Topics | Search Log Out | Register | Edit Profile
Hide Clipart | Banned/Unbanned User Log | Moderator Login History | Thread Delete/Move Log | Last 30 mins | 1 | 2
Friday thread - 401K Average balance...

Chalanachithram.com DB » New TF Industry Related » Archive through September 08, 2019 » Friday thread - 401K Average balances by age « Previous Next »
Author Message
 

Manishi
Junior Artist
Username: Manishi

Post Number: 148
Registered: 03-2019
Posted From: 69.181.6.236

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:38 pm:       


Fargo:

yes waste avvadu. oka 50% taxes and penalties lo samarpichukovali. That is BOKKA

10% penalty + Federal tax + State Tax




Agreed. But you should see 401K as retirement income, which it is by definition.
That means there should not be any plans to withdraw early. We cannot assume that we die early :-) what if you live for 90 years. So in such scenarios, life insurance comes into picture. Basically take life insurance and contribute to 401k. If you die early, your depends will get insurance immediately and 401K later.
 

Tadi_mattayya
Junior Artist
Username: Tadi_mattayya

Post Number: 756
Registered: 02-2017
Posted From: 64.128.22.8

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:34 pm:       


Hero:

any where between 7 to 10 million leni vallu



 

Speaker
Side Hero
Username: Speaker

Post Number: 8114
Registered: 01-2019
Posted From: 192.197.178.2

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:29 pm:       


Mahiz:




aunehaa...monnneee madyane pelchaaru eee vaartha ni...eppati nuncho...aallake ani chebutunnaaru...but mundocchina chevula kanna...venakocchina kommulu ekkuva ani oooorike analedu gaaa...

whatever...just trying to safeguard all the stuff...anthe...

okarakanga trust lo ettesthe...naayaldi...konchem jagrattha gaa aalla pani aaallu chesukuntaaru kooda...
Inform, Amuse, Confuse, Evoke..
 

Fargo
Hero
Username: Fargo

Post Number: 15928
Registered: 04-2012
Posted From: 205.167.199.122

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:27 pm:       


Saarang:

India velli poyi retirement time lo no income other than 401k income plan ayithe...401k might be better as you will save more on tax now


India ellipothe no more working ika. Chesinaa eee jeethalu raavu ga. Tax bracket takkuva vuntadi
 

Saarang
Hero
Username: Saarang

Post Number: 19022
Registered: 06-2012
Posted From: 76.184.128.33

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:25 pm:       


Fargo:

mari oka 5 to 10 yrs lo manam work seyyadam manesi India poyam anuko, appudu etta work avuddi Roth or 401k (Taxes param ga)




roth is very clear no further taxes...401k ayithe withdraw chesina year lo income basis meedha tax kattali...India velli poyi retirement time lo no income other than 401k income plan ayithe...401k might be better as you will save more on tax now compared to what you would potentially pay during retirement.
 

Fargo
Hero
Username: Fargo

Post Number: 15927
Registered: 04-2012
Posted From: 205.167.199.122

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:24 pm:       

endo ee desam...antha maayaa
 

Mahiz
Side Hero
Username: Mahiz

Post Number: 3920
Registered: 10-2012
Posted From: 165.225.35.5

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:23 pm:       


Speaker:

naaku raaadanta...naaku raakapothe...naa kodukulakayyina..evvadiki raaakoodadu..


 

Saarang
Hero
Username: Saarang

Post Number: 19021
Registered: 06-2012
Posted From: 76.184.128.33

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:21 pm:       


Fargo:

Roth lo evulaina contribute seyochaa?




inka full ga study cheyyaledhu...may be easeier to brokerage and ask but i think as long as employer gives the option...yes upto 19k+employer match per year.

Mana self contribution ki income limit unutndhi...if we are over it (most white collar employees will be over)...then we cannot. Appudu oka commedy step cheyyali...we can put it in 401k and immediately convert it into roth.
 

Fargo
Hero
Username: Fargo

Post Number: 15926
Registered: 04-2012
Posted From: 205.167.199.122

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:19 pm:       


Saarang:


mari oka 5 to 10 yrs lo manam work seyyadam manesi India poyam anuko, appudu etta work avuddi Roth or 401k (Taxes param ga)
 

Saarang
Hero
Username: Saarang

Post Number: 19020
Registered: 06-2012
Posted From: 76.184.128.33

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:17 pm:       


Naaistam:


some employers offer a choice between 401k and roth 401k for matching...nenu miss ayyanu anedhi not taking the roth 401k option.

eppudanna 1 or 2 years break teesukunte thinking of converting the 401k into roth.
 

Fargo
Hero
Username: Fargo

Post Number: 15925
Registered: 04-2012
Posted From: 205.167.199.122

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:16 pm:       


Saarang:


Roth lo evulaina contribute seyochaa?
 

Fargo
Hero
Username: Fargo

Post Number: 15924
Registered: 04-2012
Posted From: 205.167.199.122

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:15 pm:       

The most likely scenario is that you will need to take the money out of the account in one fell swoop, called a lump-sum distribution. "Most plans will decide automatically to kick out the money," says Cindy McCabe, Senior Manager in Employee Benefits Tax Services at Deloitte and Touche in San Francisco. "They do this for administrative reasons," so they don't have to use resources to keep track of the account of an employee who is no longer there.

