Recent content by Pemolis

  1. P

    17,500 TSP yearly limit, how to split between Roth 401k and TSP?

    From my understanding, the 2013 limit in contributions will be $17,500. That is combined Roth 401k and the TSP traditional. What is a general strategy of how to divide up what percentage goes into the Roth 401k, and what goes into the Traditional TSP. I know that at MINIMUM 5% goes into the...
  2. P

    Roth IRA maximum income?

    Heh everybody has calculator's but there are rarely any specific answers to these things I guess. I understand the AGI now, I just don't know if the Federal Pension falls under that "contributing to an employee program" clause. Guess I'm literally looking for the definition of both the Fers...
  3. P

    Need advice on how to properly fill out a w-4 and a NYS IT-2104

    I can probably simplify this thread to just this question. 2) IT-2104, Line 1, Total Number of allowances claiming NYS and Yonkers. Line 20 says " Subtract line 19 from line 18. " Lets assume line 18 is 2, and line 19 is 0. Is it a) 2-0=2, OR b) 0-2=-2?
  4. P

    Need advice on how to properly fill out a w-4 and a NYS IT-2104

    I'm trying to figure this out, and frankly I am lost. Its pretty well known Mypay will not allow us to file NYS/City 2104, and for the past 4 years, I've been winding up having to pay more and more back to New York state because there has been no city deduction. Now I don't want any tips on...
  5. P

    Roth IRA maximum income?

    Thank you for the feedback Boghie. I believe I can break this down into a simple 2 questions. 1) Regarding the Modified Adjusted Gross Income (MAGI). Would it be based on my Gross income before non-taxable income (the overall), or the amount after the non-taxable's have been withdrawn (such...
  6. P

    Looking to Find an Accountant...

    Got some advice from a friend regarding this issue, no need to reply. Can close thread if needed
  7. P

    Looking to Find an Accountant...

    I already know that retirement planning is beyond me. I'm a LEO, early 30's, and I cannot figure out what to do regarding Roth or IRA's, if I qualify or not, how to reduce tax overhead, reduce my income correctly, manage retirement accounts, how TSP works in regards to pretax and post tax...
  8. P

    Roth IRA maximum income?

    1) I tried to understand that, but I'm getting 2 conflicting issues. Mainly what this cap is. Being a leo, I do get a pension, but I don't know if that means my cap for even starting a IRA or a Roth IRA is possible, if its 110,000 or by that table, 60,000? Remember, Baby Investor, I don't...
  9. P

    Roth IRA maximum income?

    I've been trying to find more information on this, and what I got from the IRS made no sense. I'm also a baby at investing, and have literally a ton of general questions, but the Roth ones is the one that's got me. I'm a LEO GS 13-1 in New York, which means I should make about 115,323 a year...
See more
Back
Top