ROTH
PHARMAROTH LABS INC
stock OTC

I take ROTH all the time. I rather pay the taxes I know today, instead of the taxes that I do not know.

For me, the potential tax savings I’d get going full ROTH are less important to me than the piece of mind that any and all the money I contribute to a ROTH is more or less 100% mine after 59.5. I don’t need to do any tax planning at all, I can withdraw as much or as little as I want at any point from then on out.

A Roth (named after William V. Roth Jr.) is type of retirement account that allows you to invest after-tax money into it. That money grows tax-free and with you withdraw the money, you do not get taxed on the gains. You can't just put it in a ROTH....you have to buy the stock or ETF within the ROTH.
If you are younger than 50 years old, the IRS currently allows you to invest $7500 per year. If you are 50 years old or older, then you are allowed to invest. up to $8600 per year.
$7500 / year = $625/mo. If you invest $625/mo. into an ETF that tracks the S&P 500 (has returned an average of 10% per year for the last 40 years) and you do that for 40 years, you will end up with $3,347,731.20! All tax free! Do it for 30 years, and you end up with $1,244,611.05
If you can't afford $625, well then $300/mo. for 40 years gets you to $1,606,910.98. The key is to be consistent (an invest what you can) and to do it in a ROTH so you do not have to pay taxes when it comes time to withdraw during your retirement years.

> I will have a pension in the range of 75k
At what age does that come to you?
SS can be deferred if you like, but the pension is likely not that flexible, and its payout might be substantially affected by some decision/option/externality or another.
> Am I dumb for considering paying more just to have more of that ROTH bucket freedom later?
Not dumb, but perhaps it's not financially optimal.
Without knowing anything else, I'd rather take the Traditional 401(k) tax benefit benefit now and keep plowing that much money into taxable, in this situation.

Would that be because he could convert to the ROTH at a lower 12% tax bracket if he fires?

Age is not a factor in your decisions Some young people don't have the risk tolerance for growth investing. Dividend investing is better for those with low risk tolerance . And for some people there financial future it better if they invest in dividneds when young to Each person has different income, jobe security and financial needs so ther is no one size fits all investment sratagy. And not MLPs generate K1 tax forms that can complicate your taxes. And you don't want to hold them in IRA or a roth. They could creat a taxable hit in the roth or IRA. You can avoid the K1 complications by investing in fund that invest in MLPs. I USE EMO 8% YIELD IINMY ROTH AND Taxable account.
ET is an MLP (master limited partnership) They make money processing and moving oil and gas through pipelines. They are required by low to pay out most of there income as dividneds. Although it is a small sector of the economy it is in general a profitably sector of the economy.
The only real reason growth would be better is because growth always does better in a bull market than dividned funds. But in bear market (the last bear market ended about 15 years ago dividneds generally do better then growth. Now when you recieve a dividend you owe tax on that income. Growth index funds are very tax efficient due to the very low to zero dividend and the fact most just hold the funds without selling which also generates taxes. But MLPs in the US generate qualified dividends which are taxed at much lower rate than bond, savings account interest.
Now the best portfolios are ones which are diversified. Many growth investors believe they are diversified but by focusing on growth they exclude much of the market that generate dividends, bonds, and debt obligations. Which means portfolio performance suffers considerably during a market crash or a sideways market were there is very little growth for a long time.

Considering going 100% ROTH 401k. Thoughts?

