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66Mustang

01/18/21 4:27 PM

#122620 RE: BelizeMe #122619

Mine are all standard and SEP IRAs, a couple were 401K rollovers. Fortunately, I haven't qualified for a Roth since I first heard about them. If I had qualified, I would have been maxing them out every year! Both my kids are fairly recent college grads; I set them both up with Roth IRAs a couple years ago and put in some seed money. I need to make sure they both keep adding! And yes, both kids also own Titan stock!


Message in reply to:
Yup, I think anything below 25,000 shares is save as 25,000 x $45 is just $1,125,000. Would only pay normal income tax rates over $1 mil only a small portion at a pretty high bo target.

And yes, no need to split IRA shares as they are either completely tax free if Roth and tax from 10- 37% currently depending on your income when withdrawn. Should be low as you probably won’t have much income, maybe $2500 to $3000 month for Social Security if retired.

BelizeMe

livendi

01/18/21 5:24 PM

#122621 RE: BelizeMe #122619

When is the mdt buyout going to happen. I say before fda. In the meantime I think like I said when we were stuck at 70. We are way underpriced considering everything. God bless everyone