The Mega Backdoor Roth IRA
…are contributions to a 401(k) plan made with post-tax money (like Roth contributions). After-tax contributions will grow in your 401(k) plan tax-free but all of the earnings will be taxed…
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What Is Biglaw and Is It Worth It?
…great responsibility comes a tremendous personal demand. In the next section, we examine the average starting salary of Biglaw associates and why these firms are willing to pay so much…
The Power of Incrementalism: What Can You Do Today?
…build financial freedom, what can you to do today? It’s the simple question that motivates me every day: what can I do today to advance my goal? I’ve found that…
Biglaw Salary Scale
…well historical changes in associate compensation and a comparison of the historical Biglaw associate salaries with the current Cravath scale on an inflation-adjusted basis. Biglaw Budget Template Convert income into…
How to Get Student Loan Assistance from LRAP
…free hand in terms of using the money to pay back loans. You can use the money to pay off basically any loan used to pay for law school or…
Getting Married and Taxes
…getting married). One example of this is Roth IRA contributions. Previously my wife was under the income limit and could make normal Roth IRA contributions. Now that our income is…
The Roth IRA Conversion Ladder
…You can then withdraw the contributed amount from a Roth IRA tax and penalty free. The Roth IRA Conversion Ladder comes with two catches. The first is that you need…
