ManchiDonga Posted March 7, 2018 Report Posted March 7, 2018 41 minutes ago, Rushabhi said: IRA teesuko same concept but max is 5500 per year per person Can we take IRA outside without employer? tax deductions ki eligible ha standard lo ? Quote
Spartan Posted March 7, 2018 Report Posted March 7, 2018 28 minutes ago, ManchiDonga said: Can we take IRA outside without employer? tax deductions ki eligible ha standard lo ? yes, IRA ki employer ki no relation in case of IRA 5500 max per person Quote
gilakkai Posted June 26, 2018 Report Posted June 26, 2018 6 yrs , 85k join ayyina 1 year contribute cheyyala..deeni value teliyaka Quote
Simple123 Posted June 26, 2018 Report Posted June 26, 2018 22 minutes ago, gilakkai said: 6 yrs , 85k join ayyina 1 year contribute cheyyala..deeni value teliyaka same punch . first 3 yrs no contribution. 6 yrs --> 125k Quote
nokia123 Posted June 26, 2018 Report Posted June 26, 2018 52 minutes ago, Simple123 said: same punch . first 3 yrs no contribution. 6 yrs --> 125k same pinch...first 2 years enroll kaale... 6 years -> 100K.. Quote
Spartan Posted June 26, 2018 Report Posted June 26, 2018 Just now, nokia123 said: same pinch...first 2 years enroll kaale... 6 years -> 100K.. 100K is good rate of return.. Quote
Simple123 Posted June 26, 2018 Report Posted June 26, 2018 58 minutes ago, Spartan said: 100K is good rate of return.. rate of return kadu babu. u contribute 18k + employer match .+ rate of return 8% . Quote
Optimus654 Posted June 27, 2018 Report Posted June 27, 2018 2.5 years 90k. Employer matches 100% on the first 5%. Also gives 2% extra every year. So 7%. maxing is always better to avoid taxes and have a retirement nest. Also , if plan permits, you can take loans from your 401k . You will be paying back to your own account but with interest. Prime rate +1% . Downside is you will lose any growth that money could have achieved . But let’s admit this year and next will be very volatile . So not a bad time to take loan . Quote
Rushabhi Posted June 27, 2018 Report Posted June 27, 2018 47 minutes ago, Optimus654 said: 2.5 years 90k. Employer matches 100% on the first 5%. Also gives 2% extra every year. So 7%. maxing is always better to avoid taxes and have a retirement nest. Also , if plan permits, you can take loans from your 401k . You will be paying back to your own account but with interest. Prime rate +1% . Downside is you will lose any growth that money could have achieved . But let’s admit this year and next will be very volatile . So not a bad time to take loan . Employer name please Quote
Run Posted June 27, 2018 Report Posted June 27, 2018 On 2/27/2018 at 5:54 PM, Spartan said: for example.... u put 5K before tax, end of the year employer matches 4K(this varies by company to company) to ur account. now account value 9K which vanguard or fidelity like companies invest in shares bonds and funds and get returns added to ur account. u take that money after 59.5 years age and pay regular tax. if early withdrawl..u pay tax +10% penalty ikkkada mana company and vanguard or fidelity like companies tie up untadha? they control the money in our account and invest where ever they want? what if there is a loss in their investment manak bokka na Quote
Spartan Posted June 28, 2018 Report Posted June 28, 2018 10 hours ago, Run said: ikkkada mana company and vanguard or fidelity like companies tie up untadha? they control the money in our account and invest where ever they want? what if there is a loss in their investment manak bokka na yes if u r fte companies usually tie up with fund management companies like vanguard, fidelity etc.. yeah vallu manage chestaru...loss aite bokke... Quote
jays02 Posted June 28, 2018 Report Posted June 28, 2018 When you guys are moving from company to company, how you are managing tax benefited savings? Keeping the old company accounts or move the amounts to bank IRA accounts or any other best option? Quote
Chakram12 Posted June 28, 2018 Report Posted June 28, 2018 On 2/28/2018 at 2:54 PM, Chakram12 said: 60K 6% employee contribution 2.5years 70K so far Quote
lingam.mama Posted June 28, 2018 Report Posted June 28, 2018 age 20s lo vunnappudu start chesthe 60 years ki multi millions avuthaai... 15% of salary ni regular gaa prathi pay check nundi 401k ki (roth option vunte roth ki) deposit cheyandi... mee salary 85% anukoni brathakandi... yee vishayalu cheppe vaallu leka chaala mandhi ind ki pothe ela ani chetha doubts tho invest cheyaru... meeku correct gaa results telvaali ante 10 yrs continue gaa invest chesthe daani prathaapam telusthundhi 20s lo vunnaam manaki ippude retirement gurnichi alochana endhi ani chetha alochanalu theeseyandi... 401k nundi loans theesukokandi...unless inka chasthaam ante tappinchi 1 Quote
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