Popkatapetapotapulti Posted July 7, 2019 Report Posted July 7, 2019 entha chestaru meeru per pay check? do you contribute X amount to get a full match from your employer? lets say company matches 50% up to 10k anuko...20k contribute chestara per year? Quote
changure Posted July 7, 2019 Report Posted July 7, 2019 max amount you can contribute is 18500 this year. It is better to maximum from employer provided you can afford to contribute 18500 per year. Quote
Scada Posted July 7, 2019 Report Posted July 7, 2019 bro neku oka booklet istaru 401k gurinchi adi chaduv..dantlo anni clear ga untai..like nun enta % contribute chesthe vallu entha contribute chestaru ala..contribution varies from company to company Quote
nijamena Posted July 7, 2019 Report Posted July 7, 2019 15 minutes ago, changure said: max amount you can contribute is 18500 this year. It is better to maximum from employer provided you can afford to contribute 18500 per year. it is 19k this year. Quote
InSearch Posted July 7, 2019 Report Posted July 7, 2019 44 minutes ago, Popkatapetapotapulti said: entha chestaru meeru per pay check? do you contribute X amount to get a full match from your employer? lets say company matches 50% up to 10k anuko...20k contribute chestara per year? contribute to take advantage of employer's contribution.. actual numbers chepthe we can answer better.. in your case, year 20k per year if employer contributes 10k.. Quote
Spartan Posted July 7, 2019 Report Posted July 7, 2019 evadi salary and requirements ni batti anta contribute cheskuntaru.. ur qn is very generic... thumb rule,,,minimum contribution is better to contribute upto ur employer matching Quote
kothavani Posted July 7, 2019 Report Posted July 7, 2019 2 hours ago, Popkatapetapotapulti said: entha chestaru meeru per pay check? do you contribute X amount to get a full match from your employer? lets say company matches 50% up to 10k anuko...20k contribute chestara per year? Naku 6 percent ki 6 percent match bro I contribute till the match , but most of my friends max out , people suggest always max out you will get tax break and also it is very useful to take 50 percent during home buying if you have enough cash rotation always contribute max Quote
Popkatapetapotapulti Posted July 7, 2019 Author Report Posted July 7, 2019 2 hours ago, Scada said: bro neku oka booklet istaru 401k gurinchi adi chaduv..dantlo anni clear ga untai..like nun enta % contribute chesthe vallu entha contribute chestaru ala..contribution varies from company to company vallu 50% contribute chestaru upto max of 9250...so to get full match you have to contribute 18500 Quote
Popkatapetapotapulti Posted July 7, 2019 Author Report Posted July 7, 2019 2 hours ago, InSearch said: contribute to take advantage of employer's contribution.. actual numbers chepthe we can answer better.. in your case, year 20k per year if employer contributes 10k.. round figure chepthe easy ani ala chepa...anyway it is close to the actual numbers heres the numbers vallu 50% contribute chestaru upto max of 9250...so to get full match you have to contribute 18500 Quote
Popkatapetapotapulti Posted July 7, 2019 Author Report Posted July 7, 2019 27 minutes ago, kothavani said: Naku 6 percent ki 6 percent match bro I contribute till the match , but most of my friends max out , people suggest always max out you will get tax break and also it is very useful to take 50 percent during home buying if you have enough cash rotation always contribute max not sure home buying is on the list yet(provided if i w@nt to st@y in th!s country) so thinking Quote
Popkatapetapotapulti Posted July 7, 2019 Author Report Posted July 7, 2019 2 hours ago, Spartan said: evadi salary and requirements ni batti anta contribute cheskuntaru.. ur qn is very generic... thumb rule,,,minimum contribution is better to contribute upto ur employer matching no hard end rule to save at the moment..home buying may be 1 yr lo decide avali depending on if we st@y in th!s country or not Quote
Thingarodu Posted July 7, 2019 Report Posted July 7, 2019 I would suggest to max out on 401k contribution.. nuvvu india ki move ayyaka withdraw cheste lower tax bracket lo padtavu (depends on how much you withdraw) and taxes less pay chestav with 10% penality Quote
r2d2 Posted July 7, 2019 Report Posted July 7, 2019 1 hour ago, kothavani said: also it is very useful to take 50 percent during home buying 401k loan is a very bad option and should absolutely be your last resort.. Quote
WigsandThighs Posted July 7, 2019 Report Posted July 7, 2019 Contribute maximum u can and Incase if u withdraw after say 3 years u will have at least $50k after taxes, which many people cannot save by their own Quote
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