Mr Mirchi Posted February 23, 2020 Report Share Posted February 23, 2020 ilaaa kaadhu gani .. simple Q 401k ki fidelity lo acct hain.. meeru denilo invest chesthunnaaruuuu .. entha rate of return vasthundhi yearly... 401k lo meeru lekapothe lite le Quote Link to comment Share on other sites More sharing options...
galiraju Posted February 23, 2020 Report Share Posted February 23, 2020 2 minutes ago, Mr Mirchi said: 401k ki ma employer 4% giving so nenu 4% vesthunnaa... na colleage 6% vesthunnaadu...employer match kanna manam ekkuva vesthe use vundhaa.... 401k ki fidelity lo acct hain.. meeru denilo invest chesthunnaaruuuu social security amount ki 40 pounts vachaka... for good vellithe india ki aa san amount oke sari draw chesukoni vellocha .. monna dbian evaru annaaru.. ssn amount running out ani and oke saari draw chesukone option vundhi ani...... ilaa draw cheyatam retiremwnt age dhaatinakana or mundhe cheyyocha.... if everything is paid; go all the way 19000(max) Quote Link to comment Share on other sites More sharing options...
galiraju Posted February 23, 2020 Report Share Posted February 23, 2020 6 minutes ago, Mr Mirchi said: 401k ki ma employer 4% giving so nenu 4% vesthunnaa... na colleage 6% vesthunnaadu...employer match kanna manam ekkuva vesthe use vundhaa.... 401k ki fidelity lo acct hain.. meeru denilo invest chesthunnaaruuuu social security amount ki 40 pounts vachaka... for good vellithe india ki aa san amount oke sari draw chesukoni vellocha .. monna dbian evaru annaaru.. ssn amount running out ani and oke saari draw chesukone option vundhi ani...... ilaa draw cheyatam retiremwnt age dhaatinakana or mundhe cheyyocha.... 401k madyalo chesthy panility kattali.... Quote Link to comment Share on other sites More sharing options...
galiraju Posted February 23, 2020 Report Share Posted February 23, 2020 7 minutes ago, Mr Mirchi said: 401k ki ma employer 4% giving so nenu 4% vesthunnaa... na colleage 6% vesthunnaadu...employer match kanna manam ekkuva vesthe use vundhaa.... 401k ki fidelity lo acct hain.. meeru denilo invest chesthunnaaruuuu social security amount ki 40 pounts vachaka... for good vellithe india ki aa san amount oke sari draw chesukoni vellocha .. monna dbian evaru annaaru.. ssn amount running out ani and oke saari draw chesukone option vundhi ani...... ilaa draw cheyatam retiremwnt age dhaatinakana or mundhe cheyyocha.... SSN ni emi cheyalevvu.....401k teesukochu penality katti Quote Link to comment Share on other sites More sharing options...
Mr Mirchi Posted February 23, 2020 Author Report Share Posted February 23, 2020 just found this.. social security money when u r out of country.... https://www.ssa.gov/pubs/EN-05-10137.pdf Quote Link to comment Share on other sites More sharing options...
Aryaa Posted February 24, 2020 Report Share Posted February 24, 2020 Trump magic 20 % in 2017 and 2019 Quote Link to comment Share on other sites More sharing options...
Peddayana Posted February 24, 2020 Report Share Posted February 24, 2020 2 hours ago, Mr Mirchi said: ilaaa kaadhu gani .. simple Q 401k ki fidelity lo acct hain.. meeru denilo invest chesthunnaaruuuu .. entha rate of return vasthundhi yearly... 401k lo meeru lekapothe lite le If you want to follow the simple route , invest what the company matches , whether is 4% or 6% or 8% etc You have to see that your contribution does not exceed the yearly limit for 401k which is 19,500 for 2020 You can invest up to 19,500 with out company matching too , you simply save tax on that money (At the cost of that money being locked until you are 59 1/2 years etc) If you need to withdraw the amount before you are 59 1/2 years then the amount will be taxed along with a 10% penalty Investment return typically depends on how your 401k is invested , most companies allow you to choose percentages you can invest like 80% stocks , 20% bonds or even a selection of stocks such as international , large cap etc. You can also contribute after tax money for Roth accounts. Read up on them. Some 401k accounts may allow you to withdraw money for mortgage loan etc.If you are staying here in us for long term , investing in 401k (especially when there is a company match) is very wise as you are getting free money + growth over the years , the growth compounds to thousands of dollars in the long run Good luck Quote Link to comment Share on other sites More sharing options...
