| Author | Message | ||
Emc2 Legend Username: Emc2 Post Number: 45182 Registered: 03-2008 Posted From: 108.48.4.24 Rating: N/A |
if you have choice to invest in better investments i would say blocking money in 401k is blunder | ||
Rocketk2 Junior Artist Username: Rocketk2 Post Number: 971 Registered: 03-2014 Posted From: 107.77.76.121 Rating: N/A |
it is not tax free. It gives ability to defer tax and in progressive taxation that can help you minimize taxes. For ex: if we earn 100k we will be in 24% tax bracket. By taking away 18k and deferring it to after 65 when you will have no(or less) income, you can bring back that 18k in a lesser tax bracket. When employer matches, you should take it. That part is no-brainer to leave money on table. Rest depends on ones personal situation . For most cases, putting in 401k without match will be beneficial but I would say max it only after your debts are paid off and have some cash (enough to run for 3 months without salary) on hand . One additional advantage is that it imposes discipline investing. | ||
Andhrawala Legend Username: Andhrawala Post Number: 45430 Registered: 03-2008 Posted From: 98.122.147.86 Rating: N/A |
If married ur wife will be automatic beneficiary. If u want to nominate someone other than sposuse, he/she need to agreee No Signature | ||
Emc2 Legend Username: Emc2 Post Number: 45180 Registered: 03-2008 Posted From: 108.48.4.24 Rating: N/A |
Bokest thing about 401k is they say it is pre tax money But ultimately when you with draw you have to pay taxes Lol | ||
Spigot Junior Artist Username: Spigot Post Number: 983 Registered: 01-2015 Posted From: 24.107.72.73 Rating: N/A |
401k antene dollar cost averaging strategy kadha https://www.mutualfundstore.com/dollar-cost-averaging nobrainer ante elAGO enlighten us " Do not think inside the box, Do not think outside the box, Think like there is no box. " - Unknownanda | ||
Ckp Junior Artist Username: Ckp Post Number: 690 Registered: 03-2013 Posted From: 12.207.16.183 Rating: N/A |
It does not matter where you go...your money will be given to you wherever you are....Make sure your account is updated with the current address every time you move... | ||
Ckp Junior Artist Username: Ckp Post Number: 689 Registered: 03-2013 Posted From: 12.207.16.183 Rating: N/A |
401K is no brainer. Alwya put money in 401K even if the company does not match or contribute... It is pre tax money so the difference in pay check is very less.... You can take loan against it.. It is your retirement money..when you retire ..you do not have to depend on others.... If you do not want to take risk investing, you can always put the 401K money in money market.... You can open an IRA account and put money there...you can trade instead of other company managing it.... When you move between company's, you can transfer the 401K money to the new company Plan... 401K is no brainer...always contribute... | ||
Mahiz Junior Artist Username: Mahiz Post Number: 552 Registered: 10-2012 Posted From: 64.30.64.197 Rating: N/A |
Bump.. For my question | ||
King Comedian Username: King Post Number: 1727 Registered: 08-2013 Posted From: 104.57.181.67 Rating: |
mana koche 80-100K etla manage cheyalo telidu kaani, bab state ni etalnadapalo mathram | ||
Mahiz Junior Artist Username: Mahiz Post Number: 551 Registered: 10-2012 Posted From: 168.159.213.205 Rating: N/A |
what happens , when something unfortunate happens to us , can we nominate our parents in India as beneficiaries | ||
Fargo Side Hero Username: Fargo Post Number: 9602 Registered: 04-2012 Posted From: 148.87.67.201 Rating: N/A |
This is so busss My employer matches 50% up to 7% of my amount | ||
Mahiz Junior Artist Username: Mahiz Post Number: 550 Registered: 10-2012 Posted From: 168.159.213.205 Rating: N/A |
manamu india vellipothe 3/4 years contribute chesi ... aa tharuvatha position enti | ||
Boglehead Junior Artist Username: Boglehead Post Number: 86 Registered: 06-2014 Posted From: 50.241.188.46 Rating: N/A |
401k, 403b, 457... All work pretty much the same way. 1. Contribute with pre-tax dollars upto $18k this year. Your employer may or may not match. If they do, then you have no reason not to contribute. 2. You can withdraw the money the year you turn 59.5. You will pay tax on the you will withdraw. You can withdraw before 59.5, but will need to pay both tax and 10% penalty. You may avoid the penalty, if you can show financial hardship. 3. You can borrow from the account upto 50k or 50% of the balance, whichever is less. The principal and interest both go back into your 401k | ||
