Spartan Posted November 21, 2015 Author Report Posted November 21, 2015 weekly pay ah ? If so 630*2*4=5040 CA lo ela bathukutunav ah pay tho :o Ah amount tho malli house konta ani kuda antunav ;) how ya Aina US lo settle autham ante thapa 401k lo invest cheyatam dhandaga weekly endi...bi-weekly pay adi....(only for 3 pay checks ) a amount vastadi...rest of teh times net pay is 1850. coming to 401K....nenu 6K pedite employer will put 4.5K for me.. so nenu 6K vesananuko..my account = 10.5K retire avvakamundu teseskunte Fed tax+10% penalty = 35% 10.5K lo 35% teseste = 6.5 something untadi....i will not be at loss.. also add more if u invest that money in stocks...a profit is also same tax rate. loss emi undadu
perugu_vada Posted November 21, 2015 Report Posted November 21, 2015 weekly endi...bi-weekly pay adi....(only for 3 pay checks ) a amount vastadi...rest of teh times net pay is 1850. coming to 401K....nenu 6K pedite employer will put 4.5K for me.. so nenu 6K vesananuko..my account = 10.5K retire avvakamundu teseskunte Fed tax+10% penalty = 35% 10.5K lo 35% teseste = 6.5 something untadi....i will not be at loss.. also add more if u invest that money in stocks...a profit is also same tax rate. loss emi undaduwith family ah pay tho els sustain autunav ca lo :o
Chakram12 Posted November 21, 2015 Report Posted November 21, 2015 net pay 630$ vachindi.... same here 1300$ vachindhi. nuvu eputanicho fulltime kada, not contributing from day one, maximum per year 18000$ kada
Chakram12 Posted November 21, 2015 Report Posted November 21, 2015 weekly endi...bi-weekly pay adi....(only for 3 pay checks ) a amount vastadi...rest of teh times net pay is 1850. coming to 401K....nenu 6K pedite employer will put 4.5K for me.. so nenu 6K vesananuko..my account = 10.5K retire avvakamundu teseskunte Fed tax+10% penalty = 35% 10.5K lo 35% teseste = 6.5 something untadi....i will not be at loss.. also add more if u invest that money in stocks...a profit is also same tax rate. loss emi undadu vuncle do you recommend maximum contribution every year $18000. new bee to 401K, this year only working 3 months. contributing 50% pay check, which will come around 18000$. one of friend is telling cash is always good, don;t contribute that much, whats ur take
Spartan Posted November 21, 2015 Author Report Posted November 21, 2015 with family ah pay tho els sustain autunav ca lo :o gadustundi elago...
Spartan Posted November 21, 2015 Author Report Posted November 21, 2015 vuncle do you recommend maximum contribution every year $18000. new bee to 401K, this year only working 3 months. contributing 50% pay check, which will come around 18000$. one of friend is telling cash is always good, don;t contribute that much, whats ur take me employer matching ayyenta varaku pettu...chaalu that is basic... if u are single...contribute more...so that u will fall under lesser tax bracket... single/married -- and ne base pay cheppu... alage employer enta match chestunnaod chepte..cheppochu enta pettali ani
Raja123 Posted November 21, 2015 Report Posted November 21, 2015 me employer matching ayyenta varaku pettu...chaalu that is basic... if u are single...contribute more...so that u will fall under lesser tax bracket... single/married -- and ne base pay cheppu... alage employer enta match chestunnaod chepte..cheppochu enta pettali ani he is married with 2kids
rikki Posted November 21, 2015 Report Posted November 21, 2015 50% paychek bi weekly ne na? ne biweekly pay check entha brother range chepu saalu not exact
tables Posted November 21, 2015 Report Posted November 21, 2015 vuncle do you recommend maximum contribution every year $18000. new bee to 401K, this year only working 3 months. contributing 50% pay check, which will come around 18000$. one of friend is telling cash is always good, don;t contribute that much, whats ur take india lo 3% interest ki tippe ability, capacity unte , 401k lite ani naa peeling. cant generalise ...maa vadu okadu nellor lo sestunnadu... almost 25L market lo tiputunnadu...vaadu septe vinna...no personal exp though.
Spartan Posted November 21, 2015 Author Report Posted November 21, 2015 50% paychek bi weekly ne na? ne biweekly pay check entha brother range chepu saalu not exact gross 3600 net- 1850 something.
Spartan Posted November 21, 2015 Author Report Posted November 21, 2015 india lo 3% interest ki tippe ability, capacity unte , 401k lite ani naa peeling. cant generalise ...maa vadu okadu nellor lo sestunnadu... almost 25L market lo tiputunnadu...vaadu septe vinna...no personal exp though. already okadu 7Laks teskon 10gesadu...ala anukune... no more money giving to even friends..
Chakram12 Posted November 21, 2015 Report Posted November 21, 2015 vuncle do you recommend maximum contribution every year $18000. new bee to 401K, this year only working 3 months. contributing 50% pay check, which will come around 18000$. one of friend is telling cash is always good, don;t contribute that much, whats ur take base 120K, this year income 125K, single, not depending 100% on pay check. so contributing 18k so that I can pay tax on only 107K. employer contribution starts after year, joined company month ago.
Chakram12 Posted November 21, 2015 Report Posted November 21, 2015 india lo 3% interest ki tippe ability, capacity unte , 401k lite ani naa peeling. cant generalise ...maa vadu okadu nellor lo sestunnadu... almost 25L market lo tiputunnadu...vaadu septe vinna...no personal exp though. ok , good info
Spartan Posted November 21, 2015 Author Report Posted November 21, 2015 base 120K, this year income 125K, single, not depending 100% on pay check. so contributing 18k so that I can pay tax on only 107K. employer contribution starts after year, joined company month ago. full pettyeadame..deductions ponu 95k ki kadtav tax
Chakram12 Posted November 21, 2015 Report Posted November 21, 2015 full pettyeadame..deductions ponu 95k ki kadtav tax what do u mean by full, IRS fines if we contribute more than 18K. I am not sure how you came to 95K. I am getting 125-18=107K. my company not allowing more than 50% pay to contribute .
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