The lump sum you receive will be subject to local, state and federal income tax. However, you will not have to pay the 10% early withdrawal tax even if you and/or the deceased person are under 59 ½ (the age at which account holders are allowed to start withdrawing money from their accounts without a penalty).

If you are the spouse, you are allowed to roll the money over into an IRA. This way, you can avoid paying taxes until you make withdrawals from your IRA. You should consider a direct rollover, asking the plan sponsor (employer) to transfer the money directly to the financial institution that houses your IRA. If you receive the check yourself, things become more complicated because the employer will have to withhold 20% for the IRS, and you will have to remember to deposit the check in your IRA within 60 days, otherwise the whole amount will be taxed.
 

Saarang
Hero
Username: Saarang

Post Number: 19019
Registered: 06-2012
Posted From: 76.184.128.33

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:14 pm:       


Naaistam:

401k company match varaku chestunna annai..daani meeda extra cheyyatam valla use ento ardamkaaledu and also roth 401k...koddiga r&d cheyyali...inka naaki i140 kooda raaledu...may be too early for me to make any investments in usa




ivestments ani kaadhu...401k lo ippudu tax kattam...in future when we withdraw tax kadataamu...roth 401k lo ippude kadtaamu no more tax in future.

The 2 big variables are:
1) What will be our income in retirement years?
2) What will be the tax rate then?

For #1) Mana 401k investments bumper hit ayithe over next 20-25 years...those gains will also be taxable...roth lo ayithe they wont be taxable. May be our regualr income will decrease at that time.
2) I think Tax rate will keep going up....so better to lock it up now.

So...ee rakamga roth 401-k is better. Self contribution kooda cheyyochu to roth 401k every year.
 

Fargo
Hero
Username: Fargo

Post Number: 15923
Registered: 04-2012
Posted From: 205.167.199.122

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:13 pm:       


Manishi:

No, 10% if withdrawn before 60. But 10% is less right ? assuming your 401K investments had growth over the years. Anyway point is that 401K money will not go waste.


yes waste avvadu. oka 50% taxes and penalties lo samarpichukovali. That is BOKKA

10% penalty + Federal tax + State Tax
 

Manishi
Junior Artist
Username: Manishi

Post Number: 146
Registered: 03-2019
Posted From: 69.181.6.236

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:10 pm:       


Fargo:

without emo. with antee bokke gaa




No, 10% if withdrawn before 60. But 10% is less right ? assuming your 401K investments had growth over the years. Anyway point is that 401K money will not go waste.
 

Fargo
Hero
Username: Fargo

Post Number: 15921
Registered: 04-2012
Posted From: 205.167.199.122

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:07 pm:       


Manishi:

401K they can withdraw immediately with 10% penality. I need to cross check though.


without emo. with antee bokke gaa
 

Manishi
Junior Artist
Username: Manishi

Post Number: 145
Registered: 03-2019
Posted From: 69.181.6.236

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:04 pm:       


Fargo:

I was told they would have to wait until they are 60




I believe that is for social security. 401K they can withdraw immediately with 10% penality. I need to cross check though.
 

Fargo
Hero
Username: Fargo

Post Number: 15920
Registered: 04-2012
Posted From: 205.167.199.122

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 12:00 pm:       


Manishi:

Your wife or kids will get that. In fact even better, they can get money immediately


I was told they would have to wait until they are 60
 

Redbull
Side Hero
Username: Redbull

Post Number: 6803
Registered: 03-2009
Posted From: 195.43.48.142

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:59 am:       


Frasier:

UK lo only 25% of pension savings is non-taxable, 75% ki malli tax deduct chesthaaranta




yes once u reach 55 u can draw down ur 25% of SIPP with out interest.
remaining, if you draw tax free allowance every year now ~12k per annum..that is not taxable.

if u want to draw every year more than tax free allowance amount, only that is taxable
 

Manishi
Junior Artist
Username: Manishi

Post Number: 144
Registered: 03-2019
Posted From: 69.181.6.236

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:58 am:       


Fargo:

60 lopu pothee?




Andhuke nominees vuntaru kadha. Your wife or kids will get that. In fact even better, they can get money immediately :-)
 

Fargo
Hero
Username: Fargo

Post Number: 15919
Registered: 04-2012
Posted From: 205.167.199.122

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:57 am:       


Manishi:

Please save in 401k. I believe at the end (after kids education, marriages etc) that is the only money you will have. Remember even bankruptcy filing cannot touch that money. So save in 401k.


60 lopu pothee?
 

