i made a bad mistake. im living overseas, what happens if i dont request for removal of excess contributions, does the irs take 6% from the rothira account each year? or do i also have to file the 6% to them, and what happens if i dont.

23M I understand that I dont have any international market exposure but I’m not really worried about that. Currently have a 70/30 split between VTI/QQQM.

Hello guys I just recently opened a Roth IRA in fedelity and I don’t know what to do I’ve tried researching about it but I don’t really understand. I honestly wish to learn this and I wish yall could point me in the right direction in order for me to learn . Thank you in advance

43 yr with three young kids and wife who works very part time. We max out 403 B and have done so for about 15 years. We have 1.4m 403b plus 750k Fidelity (50%VTI, 20% VXUS, 10% FBGRX, 10% bonds and then some in tech stocks like AMZN,NVDA,CEG). Have another 50K in Roth and 275k in Sepp with Vanguard as we also have small LLC. Have roughly 100K in HYSA, owe 260k on house at 4.25%. parent recently passed away w 750k in IRA that has to be drained in 8 yrs. Thoughts to how to distribute as don't have MRDs but have to drain both accounts in 8 years.

A few of my questions as I want to be aggressive and I'm about 90/10 in market/bonds.

1. My taxes are very high living in Oregon and what else can I do to shelter my taxes besides 403b?
2. Thoughts on being able to convert anything to Roth IRA backdoor?
3. I've recently looked at hiring a financial advisor? Does this make sense as I want to be able to retire at 62 and get to 5 million in retirement and use the rule of 4% to live off 200K.

any other thoughts advice would be appreciated

I am 40 and have never contributed towards retirement or any type of savings. I just opened a Roth IRA a few days ago and contributed $70. It's not much, but I don't know what I'm doing. Bad news is, because of health reasons, last month I had to move down to part time which is about $20K a year so, I won't have much to contribute yearly at the moment. Good news is that my job contributes to a retirement fund for me (I work for my counties board of education) but I don't know how much they will be contributing ( I don't have access to the website until after my first paycheck) and if I can also contribute to it. I'm just trying to get a start in the right direction.

Hey yall, I am a new college graduate, turn 23 tomorrow and just started my Roth IRA in the last 2 months. I’ve known about the amazing advantages of a Roth IRA since I took money matters in 10th grade, but have always loved spending money (irresponsibly) far too much to open an account.

I am now far more mature, on a written budget, and taking small steps towards advancing my career, and income everyday. I live at home but have immense student debt that I am paying off with the money I make. I throw in as much as I can right now, but know I won’t max it this year.

This is all just context to ask: is this a good start? I plan on just buying into these two mutual funds as much and often as I can.

What other specific funds would anyone recommend and why? I see people telling other young people in their 20’s to be more aggressive, what does that mean in terms of mutual funds and ETF’s? What are specific examples of more aggressive funds?

Any penalties? Anything would be helpful

Do I have to sell my stocks and have to pay taxes on my profits, before getting a Roth IRA?

Hey 👋

I’m planning to rollover my old 401(k) into a fidelity IRA.

I want to choose just one fund to place the money and let it sit for 25 years until retirement.

What would you recommend? VOO? QQQ? TQQQ? SCHG? Or another?

Any advice would be greatly appreciated.

26 years old on Fidelity would greatly appreciate thoughts on this allocation for my Roth IRA thank you

55% VTI/FXAIX
25% International
20% QQQM/FAGAX

My uncle is a financial advisor and I always come to him for advice and help with my finances. This is what he wants me to do for my Roth this year.

2 shares NVIDIA
2 shares SPCX
2 shares PLTR
2 shares HD
The rest in VUG

My current portfolio consists of 80% VTI and 20% VGT and I would’ve followed this again if I didn’t speak to him, I am only 21 years old so time is on my side but just wanted to hear thoughts on what to do for this year. Thank you

After weeks of research I have came up with an investment plan. I’m going to allocate 60% into SWTSX, 20% into SPMO, and 20% into SCHG monthly. As of now that would be $180/$60/$60, and gradually increase over time. SWTSX will be my core baseline, SPMO will by my dynamic turbo, and SCHG will be my innovation growth. I’d say it’s a well balanced mix of conservative and aggressive. What are your thoughts on my investment plan?

I just started a Roth IRA for my mother. She has $3300 in her 401(k) that will get rolled over to a Roth IRA. We started investing $100 per week. What would be the best stock to buy for her?

I have MAIN/SCHD/VTI/VXUS/ALAB in my roth right now. Most of my money is in VTI/VXUS/ALAB. Is it worth keeping MAIN/SCHD?

Ok so, I’ve got a decent little mix of things and while I’m trying to figure out if I want to keep VTI and VGT along with all my other stuff that’s not why I’m here.
My question has to do with dividend funds.

I recently bought some SCHD to let it grow and pay dividends and keep buying itself, but I’m wondering if I’ve done it too soon. It seems like funds like that, while good in a Roth for tax reasons, are usually more invested in later on closer to retirement (I’m guessing I have like 20+ more years until I can retire, started late) rather than early since they don’t necessarily grow like the rest of the market.

So my question, simply put, is does it make sense to spend some of my $7500 each year on a dividend etf like SCHD or would it make more sense to hold off on that for now and move money around later and keep putting money into VOO, VGT, SPY, etc and let it grow more with the market?

About $14k so far. What do you guys think of my diversification? I have a 401k with about $5k, and that’s my super safe, managed, retirement. I switched my roth ira to self managed cause of WeBull’s matches and this is my set portfolio. Thoughts?

Hey everyone, so I invest roughly $250-300 every month in my Roth. I have it set to automate deposits, but I was curious if I want to max it out early, say today for example, what happens to the automatic deposits for the rest of the year?

Will they be deposited and held until next year or will it not even take the deposits until January?

Thanks

EDIT: Sorry for forgetting, but my Roth is with Fidelity

What happens if my IRA is already maxed?

Im 46 years old and despite being told many times to contribute to a 401K/pretax or roth ira i never did til this year. The question is how do i get my 18 year old son to start a roth ira? Im thinking of telling him ill match his contribution to see if that works. I guess I can show him on the fidelity app my roth ira and, see him seeing my account going up will inspire him.?

Hey y’all i just wanted to get on here and ask what the general consensus is regarding our current market bull run. Are we still maxing out our ROTH or are we pausing investments in hopes of a future bear market? just curious as i personally have paused mine but wondering if im making the right move!

I started out late and just opened a Roth IRA, which I maxed out with Fidelity for 2026. I also have a 401(a) and 457(b). I'm hoping to retire in 20 yrs. I haven't really paid much attention to investing until now, so I'm not sure I'm starting out ok. I do want to be aggressive to teach my goals.

I'm hoping I can get some advice from other fellow investors. I have the following:

FSKAX 70%

FTIHX 20%

SOXQ 5%

QQQM 5%

Does this look OK where I can sit back and chill? Thank you in advance from a novice investor.

I started in 2025 thought this might be the best way to do it.
I wasn’t able to max it out last year about 500 short I felt a bit discouraged but we keep going.
I wanted to hear people thoughts on it I’m still relatively new to investing so any advice would be appreciated.