Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

48
Posts
25
Votes
Ben S.
25
Votes |
48
Posts

Did I screw up my retirement savings? Roth 401k changed...

Ben S.
Posted

Most all of my 401k investments have been after tax contributions which I think went to a roth 401k and I have been at 5-6 jobs in my 21 years of my career. I've nearly always chosen after tax contributions because I would rather be taxed now then at retirement when I take it out. Since then I've transferred my retirement funds to many different investment firms and finally I've put about half into forgetrust.com so I could invest in a syndication but it is showing up as a Contributory Traditional IRA which to me seems like a before tax fund?

Did I screw up somewhere or did one of my many moves to investment firms cause this?

For example, I know my very first career job I contributed about 80 percent of the retirement funds to after-tax contributions which I would think would be something like a Roth 401k. Then I moved that to UBS which tracked all of those same funds as SEP IRA or Simplified Employee Pension account type. Then I move the funds to TransAmerica, then to Edward Jones, then to this self-directed IRA for the syndication investment.

I don't understand at all how I am supposed to track what funds are before-tax contributions and what funds are after-tax contributions.

Can someone help me understand how I can make sense of all of this?  Or who I can go to to make sense of this?  I've asked my accountant but didn't really get much help there.

  • Ben S.
  • Loading replies...