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I have set up my 401(k) account

May 30th, 2008 at 12:40 pm

Yay for me. 15% pretax. That's a big bite, but I need it to be large for tax planning.

BTW, I'm reading The Retirement Savings Time Bomb... and how to defuse it, by Ed Slott. I recommend it for people who have US retirement plans and who plan to retire in the United States. I'm thinking I have to consult a CPA knowledgeable in immigration issues to see what happens with my retirement assets when I move back.

Posted in Uncategorized | 8 Comments »

8 Responses to “I have set up my 401(k) account”

  1. disneysteve Says:
    May 30th, 2008 at 01:00 pm

    Congratulations!!! That's a great big step toward a secure future.

  2. ceejay74 Says:
    May 30th, 2008 at 02:10 pm

    My problem is I have US retirement accounts and intend to work in the US for several more years, but plan to retire in the UK. I have no idea if 401K accounts are still the best way to go for me. If you find any resources about that while researching your own issue, let me know! Smile

  3. scfr Says:
    May 30th, 2008 at 03:56 pm

    Congrats on the 401(k)!

  4. Broken Arrow Says:
    May 30th, 2008 at 04:00 pm

    Congrats indeed!

  5. Lylic Says:
    May 30th, 2008 at 10:07 pm

    Way to go on the 401k! I just checked out that book today, thanks to your recommendation, along with a few others on your list.

  6. koppur Says:
    May 31st, 2008 at 07:16 am

    Congrats on starting your 401k!

  7. managinglife Says:
    May 31st, 2008 at 09:51 am

    Yeah for you on the 15% 401K!

  8. luxlivingfrugalis Says:
    June 1st, 2008 at 06:41 am

    I applaud your step into the 401-K world!

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