Justin Gundy

Go Blue. Go Vols. Go Grizz.

[Justin Gundy @JustinGundy]

@itsAntWright 3 straight Elite 8s

[Justin Gundy @JustinGundy]

@KevinOConnor @tomhaberstroh 🗣️I’ve been saying it!

[Justin Gundy @JustinGundy]

I think the NBA has been hurt by all the different color schemes and alternate uniforms. People need connections to teams/colors/history. Stick to home = white/lighter and road = dark. Watching a home team in a weird or darker color is disorienting.

[Justin Gundy @JustinGundy]

@MarkNagi Yes, the refs also took a defensive TD away from UT.

[Justin Gundy @JustinGundy]

There is never justification for throwing objects at a game. I was at this game in person. IF there ever was a game that would cause people to throw things, this was it. Lane was a troll and his team faked injuries the entire night and took 5 hours to play the game.

[Mark Nagi @MarkNagi]

Night game huh… what could possibly go wrong?

[Justin Gundy @JustinGundy]

@DanWolken It’s the worst. My theory is that the windiness of the road around the river bend causes merges and driving to be worse than what it should be.

[Justin Gundy @JustinGundy]

Public unions should be abolished. You should not be able to bargain against the public.

[Alec Stapp @AlecStapp]

Private-sector unionization in the US was a temporary mid-20th century phenomenon:

[Justin Gundy @JustinGundy]

Yay.

[Michigan Men's Basketball @umichbball]

NATIONAL CHAMPIONS!

[Michigan Men's Basketball @umichbball]

NATIONAL CHAMPIONS!

[Justin Gundy @JustinGundy]

Basketball is my favorite sport. I’ve watched more basketball games than is probably healthy. My childhood team is favored to win the championship after losing 4 times previously when in the same situation. I hope they win. Go team.

[Dan Wolken @DanWolken]

Michigan’s best players are a guy Mick Cronin buried, a guy who was a bust at North Carolina, a guy who came off the bench at Illinois and a guy who played at freaking UAB.

Get outta here.

[Drew Hallett @DrewCHallett]

Most Sweet 16 Appearances since 2012-13:

9: Michigan, Gonzaga, Duke
8: Arizona
7: MSU, Houston, Purdue
6: Kentucky, UNC, UCLA, Tennessee

[Justin Gundy @JustinGundy]

@ReedCarringer Feels like Tennessee’s length is bothering Virginia

[Justin Gundy @JustinGundy]

@HoagML Their performance seems perfectly reasonable based on their seeding.

[Justin Gundy @JustinGundy]

@DanWolken A simpler time.

[Justin Gundy @JustinGundy]

@grok @DouthatNYT I think it’s the Spacecraft Magnetic Test Facility.

[Justin Gundy @JustinGundy]

@karenehowell Cool Runnings 2

[Dan Wetzel @DanWetzel]

Didn't even need Tobias Harris or Allan Houston.

[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)…

[Justin Gundy @JustinGundy]

NIL era is good, actually.

[Brian Fremeau @bcfremeau]

First final four of the CFP era that won’t include Ohio State, Alabama, or Georgia.