DanteLafutu

Dante Lafutu: entrepreneur, owner of 50 businesses, and avid fan of bears.

[DanteLafutu @DLafutu]

@Pick6 31

[Pick6 @Pick6]

$10,000 GIVEAWAY 😈

To celebrate Sunday, we are giving 100 WINNERS a $100 Bonus Pick.

Follow @Pick6, RT, and comment a number 1-60. That’s it.

[DanteLafutu @DLafutu]

@MLFootball @KennyKing_Jr @lexiosborne @Xommanders @KingOfPhinland @TitleTalkTCL @thebengalorian @LicensePlateGuy @DustBaker @vountee @RavensTalkPod Doris Burke
Chris Collinsworth
Ryan Clark

[Mark Cecchini, CFP® @markcecchini]

COMMANDER: We’re fighting for freedom. And part of that freedom… is the freedom to retire with dignity. So we’re going to start accounts called 401(k)s.

SOLDIER 1: What’s a 401(k)?

COMMANDER: It’s a retirement account. You put money in, it grows tax-free, you take it out when you’re old.

SOLDIER 2: So I don’t pay taxes on it?

COMMANDER: Well, you pay taxes later. When you withdraw.

SOLDIER 2: So it’s not tax-free.

COMMANDER: It’s…tax-deferred.

SOLDIER 2: What’s the difference?

COMMANDER: You pay taxes later instead of now.

SOLDIER 1: What if I want to pay taxes now?

COMMANDER: Then you do a Roth 401(k).

SOLDIER 3: What’s a Roth?

COMMANDER: You pay taxes now, and it grows tax-free.

SOLDIER 2: That’s what I thought the first one was.

COMMANDER: No, the first one you pay taxes later.

SOLDIER 1: Which one’s better?

COMMANDER: Depends on your tax bracket in retirement.

SOLDIER 1: …How would I…know that?

COMMANDER: You don’t. You just guess.

⸻

SOLDIER 4: What if I don’t have a 401(k) through my employer?

COMMANDER: Then you open an IRA.

SOLDIER 4: What’s the difference?

COMMANDER: One’s through your job, one’s on your own.

SOLDIER 4: Can I have both?

COMMANDER: Yes.

SOLDIER 4: Should I?

COMMANDER: Maybe.

SOLDIER 3: Can I do a Roth IRA?

COMMANDER: Only if you make under a certain amount.

SOLDIER 3: What’s the limit?

COMMANDER: Changes every year.

SOLDIER 2: What if I make too much?

COMMANDER: Then you do a backdoor Roth by putting it in a Traditonal first.

SOLDIER 2: …Is that legal?

COMMANDER: Surprisingly, yes.

SOLDIER 1: What’s a backdoor Roth?

COMMANDER: You contribute to a traditional IRA, then convert it to a Roth…but watch out for “pro rata”.

SOLDIER 1: Why wouldn’t I just contribute to the Roth directly?

COMMANDER: Because you make too much money.

SOLDIER 1: But this way I can?

COMMANDER: Yes.

SOLDIER 1: That feels like a loophole.

COMMANDER: It is. But the IRS is cool with it.

⸻

SOLDIER 5: I just changed battalions. What do I do with my old 401(k)?

COMMANDER: You roll it over.

SOLDIER 5: Into what?

COMMANDER: An IRA. Or your new 401(k). Depends.

SOLDIER 5: On what?

COMMANDER: The funds. The fees. Whether your new plan accepts rollovers.

SOLDIER 5: What if I just take the money out?

COMMANDER: You’ll pay taxes plus a 10% penalty.

SOLDIER 5: What if I’m 59?

COMMANDER: Penalty.

SOLDIER 5: 59 and a half?

COMMANDER: No penalty.

SOLDIER 5: …The half matters?

COMMANDER: The half matters.

⸻

SOLDIER 3: What’s a mega backdoor Roth?

COMMANDER: Okay. So. Your 401(k) has a limit of how much you can contribute.

SOLDIER 3: Right.

COMMANDER: But the total limit including employer contributions is higher.

SOLDIER 3: Okay…

COMMANDER: So if your plan allows ~after-tax~ contributions, you can put in more, then convert that to Roth.

SOLDIER 3: Does my plan allow that?

COMMANDER: I don’t know. You have to ask Betsy.

SOLDIER 3: Will Betsy know?

COMMANDER: Probably not.

