To 401k or not 401k
#61
Re: To 401k or not 401k
Well, clearly that's not what I was advocating
For someone like me who has just arrived to the country and hasn't yet decided if they're staying longer than the term of their visa, it's good to know that even if you enter into 'long term' financial obligations you can withdraw and go home without taking too much of a financial hit.
The advice I got from staff in my company was the HSA was the best-of-both-worlds. If you decide to stay after 3 years (or however long your visa is) then you've already been investing and good for you! If not, you take the hit and at least get the bulk back.
For someone like me who has just arrived to the country and hasn't yet decided if they're staying longer than the term of their visa, it's good to know that even if you enter into 'long term' financial obligations you can withdraw and go home without taking too much of a financial hit.
The advice I got from staff in my company was the HSA was the best-of-both-worlds. If you decide to stay after 3 years (or however long your visa is) then you've already been investing and good for you! If not, you take the hit and at least get the bulk back.
#66
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#67
Lost in BE Cyberspace
Joined: Jan 2006
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Re: To 401k or not 401k
#68
Re: To 401k or not 401k
#69
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Posts: 4,128
Re: To 401k or not 401k