Search found 3168 matches

by Duckie
Wed Jul 01, 2015 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: 59 1/2 ??
Replies: 3
Views: 576

Re: 59 1/2 ??

Edit: The following advice is wrong. Dang, I always "knew" it was for the year. I've been wrong about that for ages. I'm lucky I never took a distribution. I would've been penalized. OK so 59 1/2 is the magically date to avoid the penalty in most cases. Is it the year in which you turn 59...
by Duckie
Wed Jul 01, 2015 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard v.s. Betterment
Replies: 28
Views: 2695

Re: Vanguard v.s. Betterment

jonhoman wrote:Those fees are on top of the mutual funds' fee, correct?

Correct.
by Duckie
Tue Jun 30, 2015 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard v.s. Betterment
Replies: 28
Views: 2695

Re: Vanguard v.s. Betterment

vangaal wrote:What are the pros and cons?

Pro -- It's cheaper.
Con -- You'll have to do the work. That might take an entire hour every year.
by Duckie
Tue Jun 30, 2015 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Making the most of fund choices in 401K
Replies: 12
Views: 831

Re: Making the most of fund choices in 401K

mfish123, welcome to the forum.

We need the plan expense ratios for the funds. Cost is the first thing most of us look at. The index funds will probably be your best options to start.
by Duckie
Fri Jun 26, 2015 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review/help, thanks...
Replies: 3
Views: 455

Re: Portfolio review/help, thanks...

BadgerState , welcome to the forum. I would like to close our Roth accounts and move them out of the financial group/advisor we have now and into index funds that I self manage. Is this worth doing? Any good recommendations? Yes, changing custodians is worth doing. I prefer Vanguard but Fidelity is...
by Duckie
Thu Jun 25, 2015 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review - just finished graduate school
Replies: 3
Views: 459

Re: Portfolio review - just finished graduate school

but will no longer qualify for Roth IRA contributions If this is because your income is too high for direct contributions to a Roth IRA, you can always use the 
 Backdoor Roth IRA 
 method. Since you show no non-Roth IRAs in your portfolio you will have no issue with the pro-rata rule . There are t...
by Duckie
Wed Jun 24, 2015 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: New Fidelity international index funds in 401k
Replies: 5
Views: 417

Re: New Fidelity international index funds in 401k

crg11 wrote:Is there a way to assemble these into something similar to Vanguard Total International or is that not possible with just these two funds?

Roughly 75% International and 25% Emerging Markets will get you close. You're still missing Canada.
by Duckie
Wed Jun 24, 2015 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Only contribute to the match?
Replies: 12
Views: 1346

Re: Only contribute to the match?

My 401K does offer an S&P 500 index, how should I change my percentages with how I have the 401(K) spread out? Roughly 80% large caps, 13% mid caps, and 7% small caps makes up the total US stock market. So if you're contributing at a 90/10 ratio in your 401k that would break down to roughly 72%...
by Duckie
Tue Jun 23, 2015 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio question
Replies: 11
Views: 1543

Re: Portfolio question

So that means stick with Total stock and Total international? In taxable, yes. Put your entire bond allocation in your tax-sheltered accounts. These are her available options The best options in her 401k are: S&P 500 Index (0.12%) S&P Mid Cap 400 Index (0.15%) MSCI All Country World Index (...
by Duckie
Mon Jun 22, 2015 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio question
Replies: 11
Views: 1543

Re: Portfolio question

Desired Asset allocation: 60% stocks / 40% bonds Reasonable. Desired International allocation: 50% of stocks A little high but in the area of reasonable. New annual Contributions, if I am very thrifty. $17500 his 401k (incl 6% employee match) $17500 her 401Kb (incl 5% match) $30K taxable (for retir...
by Duckie
Sat Jun 20, 2015 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: 401k IRA Rollover Help Requested
Replies: 4
Views: 566

Re: 401k IRA Rollover Help Requested

I'll have to get on the ball and move my other accounts into this one. By "this one" is hope you mean the Rollover IRA. Here are my current options in my 401K Plan. You need to add the expense ratios. I see three Spartan funds: SPTN 500 INDEX ADV (FUSVX) SPTN EXT MKT IDX ADV (FSEVX) SPTN ...
by Duckie
Sat Jun 20, 2015 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Mixing sources in a Rollover IRA
Replies: 5
Views: 739

