BHs:
I am thinking of selling from taxable to contribute to my voluntary after-tax (non-Roth) account this year. I will be paying LTCG tax of 20% plus the 3.8% NIIT, so looking at 23.8% in total to do this. Is this is a bad idea? For context, I expect to be in the 24% if and when I retire and I wouldn't need this money for at least 10 years.
Thanks.
I am thinking of selling from taxable to contribute to my voluntary after-tax (non-Roth) account this year. I will be paying LTCG tax of 20% plus the 3.8% NIIT, so looking at 23.8% in total to do this. Is this is a bad idea? For context, I expect to be in the 24% if and when I retire and I wouldn't need this money for at least 10 years.
Thanks.
Statistics: Posted by worthit — Thu Jan 16, 2025 4:15 pm — Replies 0 — Views 54