Kuyyo_morro Megastar Username: Kuyyo_morro Post Number: 20960 Registered: 02-2011 Posted From: 173.169.22.176 Rating: N/A |
I took out some funds when needed. Half the money ki loan laaga theesukochu. But you pay for it monthly and it goes to your 401k only. But total amount theesukune option kuda undi for which you pay taxes and other fees. Transamerica lo chepthunna. | ||
Tombrady Legend Username: Tombrady Post Number: 41137 Registered: 05-2012 Posted From: 216.163.220.32 Rating: N/A |
vuncle eti ee bad advice ikkada fekaku | ||
Kuyyo_morro Megastar Username: Kuyyo_morro Post Number: 20958 Registered: 02-2011 Posted From: 173.169.22.176 Rating: N/A |
aa funds retire ayinaka vasthayi. Losses tho theesukunte you can cash out but lot of paper work and pay taxes. | ||
Rajusk Legend Username: Rajusk Post Number: 42250 Registered: 02-2008 Posted From: 170.74.231.7 Rating: N/A |
pukat lo company vodu isthunte ..account opening seyyadame..lekunte..moosukoni vere daari soosukovali.. naaku pukat ki teesukone adrushtam tagalaledu eppudu..Sony/HD/Jalsa kurrol FTEs kabatti..discofying | ||
Xxx Side Hero Username: Xxx Post Number: 9921 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
6 + 4.5 = 10.5 , still less than 6 anaata how did you loose 45% on your investment ? - | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 31811 Registered: 02-2009 Rating: N/A |
6% kante takkuva returns antunaava ? ee year anni funds padukunnayi gaa in terms of return | ||
Sachin Legend Username: Sachin Post Number: 39971 Registered: 04-2008 Posted From: 208.78.147.194 Rating: N/A |
lets say 5 years pani chesi india jump ayipoyaaam...apudu emayidddi | ||
Xxx Side Hero Username: Xxx Post Number: 9920 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
http://www.obliviousinvestor.com/roth-401k-distribution-rule s/ bhaiya naa link Roth kaa not IRA related - | ||
Sony Megastar Username: Sony Post Number: 25131 Registered: 12-2006 Posted From: 170.48.19.251 Rating: N/A |
401k lo 6% kante takkuva ostundi uncle i am putting 6% and my company 4.5% ayina kaani less than 6% ante ento ardham avatam ledu emaina kituku unte cheppu | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 31810 Registered: 02-2009 Rating: N/A |
jal death and taxes are unavoidable ani oka great person seppio which age annadhi important post retirement lo if 401k withdrawls are your major income you will ned up paying way less tax than you would on that extra money in this age i have heard many cases where ppl withdrew money 401k in the year(s) after they did rti to india...your income is less and if emp contributions are fully vested then good thing | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 31809 Registered: 02-2009 Rating: N/A |
db lo 401k, ira , CDs, etc lanti low risk investments saala discos jarigaayi end of the day big shots vachi tuooch 10-12% returns aa...2 rs vaddiki tippukunna boledu vasthaayi antaaru | ||
Alochinchu Comedian Username: Alochinchu Post Number: 1563 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
ROTH IRA and ROTH 401(k) are different.. latter is employer based.. | ||
Xxx Side Hero Username: Xxx Post Number: 9919 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
Regular 401k , you don't pay taxes now ; You can save 18k , for example you have 100k salary , you will pay taxes on 82k only this year , At the time of retirement , you will pay the taxes on whole , for example you have 500k , but you will with draw only 50k in that particualr year after retirement , so you will pay less taxes , may be at 20% ----- Second example , Roth 401k , You pay the taxes now , and the withdrawl is tax free at retirement - | ||
Kukatpally Hero Username: Kukatpally Post Number: 18712 Registered: 07-2014 Posted From: 57.69.14.65 Rating: N/A |
ee 2 rs lolli yendi... yedo sillar sillar karchulu cheyyakunda oka 100-200 side chedam ani adigina.. ee rotha ira meeda research chesta last week insurance meeda chesa... oka idea vasindi... next week or so lo finalize cheyyali | ||
Xxx Side Hero Username: Xxx Post Number: 9918 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
http://www.obliviousinvestor.com/roth-401k-distribution-rule s/ - | ||
Alochinchu Comedian Username: Alochinchu Post Number: 1562 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
Your contribution and earnings on it are all taxed.. why take all amount one time.. it is not even allowed without penalty.. you can and should take the amount as you need.. | ||
