Is 401K A Good Option For H1B Visa Holder?

[karna11]

GP

[ronitreddy]

Already sitti vuncle same post vesadu few months back..Anyways gp

[Moon_Walker]

Already sitti vuncle same post vesadu few months back..Anyways gp

 

dude can u please point to that link?

[ronitreddy]

Employer match lekapothe individual IRA/ Roth ira better..

 

elaborate pls

[ronitreddy]

dude can u please point to that link?

 

Sorry dude. Ekkada undo thelidu..You can try using the key words *401k* on the search tool bar

[ronitreddy]

FT american company tho job madyalo h1b meeda vunapudu pothey padey arachakum antha intha kadu, GC malli modatiki vasthundi, h1b out of status immediately , chala vunayi FT ki negatives,  job pothey they will walk you out of the building like a prisoner atleast consulting lo 2 weeks notice istharu, seen so many FT guys getting ** so easily by american companies

 

yeah

[Spartan]

   im doing it ....last year cheyaled...e year ma vadu matching penchadu...

[aakpak_karepak007]

elaborate pls

Ante employer toh tie up undadu mayya u can create a traditional or Roth ira and contribute/invest traditional is tax deductible money.. Roth is after tax money rendu 591/2 lopu withdraw chesthe penalty.. Roth lo invest chesi interest osthe u can withdraw that money without penalty anamata.. Both accounts are setting money aside for retirement though.. 30 lopala poragalaki waste of employer isnt matching

[Spartan]

Ante employer toh tie up undadu mayya u can create a traditional or Roth ira and contribute/invest traditional is tax deductible money.. Roth is after tax money rendu 591/2 lopu withdraw chesthe penalty.. Roth lo invest chesi interest osthe u can withdraw that money without penalty anamata.. Both accounts are setting money aside for retirement though.. 30 lopala poragalaki waste of employer isnt matching

 

agreed....  

[mastercheif]

If employers match is just 25% then profitable aa ?

 

mana contribution 4000

employer contribution 1000

 

30% tax for 4k is 2800

30 % tax and 10% penanlty consider chesthey for 5k then its 3000

 

200 dollars profit for a year kosam 401k invest cheyyala ?

[Hyderabad_Nawab]

If employers match is just 25% then profitable aa ?

 

mana contribution 4000

employer contribution 1000

 

30% tax for 4k is 2800

30 % tax and 10% penanlty consider chesthey for 5k then its 3000

 

200 dollars profit for a year kosam 401k invest cheyyala ?

 

general ga dey match upto 100% upto 3-4% of ur Annual Pay kadha.. mari 0.25 endhi .. ??

[Spartan]

general ga dey match upto 100% upto 3-4% of ur Annual Pay kadha.. mari 0.25 endhi .. ??

 

no not in all companies...

[Hyderabad_Nawab]

agreed....  

Sittuncle.. Right now i am on 5% .. maa odu 4% matching.. no Long term plans to stay @ US.. ilaane unchaala.. inka pechaala like 85 ala.. :D :D

[Hyderabad_Nawab]

no not in all companies...

mari intha takkuva.. waste kadha asalu. inka ROTH e better kadha mayya..

[Bhalegunde]

If employers match is just 25% then profitable aa ?
 
mana contribution 4000
employer contribution 1000
 
30% tax for 4k is 2800
30 % tax and 10% penanlty consider chesthey for 5k then its 3000
 
200 dollars profit for a year kosam 401k invest cheyyala ?

1000 is also free money kadaa

Free money is always free money

vaallu enthavaraku match chesthaaro antha varaku 401 k lo pettu

if its 25% upto 4%- then put 4% - remaining put in roth ira..once roth is maxed out then u can put remaining in ira

if no 401k then ira max then roth ira max