dgnfiedmn Posted February 24, 2020 Report Share Posted February 24, 2020 8 minutes ago, Peddayana said: If you want to follow the simple route , invest what the company matches , whether is 4% or 6% or 8% etc You have to see that your overall contribution including company contribution does not exceed the yearly limit for 401k which is 19,500 for 2020 You can invest up to 19,500 with out company matching too , you simply save tax on that money (At the cost of that money being locked until you are 59 1/2 years etc) If you need to withdraw the amount before you are 59 1/2 years then the amount will be taxed along with a 10% penalty Investment return typically depends on how your 401k is invested , most companies allow you to choose percentages you can invest like 80% stocks , 20% bonds or even a selection of stocks such as international , large cap etc. You can also contribute after tax money for Roth accounts. Read up on them. Some 401k accounts may allow you to withdraw money for mortgage loan etc.If you are staying here in us for long term , investing in 401k (especially when there is a company match) is very wise as you are getting free money + growth over the years , the growth compounds to thousands of dollars in the long run Good luck Long-term if you are planning to settle in India, invest in India however if you are planning to settle here, invest here as we never know how the ruppee going to change over time. Also one thing I want to clarify about peddayanna's statement is that the 19500 limit doesn't include company matching. What I mean is if a company provides 401k account, an individual person can contribute a total of up to 19500 not including the company match. Of course there is a limit of how much percentage of your income you can put in your 401k. Quote Link to comment Share on other sites More sharing options...
Peddayana Posted February 24, 2020 Report Share Posted February 24, 2020 2 minutes ago, dgnfiedmn said: Long-term if you are planning to settle in India, invest in India however if you are planning to settle here, invest here as we never know how the ruppee going to change over time. Also one thing I want to clarify about peddayanna's statement is that the 19500 limit doesn't include company matching. What I mean is if a company provides 401k account, an individual person can contribute a total of up to 19500 not including the company match. Of course there is a limit of how much percentage of your income you can put in your 401k. corrected , thanks Quote Link to comment Share on other sites More sharing options...
Mr Mirchi Posted February 24, 2020 Author Report Share Posted February 24, 2020 3 hours ago, Peddayana said: If you want to follow the simple route , invest what the company matches , whether is 4% or 6% or 8% etc You have to see that your contribution does not exceed the yearly limit for 401k which is 19,500 for 2020 You can invest up to 19,500 with out company matching too , you simply save tax on that money (At the cost of that money being locked until you are 59 1/2 years etc) If you need to withdraw the amount before you are 59 1/2 years then the amount will be taxed along with a 10% penalty Investment return typically depends on how your 401k is invested , most companies allow you to choose percentages you can invest like 80% stocks , 20% bonds or even a selection of stocks such as international , large cap etc. You can also contribute after tax money for Roth accounts. Read up on them. Some 401k accounts may allow you to withdraw money for mortgage loan etc.If you are staying here in us for long term , investing in 401k (especially when there is a company match) is very wise as you are getting free money + growth over the years , the growth compounds to thousands of dollars in the long run Good luck Nice thanks nenu sure ga 59 yrs dhaka usa lo vundanu as of current plan .. oka 50 vachaka yo america and software ma comp 4% vesthundi nenu just 6% ki start chesa fidelity acct lo Vanguard 2060 select chesi pertaa .. 19k pette scene ledhule.... Quote Link to comment Share on other sites More sharing options...
Spartan Posted February 24, 2020 Report Share Posted February 24, 2020 Quote Link to comment Share on other sites More sharing options...
CH_Desi Posted February 24, 2020 Report Share Posted February 24, 2020 Does autoplan work better or picking funds individually works better ? My rate of return is less than 7%. Quote Link to comment Share on other sites More sharing options...
Spartan Posted February 24, 2020 Report Share Posted February 24, 2020 Just now, CH_Desi said: Does autoplan work better or picking funds individually works better ? My rate of return is less than 7%. avg ga auto-plan ranges from 7-10%.. but enta worst aina..last two years bull run lo kaneesam 10% aina undali... switch it. Quote Link to comment Share on other sites More sharing options...
Mr Mirchi Posted February 24, 2020 Author Report Share Posted February 24, 2020 Just now, CH_Desi said: Does autoplan work better or picking funds individually works better ? My rate of return is less than 7%. Mine is 14% bhayya Quote Link to comment Share on other sites More sharing options...
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