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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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
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04-28-2016 | 09:08 PM
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04-28-2016 | 10:16 PM
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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
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From: 777 Cap
04-29-2016 | 03:50 AM
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And specifically the limit is the combination of the employee pre-tax and Roth contributions. You can mix at whatever ratio you desire.
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.
It depends if you have reached the limit or not, no?
For example, I'm depositing post-tax $$$ into the Roth every month.
Also don't forget that we are talking about employee contributions here so there is another limit involved. Regardless of what the employee contributes, UAL is calculating 16% of one's income and depositing that in the B-Fund on top. So there is another annual limit of $53,000 for the combination of employee and employer contributions.
For example, I'm depositing post-tax $$$ into the Roth every month.
04-29-2016 | 04:42 AM
#9
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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.
04-29-2016 | 04:48 AM
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