Naaistam
Side Hero
Username: Naaistam

Post Number: 2143
Registered: 03-2014
Posted From: 12.154.151.84

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:56 am:       


Saarang:

nenu kooda idhe cheyyali...half knowledged baddhakam tho did not do it all these years


401k company match varaku chestunna annai..daani meeda extra cheyyatam valla use ento ardamkaaledu and also roth 401k...koddiga r&d cheyyali...inka naaki i140 kooda raaledu...may be too early for me to make any investments in usa
- Stalker - 'S'traight talker
- Speak the truth, even if your voice shakes
- Nag fan and Janasena party supporter
 

Manishi
Junior Artist
Username: Manishi

Post Number: 143
Registered: 03-2019
Posted From: 69.181.6.236

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:52 am:       

Please save in 401k. I believe at the end (after kids education, marriages etc) that is the only money you will have. Remember even bankruptcy filing cannot touch that money. So save in 401k.
 

Saarang
Hero
Username: Saarang

Post Number: 19018
Registered: 06-2012
Posted From: 76.184.128.33

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:47 am:       


Naaistam:

Ramjirao:
Roth401K ante if u make more than 300 or 400K
ayuthe ee janma ki naanu eligible kaadu lite






roth 401k is a good option...correct ga lekkesukuni digeseyi

nenu kooda idhe cheyyali...half knowledged baddhakam tho did not do it all these years
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5851
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:44 am:       

//2019 limit $19000 kada


Idhi 401K ki nenu cheppindhi IRA is 6000 per head if 401K not available
 

Speaker
Side Hero
Username: Speaker

Post Number: 8110
Registered: 01-2019
Posted From: 192.197.178.2

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:40 am:       


Hero:

nuvve elli 401k money anta amalapuram...anatapur lo pettadam endi




sunaa hogaanaa...naseeb gaand maaretho..khuda bhi kuch na kar sakhe...ante ide....
Inform, Amuse, Confuse, Evoke..
 

Saarang
Hero
Username: Saarang

Post Number: 19017
Registered: 06-2012
Posted From: 76.184.128.33

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:40 am:       


Mental_sachinodu:

or me median is a better indicator.. although not every one agrees ...




andulo no doubt...Median is a much better metric. i have rarely seen a good use case for using average in any field. Avg*N = Sum ischool lekkaki tappinchi almost no use.
 

Hero
Hero
Username: Hero

Post Number: 14385
Registered: 09-2009
Posted From: 38.101.193.194

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:39 am:       


Speaker:

aa anantapur lo lands...avi konataaniki...401k anthaaa kaaali chesaaa...eti sedddaaari seppu...




emi planning sami...$ value is going up every year....kids US citizens... nuvve elli 401k money anta amalapuram...anatapur lo pettadam endi...
 

Rediff
Comedian
Username: Rediff

Post Number: 1452
Registered: 12-2006
Posted From: 204.64.147.248

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:37 am:       


RamjiRao:

You can do IRA as u don't have 401K. you can do 6000 per year




hmm .. emo mari Last year TaxAct vaadu nannu allow cheyanivvaledu contribute cheyadaniki ..

will check
 

Chantichanti
Side Hero
Username: Chantichanti

Post Number: 2785
Registered: 08-2008
Posted From: 205.204.186.15

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:36 am:       


Ramjirao:

If ur wife doesn't work then u can do 12000 an year




2019 limit $19000 kada
 

Speaker
Side Hero
Username: Speaker

Post Number: 8109
Registered: 01-2019
Posted From: 192.197.178.2

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:31 am:       


Naaistam:

oka ekaram teeseyi that is all it needs





naa kashtaarjitham unnaayi...plots...vaatini ammi sadivinchaalsi raavocchu kids ni...
pappu bellaaniki ammukuntaa pothe...at the real time of need...eti migaladu..
anduke...holding all my cards close to the chest...

migataavi trust lo paadesthe...happiesuuuuuuuuuuu...
Inform, Amuse, Confuse, Evoke..
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5849
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:22 am:       

//.. wife started participating in 401K and because of that and my income limit � I could never contribute to IRA or can claim deduction ani edo chadivinatlu gurthu .. I think I need to talk to some cpa/planner emo

//

Wife cant contribute as she has 401K. she can put upto 17K per year

You can do IRA as u don't have 401K. you can do 6000 per year
 

Musafir
Side Hero
Username: Musafir

Post Number: 4661
Registered: 10-2018
Posted From: 165.225.34.160

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:17 am:       


Naaistam:

ayuthe ee janma ki naanu eligible kaadu lite



Anta kante ekkuva vaste eligible kaaaaaadu. Takkuva vaste eligible no...
 

Naaistam
Side Hero
Username: Naaistam

Post Number: 2141
Registered: 03-2014
Posted From: 12.154.151.82

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:16 am:       


Ramjirao:

Roth401K ante if u make more than 300 or 400K


ayuthe ee janma ki naanu eligible kaadu lite
- Stalker - 'S'traight talker
- Speak the truth, even if your voice shakes
- Nag fan and Janasena party supporter
 

Naaistam
Side Hero
Username: Naaistam

Post Number: 2139
Registered: 03-2014
Posted From: 12.154.151.84

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:15 am:       


Speaker:

toyota sequoia...


abbe corvette bagundi :D
oka ekaram teeseyi that is all it needs :D
- Stalker - 'S'traight talker
- Speak the truth, even if your voice shakes
- Nag fan and Janasena party supporter
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5843
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:14 am:       


Naaistam:

roth 401(k) valla advantages ento tagalettand





Roth401K ante if u make more than 300 or 400K

https://www.kiplinger.com/article/investing/T001-C000-S002-i nvest-in-a-roth-401k-if-you-can.html
 

Speaker
Side Hero
Username: Speaker

Post Number: 8108
Registered: 01-2019
Posted From: 192.197.178.2

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:13 am:       


Naaistam:

2020 corvette eppudu kontunnav buddodiki




toyota sequoia...year end ki thoyaali...deal osthe..
Inform, Amuse, Confuse, Evoke..
 

