Timothy Sumer

USA residents mostly know about the common tax saving retirement plan BUT lot of Indians and many other resident aliens from other countries working in USA are unaware of this plan OR have misconceptions which prevent them from taking full advantage of this employee benefit plan.. Check with your company HRs about the match limit. It ranges from 3% to 8%. Pls use full benefit and invest as per maximum limit available Watch video 2 for withdrawal process A long term investor should not be worried with short bear markets. Those interested in stock market investing can open trading account with below links: (Indian subscribers can open account from below link with zerodha ) (USA subscribers can open account from below link with robinhood) #401k #401k for h1b #TCS #WIPRO #POLARIS #TECHM #COGNI #INFY #COGNIZANT #INFOSYS #STUDENT #US #IT #MS #401k #retirement #savings #USA... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During I...

In this episode, Emily explains the new legislation that allows non-W-2 fellowship income to be contributed to an Individual Retirement Arrangement (IRA). Up until 2019, fellowship or training grant income (reported on a Form 1098-T or Form 1099-MISC or not reported at all) was not eligible to be contributed to an IRA. Certain legislation, the Graduate Student Savings Act (GSSA), which fixes this problem, has been proposed a few times since 2016, but never passed. However, at the end of the 2019 Congressional session, the text of the GSSA was passed and signed into law as part of an omnibus spending bill (H.R. 1865). PhD trainees who are newly eligible to contribute to an IRA should consider their overall financial status and goals to determine whether to contribute and in what amount.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA ht...