The 401k account will be taxed when you are ready to retire. Make sure to invest the sooner the better with your employer. I took my early retirement at 55 after my 30 years of my service with an insurance company as a senior account underwriter with my business accounting degree. I started to withdraw my 401K account without any penalty. I can also collect my sos benefits at 62. Work smart, save smarter, and retire early. Good luck with your job. Greetings from Minnesota!
@IknowIShareKhmer3 жыл бұрын
How much did they tax you when you withdraw before 65
@sheilaPH2 жыл бұрын
@@IknowIShareKhmer I believe 20% tax and you probably owe some more money at the end of the year when you file tax return. This is my personal experience when I took all my money out of 401k when I switch job back in 2018
@TheMrsJonasBrothers2 жыл бұрын
@@sheilaPH 30% if under 59 1/2 years old, known as early penalty withdrawal when i retired at 48
@sheilaPH2 жыл бұрын
@@TheMrsJonasBrothers I believe the penalties are the same regardless of how old you are as long as you are not reaching the age of the retirement which is 65 year old. Unless it’s a law that apply in your state that I don’t know then it’s probably 30% but according to the law in Virginia, it’s 20% penalties plus some more deductions when file taxes return at the end of the year
@chhinhuonglean69162 жыл бұрын
@@sheilaPH is your new employer not accept 401k rollover?
@Electronicview2 жыл бұрын
Thank for sharing benefits worker in United states 👍
I love when you say “ Changing job like changing my outfit.. Don’t care as long Oun saret… 😍🥰😆🥰😍😍🥰 You definitely made my day.. independent Queen 👑 God bless sis.. ♥️♥️♥️♥️
@IknowIShareKhmer2 жыл бұрын
Yes. Life too short. Live your life bong
@oudomkeo3 жыл бұрын
I've been working from home (WFH) for the last 2 years. Kinda miss the workplace and people, but I gain more time with my family :)
@sushihall24042 жыл бұрын
I’m looking for new jobs, esp work from home. What kind of job you work right now? And how to get this jobs easily?
@hannatrucks3 жыл бұрын
First! Awesome job, happy to watch your sharing, well-done, sister, have a wonderful day👍👍👍♥️♥️♥️!
@damsovannakra25052 жыл бұрын
Good sharing B
@sopheafit15933 жыл бұрын
I can't waiting to living there Bong thanks thanks thanks for your always sharing nice video 🙏🙏🙏
@sophaleng12522 жыл бұрын
អរគុណបងដែលចែករំលែក
@kingjardani72672 жыл бұрын
Wow you work at the same company I do, but I work in Bedford near lowell Massachusetts.
@thearaofficial14703 жыл бұрын
Thank you so much for your share, I wish you success in your work
@mathananaturallife85283 жыл бұрын
Thank you for sharing this video
@ayumikyo21662 жыл бұрын
Hi Bong, I always found all your videos very helpful and insightful. It would help a lot if you can make a video about how to ship something from US to Cambodia and vice versa, and how to transfer $ from Cambodia to US and vice versa? Very appreciate your hard work and thank you so much.
@IknowIShareKhmer2 жыл бұрын
Thank you. I will if I can. Thank you for all your suggestion
@khanteykng12073 жыл бұрын
វាសនាខុសគ្នា sis ទោះចង់ក៏មិនអាចមានឱកាស។ anyway thanks for all video. GBU 🥰
@kongeang972 жыл бұрын
Big Thanks for sharing this information
@nitaroam72133 жыл бұрын
អរគុណបងថៃហ័រ សម្រាប់ការចែករំលែក
@bophaneanglin2 жыл бұрын
Congratulations! 👍
@kounpenda94882 жыл бұрын
very good sister
@KhmerMinnesnowta3 жыл бұрын
There is an option as you can withdraw it with or without holding the federal taxes of 10%. They do not take out the state taxes but when you are filing your tax return at the end of the year, you might have to pay for it. For my case, I took it out within the low income brackets so I got all my taxes back at the end of the year. It can be tricky but if you know how to manage it, you'll save a lot of taxes so do not withdraw it a large amount unless you have to. You are still young so invest it smart with mix of funds. Always do your research with well-known investors. Feel free with any further questions. I can live with a comfortable life with my investments. Good luck!
@IknowIShareKhmer3 жыл бұрын
It is tricky. I might need you to guide me in a long run. Do you love in Minnesota?
Hi bong!If I had voted to live in USA for 6 years ago, would I have had a chance to win?
