| Author | Message | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 6215 Registered: 06-2012 Posted From: 124.123.176.26 Rating: N/A |
Nuvvu 5-6 years undi India velli,if you stay in India for more than 182 days, you will become a tax resident of India. this amount will become other income for you in India. 30% kattali(India+US taxes kalipi). On top of it, you will pay 10% penality in US. Kaani koncham plan chesukunte, you can avoid a bit. My suggestion is to invest in 401k and don't withdraw. | ||
Uppu Side Hero Username: Uppu Post Number: 9410 Registered: 11-2007 Posted From: 71.202.65.120 Rating: N/A |
yes there are option , One my friend left for India and he told me. | ||
Happydays Side Hero Username: Happydays Post Number: 3735 Registered: 02-2015 Posted From: 73.206.238.181 Rating: N/A |
  Chiru,Veturi,SPB,Ilayaraja,Jandhyala,Vamsi,K Viswanath,Sachin | ||
Awesomedber Junior Artist Username: Awesomedber Post Number: 169 Registered: 04-2015 Posted From: 67.170.72.34 Rating: N/A |
Thanks for the link!! chaala technical gaa undi but I think this will answer all my questions | ||
Bithiri_bathi Junior Artist Username: Bithiri_bathi Post Number: 291 Registered: 04-2016 Posted From: 73.223.147.187 Rating: N/A |
http://www.r2iclubforums.com/forums/showthread.php/24497-Alr eady-Returned-to-India-how-to-get-401k-money-back-with-least -losses | ||
Awesomedber Junior Artist Username: Awesomedber Post Number: 168 Registered: 04-2015 Posted From: 67.170.72.34 Rating: N/A |
Thanks!!! Intervals lo withdraw chesey chance untundaa? Alaa I they adey pre-tax ee best emo.Just 10% extra ta avutu do.. Idedo baaney undi | ||
Uppu Side Hero Username: Uppu Post Number: 9408 Registered: 11-2007 Posted From: 71.202.65.120 Rating: N/A |
just take it. if you take before retirement age. You pay 10% penalty + tax . Tax you have to pay even when you retire. Only loss is 10%, but you are gaining 40% contribution from company. Because of 401k contribution your taxable income will be low. You will pay low taxes. if you go back to india also, if you withdraw around $10000 every year , you will pay only 10% penalty, you may not need to pay tax(you need to confirm with tax consultent ) | ||
Hadoop Side Hero Username: Hadoop Post Number: 3890 Registered: 12-2014 Posted From: 68.170.19.24 Rating: N/A |
idi ayye pani kaadule...ee db lo 99.99% us joureny same thoughts tho stat ayyi...ipudu decades ayina no return | ||
Xxx Hero Username: Xxx Post Number: 11678 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
roth .. - | ||
Andhrawala Legend Username: Andhrawala Post Number: 53660 Registered: 03-2008 Posted From: 98.122.144.155 Rating: N/A |
Vunnaaru u will withdraw the money the year after u leave India for good. since u dont have income then say u withdraw 40K it will be pretty much tax free as 40K is the only annualcome and after SD and exemption it will be bare minimum tax No Signature | ||
King Side Hero Username: King Post Number: 2307 Registered: 08-2013 Posted From: 104.57.181.67 Rating: N/A |
same old story.. my advice, buy home, start saving 401k , kids education and ,ost important file GC and dont send money to India.. hamayya. hope some one told me this, I wasted 10 years of my money | ||
Jalsa Legend Username: Jalsa Post Number: 35287 Registered: 02-2008 Posted From: 24.186.109.17 Rating: N/A |
inkokaru GC ki competition...chass...anyway, welcome!  | ||
Awesomedber Junior Artist Username: Awesomedber Post Number: 167 Registered: 04-2015 Posted From: 131.107.160.235 Rating: N/A |
Ee madhyaney US ki move ayyanu.. 5-6 years lo India ki tirigi velli povali anedi current plan  My company is contributing 50% of my 401k contribution. So as of if I now I chose the default option which pretax contribution. But nenu observe chesindi entantey 401k withdrawal mana PF rules laa levu ..55 years kantey mundu teestey almost 40% cut ayyela undi  Inkaa edo Roth contribution ani undi which is post tax and My company will contribute its amount for that plan too. Koddiga gooogle sestey 5 years taruvaata teestey pedda extra-tax padelaa ledu.. Roth edo naaku set ayyela anipistundi But Nenu adigina vallandaru pre-tax contribution valley. Evarinaa ee plan lo invest chesina vallu unnaraa? India ki move ayyi ee 401k withdraw chesina vallu evarinaa unnara? |