401 k contributi0n he!p

[nijamena]

1 hour ago, r2d2 said:

401k loan is a very bad option and should absolutely be your last resort..

+1. Why do you want to pay interest for your own money?

[nijamena]

1 hour ago, Thingarodu said:

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

+1. Same strategy.

[Tellugodu]

22 minutes ago, nijamena said:

+1. Why do you want to pay interest for your own money?

Bayata lending club vadu 30 APR teskuntunadu, it’s better to pay interest for own money compared to 30 APR. it’s only my case as I screwed my credit score but I think 401k loan interest is very minimal compared to other options.

[Popkatapetapotapulti]

5 hours ago, Thingarodu said:

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

 

4 hours ago, WigsandThighs said:

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

 

4 hours ago, r2d2 said:

401k loan is a very bad option and should absolutely be your last resort..

thanks all for the inputs...