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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Retirement Investing
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Author: richinmd   😊 😞
Number: of 1278 
Subject: Investment/Retirement Accounts
Date: 06/21/24 3:54 PM
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I'm trying to see if I'm missing any accounts I should be contributing to while I go back to work for a few months.
Anything I'm missing?

401K work plan - Immediate vesting so at a minimum ensure max matching. I'm likely to try and do the whole $30,500 for people over 50 and put it into the tax deferred portion and not Roth since my income will likely to be lower once I stop working.

Individual Roth - This seems to be $8,000 ($7K+1K for those over 50). Also from what I've read I can also do one for my wife since she doesn't have a paying job.

Anything else?

Any Roth conversions will be delayed until a year when I have no income from a job.

Thanks
Rich
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This community has written 1,207 posts about Retirement Investing. The article-length ones it recommended most:
The Case for Long-Term Buy and Hold Investing · 49 recs · 2025
Transferring assets to the next generation · 20 recs · 2025
Retirement Year 8 · 17 recs · 2025
(nearly) year one of retirement has been good · 11 recs · 2026
Buying Treasuries Via Vanguard · 10 recs · 2023
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