Mutual funds suggestions

[Rajugadu]

1 minute ago, Pumpuhaar said:

bank lo unte em ostadi less than 1% interest ostadi....Roth lo unte u can invest in mutual funds.

tax eppudu pay chestaav? oka vela neek MF ammi profits early ga withdraw cheskunte daani meeda tax kadataav...lekapothe enduk kadataav? 

 

 

Agreed, but Indian banks lo 7%..

Got your point on tax.. 

eppudu chitti uncle ROTH chesko annadu nv contracting ani as ur employer does not match..

say some one who is a FTE and employer does a 401k match appudu ROTH or 401k does not matter right??

 

 

[former]

32 minutes ago, Spartan said:

no employer matching --> no 401K   thumb rule..

ROTH IRA will be better for consulting guys.. put 5500 every year..after tax..

and any gains on top of them are tax free..

+11111111

401K or ROTH IRA....

[Amrita]

5 minutes ago, Pumpuhaar said:

ochinaava....endi nee sons kastapedtunaara ninnu  

No Rey inka Vallu putta ley . Btw one son Arhaus one daughter ananya and inkollu gender inka teledu . 

 

[former]

1 minute ago, Rajugadu said:

Agreed, but Indian banks lo 7%..

Got your point on tax.. 

eppudu chitti uncle ROTH chesko annadu nv contracting ani as ur employer does not match..

say some one who is a FTE and employer does a 401k match appudu ROTH or 401k does not matter right??

 

 

if u FTE, you can open ROTH IRA even though you have 401k. 

ROTH IRA make sense. You can withdraw actual investemsts after 4 investments without any penalty.

[Pumpuhaar]

2 minutes ago, Rajugadu said:

Agreed, but Indian banks lo 7%..

Got your point on tax.. 

eppudu chitti uncle ROTH chesko annadu nv contracting ani as ur employer does not match..

say some one who is a FTE and employer does a 401k match appudu ROTH or 401k does not matter right??

 

 

You can have both since Roth is after taxes...and 401K is pre tax money

[Pumpuhaar]

2 minutes ago, Amrita said:

No Rey inka Vallu putta ley . Btw one son Arhaus one daughter ananya and inkollu gender inka teledu . 

 

nen adigedi a pakka taadu lo sons gurinchi 

[Rajugadu]

2 minutes ago, former said:

if u FTE, you can open ROTH IRA even though you have 401k. 

ROTH IRA make sense. You can withdraw actual investemsts after 4 investments without any penalty.

Ahh okay I didn’t know even a ft can open IRA ROTH account 

[Pumpuhaar]

5 minutes ago, former said:

ROTH IRA lo you can withdraw some money without penalty before 59.

only if you did not made profits from MFs or ETFs

[Amrita]

Just now, Pumpuhaar said:

nen adigedi a pakka taadu lo sons gurinchi 

Mommy ane Mata ni brashutu pattinchina @Spartan

Na tappu em ledu sumiiii 

[Rajugadu]

3 minutes ago, Pumpuhaar said:

You can have both since Roth is after taxes...and 401K is pre tax money

Malli after taxes enti? Cant i transfer my 401k money to ROTH ba?

[Pumpuhaar]

Just now, Amrita said:

Mommy ane Mata ni brashutu pattinchina @Spartan

Na tappu em ledu sumiiii 

nagara pourulu soostunaaru

[Pumpuhaar]

2 minutes ago, Rajugadu said:

Malli after taxes enti? Cant i transfer my 401k money to ROTH ba?

No, I dont think you can transfer from 401k to Roth

Roth after taxes contribute chestaav man

[Rajugadu]

Just now, Pumpuhaar said:

No, I dont think you can transfer from 401k to Roth

Now it makes complete sense..thanks much appreciated..

[Amrita]

2 minutes ago, Pumpuhaar said:

nagara pourulu soostunaaru

Niku telusu kada Nenu elantidanino evarem anukunte enti cheppu .. only you matter for me Rest picha light  

[Pumpuhaar]

1 minute ago, Amrita said:

Niku telusu kada Nenu elantidanino evarem anukunte enti cheppu .. only you matter for me Rest picha light  

soostunna soostunna anni observe chestunna..