| Author | Message | ||
     Chiru_fan Hero Username: Chiru_fan Post Number: 18920 Registered: 04-2008 Posted From: 72.81.249.5 Rating: N/A |
Thanks, bhayya for all the information! CHIRU - SACHIN - FEDERER | ||
| King Junior Artist Username: King Post Number: 384 Registered: 08-2013 Posted From: 66.68.116.73 Rating: N/A |
Cut of date to open profit sharing is Dec 31st for that year and you need to fund employee contribution by that date | ||
| King Junior Artist Username: King Post Number: 383 Registered: 08-2013 Posted From: 66.68.116.73 Rating: N/A |
can be done any time I usually do it one time but run the 401K deductions on payroll every month. for employee contribution. On employer contrubution of 25% of salary, I do it at the end of the year | ||
| Chiru_fan Hero Username: Chiru_fan Post Number: 18919 Registered: 04-2008 Posted From: 72.81.249.5 Rating: N/A |
I have a question regarding the employer contribution (25%) and the employee contribution (401k)should that be done on a pay check to pay check basis, or can that be a one-time contribution? CHIRU - SACHIN - FEDERER | ||
| King Junior Artist Username: King Post Number: 382 Registered: 08-2013 Posted From: 66.68.116.73 Rating: N/A |
I opened with fidelity and I trade with funds.No idea with the funds as I did not explore them | ||
| Chiru_fan Hero Username: Chiru_fan Post Number: 18918 Registered: 04-2008 Posted From: 72.81.249.5 Rating: N/A |
Yes, bhayya...for self-employed...Is 401K Profit sharing different from SEP IRA? which company/ies do you suggest to look at and the fund type? CHIRU - SACHIN - FEDERER | ||
| King Junior Artist Username: King Post Number: 381 Registered: 08-2013 Posted From: 66.68.116.73 Rating: N/A |
.Is this for self employed? I opened 401K Profit sharing where I can do max 17500 for Employee 401K and 25% of employee compensation by employer ( Both the cases I am contributing). Maximum combined you can do 50K/annum. Positive and negative is , you can manage the accounts and do trading | ||
| Chiru_fan Hero Username: Chiru_fan Post Number: 18917 Registered: 04-2008 Posted From: 72.81.249.5 Rating: N/A |
Thanks, bhayya... SEP IRA account open cheddamu anukuntunna....could you please suggest any good companies & options to go with? CHIRU - SACHIN - FEDERER | ||
| King Junior Artist Username: King Post Number: 380 Registered: 08-2013 Posted From: 66.68.116.73 Rating: N/A |
Yes Sir. Money matter ayithey only Mav | ||
| Chiru_fan Hero Username: Chiru_fan Post Number: 18915 Registered: 04-2008 Posted From: 72.81.249.5 Rating: N/A |
opaali ilaa randi....chinna question.... CHIRU - SACHIN - FEDERER |
