Thoughts on first year retirement strategy?

Is this a good strategy? I opened a Roth IRA and will contribute 6k this year before I become ineligible. I am also maxing out my Roth 401k (will yield about 16k post tax). Then I will roll over the Roth 401k to the Roth IRA. In a year I’d have 22k in my Roth IRA and could continue doing this. There are no fees or taxes on the Roth to Roth conversion. In future years I wouldn’t be able to contribute due to income limits but no such limit exists for conversions and my Roth 401k plan allows for the rollover so I’d be adding 16k or a number around there to my Roth IRA per year and benefit from employer matching, even though I’m not eligible for a Roth IRA. Please point out holes in this if there are any before I do this.

1 Comments
 

Fugiat voluptatem et vel. Nihil in dignissimos quo. Nihil nam iure commodi nihil et debitis. Quod ut voluptas laborum delectus est accusantium.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”