People on work visa: do you invest in 401k? (Given that you are not sure if you'll stay in US for good)

like
Posting as :
works at
You are currently posting as works at

Yes and maxing it.

like

So day if you leave US, then just keep the money there and come take it out when you retire?

like

Correct. Same story with Social Security. If you work enough years to qualify, you can draw when you retire. The amount will be small if you only pay for a few years, but you still get the money.

like

I don't want to leave this country 😭

like

You don't lose the money if you leave the US, so why not?

Yupp!!!

Didn't. Regretting it.

Related Posts

Hi Fishes,
Can anyone refer me
JPMorgan Chase for associate profile I have the job id with me

like

Looking to move into content (have 4+ years exp. writing/content and healthcare background - coming off a copywriting internship). Any advice/suggestions/places looking for writers? Chicago

I want to know which tax slab can be appropriate for a 10lpa and what are the way I can manage to reduce my tax computation.
I have been to this tax slab for the first time don't have. any knowledge.
can one of you assist what can be done or what are the steps for saving the tax or us it possible to have 0 tax.
FYI,
2.2lck is hra

like

Anyone here familiar with the medical records field reviewer positions at Change Healthcare? Looking to get a little more info on schedule, workload, and pay specifically. TIA!

like

I have a jet blue Barclays card have been getting a $20 “spend offer credit” each month . Have no idea what this means. Anyone know ?

like

Anyone here know what marriage based green card timeline looks like how long does it take for the EAD and then for the interview to get scheduled?

like

Thinking of buying a house in Atlanta. Not sure if I should wait or not. Interest rates are good but I'm afraid of the possible housing market crash.

like

Anyone in a condo need to get walls in insurance? Please explain this to me, thanks so much. First time buyer here

Do in house counsel jobs offer green cards as part of the offer? Anyone has any experience with this? I’m currently at a firm on H1B and figured law firms are more likely to sponsor it before I head to in house, but wondering what companies’ policies are...halp!

like

Building out private investment platform for a growing company. Where can I find example docs of allocation policies, expense policies, etc. in order to create my own? Are there any good resources?

like

Is it better to get credit at closing or lowering the overall home price?

seller is offering to lower the cost or give credit to fix the flooring

like

Quick question: Can we ask HR to revise pf contribution to minimum which is 1800/month

likehelpful

Happy Ganesh Chathurthi! May Lord Ganesha destroy all your Visa issues and fill your life with love and happiness!

likefunnyuplifting

Any AmEx Marketing connections here? Saw some recent postings with their marketing team that I’m interested in but would love any intel working in-house there.

like

As an investor, do you choose longer or shorter amortization periods when paying off your mortgage and why? Will return on investment be higher if the amortization period is longer?

like

Can anyone suggest if I can make a rental contract with my parents on a 1rupee stamp duty letter for below 1 lakh? If so, can I directly submit that to income tax department while filing the return for claiming refund or should I be disclosing in Deloitte Portal for last FY 2022. Also, I assume 11 months contract doesn't require to be registered with the govt? Please correct me if this is incorrect. Appreciate your suggestions on the above for tax benefit purpose..!!

like

Does JPMorgan Chase scrutinize internet expenses bill for reimbursement? Like cross checking bill amount and account number with company

like

Is this an aggressive position? Would you use final regulations effective for tax year beggining Dec 16, 2020 to support a deduction for calendar tax year 2020? Proposed regulations didn't include this exception. More details below.

Hey fishes. I have been offered Management Consultant role with CTC break up in terms of JB, RB, fixed and variable. So is the fixed amount my gross salary without any other deduction except TDS, or will the organisation contribution to PF be also deducted from the fixed component? Also, will claimable components like LTA, mobile bill reimbursement etc. be in addition to this fixed component or will they be included in it?

More Posts

I’ve been thinking about looking for a new job, but given everything going on with the Coronavirus and layoffs, it doesn’t seem like this is a good time to start looking. What do others think?

like

Commencing countdown to Friday

Post Photo
like

What are some great investment banks to work as an associate in the Washington DC area?

like

Received an offer for equity research and IB, both in toronto. ER paying $120k base and my understanding is that bonus can be around 25-30%. IB is paying $105k base but likely higher bonus? Which one would u choose if you think you would be good at both

like

Has anyone ever worked at or heard anything on Wedgewood Communications?

like

Hi Fishes,

l interviewed for Deloitte (India not USI) in January, and accepted an offer letter with DOJ of 25th April, later HR asked me to join on 11th April for which I agreed. Now I haven't received the revised offer letter or any links other than BGV and Pre-Hire form from Deloitte and now the HR is not even picking my calls or responding to emails.

Any advice on what to do?

like

I was interviewed for Angular. In JD it was mentioned Angular + Node.
I was told it's a second shift project, with MEAN technology stack.
Client is AT&T.
Anyone having idea about this?

