4O1-K investment

[user789]

Any cons in 4O1-K  investment ? People who are already investing suggestions ivandi...

[Hector8]

@Spartan

[AFDB__REBEL]

u cannot withdraw money, if u don so u have to pay penalty and even withdrawing is not that simple.
you need to show the proff why u want to withdraw and it has to fit their terms and conditions.

basically u get wt u put if u withdraw early

[user789]

39 minutes ago, AFDB__REBEL said:

u cannot withdraw money, if u don so u have to pay penalty and even withdrawing is not that simple.
you need to show the proff why u want to withdraw and it has to fit their terms and conditions.

basically u get wt u put if u withdraw early

mana desam velthe..apudu kuda withdrway cheyacho kada  before or after retirement ?

every yr kontha amount withdraw chesthe...antha taxes unadavu kada..even with 10% penalty, do we still save more than paying taxes and saving upfront?

[Spartan]

search old threads man... no time to retype same stuff...

[macha]

see if you want to stay here in us I would say its worth for 401k and it will add up huge overtime for your retirment... if your going back to India in 10 years then its waste of money....

[user789]

34 minutes ago, macha said:

see if you want to stay here in us I would say its worth for 401k and it will add up huge overtime for your retirment... if your going back to India in 10 years then its waste of money....

ipudu/future 1mmigration ela untadi telidhu...ikkada untam-leda no gurantee.....mana desam velaka kuda retirement tarvatha teekunte..apudu no disa-advantage kada?

[Hector8]

59 minutes ago, Spartan said:

search old threads man... no time to retype same stuff...

oka doubt .... monna ma office lo edo stocks gurinchi matladuthunnaru 

401k stocks lo mandatory ga pettala .... edo stocks padipoyay mana money bokka .... ala ala matladaru

 

[AFDB__REBEL]

46 minutes ago, macha said:

see if you want to stay here in us I would say its worth for 401k and it will add up huge overtime for your retirment... if your going back to India in 10 years then its waste of money....

why do u want to take out money when u go to india bro...just keep it here

when u tun 65 u can withdraw...appudu daka dollar vs ruppe imagine...u will get lot more

[Spartan]

18 minutes ago, Hector8 said:

oka doubt .... monna ma office lo edo stocks gurinchi matladuthunnaru 

401k stocks lo mandatory ga pettala .... edo stocks padipoyay mana money bokka .... ala ala matladaru

 

mutual funds lo vade pettukuntadu....

[AFDB__REBEL]

Just now, Spartan said:

mutual funds lo vade pettukuntadu....

u can shuffle the % also

[Spartan]

Just now, AFDB__REBEL said:

u can shuffle the % also

yes. i put 90 stocks, 10 bonds....  both retirement funds. (mandatory a adigite...no ani seppa..)

[macha]

23 minutes ago, AFDB__REBEL said:

why do u want to take out money when u go to india bro...just keep it here

when u tun 65 u can withdraw...appudu daka dollar vs ruppe imagine...u will get lot more

you can take out but you have to pay taxes + 10% penealty adey nuvu India lo time on time fd chesukuntey no issues kada...

[Hector8]

7 minutes ago, Spartan said:

mutual funds lo vade pettukuntadu....

avi loss lo velthe mana funds kuda loss ki velthaya 

[Spartan]

6 minutes ago, Hector8 said:

avi loss lo velthe mana funds kuda loss ki velthaya 

obvious