What to do with a Year-End Bonus
Got a $5,000 year-end bonus? I walk through what to do with a year-end bonus, comparing donate, put it in a 401(k), Roth IRA, pay Roth conversion tax, cover a child’s tuition or replace the heating and A/C. I use a 24% bracket example with a net after-tax $3,800 to show the math.