401K Doubt

[stag]

basical ga consulting chese vallaki employer em match cheyadu. you can go for Traditional IRA

got it myan.. google chesina dorkindhi

[megadheera]

ante endhi bro??

 

If you are single you can contribute maximum 5K per year to traditional IRA. you can go to scottrade or bank of america to open IRA account. nee total salary lonchi 5K deduct chesi migatha amount ki you have to pay taxes. This 5k will be tax free money. every year ila contribute chesukuntu velthe you can take this money at the time of retirement (I think 65 years). Madyalo you can withdraw from Home loan or children school fee