US Interest return alternatives

[luckyj1]

17 minutes ago, BonguBooshanam said:

Private Equity eppudu vinaledhu

koncham risk kani $15% return with minimal risk.

[Manmada9]

4 minutes ago, BonguBooshanam said:

Interest pay cheyyali ikkada yes. I am okay with that. At least 0.01current interest rate kantey vachina interest medha tax kattina better kadha

Interest kadu babu tax

karma kali ni tax bracket increase ayithe a interest valana niku inka disco start

[BonguBooshanam]

2 minutes ago, papampasivadu said:

That's true..kattali..India lo bank manager tried to convince me last time that 1.5l kanna takkuva aythe avsaram ledhu amma and all...

But US rule aythe any amount will be added to your annual income here and tax bracket will be fixed accordingly. Already ikkada 6 figure salary aythe tax vaachipoddhi.

Yeah correct india lo there is some limit where you don't need to pay tax till that limit like 1 l or 1.5 lac. One more thing India Savings account ki interest baagane vasthundhi but difficult to get the money back to US which is why I am looking for NRE account deposits or investing here.

[BonguBooshanam]

4 minutes ago, papampasivadu said:

Bro..I'd rather suggest investing into your 401k accounts.

401k employer sponsor cheyyatledhu plus money bayataki thiyyalem kadha till retirement like if I want to down pay the amount if I buy a house in future.

[papampasivadu]

Just now, BonguBooshanam said:

Yeah correct india lo there is some limit where you don't need to pay tax till that limit like 1 l or 1.5 lac. One more thing India Savings account ki interest baagane vasthundhi but difficult to get the money back to US which is why I am looking for NRE account deposits or investing here.

NRE accounts fixed deposits ki US lo icche interest rate ee isthadu bro...Best thing is to invest in your retirement account (401k and IRA).

[papampasivadu]

Just now, BonguBooshanam said:

401k employer sponsor cheyyatledhu plus money bayataki thiyyalem kadha till retirement like if I want to down pay the amount if I buy a house in future.

Okay..open a regular brokerage account with Vanguard and invest in their s&p500 funds

 

[BonguBooshanam]

5 minutes ago, Manmada9 said:

Interest kadu babu tax

karma kali ni tax bracket increase ayithe a interest valana niku inka disco start

I agree kani max vachina oka 3-4K ki tax bracket change avthadhantava 

[Manmada9]

7 minutes ago, papampasivadu said:

Bro..I'd rather suggest investing into your 401k accounts.

+1

[Manmada9]

Just now, BonguBooshanam said:

I agree kani max vachina oka 3-4K ki tax bracket change avthadhantava 

tax bracket margin lo unte yes it will change

if you are ft just invest in 401k

u can take loan on your 401k if u r a first home buyer without apr

[BonguBooshanam]

2 minutes ago, papampasivadu said:

NRE accounts fixed deposits ki US lo icche interest rate ee isthadu bro...Best thing is to invest in your retirement account (401k and IRA).

Bane vundhi bro SBI lo 6.75% if you deposit for 1 year.

 

RATES OF INTEREST ON NON RESIDENT EXTERNAL ACCOUNT DEPOSITS W.E.F 01.07.2017*

NRE TERM DEPOSITS With effect from 1st July, 2017
Tenors	Below Rs.1 Crore	Rs.1 Crore & Above
1 year	6.75%	4.25%
Above 1 year to 455 days	6.50%	4.25%
456 days to less than 2 years	6.50%	4.25%
2 years to less than 3 years	6.25%	4.25%
3 years to less than 5 years	6.25%	4.25%
5 years and upto 10 years	6.25%	4.25%
Premature withdrawal	No interest is payable if the deposit is withdrawn before one year.	No interest is payable if the deposit is withdrawn before one year.
	Effective 01st April 2017, Penalty for Premature Withdrawal for Retail Term Deposits upto Rs.5.00 lacs will be 0.50% (all tenors).

[BonguBooshanam]

Just now, Manmada9 said:

tax bracket margin lo unte yes it will change

if you are ft just invest in 401k

u can take loan on your 401k if u r a first home buyer without apr

Fte kadhu mestri. Is it that's sounds like a good option if we can take loan without apr from 401k. Is it same with IRA?

[BonguBooshanam]

5 minutes ago, papampasivadu said:

Okay..open a regular brokerage account with Vanguard and invest in their s&p500 funds

 

Risk vuntadha bro returns reasonable vuntaya

[papampasivadu]

2 minutes ago, BonguBooshanam said:

I agree kani max vachina oka 3-4K ki tax bracket change avthadhantava 

Yes Bro,

Check out the federal tax brackets. For example, if you are single and earning below 91,150 something nee fed tax 25% paduddhi...let's say ee India FD valla nee income danikanna okka dollar ekkuva ayna nee bracket 28% aypoddhi..

Which means, FD interest meedhane kadhu nee 91k salary meedha kuda extra 3% tax penchukuntunnav...

However, nee salary 95k ayyi oka 4k teesi 401k lo kani traditional IRA lo kani (please note, not roth IRA) pettukunte nee tax rate ni 3% tagginchukuntav and also your investments grow tax free...

So check your tax brackets according to your maritial status and plan accordingly.

[papampasivadu]

2 minutes ago, BonguBooshanam said:

Risk vuntadha bro returns reasonable vuntaya

Stock market annaka definitely risk untadhi bro....but S&P 500 is the most diversified and least risky option available..

[BonguBooshanam]

5 minutes ago, papampasivadu said:

Yes Bro,

Check out the federal tax brackets. For example, if you are single and earning below 91,150 something nee fed tax 25% paduddhi...let's say ee India FD valla nee income danikanna okka dollar ekkuva ayna nee bracket 28% aypoddhi..

Which means, FD interest meedhane kadhu nee 91k salary meedha kuda extra 3% tax penchukuntunnav...

However, nee salary 95k ayyi oka 4k teesi 401k lo kani traditional IRA lo kani (please note, not roth IRA) pettukunte nee tax rate ni 3% tagginchukuntav and also your investments grow tax free...

So check your tax brackets according to your maritial status and plan accordingly.

Nice bro. IRA e company better bro employer do not have 401k option. IRA I think only can contribute 5k per person in the family anukunta