UAL B Fund
04-28-2016, 06:57 PM
#1
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UAL B Fund
who runs it? Vanguard? Is there an option for self-investing i.e. picking your own stocks?
Do they have a Roth-IRA option?
If not, are you allowed to rollover to a Traditional IRA?
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Do they have a Roth-IRA option?
If not, are you allowed to rollover to a Traditional IRA?
Feel free to PM
04-28-2016, 07:11 PM
#2
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Originally Posted by BeechPilot33
who runs it? Vanguard? Is there an option for self-investing i.e. picking your own stocks?
Do they have a Roth-IRA option?
If not, are you allowed to rollover to a Traditional IRA?
Feel free to PM
Do they have a Roth-IRA option?
If not, are you allowed to rollover to a Traditional IRA?
Feel free to PM
The plan is administered by Schwab and you do have the option of having a brokerage window.
You are allowed to contribute pre and post-tax money to the 401(k), with standard 401(k) limits applying.
Only allowed to roll over to IRA if you quit, die, fired or retired.
04-28-2016, 07:22 PM
#3
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Originally Posted by jumppilot
You are allowed to contribute pre and post-tax money to the 401(k), with standard 401(k) limits applying.
04-28-2016, 09:08 PM
#5
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Originally Posted by cadetdrivr
And just to spell it out...the voluntary post-tax contribution is a Roth account.
04-28-2016, 10:16 PM
#6
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Originally Posted by BeechPilot33
The Roth 401 (k) looks like a very valuable tool. I have a regular Roth now but only can only put in 5,500 a year now. Looks like the Roth 401 (k) is 16,500$ with no income limits.
Roth 401(k) is $18,000 for 2016, the same as pre-tax 401(k) limits.
Yes, you can create a brokerage window and buy most any stock you want with a few restrictions (no company stock, no OTC offerings and a few others).
04-29-2016, 03:41 AM
#7
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Originally Posted by cadetdrivr
And just to spell it out...the voluntary post-tax contribution is a Roth account.
You can however, convert post tax contributions to Roth.
04-29-2016, 03:50 AM
#8
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Originally Posted by jumppilot
Roth 401(k) is $18,000 for 2016, the same as pre-tax 401(k) limits.
Also don't forget that we are talking about employee contributions here so there is another limit involved. Regardless of what the employee contributes, UAL is calculating 16% of one's income and depositing that in the B-Fund on top. So there is another annual limit of $53,000 for the combination of employee and employer contributions.
Originally Posted by flap
Post Tax is not a Roth account. After maxing out pre tax, post tax can be contributed to any bucket.
For example, I'm depositing post-tax $$$ into the Roth every month.
04-29-2016, 04:42 AM
#9
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Originally Posted by cadetdrivr
And just to spell it out...the voluntary post-tax contribution is a Roth account.
The loophole with post tax is that you can do a mega-backdoor Roth conversions but politicians want to end that trick. I like Vanguard for IRA's and for rolling your old 401k's to IRA's.
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