Jalsa Legend Username: Jalsa Post Number: 33587 Registered: 02-2008 Posted From: 159.53.110.142 Rating: N/A |
adhi telisindhi but dheni meedha tax anedhi doub.t..naa prev post choodu | ||
Idiot1 Side Hero Username: Idiot1 Post Number: 3670 Registered: 07-2008 Posted From: 166.137.252.32 Rating: N/A |
1 mil save chesthe mittham oke saari enduku withdraw chesthaav | ||
Emc2 Legend Username: Emc2 Post Number: 45179 Registered: 03-2008 Posted From: 108.48.4.24 Rating: N/A |
early withdraw ayithe penalty and tax kuda kattali after retirement age no penalty but you have to pay tax | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 31808 Registered: 02-2009 Rating: N/A |
roth IRA but it is not pretax like 401k it has its own advantages...income limit untaadhi... "Direct contributions to a Roth IRA (principal) may be withdrawn tax and penalty-free at any time.[3] Earnings may be withdrawn tax and penalty-free after 5 years if the condition of age 59½ (or other qualifying condition) is also met. " http://www.rothira.com/roth-ira-limits https://en.wikipedia.org/wiki/Roth_IRA#Contribution_limits best for self managing retirement account when 401k is not available end of the day DB lo kurchuni 2 rs interest is better ani lekkalu vesthay inka yemi seyyalemu | ||
Emc2 Legend Username: Emc2 Post Number: 45178 Registered: 03-2008 Posted From: 108.48.4.24 Rating: N/A |
401k% is pre tax money for your retirement, employer may contribute may not, there is a limit how much you can contribute to your 401k every year, this will changes based on IRS same with IRA's there is early with drwaing penalty plus tax, there is no penalty or tax after 58 yrs(check age limit) you can use your IRA's and 401k's for you home purchace and investments, there is separate process for it there is roth IRS's where you can direct fund into it and withdraw based on you income every year with out penaly and tax you can open your own IRS along with 401k's | ||
Jalsa Legend Username: Jalsa Post Number: 33586 Registered: 02-2008 Posted From: 159.53.174.140 Rating: N/A |
1 million save chestey, when we need that amount, we have to get it transferred to our bank accounts. At that time, tax rate, say 35% estaaranamaata...... | ||
Alochinchu Comedian Username: Alochinchu Post Number: 1561 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
super match.. | ||
Thelegend Moderator Username: Thelegend Post Number: 30318 Registered: 04-2008 Rating: N/A |
motthaniki tax kattali, I am 99% sure, unless they changed anything in the last few years. RothIRA ayite, you don't pay tax on your gains. | ||
Emc2 Legend Username: Emc2 Post Number: 45177 Registered: 03-2008 Posted From: 108.48.4.24 Rating: N/A |
 | ||
Alochinchu Comedian Username: Alochinchu Post Number: 1560 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
appudu nee income + withdraw amount entha ayithe antha with the tax bracket at that time.. | ||
Thelegend Moderator Username: Thelegend Post Number: 30317 Registered: 04-2008 Rating: N/A |
so nee 7% ki vaadu 5.25% add chesthadu, not bad. Its actually good. | ||
Jalsa Legend Username: Jalsa Post Number: 33585 Registered: 02-2008 Posted From: 159.53.174.140 Rating: N/A |
let's say we save 1 million by that time....after retiring aa amount manam invest chesina vatillonunchi tesesaka entha amount paina tax kattaali? is it on the income or total amount? | ||
Xxx Side Hero Username: Xxx Post Number: 9917 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
not just one year , it is to been seen as an average of many years .. - | ||
Brighton Side Hero Username: Brighton Post Number: 2200 Registered: 05-2014 Posted From: 216.228.224.84 Rating: N/A |
maavaadu 7% pedite 75% match chestadata...7 + entapettina vadem ivvadata.. ippude rule book chusa..appatlo HR pilla vayyaramga cheptunte, pillani chustu pattinchukola,100% match chestademo ani fix ayya appatinundi  | ||
Alochinchu Comedian Username: Alochinchu Post Number: 1558 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
it is for every one.. it's ok .. as long we are still contributing it will balance little.. | ||
Thelegend Moderator Username: Thelegend Post Number: 30314 Registered: 04-2008 Rating: N/A |
aa age lo, aa time lo tax lekkalu entha unte antha. Nothing extra | ||
Alochinchu Comedian Username: Alochinchu Post Number: 1557 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
ROTH is after tax contribution.. you can always take your contribution out but not the earnings.. | ||
Cinejeevi Side Hero Username: Cinejeevi Post Number: 3519 Registered: 10-2014 Posted From: 72.166.89.74 Rating: N/A |
