| Author | Message | ||
Saarang Hero Username: Saarang Post Number: 17270 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
You can put it in traditional IRA and roll over to Roth IRA immediately. | ||
Saarang Hero Username: Saarang Post Number: 17269 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
After tax money ayithe invest cheyyochu upto 5500 per year even if you have 401-k. | ||
Saarang Hero Username: Saarang Post Number: 17268 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
Taxes are assessed only when you take out the money and its treated as ordinary income when you take it out. Oka age vacche daaka there are restriotions on taking money out. After tax contribution to Roth ira chesthe no taxes on gains. | ||
Andhrawala Legend Username: Andhrawala Post Number: 66643 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
no taxes now. That portfolio will grow. alaane loss vachinaa u cant get tax benefit all accounted after retirement only No Signature | ||
Fargo Hero Username: Fargo Post Number: 14403 Registered: 04-2012 Posted From: 205.167.198.122 Rating: N/A |
Thanks brothers. dantlo dabbulatho share lu koni ammithe aa profit/loss dantlo ne ga. Will that be taxed? | ||
Andhrawala Legend Username: Andhrawala Post Number: 66639 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
I understand that. But YSR dude thinks anyone can invest in traditional IRA . I clarified that peopel without 401K only can contribute to traditional ira No Signature | ||
Xxx Hero Username: Xxx Post Number: 15578 Registered: 04-2009 Posted From: 24.74.65.205 Rating: N/A |
You can contribute to ROTH IRA also , without employer 401k - | ||
Xxx Hero Username: Xxx Post Number: 15577 Registered: 04-2009 Posted From: 24.74.65.205 Rating: N/A |
https://www.fidelity.com/retirement-ira/contribution-limits- deadlines I don't know if there is no limit if you have office 401k , but based on link above ≥ $119,000 ≥ $121,000 No deduction Why would any family with greater than 119k income will contribute when there is no tax deduction? You need to put in ROTH IRA , because the money is taxed and it will tax free at the retriment - | ||
Xxx Hero Username: Xxx Post Number: 15576 Registered: 04-2009 Posted From: 24.74.65.205 Rating: N/A |
FXSIX , one of the lowest cost Index fund , If you want international try DODFX - | ||
Andhrawala Legend Username: Andhrawala Post Number: 66638 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
When you change jobs, you take money from odl 401K and open rolloever IRA. This is called qualified withdrawl and doesnt have any penalty. Profits will not be taxed until u withdraw the money and put in ur bank account or move it to regular broking account
You can do Traditional IRA only if you dont contribute through your employer 401K has higher limits. U and ur spouse together can contribute upto 360000 per year (around 18K per year) No Signature | ||
Guess Junior Artist Username: Guess Post Number: 190 Registered: 04-2012 Posted From: 107.77.76.54 Rating: N/A |
Can you suggest any fund or ETF in fidelity?? I am a total novoice and have no clue | ||
Guess Junior Artist Username: Guess Post Number: 189 Registered: 04-2012 Posted From: 107.77.76.54 Rating: N/A |
Both of you are right.. there are income limitations for tax deductions, but if you do not have employer plan then there are no limitations.. this is my understanding please correct me if I am Wrong | ||
Xxx Hero Username: Xxx Post Number: 15574 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
Mutual funds, Vanguard has everything - | ||
Moviebuff001 Side Hero Username: Moviebuff001 Post Number: 5900 Registered: 06-2013 Posted From: 165.225.34.171 Rating: N/A |
Fidelity lo manchi options unnai. Vanguard Target date funds are usually well mixed. Relatively low returns. | ||
Xxx Hero Username: Xxx Post Number: 15573 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
https://www.fidelity.com/retirement-ira/contribution-limits- deadlines check that , no deduction , means you will not get any tax benefits after certain limit , - | ||
Xxx Hero Username: Xxx Post Number: 15572 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
Your total money will be moved to different book keeper , nothing will change. - | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 5251 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
XX bhayya: Don't know what you are arguing. Tradition IRA has no income limits. Even AW annai, whose annual income is $500K can contribute Traditional IRA ( $5500 annual contribution ). But, he can not contribute Roth IRA ( family income > $190K is not eligible fo Roth IRA ) Nenu jump | ||
Bumper Hero Username: Bumper Post Number: 12932 Registered: 07-2014 Posted From: 104.129.194.85 Rating: N/A |
same doubt nakudaa. there is no penality for first time home buyers ani cahdivaaa. so is it really adavatange or not ani telidhuu Maa blood veru , maa breed veruuu | ||
Fargo Hero Username: Fargo Post Number: 14401 Registered: 04-2012 Posted From: 205.167.198.122 Rating: N/A |
rollover ira ante? what happens to the profit we make by investing in stcks in rollover ira | ||
Bumper Hero Username: Bumper Post Number: 12931 Registered: 07-2014 Posted From: 104.129.194.85 Rating: N/A |
IRA 5 year tarvtha motham with draw chyochaa saying i am buying home. i know i can get up to 1000$ irs return if i put 5000$ using IRA account. Maa blood veru , maa breed veruuu | ||
Xxx Hero Username: Xxx Post Number: 15571 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
https://www.fidelity.com/retirement-ira/contribution-limits- deadlines - | ||
Xxx Hero Username: Xxx Post Number: 15570 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
You will not able to put in Roth also , if you are in creamy layer + 200k or more something , nenu mango kanaka nothing to worry - | ||
Xxx Hero Username: Xxx Post Number: 15569 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
Roth after tax sir , you put in and that what my tax software said too - | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 5250 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> Check your income , you may not qualify for it , only option will be roth Quite Opposite. Traditional IRA contributions are not limited by annual income. Roth IRA has income limit  | ||
Xxx Hero Username: Xxx Post Number: 15566 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
Camry or Accord ? Vanguard is cheapest , Fidelity claims they are better in terms of cost also. Fidelity allows you to buy individual stocks or options Vanguard only mutual funds or ETF - | ||
Xxx Hero Username: Xxx Post Number: 15565 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
Check your income , you may not qualify for it , only option will be roth - | ||
Guess Junior Artist Username: Guess Post Number: 188 Registered: 04-2012 Posted From: 146.127.253.45 Rating: N/A |
Thank you.. i am just confused between vanguard and Fidelity | ||
Andhrawala Legend Username: Andhrawala Post Number: 66637 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Go for Target Retirement funds for ur age No Signature | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 5249 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
Guess: With traditional IRA, you have lot of options to choose from. You can chose almost any stock you want to buy. First time home buyers can take $10K IRA money without any penalty. Anything above $10K incurs 10% penalty and taxes. | ||
Guess Junior Artist Username: Guess Post Number: 187 Registered: 04-2012 Posted From: 146.127.253.45 Rating: N/A |
Suggest any ETF from vanguard? Also if we take the amount out of IRA account for first time home buying, does it get to penalty of 10%. (or i can take the money out with out penalty and use it for home buying?) | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 5248 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
nothing special. create an IRA account in fidelity/vanguard and pick the ETFs. | ||
Guess Junior Artist Username: Guess Post Number: 186 Registered: 04-2012 Posted From: 146.127.253.12 Rating: N/A |
Any advice on what to choose for traditional ira, i do not have company sponsored retirement plan. planning on going for traditional ira as i have time till April 2018 to be considered for 2017 tax returns. any one has experience with traditional ira's? |