Naaistam
Side Hero
Username: Naaistam

Post Number: 2138
Registered: 03-2014
Posted From: 12.154.151.84

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:13 am:       


Speaker:


annai retri phone chesinattunnav miss ayya :D
2020 corvette eppudu kontunnav buddodiki :D
- Stalker - 'S'traight talker
- Speak the truth, even if your voice shakes
- Nag fan and Janasena party supporter
 

Speaker
Side Hero
Username: Speaker

Post Number: 8107
Registered: 01-2019
Posted From: 192.197.178.2

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:11 am:       


Ramjirao:

father haayam lo sampadinchinadhaaa




naaku ochinavi, as part of my share were from earnings of my Dad, as elder son...ee humber fitting untundi..taatha dwaara occhinavi...went to rest of my siblings..
Inform, Amuse, Confuse, Evoke..
 

Naaistam
Side Hero
Username: Naaistam

Post Number: 2137
Registered: 03-2014
Posted From: 12.154.151.84

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:10 am:       

roth 401(k) valla advantages ento tagalettandi :D
- Stalker - 'S'traight talker
- Speak the truth, even if your voice shakes
- Nag fan and Janasena party supporter
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5841
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:08 am:       

//naaa kashtaarjitham ayina plots unnaayi...vaarasatwanga occhevi...manavalla hakku ani already mother cheppesaaaru...daani ki anugunanga will, notarylu anni ayyipoyaayi already...

//


Varasathvam gaa ochindhi (mee thaatha asthi) aithee neeku osthundhi kathaa??


or mee father haayam lo sampadinchinadhaaa??
 

Speaker
Side Hero
Username: Speaker

Post Number: 8106
Registered: 01-2019
Posted From: 192.197.178.2

Rating: 
Votes: 1 (Vote!)

Posted on Friday, September 06, 2019 - 11:05 am:       


Hero:




aa anantapur lo lands...avi konataaniki...401k anthaaa kaaali chesaaa...eti sedddaaari seppu...

jaggad laa desam meeda dosukomantaaava eti????
Inform, Amuse, Confuse, Evoke..
 

Mamamiya786
Megastar
Username: Mamamiya786

Post Number: 26417
Registered: 06-2008
Posted From: 69.109.128.225

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:04 am:       

For a family 1 million either in 401k or other forms . is some what ok kada ...

Aa disaga adugulu veyali . .btw some of us have money in india too ... 1 mil ane 7 crores aithe chala mandiki vuntundi kada india lo .. so a

401k okkate measure kaadu.
Sensation(About Bala):He can win in atleast half of the segments in Rayalaseema. Emi matladutunnavo neeku telusa. He can contest any where in coastal and rayalaseema districts. I personally feel he should contest from Srikakulam dt.

Jagan|Modi|
 

Hero
Hero
Username: Hero

Post Number: 14384
Registered: 09-2009
Posted From: 38.101.193.194

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:04 am:       


Speaker:

401k - 0




 

Speaker
Side Hero
Username: Speaker

Post Number: 8105
Registered: 01-2019
Posted From: 192.197.178.2

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 11:02 am:       


Musafir:

TRON aa..




no, Tron kaadu...

lisk okkate gurthundi on top of my head....migataavi evo sachiniyyi......ayyevo kooda noru kooda tiragatledu iyyaala repu...
Inform, Amuse, Confuse, Evoke..
 

Speaker
Side Hero
Username: Speaker

Post Number: 8104
Registered: 01-2019
Posted From: 192.197.178.2

Rating: 
Votes: 1 (Vote!)

Posted on Friday, September 06, 2019 - 11:00 am:       


Ramjirao:




nee farri...rummy lo oka 2 acres gelichaaanu anthe...adi kooda undi Pa.Go lo...entha osthado telvadu..

naaa kashtaarjitham ayina plots unnaayi...vaarasatwanga occhevi...manavalla hakku ani already mother cheppesaaaru...daani ki anugunanga will, notarylu anni ayyipoyaayi already...

ethaaavaatha teledantante..neededo neede...needi kaanidi needi kaadu eppatiki..

one more idea i told my mom was, to put those heriditary lands in trust...so...naaku dakkanidi...naa sons ki kooda dakkadu...eppatiki adi alaa family lo undipothaaa undaali naayaldi...like ANR did...

so..working on trust...will take a bit of convincing...once done...naa kids kooda...they will have to earn on their own...nothing is free my dear...
worst case situation lo aaa trust will be either dissolved or trust properties will be sold...best case scenario...just enjoy the returns from the trust...

naaku raaadanta...naaku raakapothe...naa kodukulakayyina..evvadiki raaakoodadu..

ikikiki
Inform, Amuse, Confuse, Evoke..
 

