[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 28 KB, 554x772, bbb.png [View same] [iqdb] [saucenao] [google]
57027621 No.57027621 [Reply] [Original]

>Max out your IRA

>> No.57028198

>>57027621
and also make two IRA LLC's
one for self employment (to do a mega back door roth)
and another standard checkbook IRA LLC
make both of these ROTHs (always pay the taxes before not after, this maximizes the value of the tax sheltered $60k and $6,500 for the self employment and roth annual contributions)
now you make institutional account on crypto exchanges
on your W9 form, in section 4 (for tax examptions) you the LLC inherents tax status from the exempt plan, i.e. exemption code 1.
Now you can buy shitcoins in your roth, compound gains AND LOSSES with zero tax afffects, so don't lose money here
congrats on knowing the cheatcode for the system.

>> No.57028222
File: 14 KB, 644x800, 1528487863305.png [View same] [iqdb] [saucenao] [google]
57028222

>STAY WITH ONE COMPANY AND THEY'LL PROMOTE YOU. NO THEY WONT TYPECAST YOU INTO AN ENTRY LEVEL POSITION

>> No.57028288

>>57027621
retirement jewish instruments at this stage in the game are complete scams

>> No.57028336

ya don't do that but buy your worthless internet money right OP? any other genius ideas?

>> No.57028349
File: 309 KB, 1600x1060, Members-commemoration-ceremony-Easter-Rising-Real-Irish-2010.jpg [View same] [iqdb] [saucenao] [google]
57028349

>>57027621
what if im not irish?

>> No.57028469
File: 213 KB, 680x633, 1634161945146.png [View same] [iqdb] [saucenao] [google]
57028469

>>57028222
>>57027621
I CANNOT DO SENSIBLE INVESTING, PEOPLE ON TIK-TOK WILL MAKE FUN OF ME

>> No.57029357
File: 27 KB, 500x697, 1692572490768137.png [View same] [iqdb] [saucenao] [google]
57029357

>>57027621
>have an ira

>> No.57030839

>>57027621
Yep. I'm planning to.
>>57028198
Don't those businesses have to make profit? My understanding is that you can only put 25% of the profits or as much as $60K yearly. So you have to have a profitable business to even do that.

>> No.57030872
File: 9 KB, 180x179, Wojak_cropped.jpg [View same] [iqdb] [saucenao] [google]
57030872

>> No.57030963

>>57028469
This but non sardonically