I just did a rollover of 3 previous 401k’s into a Vanguard Traditional IRA. My asset allocation is 100% VTSAX. Now what do I do? It’s all tax deferred funds in there now and it’s just sitting there. If I set up monthly contributions from my post-tax dollars, then it’s a Roth. Can you mix pre-tax and post-tax dollars into a Traditional?
I currently do not have an employee sponsored 401k because it’s a new employer and I have to wait until the first of the year to enroll. I am told my new employer will match 3% on a SIMPLE IRA at that time. I’m not sure I will be able to dovetail that account into my Vanguard, so I will have yet another 401k with worth peanuts…at least for a while.
It's driving me nuts just watching my 880.611 shares of VTSAX bounce up and down every day. I want to buy more shares but I don't want to pay taxes on post-tax contributions.
Thanks for any guidance....
Ken in Dallas, Tx