am weighing my options on whether I should use the money in my savings account or sell my positions in my brokerage account to buy the car in cash. Here’s where I currently stand: Daily checking: $2.5K Savings: $30K Brokerage: $58K (all in VOO) 401K: $84K Roth IRA: $15K No outstanding debts My gu…

2025 IRA Funding- DCA or sell from brokerage and lump sum? In 2025, I can fund my IRA with two methods- I can fund it gradually over the year with my earnings, or I can sell some holdings in my taxable brokerage account, realizing some long term gains, and lump sum it at the beginning of the year. While I could max it with some cash at the start of the year, this path would drop my emergency fund kind …