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What tax percentage been calculated for bonus


abulu

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16 minutes ago, krrish said:

What do you mean by penalty free? You mean the pandemic situation? Any amount withdrawn prior to retirement needs to go through a penalty, right?

 

is 30k the maximum you can withdraw per year with the nominal 10% tax?

 

anna ipppudu job chestunnavani nuvvu 150K meeda 22 federal + 7% state tax kadtunnav.

repoddune retire ainanka..150K sampdincha galava.?

u depend on 401K.. appudu u might not need 150 entirely ..u take 100K lets say..

a 100K meeda nuvvu tax kattedi 20% max..due to age bar..

so u r paying less tax on it right...inkem kaval.

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42 minutes ago, krrish said:

What is the advantage of maximizing 401k? Is this because you get a better rate of return by the time you retire? You have to pay taxes anyway on the money you receive from 401k later on….am I missing anything?

ee Q adigav ante - neeku long term investments meeda peddaga ishtam ledu anipistondi. not only you, many people are like that.

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44 minutes ago, Spartan said:

anna ipppudu job chestunnavani nuvvu 150K meeda 22 federal + 7% state tax kadtunnav.

repoddune retire ainanka..150K sampdincha galava.?

u depend on 401K.. appudu u might not need 150 entirely ..u take 100K lets say..

a 100K meeda nuvvu tax kattedi 20% max..due to age bar..

so u r paying less tax on it right...inkem kaval.

Okay, point taken to some extent

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37 minutes ago, phatposts said:

ee Q adigav ante - neeku long term investments meeda peddaga ishtam ledu anipistondi. not only you, many people are like that.

Ala emi ledu baa…just trying to understand…DB pedhalu gnanodayam chestaru edaina teliyakapote andukani adiga

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3 hours ago, krrish said:

Ala emi ledu baa…just trying to understand…DB pedhalu gnanodayam chestaru edaina teliyakapote andukani adiga

ikkada gnanodayam kanna, youtube lo explain chesinavi choodu first. overall idea vachaka specific Qs unte adugu. 

ivanni kaadu ante fees-only advisors untaru, hire them. it will be the best investment of your life. 

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On 1/24/2022 at 11:25 PM, abulu said:

Employer manaki bonus format iche money calculated on 30% or 33% or 40% flat??

40% pothundi bro, but end lo neku 10 to 15% tax returns lo vasthundi

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21 minutes ago, abulu said:

Avi ravu antunare

evadu cheppadu kaka, vadiki payslips chuddam rada or w2 artham kada. aa pay slip lo Fed tax and state income tax entha cut ayindo chusukomanu. Final tax returns file chese appudu extra percentage tho chudaru. 22% tho ne chustharu. Appudu return vasthai. 

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