Personal Finance (Not Investing) • Sell taxable stock to max tax-deferred accounts: good idea?

My salary is about 175k/year.

I don't have enough money in my budget to max my Trad 401k as well as HSA. I only have enough cash flow to max my HSA, contribute about half to 401k. If I had more money, I would continue to max the 401k.

I have a Roth IRA available. I do not contribute to it because it does not confer any immediate reduction in tax bill nor any tax deferral. If I had more cash, I would prefer contribute it to tax-deferred accounts.

Looks like the problem is I just need more income.

Statistics: Posted by blortchplop — Wed Jan 15, 2025 6:36 pm — Replies 13 — Views 609