Personal Finance
Financial Must-Do’s for NRIs Returning to India
I hope everyone is safe. Not just the pandemic but even otherwise, with the economy, things are looking bleak for NRIs stuck in the USA. Layoffs and cost -cutting measures are more frequent and is raising questions on whether to make the return-move now than later. Whether you’re planning to move back to India next month [...]
How to Monitor Credit Score in India Once You Return
You might get rid of your habits fast but for US returnees, it’ll take a while to get rid of the credit score idea. For all our lives in the US, we’ve been working hard to grow our credit score and now a move back to India restarted it from zero. Credit Score Monitoring in India Credit Score is a new concept in [...]
What to Do with Your 401K when Returning to India
A 401K is a qualified-retirement savings plan, sponsored by employers in the US. Eligible employees contribute a part of their pre-tax paycheck towards this plan, while the employer funds the rest. This not only helps reduce the employee’s tax liability but also builds a retirement fund. The US Internal Revenue Service (IRS) [...]