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401k Conversion

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Author Message
Manager
Manager
avatar
Joined: 08 May 2011
Posts: 217

Kudos [?]: 92 [0], given: 3

Location: United States
Concentration: International Business, General Management
Schools: Wharton '16 (M)
WE: Analyst (Venture Capital)
401k Conversion [#permalink]

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New post 26 May 2014, 10:02
All, what is the best strategy for 401k conversions during b-school. Since our tax bracket will be very low for full-time programs, do you do some rollovers into a Roth account and pay the lower tax rate?

Kudos [?]: 92 [0], given: 3

1 KUDOS received
Current Student
avatar
Joined: 30 Jan 2010
Posts: 301

Kudos [?]: 140 [1] , given: 73

Location: United States
Concentration: Strategy, Economics
Schools: Chicago Booth - Class of 2015
WE: Project Management (Real Estate)
Re: 401k Conversion [#permalink]

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New post 26 May 2014, 11:22
1
This post received
KUDOS
First off, congrats on Wharton! I seem to remember we were slogging it out together during waitlist season last year. It looks like the extra year paid off huge for you.

Check out this post I wrote in another thread a while back. It describes some of the tax optimization strategies I'm employing.

anybody-else-doing-a-top-10-almost-completely-with-debt-169433.html#p1351464

Disclaimer: These are personal anecdotes; I'm not a tax advisor. In fact, I might have made all this stuff up. ;-)

Kudos [?]: 140 [1] , given: 73

1 KUDOS received
Manager
Manager
avatar
Joined: 08 May 2011
Posts: 217

Kudos [?]: 92 [1] , given: 3

Location: United States
Concentration: International Business, General Management
Schools: Wharton '16 (M)
WE: Analyst (Venture Capital)
Re: 401k Conversion [#permalink]

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New post 26 May 2014, 15:57
1
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KUDOS
Awesome, thanks sir.

For a PE investor I have an abysmal sense of personal finances.

Kudos [?]: 92 [1] , given: 3

Re: 401k Conversion   [#permalink] 26 May 2014, 15:57
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