Jack

If it is to be said, so it be.

[l feII in Dior @LIRIO_AG]

“Ay no, tarjeta gris otra vez”.

[Jack @__bellyeah]

@NUCLRGOLF

[Jack @__bellyeah]

@NoLayingUp @Titleist You guys gotta let it go

[Jack @__bellyeah]

NFL officiating is incredibly inept

[Jack @__bellyeah]

@leftyzag It’s not that serious

[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)…

[Jack @__bellyeah]

We are watching the dismantling of one of the best sporting institutions in the world. College football teams selling themselves to the ghouls of private equity, turned into revenue generating machines, that are then sold to the next PE ghoul, all at the expense of the cfb fan

[Ross Dellenger @RossDellenger]

In a groundbreaking endeavor, the University of Utah athletics is entering into what could be a $500M+ equity partnership with Otro Capital featuring the creation and shared ownership of a for-profit entity to operate athletics, sources tell @YahooSports.

https://t.co/yLhYp0liPI

[Jack @__bellyeah]

@CJ_81 Couldn’t agree more

[Paul Pabst @PaulPabst]

"Coaches will leave football programs in the middle of a title run, to join a program in order to have a better chance of making a title run. Whilst currently being further away."

[Brad Crawford @BCrawford247]

This performance pretty much sums it up for South Carolina's 2025 season.

One of the more talented teams in recent memory marred by coaching malfunctions, no leadership and players failing to live up to expectations.

The blame's program-wide.

[Jack @__bellyeah]

This is what a championship caliber head coach builds his program on. Physicality, dominating your opponent, and winning the 4th quarter.

No funny business just hitting people and winning games

[CJ Vogel @CJVogel_OTF]

What a quote from Kirby Smart here.

“A lot of these kids want a check. They don’t want physicality. If you have the check and no physicality, you end with nothing. You’re not just getting checks at our place. We’re hitting people.”

[Jack @__bellyeah]

@Josh_Johnson79 On the tarmac

[Jack @__bellyeah]

We are a mentally weak football team that is incapable of playing even at a competitive level. At least we’re a program built on “love”.

I can’t believe what I just watched.

[Burns @therealburns3]

I have YouTube TV and ESPN plus yet still can’t watch Monday night football tonight on either

[Jack @__bellyeah]

@YouTubeTV

[Michael Hurley @michaelFhurley]

This felt like Bryce Young’s “I don’t wanna be around anymore” moment.

[Strunk Flugget @TheeGamecock]

This is absolutely disgusting

[Jack @__bellyeah]

@fried_egg_golf Jordan Spieth, and then we’ll pretend to be shocked

[Masters Burner @ANGC_burner]

Rory McIlroy hits the nail on the head, volume 37826.