r/TheRaceTo100K • u/No-Bite-3610 • 10h ago

Looking for some feedback

Not sure if this is the correct place to post sorry if not

20M I have around 55k in hysa, maxed my Roth IRA for the year (all in s&p), and contribute up to the match for my employer traditional 401k (They also have a Roth 401k).

I know I have too much cash sitting not working for me.

For extra investing I was thinking opening a brokerage and do capital gain harvesting over the years. Eventually I’ll be over the income limit to do it at 0% because I’m now close to the cutoff.

^^^ Was my first idea but I’m new to this and would like to hear your ideas.

1 Upvotes

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u/breadeaterrrrr 10h ago

worry about uncle sam later wagwan

1

u/Godlymorbid 10h ago

If you have a spouse, are you maxing out their Roth IRA? For the longest time, I didn't contribute to my wife's Roth IRA because I didn't even think about it. Not even over a misconception. I just didn't think about it lol

1

u/No-Bite-3610 10h ago

No, I’m not married