Re: Mixing sources in a Rollover IRA

There used to be such a thing as a "Conduit IRA" which was specifically for rollovers from employer plans. Any rollovers into new employer plans had to be from those IRAs. This rule no longer exists and employer plans are allowed to accept incoming rollovers from regular TIRAs. Most employ...
by Duckie
Sat Jun 20, 2015 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: 401k IRA Rollover Help Requested
Replies: 4
Views: 566

Re: 401k IRA Rollover Help Requested

donothing , welcome to the forum. My list of funds is below. Are any of these worth keeping? No. The best options at Fidelity are their Spartan index funds. Specifically: ( FSTVX ) Spartan Total Market Index Fund Advantage Class (0.05%) ( FSGDX ) Spartan Global ex U.S. Index Fund Advantage Class (0...
by Duckie
Fri Jun 19, 2015 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Need help rebalancing portfolio/ investing cash
Replies: 3
Views: 722

Re: Need help rebalancing portfolio/ investing cash

How can we improve our asset allocation/ holdings? You're open to suggestions on your desired asset allocation so I'm going to recommend an AA of 70% stocks, 30% bonds, with 30% of stocks in international. That breaks down to 49% US stocks, 21% international stocks, and 30% bonds. Does that sound r...
by Duckie
Fri Jun 19, 2015 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Ticker Symbols on 401k Northern Trust Funds
Replies: 7
Views: 538

Re: Help with Ticker Symbols on 401k Northern Trust Funds

Are there similar funds with ticker symbols that I can use to approximate my holdings? Northern Trust Aggregate Bond Index Fund - Non Lending follows the Barclays Capital Aggregate Bond Index . This contains US treasures, government agencies, and corporate bonds. No TIPS or munis. A ticker to simul...
by Duckie
Fri Jun 19, 2015 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: -New, Young, Looking for Retirement advice-
Replies: 16
Views: 2250

Re: -New, Young, Looking for Retirement advice-

Tekhno4Ever wrote:I was wondering is there anyway to differ the $50 roll-over fee I will incur?

No. That's an account closing fee. You can't defer it. Just pay it and move on.
by Duckie
Wed Jun 17, 2015 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Guidance for mother-in-law, moving away from WF Advisors
Replies: 9
Views: 995

Re: Guidance for mother-in-law, moving away from WF Advisors

The taxable, on the other hand, I'm not so sure of. One of the questions I gave her to ask is what, if any, fees would be imposed to move away from WFA. There will no doubt be tax implications for some/all of the holdings, so what would be the best strategy? Prior to her husband's death who owned t...
by Duckie
Wed Jun 17, 2015 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: New Job, New Funds. Yay!!!
Replies: 12
Views: 2433

Re: New Job, New Funds. Yay!!!

I would like to contribute to the max 18K limit for 2015 on both accounts. How should I distribute my funds with 60% stock 40% bond approach? You have an AA of 60% stocks, 40% bonds (extremely conservative for age 30), with 10% of stocks in international (very low). That breaks down to 54% US stock...
by Duckie
Wed Jun 17, 2015 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement plan/ best choice for situation.
Replies: 1
Views: 388

Re: Help with retirement plan/ best choice for situation.

I max out every plan available to me. As I understand it, I have maxed out the amount I can contribute personally. What plans do you currently have that are maxed out? I have moonlighting income currently in the $20,000 range. I may have an opportunity to raise that moonlighting income to $75k. Can...
by Duckie
Wed Jun 17, 2015 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: What are the best Vanguard ETFs for my IRA
Replies: 8
Views: 844

Re: What are the best Vanguard ETFs for my IRA

I have my IRA at Vanguard and I'm using their ETFs due to the low fees. But, I'm not sure if I have the right ETFs or if I should add different ones or just leave it alone. I'm not a fan of the Target Date Funds because their expense ratios are normally pretty high. VTI is a great domestic option, ...
by Duckie
Wed Jun 17, 2015 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Taxpayer ID Number?
Replies: 3
Views: 460

Re: Taxpayer ID Number?