You can generate whatever montly ammount you want given time and money. I am currently getting enough dividends to cover all of my living expenses of 5K a month The only issue you need to pay attention to is taxes. In US tax law there are 3 types of dividneds all taxed differently.
1. regular dividned are taxed like work income 100% of the income is taxable income.
2. Qualified dividends are taxed at the long term capital gains tax rate . Most case only 20% of the income is taxable income
3. ROC dividends are generated by a fund that does tax loss harvesting. The ROC dividned transfer this tax loss to you. When you recieve this dividend it reduces the cost basis of the shares she shares you own. If theist basis is above zero you owe no taxes on theROC income. However over time the cost basis drops to zero. At that point the ROC dividiedds are taxed at the long term capital gains rate. The approximate time it takes to reach zero cost basis is 1000 dividend by the dividned. So a fund with a dividends of 10% and 100% ROC dividned will be tax free for about 10 years.
GPIQ QQQI and JEPQ all generate income by selling covered calls on the NASDAQ 100 index. The only real difference between these funds are
QQQI 14% yield 95% of the income is ROC income.
GPIQ 10% yeidl 80% of the income if ROC income.
JEPQ 10% yield, 100% of the income regular dividneds.
The reason why JEPQ is taxed very differently is because it incorporates ELN (Equity Linked Notes) a type of bond in it covered call stratagy QQQI aims for maximum tax efficiency and yeidl. GPIQ aims for more growth in share price at the expense of yield and tax efficientcy.
For my taxable brokerage account I focus on d# 1 and 2 to keep my taxes low. And this account currently covers all of my living expenses. But since the dividend can drop in a crash this account generates more income than I need and funds that don't generate ROC dividend and a history of dividned stability. I have more dividends in my roth account but with a mix of #1,2,3 dividned andthere are no taxes in the ROTH. I am assuming I will need assisted living lat in my life So the Roth if for income later in life ( I am a few years away from age 60 when I can easily withdrawal money from it.

Why do you need a ROTH IRA if you are in India?

I am trying to get my cousins and friends to start a ROTH IRA and invest and I wanted to show them how much money I have put in both my Individual and Roth IRAs so they can see how much money I have made but I can't find it anywhere in the app. I know you can find it on the website but most of my cousins only have a phone or use apps. They got disinterested when I couldn't show them my total right then in the app. Is there a way I am not finding in the app or is it still not possible to find out how much in total I have put in my accounts and can see how much money I've made? If it's still only the website, why? Why is it so difficult to do in the app? Do other companies like Robinhood, and Vanguard show this info in the app? Why does Fidelity refuse to show us how much money we have contributed and made in total on the app?

I take ROTH all the time. I rather pay the taxes I know today, instead of the taxes that I do not know.

For me, the potential tax savings I’d get going full ROTH are less important to me than the piece of mind that any and all the money I contribute to a ROTH is more or less 100% mine after 59.5. I don’t need to do any tax planning at all, I can withdraw as much or as little as I want at any point from then on out.

A Roth (named after William V. Roth Jr.) is type of retirement account that allows you to invest after-tax money into it. That money grows tax-free and with you withdraw the money, you do not get taxed on the gains. You can't just put it in a ROTH....you have to buy the stock or ETF within the ROTH.
If you are younger than 50 years old, the IRS currently allows you to invest $7500 per year. If you are 50 years old or older, then you are allowed to invest. up to $8600 per year.
$7500 / year = $625/mo. If you invest $625/mo. into an ETF that tracks the S&P 500 (has returned an average of 10% per year for the last 40 years) and you do that for 40 years, you will end up with $3,347,731.20! All tax free! Do it for 30 years, and you end up with $1,244,611.05
If you can't afford $625, well then $300/mo. for 40 years gets you to $1,606,910.98. The key is to be consistent (an invest what you can) and to do it in a ROTH so you do not have to pay taxes when it comes time to withdraw during your retirement years.

> I will have a pension in the range of 75k
At what age does that come to you?
SS can be deferred if you like, but the pension is likely not that flexible, and its payout might be substantially affected by some decision/option/externality or another.
> Am I dumb for considering paying more just to have more of that ROTH bucket freedom later?
Not dumb, but perhaps it's not financially optimal.
Without knowing anything else, I'd rather take the Traditional 401(k) tax benefit benefit now and keep plowing that much money into taxable, in this situation.

Would that be because he could convert to the ROTH at a lower 12% tax bracket if he fires?

