401k balance

[Spartan]

12 minutes ago, lingam.mama said:

age 20s lo vunnappudu start chesthe 60 years ki multi millions avuthaai...

15% of salary ni regular gaa prathi pay check nundi 401k ki (roth option vunte roth ki) deposit cheyandi...

mee salary 85% anukoni brathakandi... yee vishayalu cheppe vaallu leka chaala mandhi ind ki pothe ela ani chetha doubts tho invest cheyaru... 

meeku correct gaa results telvaali ante 10 yrs continue gaa invest chesthe daani prathaapam telusthundhi

20s lo vunnaam manaki ippude retirement gurnichi alochana endhi ani chetha alochanalu theeseyandi...

401k nundi loans theesukokandi...unless inka chasthaam ante tappinchi

namaste uncle...how r u.

[lingam.mama]

16 minutes ago, Spartan said:

namaste uncle...how r u.

same mama.. how you doing

[Spartan]

11 hours ago, lingam.mama said:

same mama.. how you doing

im doing good. Bay area lo ne unnava

[phatposts]

13 hours ago, jays02 said:

When you guys are moving from company to company, how you are managing tax benefited savings? Keeping the old company accounts or move the amounts to bank IRA accounts or any other best option?

You will have couple of choices.

Leave the money with the previous provider (employer doesn't own your 401k holdings) and continue to be there. If the previous coompany's options are not great or you are not comfortable - you can merge it with the new company's 401k or you can roll it into an IRA. 

IRA is your personal account and the biggest difference is you can invest in a wide variety of options compared to 401K

401K doesn't allow you to invest in private investments and the fee is based on fund management costs aka expense ratio.

IRA opens a bunch of options including your ability to invest in some real estate funds (that is just an example)

You will never ever lose control over your money and it is not tied to your employer. 

[jays02]

11 minutes ago, phatposts said:

You will have couple of choices.

Leave the money with the previous provider (employer doesn't own your 401k holdings) and continue to be there. If the previous coompany's options are not great or you are not comfortable - you can merge it with the new company's 401k or you can roll it into an IRA. 

IRA is your personal account and the biggest difference is you can invest in a wide variety of options compared to 401K

401K doesn't allow you to invest in private investments and the fee is based on fund management costs aka expense ratio.

IRA opens a bunch of options including your ability to invest in some real estate funds (that is just an example)

You will never ever lose control over your money and it is not tied to your employer. 

Great! Info. Thank you so much.

[Chakram12]

12 hours ago, Spartan said:

namaste uncle...how r u.

U uncle, not looking for full time. happy with consulting 

[Spartan]

42 minutes ago, Chakram12 said:

U uncle, not looking for full time. happy with consulting 

i joined FT.

[Chakram12]

4 hours ago, Spartan said:

i joined FT.

congrats uncle !! mari pay enti 120k kante takuva annav DevOps bagane giving kada 

[Spartan]

Just now, Chakram12 said:

congrats uncle !! mari pay enti 120k kante takuva annav DevOps bagane giving kada 

pay pergaledu ante undi..

now I am officially into the low income group of California state records.

@solman

[Chakram12]

8 minutes ago, Spartan said:

pay pergaledu ante undi..

now I am officially into the low income group of California state records.

@solman

maa company ki vasthava, postions vunayi 

[Spartan]

Just now, Chakram12 said:

maa company ki vasthava, postions vunayi 

yeah , [email protected]   details pampu will see.

thanks

[Chakram12]

21 minutes ago, Spartan said:

yeah , [email protected]   details pampu will see.

thanks

sent

[Spartan]

 

@KakiJanaky  @Chinna_123

[AlaElaAlaEla]

On 6/28/2018 at 2:32 PM, Chakram12 said:

congrats uncle !! mari pay enti 120k kante takuva annav DevOps bagane giving kada 

 

On 6/28/2018 at 2:33 PM, Spartan said:

pay pergaledu ante undi..

now I am officially into the low income group of California state records.

@solman

5 years back ye 1C pettadaniki ready ayinav nee pay less than 120k Etta nammuthar bro....nee company stocks baane unnattu unnay ga

[Kalam_Youtheman]

On 6/28/2018 at 11:34 AM, phatposts said:

You will have couple of choices.

Leave the money with the previous provider (employer doesn't own your 401k holdings) and continue to be there. If the previous coompany's options are not great or you are not comfortable - you can merge it with the new company's 401k or you can roll it into an IRA. 

IRA is your personal account and the biggest difference is you can invest in a wide variety of options compared to 401K

401K doesn't allow you to invest in private investments and the fee is based on fund management costs aka expense ratio.

IRA opens a bunch of options including your ability to invest in some real estate funds (that is just an example)

You will never ever lose control over your money and it is not tied to your employer. 

if person india ki for good move avthe appudu paristhithi enti bro 401k lo unna money