Musafir
Side Hero
Username: Musafir

Post Number: 4657
Registered: 10-2018
Posted From: 165.225.34.160

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:57 am:       


Speaker:

LAST YEAR AA bit/crypto coins meeda oka 13k chillara pettaa....
avi ippudu about 200$ unnaayi...



TRON aa..
Adi tappa migatavi ento konta recover ayyayi.
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5838
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:55 am:       

//US cits ki 401k n house yee untaayi, manaki verevi kuuda untaayi ga



Speaker annai is US citizen kathaa


He got some lands in Krishna district which he earned from his mama gaaru when mama lost in Poker game
 

Speaker
Side Hero
Username: Speaker

Post Number: 8103
Registered: 01-2019
Posted From: 192.197.178.2

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:54 am:       


Mental_sachinodu:




early teens..the eldest is now 14..

vaadinkaa nannu pocket money aduguthunte...aadeppudu savings seyyaalivaay...??
Inform, Amuse, Confuse, Evoke..
 

Speaker
Side Hero
Username: Speaker

Post Number: 8102
Registered: 01-2019
Posted From: 192.197.178.2

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:53 am:       


Anthamidhya:

Non 401k investments entha




LAST YEAR AA bit/crypto coins meeda oka 13k chillara pettaa....
avi ippudu about 200$ unnaayi...

unde illu okati undi...daani meeda equity undi...

iha anthaki minchi, ee desam lo emi levu...
just barely surviving...hand-> mouth...
Inform, Amuse, Confuse, Evoke..
 

Mental_sachinodu
Megastar
Username: Mental_sachinodu

Post Number: 23445
Registered: 10-2008
Posted From: 50.241.19.41

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:53 am:       


Speaker:




i remember you mentioned your kids are teens.. or one of them.. let him start investing from now... by the time... he will make mistakes.. but eventually, he will get a better head start than us...

when i started masters, i knew few guys.. born and brought up here... who were mantaining stock portfolios.. and they were in their early twenties..
 

Anthamidhya
Junior Artist
Username: Anthamidhya

Post Number: 989
Registered: 02-2017
Posted From: 70.119.103.67

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:49 am:       


Speaker:

Only solace is, either u agree with me or not...we r almost in the same boat...with some more or less buffers for the rainy dayyyyyyyyyyyyyyyyyyyy




Non 401k investments entha ?

US cits ki 401k n house yee untaayi, manaki verevi kuuda untaayi ga
 

Speaker
Side Hero
Username: Speaker

Post Number: 8101
Registered: 01-2019
Posted From: 192.197.178.2

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:27 am:       

PA529 ki contributing every monthly to kids, except that - 401k - 0
no money left in savings account..
paycheck to paycheck batchie...

rekkaadithe kaani dokkaaadani batchie....

pittani kottaa...poyyilo ettaaa....ide circle of life in USA...visha valayam...There is only Entry...No Return or escape from this viscious cycle...

Only solace is, either u agree with me or not...we r almost in the same boat...with some more or less buffers for the rainy dayyyyyyyyyyyyyyyyyyyy

ikikiki


Inform, Amuse, Confuse, Evoke..
 

Mano
Side Hero
Username: Mano

Post Number: 2783
Registered: 07-2018
Posted From: 72.82.157.197

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:27 am:       


Ramjirao:

400 @50. No employer contribution


both you and your spouse or your contributions only?
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5832
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:26 am:       


Hyder:

including spouse 401k ?

400K at 50 sounds on lower end for typical Desi right ? I always thought you are always financially disciplined :-) May be you have more high yielding investments elsewhere :-)





This is just mine.

As my employer doesn't contribute its lower.

Started around 30 or 34 anukuntaa.

Initial years lo 10K per year later from last 10 years around 15K peduthunnaa
 

Rediff
Comedian
Username: Rediff

Post Number: 1449
Registered: 12-2006
Posted From: 204.64.147.248

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:26 am:       


Gochi:

mottham theesi paara nookaa ee visa uncertainities valla...10% penalty bokka...edhi sarigga D'lekapothunnaam




yeah .. kaneesam EAD apply chese anna chance vastaademo ani choostunna .. tokkalodi next 5 years lo jarigetattlu ledu ..

oct lo H1 renewal ki apply cheyaali again
 

Gochi
Side Hero
Username: Gochi

Post Number: 4110
Registered: 12-2006
Posted From: 64.121.67.210

Rating: 
Votes: 1 (Vote!)

Posted on Friday, September 06, 2019 - 10:25 am:       


Hero:

retirement in US is very expensive.... any where between 7 to 10 million leni vallu better to not stay here..




avi dabbulaa chillara penkulaa....only option to achieve this number is buy a lottery ticket everyday before going to office for the next 20 years...edhanna thagalochu..
 