My question: once I apply for and receive a taxpayer ID from the IRS, must I use that number for ALL transactions with the IRS in the future, including my personal income tax filing? My preference is to use the ID number for the contractor, but continue to use my social security number when filing ...
by Duckie
Tue Jun 16, 2015 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth after Recharacterization
Replies: 5
Views: 523

Re: Backdoor Roth after Recharacterization

I had contributed about $2500 to my Roth IRA before realizing I was going to be over the income limit, so did a recharacterization to a new non-deductible Traditional IRA. Then a few weeks later (just under 30 days), did a conversion to a new Roth IRA, You're safe. The 30 day rule applies when you ...
by Duckie
Mon Jun 15, 2015 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) Fund Selection - Another List of Poor Options
Replies: 3
Views: 430

Re: 403(b) Fund Selection - Another List of Poor Options

I will not be investing any of my own dollars in this 403(b) Why not? Could you if you wanted to? Once I get past the $5,000 mark, I will transition to a Choice Account and put everything into what I think is the best option (T Rowe Price 500 Index w/ .27 expense ratio). That's a decent option. How...
by Duckie
Mon Jun 15, 2015 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off loans
Replies: 3
Views: 810

Re: Paying off loans

The only reason to pay the first loan off is to because of a feeling (don't like the bank) This sounds like a decent reason to me. and the second because again of a feeling (if I can be done with one, why not be done with both) Not a good reason to gut your emergency fund. Pay off the first, leave ...
by Duckie
Mon Jun 15, 2015 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Retirement Allocation
Replies: 12
Views: 1823

Re: Advice on Retirement Allocation

The general counsel on this site is to keep bonds in tax-advantaged accounts rather than taxable accounts due to the monthly income they kick off. However, if one has a Roth TSP, does that still hold? For most people, putting bonds in tax-sheltered is better than taxable, and pre-tax is better than...
by Duckie
Sun Jun 14, 2015 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Retirement Allocation
Replies: 12
Views: 1823

Re: Advice on Retirement Allocation

sad2 wrote:Are you saying 10% for bonds is too little or too much for my age?

Too little. I think you should increase your bond AA to at least 20% if not 25%.
by Duckie
Sat Jun 13, 2015 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Retirement Allocation
Replies: 12
Views: 1823

Re: Advice on Retirement Allocation

Desired Asset Allocation 60% Domestic Stocks. ($120k) 30% International Stocks. ($60k) 10% Domestic Bonds. ($20k) 10% bonds is aggressive for age 34. TSP Combination of G and F Funds - $20k (What combination of F and G to approximate VBMFX - Vanguard Total Bond Market Index Fund?) The F Fund by its...
by Duckie
Sat Jun 13, 2015 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Trad Ira Rollover to TSP or 401K
Replies: 7
Views: 577

Re: Trad Ira Rollover to TSP or 401K

Am I correct in assuming I can rollover the remaining 77% of the IRA balance into an existing 401K or TSP without triggering any taxes? Yes. You are allowed to roll pre-tax IRA assets to the TSP. Most 401k plans will take incoming rollovers but not all do. I'd pick the TSP over the 401k. There will...
by Duckie
Sat Jun 13, 2015 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Any advice will help!
Replies: 11
Views: 1609

Re: Any advise will help!

We will be going from a salary of $80000 in Iowa to a salary of $500000 a year in South Dakota (with no state income tax). This is the budget I have been working on and the potential investments I would like to make. She'll be earning $500K and your budget including the mortgages and student loans ...
by Duckie
Sat Jun 13, 2015 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: One Rollover Per Year Rule & Other Advice
Replies: 1
Views: 405

Re: One Rollover Per Year Rule & Other Advice

intltaxguy , welcome to the forum. Can she now roll over her new Vanguard Rollover IRA into her new employer-sponsored 401k? Yes. The one-rollover-per-year is IRA to IRA. Since the rollovers you're talking about are 401k to IRA and then IRA to 401k there is no problem. Her new employer's 401k is th...
by Duckie
Fri Jun 12, 2015 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA timing with existing IRA balance
Replies: 13
Views: 865

Re: Backdoor Roth IRA timing with existing IRA balance

eyes on the prize wrote:Does anyone know whether a former employer can actually force a rollover?