ee year full gaa nakesindi returns on 401  shoko naashayate dhairyam shoko naashayate shrutam shoko naashayate sarvam na asti shoka samaH ripuH | ||
Jalsa Legend Username: Jalsa Post Number: 33583 Registered: 02-2008 Posted From: 159.53.174.140 Rating: N/A |
after retiremement withdraw ayetappudu entha tax % charge avuthundhi? | ||
Xxx Side Hero Username: Xxx Post Number: 9916 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
There is always a penalty if you take funds before 59 1/2 in 401k, roth or regular doesnot matter - | ||
Rebel Hero Username: Rebel Post Number: 14198 Registered: 02-2008 Posted From: 151.151.109.12 Rating: N/A |
401k is the best thing u will ever do for your financials..dot | ||
Idiot1 Side Hero Username: Idiot1 Post Number: 3666 Registered: 07-2008 Posted From: 166.137.252.32 Rating: N/A |
i am assuming mee company vaadu 50% match upto 6% or 100% match upto 3% ayyi untundi. Company match chese amount varaku ainaa 401k lo toseyyi extra pettakapoinaa. Company match chese money enduku vadulkovadam. | ||
Xxx Side Hero Username: Xxx Post Number: 9915 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
If you invest 10K, employer is paying you 3K , i.e 30 % return , where can you get in else where ? Not possible Also most of the case , for the first 3% employer will match 2 % and for next 2% employer will match 1% , type rules vuntee , - | ||
Alochinchu Comedian Username: Alochinchu Post Number: 1556 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
then go for ROTH IRA.. it is after tax money but you do not have to pay tax on earnings and also you can always take out your contribution any time with out penalty.. | ||
Jalsa Legend Username: Jalsa Post Number: 33582 Registered: 02-2008 Posted From: 159.53.174.140 Rating: N/A |
kikiki | ||
Brighton Side Hero Username: Brighton Post Number: 2197 Registered: 05-2014 Posted From: 216.228.224.84 Rating: N/A |
avunata ippude kanukkunna... swary | ||
Kukatpally Hero Username: Kukatpally Post Number: 18702 Registered: 07-2014 Posted From: 57.69.14.65 Rating: N/A |
uncle employer yem ivvadu manam yedoti plan cheyyocha... detailed ga option yettu | ||
Idiot1 Side Hero Username: Idiot1 Post Number: 3665 Registered: 07-2008 Posted From: 166.137.252.32 Rating: N/A |
nuvvu entha vesthe antha match cheyyali ani rule ledu nataraja. Adi employer iche benigit. Vaadu kavlsi vachinattu match cheyyichu | ||
Xxx Side Hero Username: Xxx Post Number: 9914 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
Yes, you can just keep it there or roll over - | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 3446 Registered: 03-2014 Posted From: 69.73.61.97 Rating: N/A |
Naa salary $100 Ayotte, nenu $15 401k lo pedathaaa. Company will give $3. So, aa $18 401k lo invest chesthe, long term lo min 10% guarantee | ||
Bingo Junior Artist Username: Bingo Post Number: 283 Registered: 11-2012 Posted From: 73.148.184.117 Rating: N/A |
anta ledu.. Maybe silicon valley lo 10% istaremo. Lot of companies match up to only a maximum 3%. If you are senior employee in that company (>10 yrs etc), they usually increase upto 5%. This is very normal scenario in large number of companies.. | ||
Bingo Junior Artist Username: Bingo Post Number: 282 Registered: 11-2012 Posted From: 73.148.184.117 Rating: N/A |
1) asalu avasaramaaa? deeni valla use endi? - na understanding idi.. I maybe wrong, so ask others too.. lets say you are earning $100k pa now. You will end up paying somewhere around 20-25% tax on $100k (assuming filing single with no dependents). Now if you move 15% of $100k into 401k, you will only pay 20% tax on the remaning $85k. You are not paying 20-25% tax on the remaining $15k. After your retirement, when you start withdrawing money from your 401k account, tax rate will be based on how much you withdraw. If you withdraw the same $15k you saved earlier, then you will pay less tax compared to what you would've paid otherwise. Ofcourse, this is assuming tax rates won't change in all those years. 2) lets say aa money stocks/bond lo ettaaru....market dhamal ante paristhithi endi? very much possible and you will end up losing lot of money. Infact during 2008 recession, lot of people's 401k went from >1M to < 200k overnight. They were past their earning age and suddenly left with next to no savings. That is why lot of people manage their 401k themselves. When you are <40yrs, you can invest in riskier options like stocks etc, and when you are getting closer to retirement age, move your investments to safer options like bonds. Portfolio nu manage chesukovali according to your needs and expectations. 