Is 401K A Good Option For H1B Visa Holder?

[Bairagi From Bapatla]

Roth IRA ela cheyalo cheppandi vayya... and benefits enti?

 

money draw chesthe penalities emaina kattala?

[pythonic]

Kani okati 100% contribution by employer and immediate vesting unte aa math correct...kani maku 50% perc and 3 yrs vesting period and each yr 33% ala avuthundi...ayina kani I feel it is pretty good for me...

[pythonic]

Roth IRA ela cheyalo cheppandi vayya... and benefits enti?

 

money draw chesthe penalities emaina kattala?

Roth IRA is taxable annukunta uncle...basically i.e ur post tax contribution...adhi maku ayithe benefits enroll appudu perc mention cheyali and it is managed by same guy who manages 401k...

[pythonic]

Roth IRA ela cheyalo cheppandi vayya... and benefits enti?

 

money draw chesthe penalities emaina kattala?

Roth IRA is taxable annukunta uncle...basically i.e ur post tax contribution...adhi maku ayithe benefits enroll appudu perc mention cheyali and it is managed by same guy who manages 401k...

[ARYA]

roth ira kuda employer e provide cheyyala leka is it possible to take it individually

[VenkatD]

roth ira kuda employer e provide cheyyala leka is it possible to take it individually

Gud qochen

[VenkatD]

yes...nenu 6000 veste...employer will put 4500

enni years ani undadu..u can do it as ur wish...nenu last year emi cheyale...next year april kanna mundu cheseyali...for FY15

if i change the job..i can roll over this account into the new one..or if new employer is same.can maintain same account ...if he agrees..

Ee amount (10500) vary avutunda from person to person ??

[akusharat]

Kani okati 100% contribution by employer and immediate vesting unte aa math correct...kani maku 50% perc and 3 yrs vesting period and each yr 33% ala avuthundi...ayina kani I feel it is pretty good for me...

+1

 

Vesting period is to retain employee atleast 3 years with that company....... Any day if company matches some part of 401k, it is always better man.

[aakpak_karepak007]

FTE aithe 401k must man.. Contribute as much as you can and it also depends if u will stay in the country for ever.. Ledu ante almost 50% biscuit authadi..

Contractor ki 401k undadu kada employer matching illa kabatti.. Save cheyyali ante either Roth 401k individual IRA or stocks/mutual funds or fixed deposits anthe inka

[aakpak_karepak007]

Ee amount (10500) vary avutunda from person to person ??

Employer meeda depends and on ur contribution.. Basically ne contribution lo part or full upto certain limits employer matches..

[Spartan]

Ee amount (10500) vary avutunda from person to person ??

 

you get what u contribute..

 

4500 ravali ante..nuvvu minimum 6000 contirbute cheyali..

 

IRS rule prakaram u can put upto 17500...so nuvvu 17500  chesina neeku 4500 ye istadi company.....

 

 

if u put less than 6000...75% of that match chestad.....

 

anduke nenu prati nela chese badalu..50% bonus check vesesta 401K ki...  

[aakpak_karepak007]

maak 75% matching increased e year nunchi....

i contribute 6000$, employer pays 4500$

75% matching till 6000$ aaa mast idi kada vayya.. I think google is the best 401k contributor out there

[arshad]

Ee amount (10500) vary avutunda from person to person ??

 

 

ba

 

 

[aakpak_karepak007]

Monna news la vintunde us la 80B loss anta last yr for employees who didn't use 401k matchups frm companies

[Spartan]

75% matching till 6000$ aaa mast idi kada vayya.. I think google is the best 401k contributor out there

 

   monnane penchar....antak mundu 70% unde..