They can if the amount has a low balance (under $5K).
by Duckie
Thu Jun 11, 2015 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth and Backdoor Roth
Replies: 4
Views: 631

Re: Mega Backdoor Roth and Backdoor Roth

Any reasons why I shouldn't go with Option A? Any other options that would be beneficial? I'd pick Option A in this situation. Are you sure you will be able to avoid filing it by doing a Mega backdoor Roth? As long as the money moves directly from the 401k to the Roth IRA, no Form 8606 is needed. O...
by Duckie
Mon Jun 08, 2015 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Critique My 401K Rollover Investments
Replies: 7
Views: 910

Re: Critique My 401K Rollover Investments

blueblock wrote:VTXMX 45%

Do you mean VTSMX?
by Duckie
Sun Jun 07, 2015 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: 22 Y/O New to Setting Up an Individual 401K
Replies: 12
Views: 1189

Re: 22 Y/O New to Setting Up an Individual 401K

Open an individual 401K with Vanguard (I have a Roth with them, so I will be sticking to Vanguard unless there are significant advantages to other brokers?) Consider Fidelity for the solo 401k. They don't have the Roth solo 401k option but they do allow for incoming rollovers from IRAs (Vanguard do...
by Duckie
Fri Jun 05, 2015 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: -New, Young, Looking for Retirement advice-
Replies: 16
Views: 2250

Re: -New, Young, Looking for Retirement advice-

What recommendations do you have for someone who is looking to make monthly contributions when I get the right place to park my investments? Given your age of 22, the ~$2000 starting point, and the planned monthly contributions, I recommend you roll over your Roth IRA to Vanguard in a trustee-to-tr...
by Duckie
Fri Jun 05, 2015 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Roth income limits and mortgage vs 401k
Replies: 6
Views: 878

Re: Roth income limits and mortgage vs 401k

I'm a bit confused by the pro-rata rule however, since both my wife and I have existing Rollover IRAs. Does this issue come up because our 2015 Roth IRA contributions would be recharacterized as TIRA contributions and would through off the taxable/non-taxable balance of our existing Rollover accoun...
by Duckie
Fri Jun 05, 2015 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique our portfolio... all advice welcome!!!
Replies: 8
Views: 1126

Re: Please critique our portfolio... all advice welcome!!!

I typed up a lengthy post regarding simplying the porfolio, then got sidetracked doing calculations in Excel, then came back, finished my post and tried to submit it. When I submitted it, the site informed me that I had been logged out and I lost the whole thing. When you login be sure to click on ...
by Duckie
Thu Jun 04, 2015 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: One year since opening a 401k-Change fund allocations?
Replies: 7
Views: 616

Re: One year since opening a 401k-Change fund allocations?

joshl , welcome to the forum. Here are my current distributions: (ER, Allocation, Symbol, fund name) ⋅ .24% --- 30% --- IWM ----- iSharesRussell 2000 ETF ⋅ .17% --- 30% --- IHJ ----- iShares Core S&P MidCap ETF** ⋅ .20% --- 10% --- IWF ----- iShares Russell 1000 Gr...
by Duckie
Thu Jun 04, 2015 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique our portfolio... all advice welcome!!!
Replies: 8
Views: 1126

Re: Please critique our portfolio... all advice welcome!!!

- Desired Asset Allocation: 80% Equity, 20% Bonds - Desired International Stock Allocation: 20% - Age: ... well, I plan to retire in about 15 years. An AA of 20% bonds in your situation is aggressive. I'm saying that because the average person retiring in 15 years is around age 50, and 20% bonds fo...
by Duckie
Thu Jun 04, 2015 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Paying old debt
Replies: 16
Views: 1819

Re: Paying old debt

robertk2014 wrote:Get the diploma. If that means paying some negotiated settlement on the debt, then so be it.

