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Old 09-12-2015, 04:09 PM
  #185281  
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Originally Posted by DAL73n View Post
This only works if you have NO CURRENT TRADITIONAL IRAs. Do not fall into the trap if you do already have some traditional IRA money because you can only convert on a pro rata basis.

Not true. I use a separate account and don't mix the funds.
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Old 09-12-2015, 04:23 PM
  #185282  
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Originally Posted by TED74 View Post
Not true. I use a separate account and don't mix the funds.

Ooops...I guess I don't do that since you are right. Good catch. Since 2010, I have had zero balance in traditional IRAs, so this didn't affect me.

Any new hires could think about converting any traditional IRAs in their first/low-income year in prep for higher tax brackets later. Who knows if this back door will remain, but my hunch is that tax rates will be going up. And I'm an anonymous internet poster, so you should really listen to me!!!
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Old 09-12-2015, 04:58 PM
  #185283  
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Originally Posted by TED74 View Post
Ooops...I guess I don't do that since you are right. Good catch. Since 2010, I have had zero balance in traditional IRAs, so this didn't affect me.
There's a way around the proration problem, too: roll over the full balance of the IRA into a 401(k), then roll the after-tax portion back out into a Roth IRA. That gets your before-tax balance into a tax-deferred account (i.e., no current taxes due), and zeroes out your IRA balance for future "back door" Roth contributions.
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Old 09-13-2015, 02:21 AM
  #185284  
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You guys sure do go to a lot of trouble "managing your portfolios" with all the machinations mentioned in the last few pages. It's going to be all for naught when the government confiscates your IRA/401Ks in a few years...
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Old 09-13-2015, 02:36 AM
  #185285  
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What carrier is DS in Travelnet? I'm trying to get home on an Endeavor flight and there are a couple DS guys less senior to me on the list. Will they travel S3 or S3B like me? Might make a difference between a nice commute home and enjoying a night in the DTW econolodge...
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Old 09-13-2015, 03:28 AM
  #185286  
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Originally Posted by MikeF16 View Post
What carrier is DS in Travelnet? I'm trying to get home on an Endeavor flight and there are a couple DS guys less senior to me on the list. Will they travel S3 or S3B like me? Might make a difference between a nice commute home and enjoying a night in the DTW econolodge...
Check the Airport standby list and you'll see everyone's priority that's checked in. DS is below us so not to worry.
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Old 09-13-2015, 04:20 AM
  #185287  
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Originally Posted by MikeF16 View Post
What carrier is DS in Travelnet? I'm trying to get home on an Endeavor flight and there are a couple DS guys less senior to me on the list. Will they travel S3 or S3B like me? Might make a difference between a nice commute home and enjoying a night in the DTW econolodge...
All the categories are confusing, if you are in doubt, click on any "HK" or "S" on the standby list. It will take you to the code page, easy peasy....
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Old 09-13-2015, 04:26 AM
  #185288  
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Originally Posted by satchip View Post
Check the Airport standby list and you'll see everyone's priority that's checked in. DS is below us so not to worry.
They are not checked in yet. I suppose I could search for another Endeavor flight somewhere in the system that has DS onboard and figure out their priority. Thanks for letting me know DS is below us though.

Originally Posted by badflaps View Post
All the categories are confusing, if you are in doubt, click on any "HK" or "S" on the standby list. It will take you to the code page, easy peasy....
That only gives priority codes, not carrier codes.
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Old 09-13-2015, 04:52 AM
  #185289  
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I could be wrong- but DS is for Delta Global. And they ride at S3C.

Again- I could be wrong.
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Old 09-13-2015, 05:23 AM
  #185290  
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Originally Posted by satchip View Post
Check the Airport standby list and you'll see everyone's priority that's checked in. DS is below us so not to worry.
DGS is Delta Global Services and they have the same priority as Delta employees.
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