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Re: S-Corp or LLC - Software Consulting Part Time

Thanks @pshonore for replying. @niceguy7376 - Here are your answers. 1. Yes 2. I'm working for employer B as a consultant and they will have to put me in their payroll. For me this is a part time work and i have negotiated my package like this ( salary, equity, number of hours per week & pay me ...
by learnfinance
Fri Dec 19, 2014 3:04 am
 
Forum: Investing - Help with Personal Investments
Topic: S-Corp or LLC - Software Consulting Part Time
Replies: 3
Views: 470

S-Corp or LLC - Software Consulting Part Time

Hi, I have read few discussion about s-corp vs llc but everyone's situation was different and so is mine. I'm working full time and have some contracting work coming along for next few months. I will be earning sizable amount if everything goes well.( I'm getting equity as well - if things go well t...
by learnfinance
Thu Dec 18, 2014 1:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: S-Corp or LLC - Software Consulting Part Time
Replies: 3
Views: 470

Re: Buying my own company's stock

@Valuethinker - Thanks very much for reading my post and answering my queries. Yes it's a private company as of now and they are offering stocks at discounted price so that employees will have skin (well very little though) in the game. I completely agree with you - all my investment value will be o...
by learnfinance
Tue Dec 10, 2013 1:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: Buying my own company's stock
Replies: 5
Views: 866

Buying my own company's stock

Hi, I have bought stocks from trading market many times but don't know how it works when I have an option to buy stocks from the company where I am employed. If I have been told that security type is like this - One (1) share of Class A Common Stock, $0.05 par value (“Class A Stock”), for each $5,00...
by learnfinance
Tue Dec 10, 2013 12:05 am
 
Forum: Investing - Help with Personal Investments
Topic: Buying my own company's stock
Replies: 5
Views: 866

Re: 401K Roll Over - Another 401K or IRA?

@hoppy08520 - Thanks for replying and shedding some light on this aspect (rolling over 401K to IRA). As you mentioned, I'm falling above the Roth IRA income limits this year & considering my new plan's choices are decent, I guess moving it to 401K is the best option now. Thanks for informing abo...
by learnfinance
Sat Feb 02, 2013 12:39 am
 
Forum: Investing - Help with Personal Investments
Topic: 401K Roll Over - Another 401K or IRA?
Replies: 10
Views: 4207

Re: 401K Roll Over - Another 401K or IRA?

Thanks for replying @jimkinny @JW Nearly Retired @bdpb @WHL @retiredjg @jimkinny - Considering that I can move to IRA later (when I change this company or otherwise) and keeping other options (backdoor Roth) open, I'm leaning towards rolling it over to new 401K. @bdpb - When I have called today to m...
by learnfinance
Fri Feb 01, 2013 2:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401K Roll Over - Another 401K or IRA?
Replies: 10
Views: 4207

Re: 401K Roll Over - Another 401K or IRA?

Thanks for replying. Here is the list of funds with expense ratios (4th column - I'm losing formatting here) - Name Ticker Last Year Return Total Expenses Great-West SF Balanced Fund G1 MXSHX 11.69 0.69 Great-West S&P SmallCap 600 Index Fund MXISX 15.78 0.69 Great-West S&P 500 Index Fund I M...
by learnfinance
Fri Feb 01, 2013 3:25 am
 
Forum: Investing - Help with Personal Investments
Topic: 401K Roll Over - Another 401K or IRA?
Replies: 10
Views: 4207

401K Roll Over - Another 401K or IRA?

Hi, I have a sizable amount in my old 401K (from my ex-employer) and I'm thinking to roll it over (they charge maintenance fees once employee is not active, so no point in keeping it there ). My current company provides facility to invest in 401K at GWRS (well no matching though) and it has followin...
by learnfinance
Fri Feb 01, 2013 12:10 am
 
Forum: Investing - Help with Personal Investments
Topic: 401K Roll Over - Another 401K or IRA?
Replies: 10
Views: 4207

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