A diploma is a piece of paper. It's nothing. What matters is the record of the degree. If asked by a prospective employer (or anyone else) does the school acknowledge that she has the degree?
by Duckie
Wed Jun 03, 2015 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: 403b Rollerover Strategy
Replies: 1
Views: 198

Re: 403b Rollerover Strategy

SailorJ , welcome to the forum. My friend and I were talking about the best strategy for her 403b plan that has been discontinued. She has about 30k in it with Lincoln... Now she needs to either roll it into something with them, or move it. What would be the best strategy for investing that over th...
by Duckie
Wed Jun 03, 2015 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Just Married
Replies: 7
Views: 1125

Re: Just Married

They are Class A shares and it's my understanding that they are front loaded so this year I have seen barely any growth in the portfolio and I would attribute that to fees. It seems like all of the funds offered have pretty high ER's and since they are front loaded with 4.5% fees it doesn't add up ...
by Duckie
Tue Jun 02, 2015 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Husband's company now offers 401k - how do I incorporate this into our plan?
Replies: 5
Views: 650

Re: Husband's company now offers 401k - how do I incorporate this into our plan?

I need help to figure out how to incorporate this new 401k into the above plan. These are your best options: Schwab S&P 500 Index SWPPX .09% Vanguard Mid Cap Index Fund Adml VIMAX .09% Vanguard Short Term Federal Admn VSGDX .10% You could use the 500 Index and then add ( VEXMX ) Vanguard Extend...
by Duckie
Tue Jun 02, 2015 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on these 403B providers
Replies: 1
Views: 232

Re: Thoughts on these 403B providers

The following are the 403b providers that my school offers. When you glance at this list do any of them stand out as companies I should avoid or any that you would recommend? They're all insurance companies and you'll just have to look under the hood of each one, although I'd start with Voya. Find ...
by Duckie
Tue Jun 02, 2015 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: 401/403/457 contribution limits automatically enforced?
Replies: 4
Views: 531

Re: 401/403/457 contribution limits automatically enforced?

Thoraeus , welcome to the forum. As this will be my first year hitting the maximum contribution amount of 17,500, does Fidelity automatically stop contributing for you once you hit the max, or could I unintentionally over-contribute? It depends on your specific plan and how payroll implements thing...
by Duckie
Tue Jun 02, 2015 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help choosing 401k funds
Replies: 19
Views: 933

Re: Help choosing 401k funds

I am looking for advice before I reallocate my assets in my 401(k) portfolio. I am 26 and have about $3,000 in my 401(k) and another $17,000 in my Roth IRA. I make $40,000/year and have a high risk tolerance. In the 401k I would choose 100% ( VBIAX ) Vanguard Balanced Index Admiral Shares (0.09%) w...
by Duckie
Tue Jun 02, 2015 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Just Married
Replies: 7
Views: 1125

Re: Just Married

mrmodg , welcome to the forum. I am maxing my ROTH IRA out and with the American Funds salesman (Company 401k) pushing nothing worth buying, what is my next best move? Should I contribute the max to gain maximum matching benefits, then max out the ROTH IRA and then what? First put enough in the 401...
by Duckie
Tue Jun 02, 2015 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Check-up of Index Fund Choices
Replies: 11
Views: 1309

Re: Check-up of Index Fund Choices

TOTAL US STOCK MARKET FSTMX - Spartan Total US Mkt VTSAX - Admiral Total US Mkt FSTMX is Investor Class. You want FSTVX Advantage Class. TOTAL INTERNATIONAL MARKET FSIVX - Spartan Int'l VTIAX -- Admiral Int'l You want FSGDX Spartan Global ex US Advantage Class. Global ex is more complete. Some of t...
by Duckie
Tue Jun 02, 2015 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Roth income limits and mortgage vs 401k
Replies: 6
Views: 878

Re: Roth income limits and mortgage vs 401k

slaversbay , welcome to the forum. Assuming things remain unchanged, household income between my wife and I will surpass the Roth IRA income limits for 2015. My wife and I have already been contributing to our individual Roth IRA accounts on an automated schedule since January. I'm not sure if I ne...
by Duckie
Tue Jun 02, 2015 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Target Retirement funds for both Traditional and Roth IRA?
Replies: 6
Views: 1117

Re: Target Retirement funds for both Traditional and Roth IRA?

I don't understand what you mean by Have Vanguard pull the assets? When changing IRA custodians it's better to have the new custodian "pull" the assets instead of having the old custodian "push" them. Open the new IRA accounts at Vanguard, provide them with the necessary informa...

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