Need Information On Traditional *i*r*a* .

[subbayya]

[quote name='CheGuevara' timestamp='1363753142' post='1303453791']


yeah naaku evo unde courses starting lo join ainappudu appudu antha ga pattinchukole....

so naadi oka question..........

ippudu e traditional IRA ante stocks lo invest cheyyadamena? ippudu max $5000 contribute cheyyochu kada, then aa $5000 deductible untunda leka inka amina vere untunda deductible..........e trad. IRA lo pettina money malli manam eppudina teesukovacha because they are already after tax investments kada.....so konchem e details cheppu/.....useful aite repe oka trad. IRA open chesi aa deductible edo techukunta legal ga...

please let me know whatever you know about trad IRA...i am just confused on this thing
[/quote]


Moreover, IRA's ekkuva employer compensation leni vallu and Self-employed vallu use chestharu mama..... 401k vunte IRA waste.

[Spartan]

[quote name='Bairagi' timestamp='1363753446' post='1303453821']
401k option vunte baaga use cheskondri...adi best...limit chalaa high vuntadi plus matching vuntadi employer tho....free money ya
[/quote]


yes...early withdrwal cheskunna....tax or penalty amount..emplyer match chese amount to sync aipote..

u will have ur tax free money ani naa feeling..anduke max amount contributing..emplyer match cutoff ki...

[Bairagi]

aa retirement account lo nunchi money withdraw cheskunnaa (before maturity), penalty vuntadi...traditional IRA or 401k or 403b ki additional gaa tax bhi cut avuddi....RoTH IRA ki only penalty ~10%

[CheGuevara]

[quote name='ChittiNaidu' timestamp='1363753497' post='1303453825']


traditional IRA complete ga idea ledu bhayya...ivale vintunna..

all i know is about ROTH IRA and 401 K...


401K...untaxed amount.. ROTH taxed amount


401K maaku vangaurd manage chestadi..so vadu..nenu andulo save chese money khali ga pette badalu shares lo invest chestadu..
if i get profit i have tha money..if i loss..i loose money...and also i can decide where whcih stock i can invest ani...

daniki premature withdrawl ki same ante tax and penalties similar to 401K...but adv enti ante...u can increase ur amount if invested in good stocks rather then jus saving it..useless ga padi untadi anthey...



ROTH lo kuda same ayi untadi..kaani withdrawls ki tax undakapovachu...but profit ki kattali...
[/quote]


yeah e 401K plan naaku undi mama managed by fidelity but vaadu only maa company related stocks lo pettadanike option istadu ( may be vere stocks lo pette option kuda undemo but i am not sure) and we cannot deduct anything from this 401K kada and cheyyalemu kuda because its pre-tax invested money.

chustunna e traditional IRA better aa leka nuvvu chepinattu aa illu edo india lo teesukoni invest cheyyadam better aa ani....

[Spartan]

[quote name='CheGuevara' timestamp='1363753702' post='1303453846']


yeah e 401K plan naaku undi mama managed by fidelity but vaadu only maa company related stocks lo pettadanike option istadu ( may be vere stocks lo pette option kuda undemo but i am not sure) and we cannot deduct anything from this 401K kada and cheyyalemu kuda because its pre-tax invested money.

chustunna e traditional IRA better aa leka nuvvu chepinattu aa illu edo india lo teesukoni invest cheyyadam better aa ani....
[/quote]


illu definite ga is a safe investment..

recent ga illu konna..aroudn 30lacs ki....monnane feb lo house warming ayindi...

at present selling price 40lacs cash ready ga unnaru....so its a safe bet anytime...

[CheGuevara]

[quote name='ChittiNaidu' timestamp='1363753817' post='1303453871']


illu definite ga is a safe investment..

recent ga illu konna..aroudn 30lacs ki....monnane feb lo house warming ayindi...

at present selling price 40lacs cash ready ga unnaru....so its a safe bet anytime...
[/quote]


yeah inka ade cheyyali...

thanks bhayya for your info......

[Jahanara]

next thread manchi ira funds enti? ikade continue cheyandi.