| Author | Message | ||
Gotcha Legend Username: Gotcha Post Number: 30542 Registered: 02-2008 Posted From: 96.87.93.22 Rating: N/A |
pros and cons unayi for 401k loan Pros No effect on ur credit score. Credit card meeda teesukubte whole worlds knows it and will affect ur score. Home kosam teesukubte u can pay it for 30 years so pmi kate badulu idi teesukubte u save on it Loan 4% or ento untundi and u pay loan to urself i mean to ur account ... | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6396 Registered: 03-2014 Posted From: 69.73.85.161 Rating: N/A |
gotcha: #1: interest on 401k loans are always ~1% more than the bank rates #2: you are replacing pre-tax dollars with after-tax dollars when you pay loan and interest. after you retire, you are paying taxes on that amount again.. double taxation #3: if you take loan from 401k, you are losing average 7% market gains on that amount. and many more reasons read this article in detail https://www.hullfinancialplanning.com/4-reasons-to-avoid-401 k-loans/amp/ | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 13363 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
Eppudu consultign cheyyaledu. So ippati varkau ee doubt raledu. Ee health insurance lo ayina HSA/PPO plans untayi , HSA plan theesukunte HSA lo money pettachu anukuntunna. kaada? Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Gotcha Legend Username: Gotcha Post Number: 30540 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
50% till 50k varaku home loan ki vadukovachu from his 401k kada. 18k + 18k 36k ee year pedite next year home ki 18K teesukovachu kada instead of not contributing to 401k he is saving taxes plus use that to buy house kada ... | ||
Moviebuff001 Side Hero Username: Moviebuff001 Post Number: 7974 Registered: 06-2013 Posted From: 165.225.34.171 Rating: N/A |
Sounds like he is a consultant. Consulting companies Health insurance options lo HSA/FSA option istunnara? Own ga konukkunta, aa options kooda untaya? | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6395 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> 401K lo 18k peteyi u can use that to buy home next year by taking home loan very bad suggestion | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 13362 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
Around 6K HSA lo pettachu. Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Gotcha Legend Username: Gotcha Post Number: 30539 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
i think he meant he paid 8k to IRS not taxes. okavela nijanga total taxes 8k ani complain chestante oka pai nunchi kindaki chuse icon vesukondi initiator ki. 8k taxes kuda katara govt ki, maa naayane. ... | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6394 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
Ways to reduce taxes 401K Traditional IRA Health Saving Account Flexible Spendings Account | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 6393 Registered: 03-2014 Posted From: 129.135.1.217 Rating: N/A |
>> Last year around 8K tax pay chesa I paid $23K federal taxes last year.  | ||
Gotcha Legend Username: Gotcha Post Number: 30538 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
chata baddanga or chatta vyatirekam ayina okna? 401K lo 18k peteyi u can use that to buy home next year by taking home loan tali tandrulani america pilichi itin apply cheseyi alaki, taruvata dependents ga chupochu. idi chatta vytarikem goodwill store lo battalu danam chesi oka $500-$1000 ada cheyi vyavasayam meeda nastam vaste adi kuda claim cheyochu(chatta vyatirekam) ... | ||
Swavas Junior Artist Username: Swavas Post Number: 854 Registered: 11-2014 Posted From: 161.150.112.70 Rating: N/A |
Thanks Bayya.. | ||
Moviebuff001 Side Hero Username: Moviebuff001 Post Number: 7970 Registered: 06-2013 Posted From: 165.225.34.171 Rating: N/A |
https://money.usnews.com/money/retirement/articles/2015/04/2 7/how-to-save-for-retirement-without-a-401-k | ||
Andhrawala Legend Username: Andhrawala Post Number: 69459 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
You can put 5500 and ur spouse can put 5500 in IRA. So 11000 meedha approximately 20% anukunna 20% tax save avvudhi talk with finalysis.net maa ooraayanaa. doing taxes with him for last 10 years No Signature | ||
Swavas Junior Artist Username: Swavas Post Number: 853 Registered: 11-2014 Posted From: 161.150.112.70 Rating: N/A |
Hello, Last year around 8K tax pay chesa as I dont know tax saving methods here..ma vadu 401K ivvadu..Home mortgage anth scene ledu..any suggestions for tax saving..working couple with no dependents..HR block vadi tho appointment best ha..lekunte any other TAX services who can help me.. |