gross pay vs net pay

[bharatvasu]

Gross and net both USD 120K

[Konebhar6]

2 hours ago, riashli said:

Gross pay 42k INR

NET 38K 

Am I eligible for this thread?

Per month? 

I thought you are in US ... California ..

[Spartan]

5 hours ago, Konebhar6 said:

Mine - Gross 255k, Net 145K. 

@Konebhar6 espp unda 

whats the limit 

[Konebhar6]

1 minute ago, Spartan said:

@Konebhar6 espp unda 

whats the limit 

Yes ESPP undi. 25k max.

[Spartan]

Just now, Konebhar6 said:

Yes ESPP undi. 25k max.

good aite 401k lo ne teda

yiu are contributing only upto company matching

[Konebhar6]

1 minute ago, Spartan said:

good aite 401k lo ne teda

yiu are contributing only upto company matching

Max out since a long time. Naa paycheck naake ardham kaale ... Oka sari kurchoni chudali Chala sodi undi

[Spartan]

Just now, Konebhar6 said:

Max out since a long time. Naa paycheck naake ardham kaale ... Oka sari kurchoni chudali Chala sodi undi

max out cheyatledu annav monna ekkado

[Konebhar6]

5 minutes ago, Spartan said:

max out cheyatledu annav monna ekkado

I am thinking of not maxing out for next year ani thread vesa sometime back .... Did not change contribution for current year as well. 

[Konebhar6]

10 minutes ago, Spartan said:

good aite 401k lo ne teda

yiu are contributing only upto company matching

My company does profit sharing. Company gives 5% irrespective of whether we put money in 401k or not. Great benefit for those who do not want to contribute.

[Spartan]

1 minute ago, Konebhar6 said:

I am thinking of not maxing out for next year ani thread vesa sometime back .... Did not change contribution for current year as well. 

ok nenu kuda cheddam anukunna but IRS audit padindi so no risk on stocks anukuntunna

[Konebhar6]

Just now, Spartan said:

ok nenu kuda cheddam anukunna but IRS audit padindi so no risk on stocks anukuntunna

I am confused on exit strategy for 401k. Already has good amount there. But i was not able to convince myself. When in doubt i stay put, do not change or take decisions

[Spartan]

4 minutes ago, Konebhar6 said:

I am confused on exit strategy for 401k. Already has good amount there. But i was not able to convince myself. When in doubt i stay put, do not change or take decisions

thats right

[Konebhar6]

7 minutes ago, Spartan said:

thats right

I think the difference is RSU shows up in Gross but not in Net.

[Spartan]

1 minute ago, Konebhar6 said:

I think the difference is RSU shows up in Gross but not in Net.

nope i took out RSUs from

mine

[TechSri]

On 1/10/2024 at 1:27 AM, rmJU72 said:

If ur not withdrawing 401k for next 30 years, and have reasonable confidence that US will not collapse, just put 100% in S&P index funds.

Ma desi employer fidelity plan lo only Target date fund matrame undi and rest all some waste things. I don’t see S&P index fund. What to do