Age is not a factor in your decisions Some young people don't have the risk tolerance for growth investing. Dividend investing is better for those with low risk tolerance . And for some people there financial future it better if they invest in dividneds when young to Each person has different income, jobe security and financial needs so ther is no one size fits all investment sratagy. And not MLPs generate K1 tax forms that can complicate your taxes. And you don't want to hold them in IRA or a roth. They could creat a taxable hit in the roth or IRA. You can avoid the K1 complications by investing in fund that invest in MLPs. I USE EMO 8% YIELD IINMY ROTH AND Taxable account.
ET is an MLP (master limited partnership) They make money processing and moving oil and gas through pipelines. They are required by low to pay out most of there income as dividneds. Although it is a small sector of the economy it is in general a profitably sector of the economy.
The only real reason growth would be better is because growth always does better in a bull market than dividned funds. But in bear market (the last bear market ended about 15 years ago dividneds generally do better then growth. Now when you recieve a dividend you owe tax on that income. Growth index funds are very tax efficient due to the very low to zero dividend and the fact most just hold the funds without selling which also generates taxes. But MLPs in the US generate qualified dividends which are taxed at much lower rate than bond, savings account interest.
Now the best portfolios are ones which are diversified. Many growth investors believe they are diversified but by focusing on growth they exclude much of the market that generate dividends, bonds, and debt obligations. Which means portfolio performance suffers considerably during a market crash or a sideways market were there is very little growth for a long time.

Considering going 100% ROTH 401k. Thoughts?

You can generate whatever montly ammount you want given time and money. I am currently getting enough dividends to cover all of my living expenses of 5K a month The only issue you need to pay attention to is taxes. In US tax law there are 3 types of dividneds all taxed differently.
1. regular dividned are taxed like work income 100% of the income is taxable income.
2. Qualified dividends are taxed at the long term capital gains tax rate . Most case only 20% of the income is taxable income
3. ROC dividends are generated by a fund that does tax loss harvesting. The ROC dividned transfer this tax loss to you. When you recieve this dividend it reduces the cost basis of the shares she shares you own. If theist basis is above zero you owe no taxes on theROC income. However over time the cost basis drops to zero. At that point the ROC dividiedds are taxed at the long term capital gains rate. The approximate time it takes to reach zero cost basis is 1000 dividend by the dividned. So a fund with a dividends of 10% and 100% ROC dividned will be tax free for about 10 years.
GPIQ QQQI and JEPQ all generate income by selling covered calls on the NASDAQ 100 index. The only real difference between these funds are
QQQI 14% yield 95% of the income is ROC income.
GPIQ 10% yeidl 80% of the income if ROC income.
JEPQ 10% yield, 100% of the income regular dividneds.
The reason why JEPQ is taxed very differently is because it incorporates ELN (Equity Linked Notes) a type of bond in it covered call stratagy QQQI aims for maximum tax efficiency and yeidl. GPIQ aims for more growth in share price at the expense of yield and tax efficientcy.
For my taxable brokerage account I focus on d# 1 and 2 to keep my taxes low. And this account currently covers all of my living expenses. But since the dividend can drop in a crash this account generates more income than I need and funds that don't generate ROC dividend and a history of dividned stability. I have more dividends in my roth account but with a mix of #1,2,3 dividned andthere are no taxes in the ROTH. I am assuming I will need assisted living lat in my life So the Roth if for income later in life ( I am a few years away from age 60 when I can easily withdrawal money from it.

Why do you need a ROTH IRA if you are in India?

I am trying to get my cousins and friends to start a ROTH IRA and invest and I wanted to show them how much money I have put in both my Individual and Roth IRAs so they can see how much money I have made but I can't find it anywhere in the app. I know you can find it on the website but most of my cousins only have a phone or use apps. They got disinterested when I couldn't show them my total right then in the app. Is there a way I am not finding in the app or is it still not possible to find out how much in total I have put in my accounts and can see how much money I've made? If it's still only the website, why? Why is it so difficult to do in the app? Do other companies like Robinhood, and Vanguard show this info in the app? Why does Fidelity refuse to show us how much money we have contributed and made in total on the app?