Larsen & Toubro Infotech Hi Fishes/Sharks,

Need Advice on which offer should I accept for Job Security & WLB?
TCS: 24LPA
LTTS: 27LPA
Globallogic (for client location with GL payroll): 30LPA

YOE: 8 Tata Consultancy Infosys Accenture Larsen & Toubro Infotech GlobalLogic Wipro

likefunny

Want a job? Want to work at S&? Are you a manager or above? Send me a DM! We’re in a big hiring push… specifically for our digital strategy team, but can always direct you to your preferred team.

like

Hello! I just recently applied for some remote positions at Atlassian, Deloitte, and Liberty Mutual Insurance. If anyone could give me a referral that would be fantastic! Also, please like this post so I am able to DM. Thank you so much!

like

Probably not the right bowl but don’t know where else to ask: for men in their late 20s/early 30s, is the style right now to wear belts? SO has been working out and gaining in his lower half so he’s getting better fitting pants/shorts that fit the new booty/thighs compared to what he used to own but his belts are suuuuuper old/falling apart so he’s debating whether to get more.

like

Women in PA - talk to me about times you’ve felt marginalized in the workplace

like

I'm new to the city

What's your Age, Sex and Favorite thing about Philly?

30/M/the love for the sport teams

like

Hi Sharks
I'm looking for single room (Male) with attached bathroom in 2/3 BHK, including all basic amenities.

Areas : Kharadi, Magarpatta, Viman Nagar, Other nearby areas
Rent : 15-18k(Including maids and all)

I'm available to shift after 10th June.

PS: Non smoker, Non Drinker, Vegetarian

Hey folks,
I m moving to Pune and would need some guidance to settle around Hinjewadi phase 3.
I would be happy to have private room (flat)/single room(pg). How much would it cost..?
Please feel free to DM..

Is Stanzaliving in Pune is good for accommodation purpose.

like

Seeking clinical manager RN, Omaha Ne

like

Hello! Does anyone know of any open roles at Google in the sustainability/social impact space? I have 9 YOE and currently managing a team mobilizing investors and business to tackle critical social and environmental issues. Thank you!

like

I'm always so tired at the end of the work day. How do I put an end to that?

like

Got the second moderna shot yesterday around 5pm est. All day, my body is in such pain, I am crying as I can’t get comfortable, and i have a fever. Took Tylenol but only helps moderately. Feels like the flu with the body pains. Grateful to get it but this feels awful rn. 37 female 🐠

like

Additional Posts in Consulting

Any book recommendations? Preferably shorter < 300

like

Bain & Company Can you work abroad as an MBB consultant I.e. based in US but want to work from Europe remotely for <30 days? McKinsey & Company Boston Consulting Group Bain & Company

like

What is PE ops? Is it just trying to optimize firms in a PE firm’s portfolio to lower operating expenses?

like

Is staying for 18 months as an experienced hire long enough? Want to move to a new location out of my region for personal reasons - don’t care about industry vs consulting

like

Does anyone have a good spreadsheet for estimating the value of donations to places like Goodwill? I made a ton of contributions and need to itemize them for taxes. Thanks!

like

What type of technical and behavioral questions will KPMG ask for my last round of interviews? Anyone have ideas?

like

Thoughts on EW MBA from Booth/Kellogg/Haas. Currently SC at Deloitte and want to transition to tier 1 consulting firms

like

Does EY reimburse for internal travel? Eg team meetings ? About to join EY and may have to travel in the first month. Also, is driving an approved mode of transport and get mileage reimbursement ?

like

Hey some help FB: had to move rooms at a Westin bc the tv was so broken they couldn't figure out how to fix it -- they were nice but is there a way I can at least get points for that and how?

like

Good books for case prep/valuation. Econ consulting, if relevant. TIA

like

I have about 13 years experience in public sector healthcare doing program management and PMO work on systems implementation and integration projects. Which firms can I target outside big 4 for similar roles? Seems like most firms are doing only healthcare strategy work which is not my area of interest. Thanks.

like

What sort of career growth and opportunities exist for people skilled in business intelligence/data visualization?

like
like

Best ergonomic chairs for neck and back pain that aren't $1000+?

likehelpful

Why don’t recruiters actually do their job and facilitate the hiring process, it seems like they just “check” on things but don’t advocate or make things happen.

likefunny

Can you make a difference between a $20 and a $100 👔? I buy cheap shirts and trousers but thinking if its worth buying the high end ones.

like

🐠 that wear button down shirts to work: do you all iron your shirts in hotel rooms for the week? I iron at home but still have to iron a bit in hotels to get rid of folding creases.. (cont)

like

What firms will pay for a MBA? Deloitte Consulting does and Deloitte Advisory doesn't. Thinking it's prob time to leave advisory.

like

So I work at KPMG and I got in trouble for reaching out to my Resource Manaager to find me engagements which I am interested in...even after telling my PML/Counselor that I will be reaching out. help?

like

Curious, how much student loans did you have and how long did it take you to pay them off (or will take, if I’m progress)? Trying to see if I’m moving too slowly (paying off $50K in 2 years).

likesmarthelpfulfunny

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal