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Bewarse TalkArchives - 2008Cine Talk - Reviews, Gossips, Insider Info etc.Archive through June 19, 2008 � Child Education Plans Previous Next

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Drifter
Mudiripoyina Bewarse
Username: Drifter

Post Number: 6219
Registered: 09-2007
Posted From: 138.32.32.166

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Posted on Thursday, June 12, 2008 - 5:08 pm:Edit PostDelete PostView Post/Check IP

>>govt school ayithe pre pre pree anukoo..

dada maa country lo maa meeda tax lu d'gi aid ani africa vallaki istharu vellemma tax lu 30% yemi chesthunnaro antha dabbulu vellu
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Bhupathi
Pilla Bewarse
Username: Bhupathi

Post Number: 493
Registered: 05-2005
Posted From: 69.106.187.206

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Posted on Thursday, June 12, 2008 - 5:02 pm:Edit PostDelete PostView Post/Check IP

TQ for the link Shadow, but I know the generic stuff...Do you have pragmatic details like where,what to shop ?
TekDude: "Always try to solve a Business Problem"!!!
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Shadow
Pilla Bewarse
Username: Shadow

Post Number: 430
Registered: 05-2008
Posted From: 199.67.131.151

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Posted on Thursday, June 12, 2008 - 2:48 pm:Edit PostDelete PostView Post/Check IP

Bhupathi mama, Go thru this link

http://www.ira.com/faq1.htm
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Bhupathi
Pilla Bewarse
Username: Bhupathi

Post Number: 492
Registered: 05-2005
Posted From: 209.234.142.51

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Posted on Thursday, June 12, 2008 - 2:39 pm:Edit PostDelete PostView Post/Check IP

Shadow,

I know abt the perdiem stuff. Getting a chunk thru it...

IRA- How to do it?
TekDude: "Always try to solve a Business Problem"!!!
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420
Yavvanam Kaatesina Bewarse
Username: 420

Post Number: 3995
Registered: 12-2006
Posted From: 213.134.253.158

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Posted on Thursday, June 12, 2008 - 1:53 pm:Edit PostDelete PostView Post/Check IP


Indira Pradesh .. Ruled by Spider Reddy
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Shadow
Pilla Bewarse
Username: Shadow

Post Number: 428
Registered: 05-2008
Posted From: 192.193.221.144

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Posted on Thursday, June 12, 2008 - 1:51 pm:Edit PostDelete PostView Post/Check IP


quote:

What are the tax/retirement saving options for Consultants working in Desi Consultancy companies?




perdiem run chestharu desi companies. And you can invest in IRA account.
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Gaali
Celebrity Bewarse
Username: Gaali

Post Number: 12870
Registered: 03-2004
Posted From: 15.219.153.77

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Posted on Thursday, June 12, 2008 - 1:47 pm:Edit PostDelete PostView Post/Check IP

Bhupati mama,

I don't have too much info wrt to your question. I suggest you read up on the web.

Bestboy mama,

The deal with 529 plan is, you can remove money whenever but you will have to pay taxes and penalty on the profits.
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Codes
Celebrity Bewarse
Username: Codes

Post Number: 13484
Registered: 05-2006
Posted From: 57.67.146.5

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Posted on Thursday, June 12, 2008 - 6:58 am:Edit PostDelete PostView Post/Check IP

higher education antha public eey kadha.. primary & secondary kee ella vuntundo idea ledu..

ikkada public englsih schools kooda vunayi..
None is worse than other.. and Everyone is better than the other..
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Proofdada
Bewarse Legend
Username: Proofdada

Post Number: 59614
Registered: 03-2004
Posted From: 205.191.194.164

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Posted on Thursday, June 12, 2008 - 6:17 am:Edit PostDelete PostView Post/Check IP

but private schools picha expensive gaa..germany loo english private schools lo ayithee nelaku veyyi+ anta....

govt school ayithe pre pre pree anukoo..
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Codes
Celebrity Bewarse
Username: Codes

Post Number: 13481
Registered: 05-2006
Posted From: 57.67.146.5

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Posted on Thursday, June 12, 2008 - 6:13 am:Edit PostDelete PostView Post/Check IP

maa desam lo kids education antha free , LKG nunchi PG varuku.. daniki todu every mnth dabbulu istaru.. kathima vatiki teliyadu kani.. bachelors kee around 1200$ istaru..

pillalu pudite for kid 2000$.. idaru working aite 1 yr paid holidays..
None is worse than other.. and Everyone is better than the other..
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Edo_okati
Celebrity Bewarse
Username: Edo_okati

Post Number: 13052
Registered: 03-2007
Posted From: 198.179.142.6

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Posted on Thursday, June 12, 2008 - 5:55 am:Edit PostDelete PostView Post/Check IP

best boy maya kaneesam MS kanna ikkadaku pamputav kada mee kids ni appudu upayaoga padatai
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Bestboy
Pilla Bewarse
Username: Bestboy

Post Number: 592
Registered: 03-2005
Posted From: 69.233.89.34

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Posted on Wednesday, June 11, 2008 - 11:20 pm:Edit PostDelete PostView Post/Check IP

Gaali brother,
If I save in 529 and if I decide to go to India when kids around 10 years, will I get back the money or how can I get the money out or will I loose it If the I move out of US with kids,
ONE & ONLY OKKAMAGAADU - MAA BAALAYYA
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Bhupathi
Pilla Bewarse
Username: Bhupathi

Post Number: 491
Registered: 05-2005
Posted From: 209.234.142.51

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Posted on Wednesday, June 11, 2008 - 4:58 pm:Edit PostDelete PostView Post/Check IP

Gudivada04 and Gaali,

What are the tax/retirement saving options for Consultants working in Desi Consultancy companies?

Can they invest in 529 plan, If yes how?

TIA
You have only one life..Why live as a foreigner?
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Gudivada04
Kurra Bewarse
Username: Gudivada04

Post Number: 1690
Registered: 09-2004
Posted From: 142.152.123.75

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Posted on Wednesday, June 11, 2008 - 2:54 pm:Edit PostDelete PostView Post/Check IP

Gudi mama - Mee govt chaala vishayaalalo KEKA. ///

kaani vaatannitini balance cheyataniki taxes ekkuva kadatham gaa compared to you guys.
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Edo_okati
Celebrity Bewarse
Username: Edo_okati

Post Number: 13043
Registered: 03-2007
Posted From: 198.179.142.6

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Posted on Wednesday, June 11, 2008 - 2:53 pm:Edit PostDelete PostView Post/Check IP

cheyyochhu tingu
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Gudivada04
Kurra Bewarse
Username: Gudivada04

Post Number: 1689
Registered: 09-2004
Posted From: 142.152.123.75

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Posted on Wednesday, June 11, 2008 - 2:53 pm:Edit PostDelete PostView Post/Check IP

ippudu benificiary name mention cheyakunda, konni rojulu tarvata add cheyacha annai..//

ante asalu pillalu lekunda start chesi, pillalu puttaka beneficiary adding seddamani planning aa!!!
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Tingari_xx
Mudiripoyina Bewarse
Username: Tingari_xx

Post Number: 5363
Registered: 08-2006
Posted From: 205.157.110.11

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Posted on Wednesday, June 11, 2008 - 2:50 pm:Edit PostDelete PostView Post/Check IP

ippudu benificiary name mention cheyakunda, konni rojulu tarvata add cheyacha annai
For everything , there is a first time and next time
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Gaali
Celebrity Bewarse
Username: Gaali

Post Number: 12868
Registered: 03-2004
Posted From: 15.219.153.77

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Posted on Wednesday, June 11, 2008 - 2:46 pm:Edit PostDelete PostView Post/Check IP

EO mama you are welcome.

Gudi mama - Mee govt chaala vishayaalalo KEKA. I used to have Canadian PR (once upon a time). I gave it up.
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Gudivada04
Kurra Bewarse
Username: Gudivada04

Post Number: 1687
Registered: 09-2004
Posted From: 142.152.123.75

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Posted on Wednesday, June 11, 2008 - 2:23 pm:Edit PostDelete PostView Post/Check IP

gaali mama, ee vishayam lo maa Canadian govt. plan KEKA. It's called RESP (registered education savings program). It works like this. You open an account on your child's name (or family name for that matter) in any financial institution. You can contribute up to $2500 per year per child in to the account (after tax money, of course). Govt. will match 20% i.e., $500 per year per child in cash to that account. You can do that until Child reaches 18 years. You have full control with the money, you can invest in stocks, bonds, options etc.. Once the child goes to the college, you withdraw the necessary money yearly to pay of his/her fees, living expenses etc. This withdrawal will be treated as income for that year for the child. Obviously the money you withdrew per year would be less than min income level, your kid will pay no tax. KEKA scheme use chesukunte. I am investing in this since 1999.
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Edo_okati
Celebrity Bewarse
Username: Edo_okati

Post Number: 13039
Registered: 03-2007
Posted From: 205.240.78.20

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Posted on Wednesday, June 11, 2008 - 2:06 pm:Edit PostDelete PostView Post/Check IP

akkada ayanaki oka financial adviser/manger unndantaa mari


pda
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Pda
Celebrity Bewarse
Username: Pda

Post Number: 22343
Registered: 06-2006
Posted From: 129.138.250.120

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Posted on Wednesday, June 11, 2008 - 2:02 pm:Edit PostDelete PostView Post/Check IP

EO manager
Everything should be made as simple as possible, but no simpler.
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Edo_okati
Celebrity Bewarse
Username: Edo_okati

Post Number: 13037
Registered: 03-2007
Posted From: 205.240.78.20

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Posted on Wednesday, June 11, 2008 - 2:01 pm:Edit PostDelete PostView Post/Check IP

i was enrolled annai thanks for info
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Edo_okati
Celebrity Bewarse
Username: Edo_okati

Post Number: 13036
Registered: 03-2007
Posted From: 205.240.78.20

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Posted on Wednesday, June 11, 2008 - 2:00 pm:Edit PostDelete PostView Post/Check IP

//My manager recently informed

(financial manager)???
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Gaali
Celebrity Bewarse
Username: Gaali

Post Number: 12863
Registered: 03-2004
Posted From: 15.219.153.77

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Posted on Wednesday, June 11, 2008 - 12:58 pm:Edit PostDelete PostView Post/Check IP

Hi guys,

I don't know how many of you invest in 529 plans for child education. My manager recently informed me about www.upromise.com. Check it out. Its like a rewards program for the money you spend with credit cards or internet shopping. The rewards get credited as a dollar amount to the 529 plan that is supported by upromise.

This site got bought by Sallie Mae and hence seems to be ligitimate.