Newgene

Also, make sure you understand the pro rata rule for converting traditional IRA funds. It just means you can't target parts of your IRA when rolling over to Roth. It looks at all traditional IRA funds collectively and averages the tax bill in a rollover. Could leave you with a nasty unexpected ta...

Mass quantities of money given to non-workers --> Government can't increase taxes enough to cover --> They print mass quantities of cash --> Inflation goes through the roof --> Non-workers complain they can't buy as much stuff --> Repeat...

Taxes are wrong, and statistically impossible. I'm not sure what state they're in, but there is no reality that gets a tax bill that high. 40% effective tax rates don't exist for families making $500k. It could be the author is confusing an effective rate with a top bracket. Social Security has a...

Your banker is really just telling you what's been happening with treasuries in the past few months. No epiphany here. Most MM rates have already started crossing below 5%. There is a common belief of a ~1% fed cut over the next 12 months. This is a good prediction site. [link=(https://www.cmegr...

[quote]Follow the money.[/quote] Do this, and you will understand every war, election, pandemic, etc. throughout history. Just stop and look at the ways money moves in these, and everything makes complete sense....

There's always a strategy for every market, bull or bear. Mine could be dead wrong, but this is the route I'm going. Right now, you're getting good returns on treasuries, etc. due to the interest rate hikes. Those hikes have probably leveled off. So, I would just keep the new money going into a m...

I would look into a few things: - Are you sure this is "earned income" and cannot be considered a cap gain, dividend, etc. Sounds like income, but just checking. - With income to report, do you also have expenses that are not being reported? After all, it's business income. It's not reasonabl...

There are some people commenting here who believe spending money on legal battles is a bad thing, while believing a weaponized DOJ is a good one....

[quote]Jay Johnson is about to become the Nick Saban of college baseball[/quote] So, he's going to now leave and fail in the majors, and then return to an SECW team? I hope you're wrong....

[quote]That would mean I’m contributing more to retirement than a traditional right?[/quote] Effectively, yes. Side by side, you wind up with the exact same amount when you retire if you max both, but you pay no taxes on it when you take it out. So, you wind up with a bigger after tax retiremen...