Should we fund IRA or put more in brokerage account We file MFJ. Normally we fund both our ROTH IRA without issues of our income but 2024 has been really good to us. We are definitely over the Roth income limits. We are in sales and both hit grand slams this year. Next year should be average years. We don’t backdoor because we have tons of rollover ira from former employer. So pro-rata rules com…

I’m having FOMO on brokerage accounts So im 37 no kids (yet) and getting married next year. My fiancé and I rent but eventually want to buy so I have about 230k in my Roth and 401k accounts and seen that explode and I have about 140k in treasury bills and last year the rates were great and I’m seeing they aren’t so good now. I opened a personal brokerage account yesterday and put 3…

If I died with no debt, but had money in brokerage account. How will they know I died? Assuming I have no other living family members and there is no estate planning. Also where does the money go if there is no will or debt to pay? submitted by /u/QuarterOpposite1989

I plan on using the money in my taxable brokerage account to purchase or make a down payment in 2025. How is my portfolio? My current asset allocation is 36% VTI 36% VOO 27% SGOV Seems like there is a good chance 2025 market is bear or sideways. How risky is my portfolio? What would you do in my shoes? edit: *down payment on a house submitted by /u/WayneDwade

Brokerage vs 401k for early retirement Hi, I’m living in California with H1B visa and earning $130k. I have a naive goal of retiring early. I don’t think I can take the stress of working this hard until I’m old so I want to achieve some form of financial freedom. My employer does not match 401k contributions. Since I do not have a green card and I want to “retire” much earlier than 5…

Gifting brokerage account to parents? We make >600k between my spouse and I – my parents are retired and make 80k a year via pension and social security. I want to gift my parents some money to make some home improvements on their place. I have a brokerage account with a bunch of unrealized gains. Can I gift them my brokerage assets directly and then have them take out the money at …

I already have a 6+ month emergency fund and contribute to 401k/Roth IRA/HSA. Any reason why I shouldn’t invest more in my brokerage account? Hi all. I have more than enough saved to cover my living expenses for 6+ months. I also contribute 6% of my salary to my 401k (all in a Target Date Fund, company gives a 6% match too) and max out my Roth IRA (all in SCHB) and HSA (all in a Target Date Fund). Except for my car and student loan payments, I have been putting all of my expense…

I want to transfer funds to a different fund in a different brokerage. Do I have to sell? Or am I “stuck?” My grandpa had been investing into a fund under my name with the brokerage American Century. The fund is TWCUX (Ultrafund) which is a growth fund that is pretty close to an average growth SP500. It’s currently at 700,000. I haven’t touched it.. but with my age allowing for 30-40 years of more growth, the 0.91% expense ratio irks me. I’m paying a…

Consolidate Brokerage Accounts? Looking for some insight. TIA! So I have several brokerage accounts open and wonder if it’s better to let them stay separate or take a tax hit and combine. I don’t have any issues with these services, but I wonder if I am missing out on the magic of compounding returns by keeping them separate. Rough breakdown: Wealthfront – 17k Betterment – 17…

Should I get a prenup to protect growth of premarital brokerage/retirement accounts? Should I get a prenup to protect growth of 300k premarital brokerage/retirement accounts? Girlfriend has about 100k herself. We have no other assets like property yet. Would it be wise and reasonable to get a prenup to protect the growth of these investments? Looking for opinions on if this is an issue or not. Don’t plan on getting a divorce eve…

How does Schwab offer a 0.45% interest rate on cash sitting in a brokerage account? This may seem like a straightforward question but I have not been able to find a straightforward answer. How does Schwab offer a 0.45% interest rate on cash sitting in a brokerage account? My understanding was that one of the fundamental differences between brokerages and banks is that brokerages are required to keep client assets separated. I i…

Should I transfer my brokerage to a traditional IRA and contribute to a 401(k) without employer matching? Hello, everyone! Over the last few months, I (27M) have taken the journey of getting my financial life together. For the past two years, I was contributing monthly to a Roth IRA and an individual brokerage account at Northwestern Mutual—awful mistake, and I have since transferred my accounts to Fidelity. My job offers a 401(k), but with no match…

457b plan, regular brokerage, or IRA I (54M) am a California public school teacher looking to add to my retirement via 457 plan. I already max out my 403b. It looks like my only choice is through our financial services company with an offering from Security Benefits. The fees are high; 0.85% management fee plus the limited selection of mutual funds having expense fees over 1%. I’d …

Relatives opened a brokerage account under my name when I was a child. Now I can’t find it. I’ve been getting small dividends from Disney for a few years, and until recently I’ve not cared much about it. The account was opened under my name almost 30 years ago, when I was an infant. Essentially, I’d like to either monitor it with my own eyes as I do my current brokerage account, or take the money out and reinvest elsewhere. Issue is, t…

Pre-divorce, should I liquidate brokerage account to pay off marital debt? I am getting a divorce and we have some shared marital debt, on both of our credit cards. We are selling our house, the proceeds of which should be enough to take care of that debt. I have previously held more than $10k in my brokerage account as something of an emergency fund. Anyway my question is what to do with that brokerage account. I coul…

Save for college in 529 or normal brokerage account? My state provides no tax benefit for putting money in a 529. Obviously, there’s the tax free growth I get by being in 529 (as long as I use the money for my child’s college). On the other hand, if my child goes to a cheaper college or not at all, I’d have a 10% penalty. So question is – do I put in, say a 100k, in a 529 for by 6 month old? Or d…

First taxable brokerage account: is this right? Feeling secure with retirement and e-fund and want to park some money in a taxable brokerage account for long-term growth (no immediate short-term savings goal). (1) 3-fund still standard rec? For this, does it make sense to still do the 3-fund setup (domestic index, intnatl index, bond index) or is that just for retirement accounts? Like, do pe…

Savings, Taxable Brokerage, or ESPP? Currently I am bringing in $3180 bi-weekly gross. Maxing out 401k, Roth IRA, HSA, and have a budget that fits my needs. I am leftover with $550. How much should I incorporate into taxable brokerage and savings? Am I investing too much and should I save more over a taxable brokerage? My job also offers an ESPP of company stock at a 15% discount w…

Payoff car out of a brokerage account? I have about 10k left on a car at 6.25%. I have a brokerage account that holds 37k and growing very quickly right now (it is in VTSAX or something similar, can’t remember). I am about to start my PhD but I may be able to get loan forgiveness. However, the interest on graduate loans is 7.05%. Should I pay off my car with the brokerage account? Sh…

How to reallocate lump sum towards retirement from brokerage? Been automatically contributing to my taxable brokerage and have crossed the 100k threshold, which is beyond the original goal of 50k. A house is still a few years off, so I figure I can move things around to be more tax beneficial in the long term. Thanks to IWT for helping me rethink my goals. I want to scrape 50k off the 100k and push it int…