Invest in 401k?
I plan to return to India after I have repaid my education loan. Should I still invest in 401k?
Comcast HraNPs5647 Jul 31, 2018
If you’re in a high tax bracket, sure. If there’s a company match, definitely. Withdraw it after you’ve left and have no US income. You’ll pay the early withdrawal penalty (10%?) plus the lowest tax bracket.
New
TupacUnpac Jul 31, 2018Or you can convert to ROTH IRA and just pay the tax
Informatica Karate Jul 31, 2018
I think you will be in the money if the company match is more than the withdrawal penalty
Do you have to be in America to withdraw from 401k account?
No
Thanks. Then I don't see why 401k is any different from investing anywhere else.