@Comedii1683 жыл бұрын
Thank you
@nangboss22182 жыл бұрын
បងស្គាល់bong sam អត់គាត់នៅតិចសាស
@chanthornsao96952 жыл бұрын
Hi bong, I want go to work in USA, So How should I do?
@brofccambodia22803 жыл бұрын
អរគុណសម្រាប់ការចែករំលែកចំណេះដឹងដ៏ល្អបែបនេះ♥️🇰🇭
@choviranken34622 жыл бұрын
🙏🙏🙏💕
@choeurngsovuth41733 жыл бұрын
បង ទៅUSA តាមរយះអ្វី?
@Gara88992 жыл бұрын
Hi dear, I have some questions, can you help?
@IknowIShareKhmer2 жыл бұрын
What is it
@brosdakhun2 жыл бұрын
I want to working at there , but I still live in Cambodia .
@niseychhay76223 жыл бұрын
ចាំវីដេអូចែយូរណាស់ refresh ចង់រាល់ថ្ងៃហើយចែ
@sonatta5413 жыл бұрын
រឿងនឹងសម្រាប់នៅតែរដ្ឋបងទេមែនទេ?
@relax63793 жыл бұрын
Christmas tour មួយមកចែ😁🥰
@Bongleang9633 жыл бұрын
A lot of benefits bong. How about Salary you can share or keep as privacy?
@IknowIShareKhmer3 жыл бұрын
Maybe
@himvibol101424 күн бұрын
😊
@RoN-jj5ef2 жыл бұрын
13:25 what that song name sister
@chandara43752 жыл бұрын
so u know mav the KZbinr?
@OppoOppo-vb5se3 жыл бұрын
សួស្ដី
@sushihall24042 жыл бұрын
Looking for new jobs too, can you share experiences and tips to apply jobs ( what is bad and good for your past jobs) why you love to change to new jobs?
Lol....what happen when the company found out you put all their slides with the information on KZbin? Fired?
@Bongleang9633 жыл бұрын
100k subscribers soon sis
@BUNTHOEUN_SOUN3 жыл бұрын
The best
@jr.jayavarman91242 жыл бұрын
If you look at the presentation slide footnote it say "Proprietary and Confidential." You should be careful what you share. Someone can report and you could potentially face penalty. US company is pretty strict when it come to export-control and proprietary information.
@IknowIShareKhmer2 жыл бұрын
Thank you. I will take it down
@ToyvideosKh3 жыл бұрын
Okay 👌😏
@ngetkakada34033 жыл бұрын
ច្រើនណាស់
@ngetkakada34032 жыл бұрын
កន្លែងដឹងជញ្ចូន បងឈប់ធ្វើហើយឬ
@IknowIShareKhmer2 жыл бұрын
Quit long time
@poogagong12 жыл бұрын
Benefits the same to the bank I Cambodia
@sokrimkheng14133 жыл бұрын
ចង់ទៅតែអត់សំណាងសោះ
@cheangsipheng35672 жыл бұрын
Hi bong, how can I get to live and work in the US with my family with a small boy?
Ask the workplaces in America do offer the same benefit. Some places do give u any benefit beside the hourly pay. Not a lot of companies offer a good health insurance. U should mention the minus of America not only the plus one. On the other hand, u should mention about the surrounding people, which is about discrimination. There is a huge discrimination in the USA everywhere including the workplace. How much u make is totally out with the living situation over here or not? How much does the government take out from ur paycheck? How much u get in real? Is $17 hourly worth to live in the USA?
@lovelovesongly2 жыл бұрын
True, $17 after tax and insurance, 401K, you take home about $320 a week. Rental apartment, for the cheap dirty one is $1000 a month in most areas. how do you pay for food, utility, and other expenses ? You can’t, unless you have a roommate or just rent a room in someone’s house.
@jr.jayavarman91242 жыл бұрын
@@lovelovesongly It's a real struggle living in the USA. $17 an hour is consider living in poverty, it is called living life from "pay check to pay check." Many people become homeless. Some people in Cambodia think the USA is gold and glitter, but that glitter is fill with hatred, divisiveness, expensive, and a hopeless future. If you are in Cambodia, you should consider yourself lucky.
@TheMrsJonasBrothers2 жыл бұрын
@@jr.jayavarman9124 But Warren Buffett said: If you are in America you already won the lottery😂, I am still playing the Powerball after so many years here
@Saruonpal2 жыл бұрын
USA had a lots of job ..
@lovelovekps82853 жыл бұрын
First
@444shotzx2 жыл бұрын
The open cat
@Timk93923 жыл бұрын
Hi bong, how much they pay you per hour? Am looking for new job also