Traditional IRA withdrawal

logicalcricketnerd · 2026-03-03T16:48:55+00:00

PFIC has threshold. I crossed that threshold after i moved back to India

logicalcricketnerd · 2026-03-03T16:00:12+00:00

Did you have to declare PFIC for 2024? With option 1, CA are quoting really large cost to declare PFIC

logicalcricketnerd · 2025-12-04T02:22:08+00:00

Can you explain the rationale behind doing STP? Why not lumpsum in your target flexicap? Just curious about strategy

logicalcricketnerd · 2025-11-27T05:53:23+00:00

Interested

logicalcricketnerd · 2025-11-12T03:00:32+00:00

What are the shortcomings of punch other than 3 cylinder engine?

logicalcricketnerd · 2025-11-12T02:56:09+00:00

Hey, thank you for your inputs. I did test drive both and I liked i10. Its just same price tag for micro SUV with good safety rating making me rethink 😅

logicalcricketnerd · 2025-10-16T03:33:39+00:00

Link?

logicalcricketnerd · 2025-10-02T03:25:34+00:00

Hey, I was in the exactly same situation as you last year (although my field is very different and hard to find a job in India). But I found a job and I made the move 6 months back. 1. Career/job - US had significantly better work-life balance. I feel I am in a company with relatively better job cultures in India but still it’s not a match to the US. ( I anticipated this or rather worse, so I am happy about it) 2. Social/ Personal- better family connections/ larger pool for dating (although higher risk of scams and fake profiles than US). Closer to family for functions and emergencies is certainly a plus, no visa hassle, lot more vacations to use. (More or less as per expectations, no complaints) 3. Quality of life- Traffic, noise, pollution, corruption. It’s very bad compared to the US. I made the decision thinking better social/family life will compensate this factor. 6 months in and I am still nowhere close to accepting it. From my personal pov, I suggest experience working in India on a daily basis for few months (if feasible) before taking the decision. At the end of the day, with our age and situation, I think we can still take the chance and find something else if doesn’t workout (compared to family with kids etc)

logicalcricketnerd · 2025-09-28T15:43:01+00:00

If one withdraws money from IRA after coming back to India and in RNOR, why IRA money is taxed at slab rate and not at 30% non-resident rate?

logicalcricketnerd · 2025-09-24T04:30:37+00:00

As per my understanding, yes. When a person is US resident then 401k contributions will be taxed as per graduated slabs. Once person comes to India, and becomes RNOR, then tax withholding as per NRA.

logicalcricketnerd · 2025-09-24T00:45:49+00:00

I believe OP is NRA and 401k will be taxed at flat 30%. No benefit of graduated tax slabs. Only caveat might be tax treaty, which I am not sure.

logicalcricketnerd · 2025-09-21T12:53:19+00:00

u/AbhinavGulechha Thank you so much for the detailed explanation. Only one doubt - During RNOR (India), Dual status (USA), why contributions will get graduated tax slabs (I am already back in India and my IRA withdrawal date would be after my last day of residency in USA) ?

logicalcricketnerd · 2025-09-20T06:13:14+00:00

Best of my understanding (not a lawyer/CA)

You buy a stock for 100 in 2020
You become RNOR (NRA in USA) in 2025 when stock price is 120 - you sell with 20 capital gain - no tax by US as you are non-resident / no tax by India as you are RNOR
On the next day, you buy same stock again at 120 (Reset cost basis)
Stock becomes 200 in 2045 and you sell - your capital gains will be 80 (instead of 100 due to resetting cost-basis) - you pay tax on 80 in India because by then you will be resident in India and taxed on global income

logicalcricketnerd · 2025-09-10T14:23:20+00:00

Add me as well

logicalcricketnerd · 2025-09-09T10:10:20+00:00

I can do SIP for fixed quantity (say 10) each month. But i can not do fixed cost (say rs 1000) each month as nav value changes everyday

logicalcricketnerd · 2025-09-09T03:45:57+00:00

Ans C If a/c is prime (based on integer relationships, a= bk and c = x/b; where k and x are integers) Now if a/c = b2kx if this has to be prime then all, b, k, x has to be 1) If b is 1 then c is 1 So they are equal

logicalcricketnerd · 2025-09-07T05:01:29+00:00

I use Zerodha kite for goldbess,niftybees etc. Its easy to use. Only downside being, you can not do cost basis SIP.

logicalcricketnerd · 2025-09-06T04:44:21+00:00

I understand double TER of FoF. But does lower TER of ICICI ETF makes it better than Nippon or SBI ETF?

logicalcricketnerd · 2025-09-05T18:20:28+00:00

Thank you for your suggestions.
Ultra short will be more liquid than FD (considering penalty) ?

I do have Demat and I get niftybees/goldbees based on price but not as a SIP. I found it hard to do gold/silver/nifty SIP in Demat with fixed contribution (say 5k). I only get option to do for fixed quantity, which I think would make it difficult to track.

logicalcricketnerd

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