minnu Posted January 12, 2013 Report Posted January 12, 2013 evaraina 401k or Roth IRA lo invest chesara? if so, which one is better and why? maa employer okka extent varaku 401k match chestunnadu. okka vela future lo India ki vellipovali ante denilo ayina invest cheyatam better or better to invest in India?
Spartan Posted January 12, 2013 Report Posted January 12, 2013 [b]401K [/b] lo neeku tax cut avvakamundu allocate chestaru based on ur percentage.. adi 591/2 yr age vachina tarvate teskovali...munde teskunte...u need to pay taxes..along with 10% extra tax..... [b]IRA Roth[/b] lo....tax cut chesaka..ne retirement fund ki veltadi..so no need to pay tax...only penalty for early withdrawls... employer matching untadi..75%-100% matching...ma apice lo nenu 5K veste naaku 3K matching istadu...ade max..even if i put 16.5K also 3K ne istadu... ikkada undali ani plan cheste akakda save checko ledu ante India... PS: I am doing both....India and 401K ......roth teskole..
Vaampire Posted January 12, 2013 Report Posted January 12, 2013 [quote name='ChittiNaidu' timestamp='1357953046' post='1303095473'] [b]401K [/b] lo neeku tax cut avvakamundu allocate chestaru based on ur percentage.. [b]adi 591/2 yr age[/b] vachina tarvate teskovali...munde teskunte...u need to pay taxes..along with 10% extra tax..... [b]IRA Roth[/b] lo....tax cut chesaka..ne retirement fund ki veltadi..so no need to pay tax...only penalty for early withdrawls... employer matching untadi..75%-100% matching...ma apice lo nenu 5K veste naaku 3K matching istadu...ade max..even if i put 16.5K also 3K ne istadu... ikkada undali ani plan cheste akakda save checko ledu ante India... PS: I am doing both....India and 401K ......roth teskole.. [/quote]591/2 age endi
minnu Posted January 12, 2013 Author Report Posted January 12, 2013 [quote name='Vaampire' timestamp='1357953409' post='1303095491'] 591/2 age endi [/quote] 59.5 years anukunta
minnu Posted January 12, 2013 Author Report Posted January 12, 2013 [quote name='ChittiNaidu' timestamp='1357953046' post='1303095473'] [b]401K [/b] lo neeku tax cut avvakamundu allocate chestaru based on ur percentage.. adi 591/2 yr age vachina tarvate teskovali...munde teskunte...u need to pay taxes..along with 10% extra tax..... [b]IRA Roth[/b] lo....tax cut chesaka..ne retirement fund ki veltadi..so no need to pay tax...only penalty for early withdrawls... employer matching untadi..75%-100% matching...ma apice lo nenu 5K veste naaku 3K matching istadu...ade max..even if i put 16.5K also 3K ne istadu... ikkada undali ani plan cheste akakda save checko ledu ante India... PS: I am doing both....India and 401K ......roth teskole.. [/quote] thanks for your reply.. maa employer 401k option undi ani telusu kani Roth gurinchi ekkada chudaledu.. kanukkovali.. naa thinking enti ante ippudu taxes koncham lower end lo unnayi and future lo taxes increase ayye chance undi kabatti, ippudu Roth lo invest chesi future lo 401k lo invest cheyala ani thinking.. still researching..
Bairagi Posted January 12, 2013 Report Posted January 12, 2013 madhyalo eppudanna dabbulu withdraw cheskune paristhiti vasthadi anukunte roth better.
Spartan Posted January 12, 2013 Report Posted January 12, 2013 [quote name='Bairagi' timestamp='1357955847' post='1303095581'] madhyalo eppudanna dabbulu withdraw cheskune paristhiti vasthadi anukunte roth better. [/quote] agreed nenu ade point lo struck ayya.....30K avasaram unnayi...unna kuda teskoleni paristiti...
Spartan Posted January 12, 2013 Report Posted January 12, 2013 [quote name='minnu' timestamp='1357953689' post='1303095499'] thanks for your reply.. maa employer 401k option undi ani telusu kani Roth gurinchi ekkada chudaledu.. kanukkovali.. naa thinking enti ante ippudu taxes koncham lower end lo unnayi and future lo taxes increase ayye chance undi kabatti, ippudu Roth lo invest chesi future lo 401k lo invest cheyala ani thinking.. still researching.. [/quote] taxes lower end lo unnaya...moanne pencharu kada.. but Roth IRA is better option anytime....
Vaampire Posted January 12, 2013 Report Posted January 12, 2013 [quote name='ChittiNaidu' timestamp='1357956132' post='1303095592'] agreed nenu ade point lo struck ayya.....30K avasaram unnayi...unna kuda teskoleni paristiti... [/quote] 30k naaaa. enni years
Spartan Posted January 12, 2013 Report Posted January 12, 2013 [quote name='Vaampire' timestamp='1357956555' post='1303095617'] 30k naaaa. enni years [/quote] 3yrs March vaste...ippudu deduction tagginchali....
justFme Posted January 12, 2013 Report Posted January 12, 2013 chittinaidu.. edo india ani kuda raasav.. both roth & 401k US ye kada.. mari india enti
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