I recently discovered that it makes sense to have a Roth IRA in addition to my Roth 401k (which I am maxing out my employer contribution) to maximize tax-free growth. I have previously been routing the remainder of my long-term/retirement monthly investment capital to VTIAX and VTSAX in my traditional brokerage account. Does it make sense to sell off $6500 from this funds to buy back into my mutual funds (both with $3k minimum investments) or should I just start contributing to their ETF equivalent?
If I were to sell from my brokerage account, would it make sense to fund towards the end of 2023 so I can begin automatically investing bi-weekly as I previously was starting in January 2024?
I am 28 y/o and earn in the low six figures if that impacts your response. Thanks in advance!
Submitted July 22, 2023 at 01:04AM by B_MiLLi https://ift.tt/36KZiAj
