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Re: Help with allocation after Edward Jones

Current Vanguard IRA $34,000 Does His 401k allow incoming rollovers. If this were moved to the 401k it would allow for the Backdoor Roth IRA method without having to deal with the pro-rata rule issue. Wifes 401k $36,000 (expensive high fee funds) Is there a match? What are the options? Pick the che...
by Duckie
Sat Nov 22, 2014 8:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with allocation after Edward Jones
Replies: 2
Views: 285

Re: Need Help Allocating Assets

ReefDiverDan , welcome to the forum. 1) I would like my whole portfolio to reflect the equivalent of 30% VTBLX, 21% VTIAX, & 49% VTSAX. Since I can’t move my 457/401a, Annuity or pension funds until after I retire what would be the most efficient way to accomplish this? Pick the best options in...
by Duckie
Sat Nov 22, 2014 8:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need Help Allocating Assets
Replies: 5
Views: 398

Re: Roth IRA

I have a company 401K and an individual 401K. You start with the company 401k because those options are limited. You pick the best/cheapest choices there and then move on to the other retirement accounts. List the options (names, ticker symbols, expense ratios). The options in your solo 401k are so...
by Duckie
Sat Nov 22, 2014 5:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth IRA
Replies: 4
Views: 1074

Re: Home equity loan as an asset?

Badmash , welcome to the forum. We have an untapped home-equity line of $250,000 good for 10 years, taken as an anchor to windward for any unplanned major expense, medical or otherwise. But I'm wondering whether we might look at this source of funds from another perspective– as in effect a prop to ...
by Duckie
Fri Nov 21, 2014 4:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Home equity loan as an asset?
Replies: 26
Views: 1324

Re: Employer switching to new retirement plan

In the 30% tax bracket it would take some compelling reasons(which is possible) to choose a Roth over a deductible retirement account. Are you sure that is a good choice? It might not be. I've been trying to fully fund a Roth for some time, but maybe this switch in retirement plans is an opportunit...
by Duckie
Fri Nov 21, 2014 4:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: Employer switching to new retirement plan
Replies: 12
Views: 1212

Re: New Young Investor & need advice

Dang, those expense ratios are killing you. Plus the management fee. You're being gouged. Do you have an AA? At your ages and your wanting to be aggressive I would recommend 80% stocks, 20% bonds, with 30% of stocks in international. That breaks down to 56% US stocks, 24% international stocks, and 2...
by Duckie
Thu Nov 20, 2014 7:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Young Investor & need advice
Replies: 12
Views: 773

Re: Looking to add to Roth...

In your SIMPLE IRA you have: 25% (AMCAP) (0.70%) I couldn't find this. I don't know what it is. 25% ( AMRMX ) American Funds American Mutual Fund A Class (0.61%) 25% ( CAIBX ) American Funds Capital Income Builder Fund A Class (0.61%) 25% ( ANCFX ) American Funds Fundamental Investors Fund A Class (...
by Duckie
Thu Nov 20, 2014 6:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: Looking to add to Roth...
Replies: 2
Views: 639

Re: Get a financial advisor? Retired now

My Severance is a 403B acct which I can move to a TIRA. I have had it for 4 years. I am wondering if I should move it. it is managed but if I move it to Vanguard, then we will be at Flagship status and can get some help with allocations, etc. for free. Yes, roll the 403b over to Vanguard. Not only ...
by Duckie
Thu Nov 20, 2014 4:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Get a financial advisor? Retired now
Replies: 30
Views: 3986

Re: A few allocation questions

So the Vanguard Total Stock Market Index Fund has this split built in, but the BlackRock Equity Index Fund is only larger cap equities? Yes. If you look at the blue link you'll see that Equity Index follows the S&P 500 Index which is almost all large caps. Total Stock holds the 500 Index plus a...
by Duckie
Thu Nov 20, 2014 3:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: A few allocation questions
Replies: 3
Views: 472

Re: Queston About Allocation of Assests

ao3lane , welcome to the forum. I am planning on splitting my cash assets ($70,000) between the following: 35% in Fidelity Spartan Total Market Index Fund (FSTMX) 35% in Fidelity Spartan Global ex U.S. Index Fund (FSGDX) 30% in Fidelity Spartan U. S. Bond Index Fund (FBIDX) Is this a taxable accoun...
by Duckie
Wed Nov 19, 2014 10:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Queston About Allocation of Assets
Replies: 8
Views: 755

Re: Asset allocation for non-retirement savings

herpfinance , welcome to the forum. I recommend you edit your opening post and add "Denmark" to the title. That will focus certain european attention on you. If you were a US resident I would advise putting short-term assets in cash/bonds and not stocks. There is a difference between inve...
by Duckie
Wed Nov 19, 2014 10:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: [Denmark] Asset allocation for non-retirement savings
Replies: 4
Views: 457

Re: A few allocation questions

Rand1018 , welcome to the forum. Do my chosen 401k funds actually do a good job of mirroring what is in my vanguard account? I'm not completely sold on the description to description comparison I did. Would I be better off in a Target retirement Fund? The chosen 401k funds do a good job. Since all ...
by Duckie
Wed Nov 19, 2014 9:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: A few allocation questions
Replies: 3
Views: 472