Rediff
Comedian
Username: Rediff

Post Number: 1448
Registered: 12-2006
Posted From: 204.64.147.248

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:24 am:       


MrHyd:

May be you can start with your numbers. If you are honest then others will follow :-)




?? ante AW uncle ni nammadam ledaa ..
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5831
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:23 am:       

//.. wife started participating in 401K and because of that and my income limit � I could never contribute to IRA or can claim deduction ani edo chadivinatlu gurthu .. I think I need to talk to some cpa/planner emo

//

Wife cant contribute as she has 401K. she can put upto 17K per year

You can do IRA as u don't have 401K. you can do 6000 per year
 

Bunty717
Legend
Username: Bunty717

Post Number: 60346
Registered: 02-2008
Posted From: 161.185.161.172

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:21 am:       

retire aye time ki min 2 mil 401k lo lekapothe licked .. infact totally licked..

65 to 80 yrs .. pay lekundaaa manam retire ayina timee life style maintain cheyaali ante min 2 mil undaaali anukuntunnaaa..

min 15yrs max 20yrs without pay undaaali ..
 

Musafir
Side Hero
Username: Musafir

Post Number: 4650
Registered: 10-2018
Posted From: 165.225.34.160

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:21 am:       


Mental_sachinodu:

median is the center point where half of the population is above or below it...



To expand on this, if you have a data set organised in ascending or descending order,
you take the midpoint (If total # of data points is an odd number)
Or average of two mid points in the middle.
Ex: Set {100, 101, 105, 106, 110, 155}
Median = (105+106)/2 = 105.5
Average or mean = 677/6 = 112.83 See how one data point (155) changed the average to be higher than every other data point?
That is what Ramji is referring to when he says he prefers Median over average.
 

Hero
Hero
Username: Hero

Post Number: 14383
Registered: 09-2009
Posted From: 38.101.193.194

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:21 am:       


Gochi:

retirement time ki 1 million undakapothe waste ani eppudo decide chesaarugaa




ippudu kanisam age 35 to 40 anukonna...30..25 yrs from now..1 million retirement ante penuts..

retirement in US is very expensive.... any where between 7 to 10 million leni vallu better to not stay here..
 

Gochi
Side Hero
Username: Gochi

Post Number: 4109
Registered: 12-2006
Posted From: 64.121.67.210

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:21 am:       


Rediff:

gosi .. mana balance entha seppu .. :P




oka nalapai undedhi...mottham theesi paara nookaa ee visa uncertainities valla...10% penalty bokka...edhi sarigga D'lekapothunnaam...
 

Mahiz
Side Hero
Username: Mahiz

Post Number: 3918
Registered: 10-2012
Posted From: 165.225.34.255

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:17 am:       


Ramjirao:

IRA lo ettukocchu klathaa




withdraw chesukovali ante fine kattala same as 401K ?
 

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 13626
Registered: 01-2008
Posted From: 166.137.126.131

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:16 am:       


Ramjirao:

400 @50. No employer contribution


including spouse 401k ?

400K at 50 sounds on lower end for typical Desi right ? I always thought you are always financially disciplined :-) May be you have more high yielding investments elsewhere :-)
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5830
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:15 am:       

//UK lo only 25% of pension savings is non-taxable, 75% ki malli tax deduct chesthaaranta

US lo motham taxable


But if we withdraw when we have no other income yearly say 40K we will pay minimal taxes
 

Rediff
Comedian
Username: Rediff

Post Number: 1447
Registered: 12-2006
Posted From: 204.64.147.248

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:15 am:       

gosi .. mana balance entha seppu .. :P
 

Gochi
Side Hero
Username: Gochi

Post Number: 4108
Registered: 12-2006
Posted From: 64.121.67.210

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:15 am:       

retirement time ki 1 million undakapothe waste ani eppudo decide chesaarugaa..ee lekkalenti maree daanlo one fifth unnaai...
 

Rediff
Comedian
Username: Rediff

Post Number: 1446
Registered: 12-2006
Posted From: 204.64.147.248

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:15 am:       


quote:

IRA lo ettukocchu klathaa

The annual contribution limit for 2019 is $6,000




.. wife started participating in 401K and because of that and my income limit … I could never contribute to IRA or can claim deduction ani edo chadivinatlu gurthu .. I think I need to talk to some cpa/planner emo
 

Frasier
Junior Artist
Username: Frasier

Post Number: 841
Registered: 09-2014
Posted From: 90.199.4.41

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:13 am:       

UK lo only 25% of pension savings is non-taxable, 75% ki malli tax deduct chesthaaranta
 

Chantichanti
Side Hero
Username: Chantichanti

Post Number: 2784
Registered: 08-2008
Posted From: 205.204.186.15

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:09 am:       

R2I vallu 401K ni em chestunnaru? Are you cashing it out by paying the early withdraw fee?
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5828
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:07 am:       

//ZERO ikkada .. licked anukunta maa mestri daggara 401K ledu


IRA lo ettukocchu klathaa

The annual contribution limit for 2019 is $6,000



ainaa 401K lekunte u will invest that amount in regular account kabatti Not licked
If ur wife doesn't work then u can do 12000 an year
 

