401 k ,roth,

[SNOW_MEGA]

maa employer 401 k support cheyadu, what if we need to have , can we enroll 401 dowe have any thing like that 

[usetime63]

can we enroll 401 dowe have any thing like that   ??

what you asking man ?

[Spartan]

yes u can have even if ur employer doesnt match it ..u can put 18K in 401K before taxes

[Vasthad]

9 minutes ago, Spartan said:

yes u can have even if ur employer doesnt match it ..u can put 18K in 401K before taxes

manaku  employer pay run chesthadu ga , mari 401K  after taxes mana bank lo nuchi pay cheyala

[Spartan]

10 minutes ago, Vasthad said:

manaku  employer pay run chesthadu ga , mari 401K  after taxes mana bank lo nuchi pay cheyala

nuvvu account open chesinappudu, i think Vangaurd will check with ur payroll runner,

deduct avvataniki munde teskuntadu.

 

or you take all amount post tax, and then u xfer it to Vangaurd account.year end ki tax filing appudu vapas vastai..anukunta not sure.

u can talk to vangaurd or fidelity etc. they will let u know

[Vasthad]

4 minutes ago, Spartan said:

nuvvu account open chesinappudu, i think Vangaurd will check with ur payroll runner,

deduct avvataniki munde teskuntadu.

 

or you take all amount post tax, and then u xfer it to Vangaurd account.year end ki tax filing appudu vapas vastai..anukunta not sure.

u can talk to vangaurd or fidelity etc. they will let u know

thank you , i will try 

[Merabharathmahan]

Fulltime job lekapothe vaddu man. H1 meeda ilantivi vaddu unless ur income is more like more than $150k (if married both husband n wife together). Tax bracket ekkuvithe chudu otherwise no. 

ivanni locked type. 60 years age kanna mundu withdraw chesukovalante 10% penalty potadi. india madya lo vellipothe malli ado process ee dabbulu theesukovadaniki. 

[Spartan]

33 minutes ago, Merabharathmahan said:

Fulltime job lekapothe vaddu man. H1 meeda ilantivi vaddu unless ur income is more like more than $150k (if married both husband n wife together). Tax bracket ekkuvithe chudu otherwise no. 

ivanni locked type. 60 years age kanna mundu withdraw chesukovalante 10% penalty potadi. india madya lo vellipothe malli ado process ee dabbulu theesukovadaniki. 

agree..FT lo kuda employer matching untene best. endukante that 10% penalty will be covered by Employer matching at the end of the day logically.

like if u put 6K per yr, and employer matches 4K, u will have 10K in ur account

then when u try to withdraw early u need to pay 28%+ 10% penalty (assuming 28% bracket) so 3.8K kadtav tax +penalty.

u will have ur own 6K tax free in such scenarios.

 

matching lekapote petti waste.

[Merabharathmahan]

20 minutes ago, Spartan said:

agree..FT lo kuda employer matching untene best. endukante that 10% penalty will be covered by Employer matching at the end of the day logically.

like if u put 6K per yr, and employer matches 4K, u will have 10K in ur account

then when u try to withdraw early u need to pay 28%+ 10% penalty (assuming 28% bracket) so 3.8K kadtav tax +penalty.

u will have ur own 6K tax free in such scenarios.

 

matching lekapote petti waste.

Yes employer matching lekunte h1 contracting meeda 401k waste. inka tax bracket kooda less unte waste. always money ready ga undali withdraw or transfer chesukovadaniki without any conditions when we r in un certain visa n job. 

[iTeachSAP]

You still have to pay 10% penality even thogh you lost your lawful presence. 

Dont invest here , invest in india.. 

[tokkalogola]

401k bokka bro... unless you have lot of income (Tax bracket lu mare antha)

[JollyBoy]

7 hours ago, Spartan said:

yes u can have even if ur employer doesnt match it ..u can put 18K in 401K before taxes

final ga india poyedapudu ee money vastaya

[phatposts]

As far as I know employer support cheyyaka pote 401K not possible. 

If you are paying lot in taxes you should seriously consider possible tax deferred options. Individual IRA is possible up to $5500 every year per person. You can contribute to IRA even after the year is completed. For eg, 2016 IR A contributions ki deadline is April 17, 2017.

 

 

[jailokesh]

8 hours ago, SNOW_MEGA said:

maa employer 401 k support cheyadu, what if we need to have , can we enroll 401 dowe have any thing like that 

Mutual funds evo untayi konni  better than 401k

will post more details tomorow 

[zoolakataka_14]

7 hours ago, Spartan said:

agree..FT lo kuda employer matching untene best. endukante that 10% penalty will be covered by Employer matching at the end of the day logically.

like if u put 6K per yr, and employer matches 4K, u will have 10K in ur account

then when u try to withdraw early u need to pay 28%+ 10% penalty (assuming 28% bracket) so 3.8K kadtav tax +penalty.

u will have ur own 6K tax free in such scenarios.

 

matching lekapote petti waste.

@Spartan agree..but matching lekapoina 401k lo pettadame best. because straight away you are saving a lot in taxes.