Re: Get a financial advisor? Retired now

Here are my funds in my severance: I have about $85k in that severance plus about $35k in a Roth from American Funds. What exactly is the "severance" account? Is it a tax-sheltered account like an IRA? That's what it looks like but I may be wrong. Is it some type of annuity account? Is it...
by Duckie
Wed Nov 19, 2014 9:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Get a financial advisor? Retired now
Replies: 30
Views: 3986

Re: Solo 401k Contribution Limit Question

Regarding the interest, it COULD be funneled through the business. Would that expose it to any additional taxes such as social security/medicare? If the interest is from an asset in a personal account and you move it to a business account solely to contribute more to your solo 401k that becomes a t...
by Duckie
Wed Nov 19, 2014 7:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Contribution Limit Question
Replies: 3
Views: 574

Re: Portfolio Review/Advice

1) Asset allocation critique, fund placement reccs. The best options in the 403b/457b are: (VIIIX) Vanguard Institutional Index Fund Institutional Plus Shares (0.02%) (VMCPX) Vanguard Mid Cap Index Fund Institutional Plus Shares (0.06%) (VSCPX) Vanguard Small Cap Index Fund Institutional Plus Share...
by Duckie
Wed Nov 19, 2014 6:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review/Advice
Replies: 4
Views: 768

Re: New teenage driver - which car for insurance

If in an accident the Suburban will do a better job of protecting your kid and cause more damage to what it hits. I'd go with protecting the kid. It's also not sporty and may discourage some stupid driving activity. Although with a good backseat it may encourage other stupid parking activity.
by Duckie
Tue Nov 18, 2014 8:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: New teenage driver - which car for insurance
Replies: 31
Views: 2184

Re: Solo 401k Contribution Limit Question

What total income would you use to determine the maximum contribution allowable to the solo 401k ($100k, $200k, $300k or some other amount) and how much would that contribution be assuming the owner is younger than 50? The solo 401k is for business income, so unless the interest and dividends are b...
by Duckie
Tue Nov 18, 2014 8:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Contribution Limit Question
Replies: 3
Views: 574

Re: Pension vs. 403b

jr304989 , welcome to the forum. 1) Continue contributing to the Pension Plan and open up a supplementary 403b plan with my school. I would most likely at my current salary be only able to afford 5 or 6% in the 403b on top of the 7.5% going to the pension. I have already researched the investment o...
by Duckie
Tue Nov 18, 2014 7:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Pension vs. 403b
Replies: 3
Views: 484

Re: Consider freezing your credit

rixer wrote:The wife has her own credit as do I. Would we both have to freeze our credit separately or would freezing it cover both of us?

Your reports are individual and you would both have to separately freeze them.
by Duckie
Tue Nov 18, 2014 6:38 pm
 
Forum: Personal Consumer Issues
Topic: Consider freezing your credit
Replies: 45
Views: 3555

Re: Get a financial advisor? Retired now

Debt: Mortgage only $90k at 5% 5% is high. Can you reduce this rate? Can you pay this off before he retires? S.S. will be about $1,500 depending on when he takes it That's $18K per year. 42+18=60. Pretty close to your $65K. Annual expenses: $65k (except for a large item like a car) Is this before o...
by Duckie
Tue Nov 18, 2014 6:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Get a financial advisor? Retired now
Replies: 30
Views: 3986

Re: "Online" indicator

It's been there for years. You can always turn it off if you want.
by Duckie
Mon Nov 17, 2014 4:28 pm
 
Forum: Forum Issues and Administration
Topic: "Online" indicator
Replies: 3
Views: 393

Re: Roth IRA

David W , welcome to the forum. I want to roll over (if possible), my mandatory, inherited IRA yearly distribution of approximately $350 into a Vanguard Roth IRA. I will fund the remaining amount (6500-350= 6150) from our savings. Once you have taken the mandatory $350 distribution you may spend it...
by Duckie
Mon Nov 17, 2014 3:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth IRA
Replies: 4
Views: 1074

Re: New to the Forum/Investing - Looking for some tips

4. I’ve read that I shouldn’t even consider opening a taxable account until I can safely max out all tax-sheltered accounts for a given year. Is this sound advice? Given my age and situation, obviously a down payment for a house is on the near-term horizon. The phrase should be "taxable accoun...
by Duckie
Sun Nov 16, 2014 6:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: New to the Forum/Investing - Looking for some tips
Replies: 6
Views: 633

Re: Investment and saving balance

jsharim , welcome to the forum. - 65K Roth IRA (can't contribute any more due to income) Check out the 
 Backdoor Roth IRA 
 method. Since you show no non-Roth IRAs you will not have to deal with the pro-rata rule issue. It's simple: ⋅ Make a non-deductible contribution to a TIRA. ⋅&...
by Duckie
Sun Nov 16, 2014 5:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment and saving balance
Replies: 2
Views: 397

Re: Age 28, Short Term/Intermediate Term Financial Plan?

