Calling investment advice expert **Spartan** maavayya

[andhra_alludu]

@Spartan maavayya..... 

IRA quechen

Neeku PM cheddam ante avvatledu.....

Nenu mi alludini anukuni e quechen meedha konchem kaanthi veyi....

2018 taxes chesthunte IRA 5500 pettukomani Tax consultant cheppindu.... Ippudu naa dharma sandeham emiti ante IRA lo chaala rakaalu unnattu unnayi IRA ani kodithey edhedo vasthunnayi..... IRA ye investment providers daggara pedithey manchi returns untaayi.... Avg ga 1 year tharvatha theesesthaa anukune equation param ga help me out maayya.... 

Thank you choo much in advance.... 

Itlu ni abhimaana alludu
@andhra_alludu

[Spartan]

Traditional IRA (401k) -> you do pre-tax deductions. limit 18,500K per year max.

withdraw chesetappudu tax kadtav. munde teeste 10% penalty.

Roth IRA - > ippude tax katti invest chestav. 5500 per year max.

early withdrawl ki penalty matrame kadtav, no tax on gains on investment. 5500 -> oka 10K aindi anuko..

you pay penalty only 10%, no tax for the gain of 4500.

 

one year lo dabbul tesevadivaite...IRA waste...put in stocks or MFs.

MF's aite VEU, FBRAX, lantivi unnai..portfolio chusi spread out the investment..

[Spartan]

@psycopk pin the thread related to your investment ideas monna eppudo vesav kada...

[andhra_alludu]

6 minutes ago, Spartan said:

Traditional IRA (401k) -> you do pre-tax deductions. limit 18,500K per year max.

withdraw chesetappudu tax kadtav. munde teeste 10% penalty.

Roth IRA - > ippude tax katti invest chestav. 5500 per year max.

early withdrawl ki penalty matrame kadtav, no tax on gains on investment. 5500 -> oka 10K aindi anuko..

you pay penalty only 10%, no tax for the gain of 4500.

 

one year lo dabbul tesevadivaite...IRA waste...put in stocks or MFs.

MF's aite VEU, FBRAX, lantivi unnai..portfolio chusi spread out the investment..

Roth IRA ki velladaniki reason ye tax returns baa vasthaayi ani..... 5500 vesthey 2700 tax returns save avthaayi annattuga tax consultant cheppadu bhayya andhukani considering.... So IRA lo investing compulsory annattuga anukunte endhulo manchi returns raavachu Roth IRA ki growth baaga scope unde companies... I know market is unpredictable ani but mi experience tho meekoka idea untundi kadha ani askuthunnaa...... I am even ok with 5-10 years(if returns looks promising) 2-3% returns ye vasthaayi max enni years pettina ante maatram thakkuva time ye considering...... 
 

[Spartan]

8 minutes ago, andhra_alludu said:

Roth IRA ki velladaniki reason ye tax returns baa vasthaayi ani..... 5500 vesthey 2700 tax returns save avthaayi annattuga tax consultant cheppadu bhayya andhukani considering.... So IRA lo investing compulsory annattuga anukunte endhulo manchi returns raavachu Roth IRA ki growth baaga scope unde companies... I know market is unpredictable ani but mi experience tho meekoka idea untundi kadha ani askuthunnaa...... I am even ok with 5-10 years(if returns looks promising) 2-3% returns ye vasthaayi max enni years pettina ante maatram thakkuva time ye considering...... 
 

Roth IRA to tax rate taggutadi ani evar chepparu...u are contributing the after-tax money ..

malli tax break edkenchi vastadi..i dont know...

 

5 years aite  MF's better. chala threads lo vesa..monna @psycopk vesina thread lo 3 options..

high risk - high return

medium risk - avg returns

safe funds - bisket returns ani..

oka 30K unte.mooditlo average chesi petteyi..5yrs wait..

overall ga 5-7% kanna ekkuve untadi...returns..

[andhra_alludu]

19 minutes ago, Spartan said:

Roth IRA to tax rate taggutadi ani evar chepparu...u are contributing the after-tax money ..

malli tax break edkenchi vastadi..i dont know...

 

5 years aite  MF's better. chala threads lo vesa..monna @psycopk vesina thread lo 3 options..

high risk - high return

medium risk - avg returns

safe funds - bisket returns ani..

oka 30K unte.mooditlo average chesi petteyi..5yrs wait..

overall ga 5-7% kanna ekkuve untadi...returns..

Okay mayyaa.... Thank you.... 

Roth IRA to tax rate taggutadi ani evar chepparu...u are contributing the after-tax money ..

malli tax break edkenchi vastadi..i dont know... --> Idhi ayithey naaku tax consultant solled..... 401k ki already contributing.... Daanini max out sesko annadu.... 2018 taxes ki maatram save avvadaniki IRA contribution inka Apr 15th lopu cheyyachu ani tolded.... I will also do my research now.... 

 

[CheGuevara]

2 minutes ago, andhra_alludu said:

Okay mayyaa.... Thank you.... 

Roth IRA to tax rate taggutadi ani evar chepparu...u are contributing the after-tax money ..

malli tax break edkenchi vastadi..i dont know... --> Idhi ayithey naaku tax consultant solled..... 401k ki already contributing.... Daanini max out sesko annadu.... 2018 taxes ki maatram save avvadaniki IRA contribution inka Apr 15th lopu cheyyachu ani tolded.... I will also do my research now.... 

 

The amount you put in IRA is desucted from your taxable income and thats how the tax savings will be

[andhra_alludu]

17 minutes ago, CheGuevara said:

The amount you put in IRA is desucted from your taxable income and thats how the tax savings will be

Yes... Yes... E option kosamey considering investing on IRA...

[Merabharathmahan]

23 minutes ago, CheGuevara said:

The amount you put in IRA is desucted from your taxable income and thats how the tax savings will be

Roth IRA lo cheyalev. Idi after tax money. Like ur taking the money out from your savings and investing. Tax filing lo asalu Roth IRA contribution amount ni subtract cheyalev nee taxable wages nundi. 

Traditional IRA ki cheyyochu if you sign up out side ur employer. Employer tho 401k cheste valle pay check lo pre tax cut chesi taxable wages nundi subtract chestaru

[andhra_alludu]

11 minutes ago, Merabharathmahan said:

Roth IRA lo cheyalev. Idi after tax money. Like ur taking the money out from your savings and investing. Tax filing lo asalu Roth IRA contribution amount ni subtract cheyalev nee taxable wages nundi. 

Traditional IRA ki cheyyochu if you sign up out side ur employer. Employer tho 401k cheste valle pay check lo pre tax cut chesi taxable wages nundi subtract chestaru

Traditional Ira outside employer ante ye investment providers untaaru hay?