401 k contributi0n he!p

[Popkatapetapotapulti]

entha chestaru meeru per pay check? do you contribute X amount to get a full match from your employer? lets say company matches 50% up to 10k anuko...20k contribute chestara per year?

[changure]

max amount you can contribute is 18500 this year.

It is better to maximum from employer provided you can afford to contribute 18500 per year.

[Scada]

bro neku oka booklet istaru 401k gurinchi adi chaduv..dantlo anni clear ga untai..like nun enta % contribute chesthe vallu entha contribute chestaru ala..contribution varies from company to company

[nijamena]

15 minutes ago, changure said:

max amount you can contribute is 18500 this year.

It is better to maximum from employer provided you can afford to contribute 18500 per year.

it is 19k this year. 

[InSearch]

44 minutes ago, Popkatapetapotapulti said:

entha chestaru meeru per pay check? do you contribute X amount to get a full match from your employer? lets say company matches 50% up to 10k anuko...20k contribute chestara per year?

contribute to take advantage of employer's contribution.. actual numbers chepthe we can answer better.. in your case, year 20k per year if employer contributes 10k.. 

[kiladi bullodu]

waste do not put money in 401k

[Spartan]

evadi salary and requirements ni batti anta contribute cheskuntaru..

ur qn is very generic...

thumb rule,,,minimum contribution is better to contribute upto ur employer matching

[kothavani]

2 hours ago, Popkatapetapotapulti said:

entha chestaru meeru per pay check? do you contribute X amount to get a full match from your employer? lets say company matches 50% up to 10k anuko...20k contribute chestara per year?

Naku 6 percent ki 6 percent match bro I contribute till the match , but most of my friends max out , people suggest always max out you will get tax break and also it is very useful to take 50 percent during home buying  if you have enough cash  rotation always contribute max

[Popkatapetapotapulti]

2 hours ago, Scada said:

bro neku oka booklet istaru 401k gurinchi adi chaduv..dantlo anni clear ga untai..like nun enta % contribute chesthe vallu entha contribute chestaru ala..contribution varies from company to company

vallu 50% contribute chestaru upto max of 9250...so to get full match you have to contribute 18500

[Popkatapetapotapulti]

2 hours ago, InSearch said:

contribute to take advantage of employer's contribution.. actual numbers chepthe we can answer better.. in your case, year 20k per year if employer contributes 10k.. 

round figure chepthe easy ani ala chepa...anyway it is close to the actual numbers heres the numbers

vallu 50% contribute chestaru upto max of 9250...so to get full match you have to contribute 18500

[Popkatapetapotapulti]

27 minutes ago, kothavani said:

Naku 6 percent ki 6 percent match bro I contribute till the match , but most of my friends max out , people suggest always max out you will get tax break and also it is very useful to take 50 percent during home buying  if you have enough cash  rotation always contribute max

not sure home buying is on the list yet(provided if i w@nt to st@y in th!s country) so thinking

[Popkatapetapotapulti]

2 hours ago, Spartan said:

evadi salary and requirements ni batti anta contribute cheskuntaru..

ur qn is very generic...

thumb rule,,,minimum contribution is better to contribute upto ur employer matching

no hard end rule to save at the moment..home buying may be 1 yr lo decide avali depending on if we st@y in th!s country or not

[Thingarodu]

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

[r2d2]

1 hour ago, kothavani said:

also it is very useful to take 50 percent during home buying  

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

[WigsandThighs]

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