⸻

SOLDIER 2: Can I deduct my IRA contribution on my taxes?

COMMANDER: Are you covered by a retirement plan at work?

SOLDIER 2: Yes.

COMMANDER: Then only if you make under a certain amount per year.

SOLDIER 2: What’s the amount?

COMMANDER: Depends if you’re married.

SOLDIER 2: What if my wife has a plan but I don’t?

COMMANDER: Different limit.

SOLDIER 2: What if neither of us has a plan?

COMMANDER: Full deduction.

SOLDIER 2: So it’s better to not have a 401(k)?

COMMANDER: No…

⸻

SOLDIER 1: Can I just keep my money in a sock?

COMMANDER: You could. But inflation will slowly destroy it.

SOLDIER 1: What’s inflation?

COMMANDER: (sighs)…

[ChimmyBimmy @BimmyChimmy]

DRAFTKINGS TOOK $100,000 FROM MY ACCOUNT:

Last night, DraftKings went ahead and paid me out $18,500 in winning bets, along with $80,000 in pending bets on Pick-6.

Upon withdrawing a portion of the 18.5k DraftKings froze my account, rescinded the payouts and cancelled my withdrawal. Upon rescinding the money they unlocked my account with no communication or explanation. As the Pick-6 Sets were still pending I gave the benefit of the doubt and assumed it would be repaid.

They have now gone and systematically deleted all 9 of my slips, they’re no longer in the live category or recent picks.

THERE HAS BEEN NO COMMUNICATION from DraftKings regarding this in the last 16 hours.

Please RT if also affected.

@DK_Assist @DKSportsbook @Pick6

[King Blime @thebrotector]

Last night I hit this live on Draftkings Pick 6. This slip was not paid out and is completely gone from my transaction history like it never existed. Retweet if you are experiencing something similar

[Dustin Grage @GrageDustin]

Minnesota has the largest Hmong refugee community in the country. They have no widespread daycare or Medicaid fraud problems.

Maybe… just maybe… this is a Somali culture problem.

[Theo Von @TheoVon]

What are we paying taxes for?

[pagemasta @AdamPage85]

The most unrealistic thing about Stranger Things isn’t the Mind Flayer, Vecna or the Upside Down.

It’s that for 5 seasons, we’ve been entrenched in an American Midwestern small town in the 1980s and not a single mention of Christ, Church, or Christianity. 😂

[Ceddanne Rafaela Enjoyer @RafaelaEnjoyer]

I don’t think sports books should be able to tweet stuff like this

[Michael J. Miraflor @michaelmiraflor]

I pay $795/year for a @Chase Sapphire Reserve card and they won’t let us into the half empty Sapphire Lounge at BOS earlier than 3 hours before our flight (6 hour unplanned layover) for no reasons other than “thems the rules, sorry.” Finally a great reason to cancel.

[Ben Axelrod @BenAxelrod]

I’ll typically take bad football over no football, but we cannot let the NFL go to 18 games. These last two Saturday slates + Christmas Day have felt like a chore.

[Jeff Nadu @JeffNadu]

The Russian Mob has been doing those healthcare/medical scams for decades in places like Brooklyn. Maybe it's time for my own little documentary👀👀👀

[Jeff Nadu @JeffNadu]

If you’re a taxpayer in this country you should completely and utterly appalled by @nickshirleyy video in Minnesota.

No matter who you vote for.

Period.

[PK 🇵🇸 @c00kie_burns]

There was a half second in the new stranger things episodes where u thought Nancy and company were gonna find holly wheeler splatted on the ground and I would’ve taken back every bad thing I’ve ever said about the show

[Will Compton @_willcompton]

Everyone is caught up with the gay scene in Stranger Things but we’re not gonna talk about how Nancy Wheeler operates like a Navy SEAL with a firearm??

She’s prestiges every season

[Willie “Tour Wipe” Park Jr @Yungwilliepark]

My mom goes “who’s that stupid little rat next to drew brees”

[DanteLafutu @DLafutu]

@CallingOurShot Yup. That’s what Christmas is all about kids. Stringing ridiculously bad math plays on a Book that doesn’t properly deal with injuries and an almost criminal SGP engine. All the while trying to save a holiday that’s about how we are saved from our stupidity, greed, and condition.

[UniCat @CFBUniCat]

You’re telling me that a guy named ROCKY BEERS was at Colorado State and there wasn’t a massive NIL deal with Coors? Coors may need to find a new marketing team.