3) withdrawal appudu elagu tax kattali antunnaaaru...so adi epudu kadithe diff endi as I said above, your tax percentage will differ because your net annual income won't be same. 4) retirement ki munde manam theeskovalante entha fine padudddi... I'm not sure aboue complete withdrawal but I think you can take up to 50% of the balance as loan. Interesting thing is, the interest you pay to the loan goes back into your 401k account. It's like you are taking loan from your future self and paying interest to your future self. 5) manam employer maarinaaa mana 401k account alage untadaaa? yes} | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 3445 Registered: 03-2014 Posted From: 69.73.61.97 Rating: N/A |
Last several years average theesukunte, 401k meeda 10% minimum returns | ||
Sony Megastar Username: Sony Post Number: 25112 Registered: 12-2006 Posted From: 170.48.19.251 Rating: N/A |
TCS/CTS lanti vaalu manam entha contribution chesina they match only upto 3% Clients match full between 3 to 6% aa taravatha 50% of what you contribute and kinda ichina scenario lo if the employee is contributing 10% then only 3% ante mataku 401k lo pette kante Funds lo pettukovadam better | ||
Thelegend Moderator Username: Thelegend Post Number: 30310 Registered: 04-2008 Rating: N/A |
EMployer same veyyali ani rule ledhu. Some employers contribute 50% upto 6% or 8% of your contribution. Some do 25%, some do nothing. 10% ki 3% ante, may be 50% up to 6% avvochhu. or 100% upto 3% avochhu. Once the max is reached, they don't match, but, you can contribute more if you want | ||
Netra Megastar Username: Netra Post Number: 25208 Registered: 01-2008 Posted From: 69.53.232.116 Rating: N/A |
ekkaudindhii ee rule... sometimes i heard 6% ivvadam.. common thing vachhi 3% ee kadha 401K.. YSR AMAR RAHE | ||
Brighton Side Hero Username: Brighton Post Number: 2195 Registered: 05-2014 Posted From: 216.228.224.84 Rating: N/A |
in the act of God laa alanti vaatito manam em cheyyalem...  | ||
Thelegend Moderator Username: Thelegend Post Number: 30308 Registered: 04-2008 Rating: N/A |
1. EMployer contribution unnapudu, dont miss the opportunity, YES, do it. Why lose free money? 2. Market dhaman, mana money kooda dhamaal, That's why spread across multiple. You can play safe or aggresive. 3. Tax bracket ippude veru 60+ appudu veru, so tax wise kooda manchide mostly. 4. usually ~ 10% penalty. But, you can use college tuition, some kind of bills etc without penalty ?!? not sure detials 5. Yes, alaage untadi, you can move it and consolidate also | ||
True_indian Hero Username: True_indian Post Number: 11622 Registered: 01-2008 Posted From: 143.165.48.50 Rating: N/A |
401k is long term, its tax saving for long term and you dont have to pay any tax after 55 yrs age .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. | ||
Sachin Legend Username: Sachin Post Number: 39970 Registered: 04-2008 Posted From: 208.78.147.194 Rating: N/A |
recession type vasthe meeru mathram em sethaaaru | ||
Brighton Side Hero Username: Brighton Post Number: 2194 Registered: 05-2014 Posted From: 216.228.224.84 Rating: N/A |
evadoo fake untadu emplaoyer..nuvvu enta veste employer same veyyali.. adu rule...better to put 7% to get the best results... 2) lets say aa money stocks/bond lo ettaaru....market dhamal ante paristhithi endi? -- andukee maa company lanti manchi industry experts in analysts manage chese party ni chusukovali... 5) manam employer maarinaaa mana 401k account alage untadaaa? -- yes transfer facility undi ga | ||
Alochinchu Comedian Username: Alochinchu Post Number: 1555 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
simple logic 10% ki employer 3% istunaadu.. ante you have threshold of losing upto 25% to be safe.. | ||
Sachin Legend Username: Sachin Post Number: 39969 Registered: 04-2008 Posted From: 208.78.147.194 Rating: N/A |
ok. manam kontha % pre tax amount indulo vesthe ..employer kontha % varaku match chesthaaadu.....deenni evado third party vaaadu manage chesthaaadu like buying bonds etc.... manam 10% vesthe emoployer 3% match chestha ani anadanta friend ki 1) asalu avasaramaaa? deeni valla use endi? 2) lets say aa money stocks/bond lo ettaaru....market dhamal ante paristhithi endi? 3) withdrawal appudu elagu tax kattali antunnaaaru...so adi epudu kadithe diff endi 4) retirement ki munde manam theeskovalante entha fine padudddi... 5) manam employer maarinaaa mana 401k account alage untadaaa? |