Anthamidhya
Junior Artist
Username: Anthamidhya

Post Number: 988
Registered: 02-2017
Posted From: 70.119.103.67

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:06 am:       


Mrhyderabad:

numbers is a million dollar question :-)




Naa paata million dollaraaa
 

Rediff
Comedian
Username: Rediff

Post Number: 1445
Registered: 12-2006
Posted From: 204.64.147.248

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:05 am:       


quote:

Thirtysomethings (age 30-39)

Average 401(k) balance: $42,400
Median 401(k) balance: $16,500
Contribution rate (% of income): 7.8%




ZERO ikkada .. licked anukunta :-( maa mestri daggara 401K ledu :-(
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5827
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:04 am:       

//
May be you can start with your numbers. If you are honest then others will follow :-)
//

400 @50. No employer contribution
 

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 13624
Registered: 01-2008
Posted From: 166.137.126.131

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:03 am:       


Ramjirao:


American lo average income around 45-60K or somewhere close by kadaa...so we (Desis) can’t really compare ourselves with this type national averages !

DB is good sample. Take average of DBers... but how many will honestly disclose the numbers is a million dollar question :-)

May be you can start with your numbers. If you are honest then others will follow :-)
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5826
Registered: 02-2019
Posted From: 152.51.48.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 10:00 am:       


Gudiwada:

ante enti



https://www.ssa.gov/international/agreements_overview.html


Savyasachi:


thats why i hate averages.

if you retire at 65 and you have 175k in your 401k
how long will it last?
ittanti news articles anni sadivi janal will become lazy satisfying themselves by saying i am on par or above this average .

if you are 60 now and retire 65 and lets say you live till 90 you need 2 mil to lead the same life before you runout of money.





Arjuna - janalaki theleedhaa 180K ante max 4 or 5 years survival


These numbers are for the BPL line people

if people who jkeep 15 or 20K (max out on their contributions atleast from 40 years) they will have much more
 

Rocketk2
Side Hero
Username: Rocketk2

Post Number: 6956
Registered: 03-2014
Posted From: 107.77.70.127

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 09:38 am:       


Mamamiya786:

what is the difference betwwen ..average and median.


average is sum of all divided by count. Median is the middle number
Ex: in 1,4 100
Average is 35 and median is 4

The median less than average, indicAtes there are more people with below average balance in 401k.

Savyasachi:


if you retire at 65 and you have 175k in your 401k
how long will it last?


but isn't that the reality. Average income in America is about 60k. Median gives a better picture there. Half of the population have 60k or less.

By nature of employment , most of Indians are (way) above average earners!!
 

Mental_sachinodu
Megastar
Username: Mental_sachinodu

Post Number: 23435
Registered: 10-2008
Posted From: 50.241.19.41

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 09:35 am:       


Savyasachi:

thats why i hate averages.

if you retire at 65 and you have 175k in your 401k
how long will it last?




here average is the values at which the current population is saving.. its not saying that is how much everyone should be saving... thats an entirely different number
 

Mental_sachinodu
Megastar
Username: Mental_sachinodu

Post Number: 23434
Registered: 10-2008
Posted From: 50.241.19.41

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 09:34 am:       


Mamamiya786:

what is the difference betwwen ..average and median.




average is also called mean ...

in this context average - total 401k value divided by number of holders

median is the center point where half of the population is above or below it...

that median 401k is the cuttoff at which half of the holders have less..

For me median is a better indicator.. although not every one agrees ...
 

Anthamidhya
Junior Artist
Username: Anthamidhya

Post Number: 987
Registered: 02-2017
Posted From: 70.119.103.67

Rating: 
Votes: 1 (Vote!)

Posted on Friday, September 06, 2019 - 09:28 am:       

Don’t get fooled by average US numvers. Most people here are in top 10% of income n life style.
You need 2x your base salary at 40yrs of age to maintain same lavish lifestyle of EMC, hyder, saint, etc
 

Hadoop
Hero
Username: Hadoop

Post Number: 15215
Registered: 12-2014
Posted From: 66.129.87.212

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 09:17 am:       


Ramjirao:

after 67 years ( u might be 69 also depending on ur current age)




70 kaaa..bongulee ika 70 ki endhuku benefits.......
 

Gudiwada
Side Hero
Username: Gudiwada

Post Number: 2622
Registered: 02-2007
Posted From: 74.118.96.36

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 09:16 am:       


Ramjirao:

As on now India and US doesn't have treaty for transfer of balance. if it comes then u can transfer what u and ur employers paid to India PPF account.




Ramji antee emiti ?
 

Savyasachi
Side Hero
Username: Savyasachi

Post Number: 3159
Registered: 12-2013
Posted From: 71.203.102.171

Rating: 
Votes: 1 (Vote!)

Posted on Friday, September 06, 2019 - 09:15 am:       

thats why i hate averages.

if you retire at 65 and you have 175k in your 401k
how long will it last?
ittanti news articles anni sadivi janal will become lazy satisfying themselves by saying i am on par or above this average .

if you are 60 now and retire 65 and lets say you live till 90 you need 2 mil to lead the same life before you runout of money.
 

