TechAdvice Posted August 29, 2018 Report Posted August 29, 2018 5 minutes ago, InSearch said: 10% ? 20% ? 18% max anukunta if u r in early ages Quote
Simple123 Posted August 29, 2018 Report Posted August 29, 2018 depends upon how much your company is contributing , depends upon your future plan. what is your base salary ? Max contribution : $18,500 from your side. Whats your tax bracket ? it is good to contribute full amount. depends upon your case Quote
Simple123 Posted August 29, 2018 Report Posted August 29, 2018 Just now, TechAdvice said: 10% max anukunta if u r in early ages the max amount for year is $18,500 . not % wise. unless your base salary is $185K , then its 10% 😃 Quote
Spartan Posted August 29, 2018 Report Posted August 29, 2018 Just now, Simple123 said: depends upon how much your company is contributing , depends upon your future plan. what is your base salary ? Max contribution : $18,500 from your side. Whats your tax bracket ? it is good to contribute full amount. depends upon your case +1 it varies from person to person Quote
InSearch Posted August 29, 2018 Author Report Posted August 29, 2018 8 minutes ago, Simple123 said: depends upon how much your company is contributing , depends upon your future plan. what is your base salary ? Max contribution : $18,500 from your side. Whats your tax bracket ? it is good to contribute full amount. depends upon your case 7 minutes ago, Spartan said: +1 it varies from person to person 80k and planning to go back to India in 3 years .. emplyer does put in 6% Quote
Spartan Posted August 29, 2018 Report Posted August 29, 2018 2 minutes ago, InSearch said: 80k and planning to go back to India in 3 years .. emplyer does put in 6% which state... if employer is contributing..blind rule...put the (full contribution-matching) amount in 401K extra, depends on ur needs and expenses.... PS: in my case i contribute full matching contribution..and invest rest (what ever i save) in stocks Quote
MeetFriendz Posted August 29, 2018 Report Posted August 29, 2018 18 minutes ago, Simple123 said: depends upon how much your company is contributing , depends upon your future plan. what is your base salary ? Max contribution : $18,500 from your side. Whats your tax bracket ? it is good to contribute full amount. depends upon your case Yee tax bracket yekada choodachu bhayaa? Quote
InSearch Posted August 29, 2018 Author Report Posted August 29, 2018 7 minutes ago, Spartan said: which state... if employer is contributing..blind rule...put the (full contribution-matching) amount in 401K extra, depends on ur needs and expenses.... PS: in my case i contribute full matching contribution..and invest rest (what ever i save) in stocks stocks ante bayamestundi bro and avasaram vachinappudu money teesestunna stocks nundi.. Amazon stocks unde, money avasaram undi few months back $1300 price unnappudu teesesina ippudu 2k ayyindi.. and stocks mental tension anipistundi kooda Quote
Spartan Posted August 29, 2018 Report Posted August 29, 2018 4 minutes ago, MeetFriendz said: Yee tax bracket yekada choodachu bhayaa? https://www.forbes.com/sites/robertberger/2017/12/17/the-new-2018-federal-income-tax-brackets-rates/#6008e14d292a after std deductions TS will fall under 12% tax bracket. Quote
Spartan Posted August 29, 2018 Report Posted August 29, 2018 2 minutes ago, InSearch said: stocks ante bayamestundi bro and avasaram vachinappudu money teesestunna stocks nundi.. Amazon stocks unde, money avasaram undi few months back $1300 price unnappudu teesesina ippudu 2k ayyindi.. and stocks mental tension anipistundi kooda Mutual Fund accounts lo pettei similar to 401k accounts... Quote
TensionNahiLeneka Posted August 29, 2018 Report Posted August 29, 2018 4 minutes ago, Spartan said: https://www.forbes.com/sites/robertberger/2017/12/17/the-new-2018-federal-income-tax-brackets-rates/#6008e14d292a ante suppose naaku 100k salary vundi anuko, and married filing jointlky ayite, 22% money 401k la veste, naa paisal naaku migulutaaya? konchem explain cheyyava please Quote
Lakhan Posted August 29, 2018 Report Posted August 29, 2018 5 minutes ago, TensionNahiLeneka said: ante suppose naaku 100k salary vundi anuko, and married filing jointlky ayite, 22% money 401k la veste, naa paisal naaku migulutaaya? konchem explain cheyyava please ltt Quote
Spartan Posted August 29, 2018 Report Posted August 29, 2018 10 minutes ago, TensionNahiLeneka said: ante suppose naaku 100k salary vundi anuko, and married filing jointlky ayite, 22% money 401k la veste, naa paisal naaku migulutaaya? konchem explain cheyyava please 5 minutes ago, Lakhan said: ltt let say ur salary is 100K. with std deduction rates, married filing jointly ( u and spouse) = 24K so ur AGI (annual gross income) = 100-24 = 76K a 76K lo lets say u move like 5K to 401, then ur AGI = 71K (assuming u dont have any other income from stocks etcc) 71K ki tax kadtav whcih falls in the below 12% range. 12% $19,051 to $77,400 Quote
Lakhan Posted August 29, 2018 Report Posted August 29, 2018 1 minute ago, Spartan said: let say ur salary is 100K. with std deduction rates, married filing jointly ( u and spouse) = 24K so ur AGI (annual gross income) = 100-24 = 76K a 76K lo lets say u move like 5K to 401, then ur AGI = 71K (assuming u dont have any other income from stocks etcc) 71K ki tax kadtav whcih falls in the below 12% range. 12% $19,051 to $77,400 child credits etla ba? Quote
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