———

[Merabharathmahan]

————

[cryptokababs]

ltt

[bhaigan]

1 hour ago, Merabharathmahan said:

News lo edo vastundi. Future lo 401k nundi vache dabbulu shortage ayi bankruptcy ayye chances untaya. Govt. Khazana lo dabbulu ayipothe anthe. Manam contribute chesina dabbulu poyinattena. Already social security taxes bucket ki kooda same shortage undani annaru previously.  

Even I have same doubt

[solman]

SSN benefits ayite bokka ani @Spartan cheppadu gaa eppudo

401K kooda naa 

[Hitman]

Just now, bhaigan said:

Even I have same doubt

By 2046 December USA = GREECE 

[Roll_Tide]

visting ki ochina desi parents kuda baaga 

[cryptokababs]

ala ela teesukuntaru mana money? manam save chesukunnadey kada aa money

 

ela control vuntundi govt ki?

[Spartan]

2 hours ago, Merabharathmahan said:

News lo edo vastundi. Future lo 401k nundi vache dabbulu shortage ayi bankruptcy ayye chances untaya. Govt. Khazana lo dabbulu ayipothe anthe. Manam contribute chesina dabbulu poyinattena. Already social security taxes bucket ki kooda same shortage undani annaru previously.  

 

1 hour ago, solman said:

SSN benefits ayite bokka ani @Spartan cheppadu gaa eppudo

401K kooda naa 

change the title..

its not 401K ...its SSN money...

401K ni Govt touch cheyadu..its in the hands of Financial Institute...unless u have done some tax fraud on IRS.

401k nuvvu save chesedi.. fin inst will invest and get returns for you.

whereas SSN money is u save for future withdrawal..and employer contributes to ur SSN 7% something upto 110K salary. (dont know the exact figure) ...idi Govt control chestadi...

we might run out of that money... reasons..

people are living longer, and drawing out more at rapid pace...immigrants and IT field lo pani chesi contribute chestunna money ni mingi dobbutunnar ..

 

[solman]

9 minutes ago, Spartan said:

 

change the title..

its not 401K ...its SSN money...

401K ni Govt touch cheyadu..its in the hands of Financial Institute...unless u have done some tax fraud on IRS.

401k nuvvu save chesedi.. fin inst will invest and get returns for you.

whereas SSN money is u save for future withdrawal..and employer contributes to ur SSN 7% something upto 110K salary. (dont know the exact figure) ...idi Govt control chestadi...

we might run out of that money... reasons..

people are living longer, and drawing out more at rapid pace...immigrants and IT field lo pani chesi contribute chestunna money ni mingi dobbutunnar ..

 

401K laga money withdraw cheseukune option emina undha sitti SSN danki kooda??

@Spartan

[desiboys]

Social security money ki emi kadu. retirement age limit penchutharu anthe.

401k govt touch cheyyaledu

[Spartan]

10 minutes ago, solman said:

401K laga money withdraw cheseukune option emina undha sitti SSN danki kooda??

@Spartan

thread vesa kada monna..

if ur going to India for good and give in writing that u will never come back to US..

u can withdraw whole SSN money...but catch is u need to have 40 credits.

a 40 credits ravali ante u need to work for atleast 10 years with salary required to get credits..

max credits u gain per year is 4...

[changure]

4 minutes ago, Spartan said:

thread vesa kada monna..

if ur going to India for good and give in writing that u will never come back to US..

u can withdraw whole SSN money...but catch is u need to have 40 credits.

a 40 credits ravali ante u need to work for atleast 10 years with salary of 100K or more..

max credits u gain per year is 4...

you are right about the 40 credits. However, there is no such rule like you need to have 100k or more salary.

 

[Spartan]

5 minutes ago, changure said:

you are right about the 40 credits. However, there is no such rule like you need to have 100k or more salary.

 

yeah they have some credit award system..

1300$ salary unte u get 1 credit..per quarter

 

[summer27]

7 minutes ago, Spartan said:

thread vesa kada monna..

if ur going to India for good and give in writing that u will never come back to US..

u can withdraw whole SSN money...but catch is u need to have 40 credits.

a 40 credits ravali ante u need to work for atleast 10 years with salary of 100K or more..

max credits u gain per year is 4...

@Spartan..asalu withdraw option ledu kada..i did some research early this week (coincidence)..I didn't come across anything that says i can withdraw money lumpsum

[nuzvid_mamidikaya]

4 minutes ago, summer27 said:

@Spartan..asalu withdraw option ledu kada..i did some research early this week (coincidence)..I didn't come across anything that says i can withdraw money lumpsum

you can.