aeplus t1_jedsspw wrote on March 31, 2023 at 8:12 AM

Reply to comment by 2buckchuck2 in I shorted the Nasdaq AMA by Curiousdude925

Same boat. I actually averaged up from 12250 to 12500. Two short contracts on mnq. Should I double down?

aeplus t1_ja8qzxz wrote on February 27, 2023 at 6:03 PM

Reply to comment by tratratrakx in Alternatives to Roth IRA? (Based in USA) by tratratrakx

I hope you have better luck at this than me. My current employer's plan does not allow "reverse rollovers."

I am actually thinking about finding a federal government job just because I know for certain that the TSP allows reverse rollovers.

aeplus t1_ja7oc31 wrote on February 27, 2023 at 1:36 PM

Reply to Alternatives to Roth IRA? (Based in USA) by tratratrakx

Most people do backdoor Roth conversions as /u/Mr_Evil_Dr_Porkchop described.

But, some people who followed the general advice of rolling their sizable 401ks over to traditional IRAs are no longer able to do the backdoor Roth without getting hit be the pro-rata rule. I am in this camp, so I generally just contribute to a tax-exempt bond fund in a taxable account. It is also possible to do an after-tax contribution to a traditional IRA account and maintain the basis on IRS Form 8606 every year.

aeplus t1_j9ssex4 wrote on February 24, 2023 at 8:14 AM

Reply to Pimco-Owned Office Landlord Defaults on $1.7 Billion Mortgage by downboat

Sounds like a strategic default. Remember kids, there's no shame in defaulting on a loan if it's done strategically.

aeplus t1_iuhbbab wrote on October 31, 2022 at 10:07 AM

Reply to Fidelity making me open a new Roth instead of allowing me to rollover 403b funds into existing Roth? by iputmybigboypantson

I've rolled my 401k into a separate traditional IRA. As long as I do not deposit money into this account, it is considered a "conduit IRA" and can be rolled back into an employer plan that supports it.