Mamamiya786
Megastar
Username: Mamamiya786

Post Number: 26416
Registered: 06-2008
Posted From: 204.193.85.20

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 09:13 am:       

what is the difference betwwen ..average and median.
Sensation(About Bala):He can win in atleast half of the segments in Rayalaseema. Emi matladutunnavo neeku telusa. He can contest any where in coastal and rayalaseema districts. I personally feel he should contest from Srikakulam dt.

Jagan|Modi|
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5824
Registered: 02-2019
Posted From: 152.51.56.1

Rating: 
Votes: 1 (Vote!)

Posted on Friday, September 06, 2019 - 09:11 am:       

//i have 6k in my IRA, 401k zero..am i licked?

why licked?? you have much more in real estate and other investments kathaaa



//after 60 yr aaa? ela claim cheyali ?


after 67 years ( u might be 69 also depending on ur current age)

SSA office kelli seyyaala)
 

Hadoop
Hero
Username: Hadoop

Post Number: 15213
Registered: 12-2014
Posted From: 66.129.87.212

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 09:08 am:       


Ramjirao:

Still you can claim the benefits




after 60 yr aaa? ela claim cheyali ?
 

Emc2
Legend
Username: Emc2

Post Number: 80093
Registered: 03-2008
Posted From: 72.83.94.95

Rating: 
Votes: 1 (Vote!)

Posted on Friday, September 06, 2019 - 09:07 am:       

i have 6k in my IRA, 401k zero..am i licked?
AP AP = Assam Assam
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5822
Registered: 02-2019
Posted From: 152.51.56.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 09:06 am:       


Hadoop:

ramji uncle....naaku social 40 + credits unnayi.....nenu vindia vachesaa....ebnifits claim chesukovaccha or amanna withdraw chesukovocchaa? koncham light veyi ee topic meeda





Benefits cliam sesukovacchuu

As on now India and US doesn't have treaty for transfer of balance. if it comes then u can transfer what u and ur employers paid to India PPF account.

But currently not possible


Still you can claim the benefits
 

Hadoop
Hero
Username: Hadoop

Post Number: 15212
Registered: 12-2014
Posted From: 66.129.87.212

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 08:58 am:       

ramji uncle....naaku social 40 + credits unnayi.....nenu vindia vachesaa....ebnifits claim chesukovaccha or amanna withdraw chesukovocchaa? koncham light veyi ee topic meeda
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5820
Registered: 02-2019
Posted From: 152.51.56.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 08:56 am:       

https://www.investopedia.com/articles/personal-finance/01061 6/whats-average-401k-balance-age.asp?utm_campaign=quote-yaho o&utm_source=yahoo&utm_medium=referral&yptr=yahoo


easy gaa almost all andharu ee average balnce vuntundhii
 

Ramjirao
Side Hero
Username: Ramjirao

Post Number: 5819
Registered: 02-2019
Posted From: 152.51.56.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, September 06, 2019 - 08:55 am:       

Twentysomethings (age 20-29)

Average 401(k) balance: $11,800
Median 401(k) balance: $4,300
Contribution rate (% of income): 7%

Thirtysomethings (age 30-39)

Average 401(k) balance: $42,400
Median 401(k) balance: $16,500
Contribution rate (% of income): 7.8%

Among millennials (which Fidelity defines as those born between 1981-1997), 38% of workers increased their savings in Q2 2019. This generation is the most likely to contribute to a Roth 401(k), too.

Fortysomethings (age 40-49)

Average 401(k) balance: $102,700
Median 401(k) balance: $36,000
Contribution rate (% of income): 8.5%

The jump in the account balance size for Gen X-ers could reflect the fact that these folks have logged a good decade or two in the workforce, and have been contributing to plans that long. The slightly larger contribution rate may reflect that many are in their peak earning years.

Fiftysomethings (age 50-59)

Average 401(k) balance: $174,100
Median 401(k) balance: $60,900
Contribution rate (% of income): 10.1%

The jump in the contribution rate for this group suggests that many are taking advantage of the catch-up provision for 401(k)s, which allows them to deposit several thousand more (an extra $6,000 in 2019) than the standard amount.

Sixtysomethings (age 60-69)

Average 401(k) balance: $195,500
Median 401(k) balance: $62,000
Contribution rate (% of income): 11.2%

Add Your Message Here
Post:
Bold text Italics Underline Create a hyperlink Insert a clipart image HASH(0x24041a8){Movie Clipart}
Show / hide regular icons selection options

Click on following links to open cliparts by Alphabetical Order

 A   B   C   D   E   F   G   H   I   J   K   L   M  

N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Show / Hide Filmy icons selection options

Click on following links to open cliparts by Alphabetical Order

  A   B   C   D   E   F   G   H   I   J   K   L   M  

N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Username: Posting Information:
This is a public posting area. Enter your username and password if you have an account. Otherwise, enter your full name as your username and leave the password blank. Your e-mail address is optional.
Password:
E-mail:
Options: Enable HTML code in message
Automatically activate URLs in message
Action: