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Biggboss
Side Hero Username: Biggboss
Post Number: 2615 Registered: 08-2017 Posted From: 45.62.177.6
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 25, 2017 - 07:19 pm: |
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Rocketk2: continued to warn against tampering with 401(k)s.
It will be interesting to see how the stock market performs after you get rid of the 401k and ecourage everyone to do Roth 401k most of the Target year funds anni domestic stocks lo invest chesthayi...naa laanti vaadu contributing to 401k only to reduce my tax burden...ilanti middle class entha mandhi undochu US lo |
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Rocketk2
Side Hero Username: Rocketk2
Post Number: 4848 Registered: 03-2014 Posted From: 166.137.252.35
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, October 25, 2017 - 07:00 pm: |
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First part makes sense.. second part ardham enti?? How can he negotiate after saying this?!! When you say 401k is not on table, why would anyone even negotiate..!!!? Is it on table or not?? http://www.politico.com/story/2017/10/25/state-local-tax-ded uction-kevin-brady-244149 Trump, who blasted out his tweet on Monday after news reports about the issue, continued to warn against tampering with 401(k)s. "I wanted to end that quickly," he told reporters Wednesday. "401(k)s, to me, are very important, and they're important because that's one of the great benefits to the middle class. I didn't want that to go too far. That's why I ended it very quickly." Asked about Brady's comments that the issue could still be on the table, Trump said: "Well, maybe it is, and maybe we'll use it as negotiating. But trust me. That's one of the great things. You know, there are certain elements of deals you don't wanna negotiate with. 401(k)s - and Kevin knows it, and I think Kevin Brady is fantastic, but he knows how important 401(k)s are." |
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Aggipidugu116
Side Hero Username: Aggipidugu116
Post Number: 3768 Registered: 07-2014 Posted From: 71.179.107.214
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, October 24, 2017 - 10:11 pm: |
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Final ga emi telcheru? |
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Fargo
Hero Username: Fargo
Post Number: 14011 Registered: 04-2012 Posted From: 205.167.198.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, October 24, 2017 - 04:12 pm: |
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Rgb:Trump cheppaduga no changes
aaadu atta septhene froblem...shitkelladam ayipoyaka marchestaadu decision |
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Cheenu
Junior Artist Username: Cheenu
Post Number: 34 Registered: 05-2016 Posted From: 174.228.131.16
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, October 24, 2017 - 10:45 am: |
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Bullabbai:
Thank you Bhaiyya |
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Bullabbai
Junior Artist Username: Bullabbai
Post Number: 477 Registered: 09-2013 Posted From: 98.114.9.41
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, October 24, 2017 - 09:40 am: |
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Cheenu:
If you are not in need of money, you can leave and let it grow OR withdraw some part every year to avoid paying income tax.. say 10K every year... you have to pay 1K (10%) as penalty. And no income tax as its below the taxable bracket. This should be your strategy. |
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Cheenu
Junior Artist Username: Cheenu
Post Number: 33 Registered: 05-2016 Posted From: 174.228.131.16
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, October 24, 2017 - 09:25 am: |
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Question: I am planning to leave to India. Is it advisable to with draw my IRA amount or should just keep here and let it grow, It’s a regular IRA btw |
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Alochinchu
Side Hero Username: Alochinchu
Post Number: 2160 Registered: 03-2008 Posted From: 65.51.27.4
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, October 24, 2017 - 09:08 am: |
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Rgb:you cannot contribute a employee. But employer can contribute so that total is $54K. This works if you register a corporation
Compensation limit for contributions Remember that annual contributions to all of your accounts - this includes elective deferrals, employee contributions, employer matching and discretionary contributions and allocations of forfeitures to your accounts - may not exceed the lesser of 100% of your compensation or $55,000 for 2018 ($54,000 for 2017). In addition, the amount of your compensation that can be taken into account when determining employer and employee contributions is limited. The compensation limitation is $275,000 in 2018 ($270,000 in 2017). |
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Rgb
Side Hero Username: Rgb
Post Number: 4774 Registered: 06-2014 Posted From: 96.234.43.94
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 08:39 pm: |
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Alochinchu:you can contribute 401K After Tax beyond $18K upto $54K.
you cannot contribute a employee. But employer can contribute so that total is $54K. This works if you register a corporation |
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Ysr2009
Side Hero Username: Ysr2009
Post Number: 5036 Registered: 03-2014 Posted From: 129.135.0.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 04:14 pm: |
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>> you can contribute 401K After Tax beyond $18K upto $54K
 |
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Ysr2009
Side Hero Username: Ysr2009
Post Number: 5035 Registered: 03-2014 Posted From: 129.135.0.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 04:09 pm: |
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>> Wrong...all pre tax This year I am contributing 6% of salary towards Pre-Tax 401K ( 18K - 6% ) into ROTH 401K ( Post-Tax ) |
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Alochinchu
Side Hero Username: Alochinchu
Post Number: 2159 Registered: 03-2008 Posted From: 65.51.27.4
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 02:09 pm: |
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Ysr2009:$18000 = total of PRE-TAX and POST-TAX.
not exactly.. 401K Pre-Tax + Roth 401 After Tax = $18000.. you can contribute 401K After Tax beyond $18K upto $54K. |
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Last_avataar
Side Hero Username: Last_avataar
Post Number: 9728 Registered: 09-2012 Posted From: 12.10.219.225
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 02:00 pm: |
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Xxx:
Yes there is no compulsion in 18k for post-tax Entire 18k can be pre-tax when we have combined filing Asalu Post Tax 401 contribution tax bracket loki enduku vostundi...? |
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Amaravathi
Hero Username: Amaravathi
Post Number: 14782 Registered: 04-2015 Posted From: 208.68.150.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 02:00 pm: |
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Xxx:what wrong you can put it in Roth kaada ?
Raja chimpul logic... if u can contribute 18K Pre-tax into 401K, why do u wanna do some of that as post-tax? Dharmam gelavani Chota... Tappadhu Kathula veta ... thappu oppedho.. samharam tarvatha !! |
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Xxx
Hero Username: Xxx
Post Number: 14927 Registered: 04-2009 Posted From: 149.168.132.16
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:55 pm: |
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Amaravathi:Wrong...all pre tax
what wrong you can put it in Roth kaada ? - |
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Amaravathi
Hero Username: Amaravathi
Post Number: 14775 Registered: 04-2015 Posted From: 208.68.150.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:49 pm: |
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Ysr2009:NO $18000 = total of PRE-TAX and POST-TAX.
Wrong...all pre tax Dharmam gelavani Chota... Tappadhu Kathula veta ... thappu oppedho.. samharam tarvatha !! |
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Jai_ycp
Hero Username: Jai_ycp
Post Number: 10998 Registered: 04-2015 Posted From: 100.36.224.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:48 pm: |
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Ysr2009:$18000 = total of PRE-TAX and POST-TAX.
yes lietrally. But you cna 18K pre-tax and 0 post tax too. thats what people are referring the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu |
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Manthri
Comedian Username: Manthri
Post Number: 1743 Registered: 02-2013 Posted From: 157.130.175.102
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:47 pm: |
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Ysr2009:$18000 = total of PRE-TAX and POST-TAX.
Post tax : $5.5 k for you and spouse (Total income less than $196k for both or less than $156k for single income) Pre-tax : $18K in 2017 |
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Ysr2009
Side Hero Username: Ysr2009
Post Number: 5034 Registered: 03-2014 Posted From: 129.135.0.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:41 pm: |
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>> ippudu vunna 18K is completely Pre-tax kadha? NO $18000 = total of PRE-TAX and POST-TAX. |
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Ysr2009
Side Hero Username: Ysr2009
Post Number: 5033 Registered: 03-2014 Posted From: 129.135.0.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:36 pm: |
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>> daanni 2.4K ki reduce chestunnara? I don't think they are doing it. But there was a plan to do it ( to increase the tax revenue ). |
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Amaravathi
Hero Username: Amaravathi
Post Number: 14770 Registered: 04-2015 Posted From: 208.68.150.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:35 pm: |
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Ysr2009:Total 401K contribution remains the same ( $18,500 for 2018 ) $2,400 limit for PRE-TAX contributions Remaining ROTH contributions are post-tax 401K contributions = PRE-TAX + ROTH
ippudu vunna 18K is completely Pre-tax kadha? daanni 2.4K ki reduce chestunnara? Dharmam gelavani Chota... Tappadhu Kathula veta ... thappu oppedho.. samharam tarvatha !! |
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Ysr2009
Side Hero Username: Ysr2009
Post Number: 5032 Registered: 03-2014 Posted From: 129.135.0.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:33 pm: |
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Total 401K contribution remains the same ( $18,500 for 2018 ) $2,400 limit for PRE-TAX contributions Remaining ROTH contributions are post-tax 401K contributions = PRE-TAX + ROTH |
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Rgb
Side Hero Username: Rgb
Post Number: 4766 Registered: 06-2014 Posted From: 162.115.236.102
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:31 pm: |
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Trump cheppaduga no changes  |
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Jalsa
Legend Username: Jalsa
Post Number: 35953 Registered: 02-2008 Posted From: 159.53.46.140
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:23 pm: |
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Biggboss:"Currently, people can generally make contributions of up to $18,000 annually before taxes. But lobbyists had heard that congressional Republicans were weighing lowering the cap to $2,400."
2400 p/a for 40 years antey $96K. mari retirement taruvatha full cost govt bear chestundha? |
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Biggboss
Side Hero Username: Biggboss
Post Number: 2605 Registered: 08-2017 Posted From: 173.247.200.98
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, October 23, 2017 - 01:18 pm: |
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enti idhi Republicans 401k contribution tagginchela unnaru "Currently, people can generally make contributions of up to $18,000 annually before taxes. But lobbyists had heard that congressional Republicans were weighing lowering the cap to $2,400." Trump also tweeted today that there won't be any changes to 401k contribution...deeni amma ee 401k teesthey yearly oka 15-20k taxes bokka... |