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jyurasek02Participant
That is very interesting figures. I know that there has been some serious hand waving by the fed in the case of inflation, since it doesn’t include energy. How do you do your calculations? Is there an internet site that calcs true inflation?
jyurasek02ParticipantThat is very interesting figures. I know that there has been some serious hand waving by the fed in the case of inflation, since it doesn’t include energy. How do you do your calculations? Is there an internet site that calcs true inflation?
jyurasek02ParticipantThat is very interesting figures. I know that there has been some serious hand waving by the fed in the case of inflation, since it doesn’t include energy. How do you do your calculations? Is there an internet site that calcs true inflation?
jyurasek02ParticipantThat is very interesting figures. I know that there has been some serious hand waving by the fed in the case of inflation, since it doesn’t include energy. How do you do your calculations? Is there an internet site that calcs true inflation?
jyurasek02ParticipantI am just finishing the book also, and trying to wrap my brain around all of the topics covered. What I think I get out of it is that interest rates will rise in the coming recession due to inflation (true inflation as he says, not CPI) and the potential pullout of overseas investors. I discussed this topic in my economics class at business school and one person stated the whole reason the gov is doing this is to sell off our debt for cheaper than what we borrowed at. In other words, driving the dollar down and forcing overseas investors to cash out, basically allows us to pay off the debt with weak dollars. Not sure if this holds water though.
jyurasek02ParticipantI am just finishing the book also, and trying to wrap my brain around all of the topics covered. What I think I get out of it is that interest rates will rise in the coming recession due to inflation (true inflation as he says, not CPI) and the potential pullout of overseas investors. I discussed this topic in my economics class at business school and one person stated the whole reason the gov is doing this is to sell off our debt for cheaper than what we borrowed at. In other words, driving the dollar down and forcing overseas investors to cash out, basically allows us to pay off the debt with weak dollars. Not sure if this holds water though.
jyurasek02ParticipantI am just finishing the book also, and trying to wrap my brain around all of the topics covered. What I think I get out of it is that interest rates will rise in the coming recession due to inflation (true inflation as he says, not CPI) and the potential pullout of overseas investors. I discussed this topic in my economics class at business school and one person stated the whole reason the gov is doing this is to sell off our debt for cheaper than what we borrowed at. In other words, driving the dollar down and forcing overseas investors to cash out, basically allows us to pay off the debt with weak dollars. Not sure if this holds water though.
jyurasek02ParticipantI am just finishing the book also, and trying to wrap my brain around all of the topics covered. What I think I get out of it is that interest rates will rise in the coming recession due to inflation (true inflation as he says, not CPI) and the potential pullout of overseas investors. I discussed this topic in my economics class at business school and one person stated the whole reason the gov is doing this is to sell off our debt for cheaper than what we borrowed at. In other words, driving the dollar down and forcing overseas investors to cash out, basically allows us to pay off the debt with weak dollars. Not sure if this holds water though.
jyurasek02ParticipantI am just finishing the book also, and trying to wrap my brain around all of the topics covered. What I think I get out of it is that interest rates will rise in the coming recession due to inflation (true inflation as he says, not CPI) and the potential pullout of overseas investors. I discussed this topic in my economics class at business school and one person stated the whole reason the gov is doing this is to sell off our debt for cheaper than what we borrowed at. In other words, driving the dollar down and forcing overseas investors to cash out, basically allows us to pay off the debt with weak dollars. Not sure if this holds water though.
jyurasek02ParticipantThis is a little off topic, but I have the following concern. What about some of the tax implications of rolling over a Traditional into a Roth. Are all of the amounts taxed at you income rate?
My income will be about 60K this year. I rolled over about 30K in 401K from previous emplyer into Traditional IRA’s,and then converted into Roth IRA’s. I elected to withhold the standard 10%, however, I am wonering if at tax time I will owe the remaining 18% to the IRS. Can anyone help me on this one?
jyurasek02ParticipantThis is a little off topic, but I have the following concern. What about some of the tax implications of rolling over a Traditional into a Roth. Are all of the amounts taxed at you income rate?
My income will be about 60K this year. I rolled over about 30K in 401K from previous emplyer into Traditional IRA’s,and then converted into Roth IRA’s. I elected to withhold the standard 10%, however, I am wonering if at tax time I will owe the remaining 18% to the IRS. Can anyone help me on this one?
jyurasek02ParticipantThis is a little off topic, but I have the following concern. What about some of the tax implications of rolling over a Traditional into a Roth. Are all of the amounts taxed at you income rate?
My income will be about 60K this year. I rolled over about 30K in 401K from previous emplyer into Traditional IRA’s,and then converted into Roth IRA’s. I elected to withhold the standard 10%, however, I am wonering if at tax time I will owe the remaining 18% to the IRS. Can anyone help me on this one?
jyurasek02ParticipantThis is a little off topic, but I have the following concern. What about some of the tax implications of rolling over a Traditional into a Roth. Are all of the amounts taxed at you income rate?
My income will be about 60K this year. I rolled over about 30K in 401K from previous emplyer into Traditional IRA’s,and then converted into Roth IRA’s. I elected to withhold the standard 10%, however, I am wonering if at tax time I will owe the remaining 18% to the IRS. Can anyone help me on this one?
jyurasek02ParticipantThis is a little off topic, but I have the following concern. What about some of the tax implications of rolling over a Traditional into a Roth. Are all of the amounts taxed at you income rate?
My income will be about 60K this year. I rolled over about 30K in 401K from previous emplyer into Traditional IRA’s,and then converted into Roth IRA’s. I elected to withhold the standard 10%, however, I am wonering if at tax time I will owe the remaining 18% to the IRS. Can anyone help me on this one?
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