JabardasthJakkanna Posted December 30, 2015 Report Posted December 30, 2015 401K entha percentage peduthey better ... .. My employer matching same percentage as mine.... Ur employer is matching same as ur's? Great. Check with your employer till how much % will they match. Put at least 10% it's GOOD to save. If you have ROTH 401K and you are planning to be here for long time then save in that one.
JabardasthJakkanna Posted December 30, 2015 Report Posted December 30, 2015 Manam after30-35 yrs ekada untamo telidu Emana use unda 401k tho It's like saving your money. You can withdraw whenever you want with some penalty and tax cuts, but still it's worth saving.
vatchesa Posted December 30, 2015 Report Posted December 30, 2015 It's like saving your money. You can withdraw whenever you want with some penalty and tax cuts, but still it's worth saving. Penalty enta undochu Employer gadu match chese price kanna ekuva untada
bmw335 Posted December 30, 2015 Report Posted December 30, 2015 Manam after30-35 yrs ekada untamo telidu Emana use unda 401k tho Appaudu better to Fund 401K with exact Employer matched amt.. Penality 40% dhaaka undocchu .. kaani still better deal e.. Lets suppose 100$ anuko for 5% match of ur salary.. ur employer matches inko 100.. So 200 to 401k.. madhyalo teeste 40% approx penality anuko - Still 120$ vastaai and inka ekkuve ravocchu since dey invest dat money on some stocks/mutual funds.. adhi nuvvu kuda manage chesukovacchu... adhe em veyyale anuko.. 100$ ki 30% approx tax cut ayyi - Hand ki 70$ vastadhi... So its always better to use 401k benefit... ikkade untga mostly anukunte 10% dhaaka pedithe better to skip taxes.. doubt unte just make use of ur employer contribution.. Free Money maa donn waste them...
vatchesa Posted December 30, 2015 Report Posted December 30, 2015 Appaudu better to Fund 401K with exact Employer matched amt.. Penality 40% dhaaka undocchu .. kaani still better deal e.. Lets suppose 100$ anuko for 5% match of ur salary.. ur employer matches inko 100.. So 200 to 401k.. madhyalo teeste 40% approx penality anuko - Still 120$ vastaai and inka ekkuve ravocchu since dey invest dat money on some stocks/mutual funds.. adhi nuvvu kuda manage chesukovacchu... adhe em veyyale anuko.. 100$ ki 30% approx tax cut ayyi - Hand ki 70$ vastadhi... So its always better to use 401k benefit... ikkade untga mostly anukunte 10% dhaaka pedithe better to skip taxes.. doubt unte just make use of ur employer contribution.. Free Money maa donn waste them... Thanks mayya
tables Posted December 30, 2015 Report Posted December 30, 2015 Manam after30-35 yrs ekada untamo telidu Emana use unda 401k tho Ekkada unte enti? India lo unna you will get that money back.
mindless Posted December 30, 2015 Report Posted December 30, 2015 Appaudu better to Fund 401K with exact Employer matched amt.. Penality 40% dhaaka undocchu .. kaani still better deal e.. Lets suppose 100$ anuko for 5% match of ur salary.. ur employer matches inko 100.. So 200 to 401k.. madhyalo teeste 40% approx penality anuko - Still 120$ vastaai and inka ekkuve ravocchu since dey invest dat money on some stocks/mutual funds.. adhi nuvvu kuda manage chesukovacchu... adhe em veyyale anuko.. 100$ ki 30% approx tax cut ayyi - Hand ki 70$ vastadhi... So its always better to use 401k benefit... ikkade untga mostly anukunte 10% dhaaka pedithe better to skip taxes.. doubt unte just make use of ur employer contribution.. Free Money maa donn waste them... penalty is not 40%, its 10%. But you have to pay tax. That tax is depends on your income bracket. But I agree with your other stuff.
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