What do you think about these next short term/intermediate term plans? 1) In 1 year 10 mths, my Home Equity Loan will be paid off and I'll have an increase of $26,940 or an extra monthly principal payment of $1845. With this increase in cash flow I'll aggressively pay down the mortgage, which is at...
by Duckie
Sat Nov 15, 2014 4:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: Age 28, Short Term/Intermediate Term Financial Plan?
Replies: 11
Views: 1799

Re: Help Understanding My Employer's 401(k) Options

Chea7318 , welcome to the forum. My question is regarding my current holdings and whether or not I should invest heavily in VBINX when it switches over? Or should I keep them more diversified? I have included below my current portfolio. First, VBINX is not Total Bond, it's the Balanced Fund. I am g...
by Duckie
Fri Nov 14, 2014 8:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help Understanding My Employer's 401(k) Options
Replies: 11
Views: 883

Re: Consider freezing your credit

HomerJ wrote:
dad2000 wrote:I use one-time credit card numbers for online purchases.

Where do you get these?

Citibank has "Virtual Account Numbers" and Bank of America has "ShopSafe". You need to have credit cards from them to use the "virtual" option.
by Duckie
Fri Nov 14, 2014 4:55 pm
 
Forum: Personal Consumer Issues
Topic: Consider freezing your credit
Replies: 45
Views: 3555

Re: Dealing with pressure for "social donations" at work

BaldTom wrote:Don't be too surprised when the PAC representative shows up next.

What is the PAC representative?
by Duckie
Fri Nov 14, 2014 4:34 pm
 
Forum: Personal Consumer Issues
Topic: Dealing with pressure for "social donations" at work
Replies: 163
Views: 7904

Re: Backdoor Roth IRA

srkrish29 , welcome to the forum. 1. Even if the couple are filing for taxes jointly, does IRS view IRA accounts on individual basis for conversion considerations or considers as a family on making pro-rata assessment for conversion tax? It's individual. Her Traditional IRA does not affect you. 2. ...
by Duckie
Thu Nov 13, 2014 10:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA
Replies: 3
Views: 460

Re: Dealing with pressure for "social donations" at work

I'd ask for a receipt, that way you can file for either a charity deduction or unreimbursed business expense depending on your accountant's interpretation of the event. It can't be a charitable deduction because gifts to people don't qualify, but it might be an unreimbursed business expense, althou...
by Duckie
Thu Nov 13, 2014 8:16 pm
 
Forum: Personal Consumer Issues
Topic: Dealing with pressure for "social donations" at work
Replies: 163
Views: 7904

Re: Civic volunteer orgs for those too old to join the Jayce

Check out Lions Club. Under "Find a Club" I found six in the Raleigh area.
by Duckie
Thu Nov 13, 2014 7:48 pm
 
Forum: Personal Consumer Issues
Topic: Civic volunteer orgs for those too old to join the Jaycees?
Replies: 14
Views: 1560

Re: 401k Rollover to T-IRA, Backdoor Roth, and Pro-Rata

By holding $10k in VBIPX (short-term bond fund), how can I balance it with a longer term bond elsewhere in my portfolio? I'm concerned I'll be missing out on returns because of the short-term nature of the bond as opposed to the total bond market funds which are a mix of short/int/long terms. I thi...
by Duckie
Thu Nov 13, 2014 7:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401k Rollover to T-IRA, Backdoor Roth, and Pro-Rata
Replies: 20
Views: 1391

Re: Well Read But New Investor Now Retired Needs Advice

discreet , welcome to the forum. You don't list an Asset allocation but at your age from 50/50 to 40/60 would be reasonable. For this example I'm choosing 40% stocks, 60% bonds, with 30% of stocks in international. That breaks down to 28% US stocks, 12% international stocks, and 60% bonds. Here is ...
by Duckie
Wed Nov 12, 2014 7:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Well Read But New Investor Now Retired Needs Advice
Replies: 22
Views: 1721

Re: Roth 401k to IRA Question

falco269 , welcome to the forum. 1. Does the old 401k have decent options and can you leave it there? 2. Does your new job have an employer plan with decent options that allows incoming rollovers? 3. Will your old 401k let you split the rollover to two custodians; the Roth portion to a Roth IRA and...
by Duckie
Wed Nov 12, 2014 7:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth 401k to IRA Question
Replies: 2
Views: 280

Re: Portfolio reorganization advice

journey2FI , welcome to the forum. That's a very well written first post but yowza, you've got a lot of funds. I've since learned that it may be smarter to hold Bond and US funds in the tax advantaged accounts and International in the taxable account. Additionally if I'm going to have to balance my...
by Duckie
Tue Nov 11, 2014 9:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio reorganization advice
Replies: 3
Views: 429

Re: nuts and bolts of rolling over 403b

I know there aren't any tax consequences , but that doesn't mean I'm not going to have to somehow account for the transfer* on my taxes, right? You'll get a 1099-R from Transamerica. You report the rollover on Line 16 of the 1040 form. 16a for the total amount, 16b for the taxable amount (which is ...
by Duckie
Tue Nov 11, 2014 8:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: nuts and bolts of rolling over 403b
Replies: 9
Views: 650

Re: Backdoor Roth IRA Contribution/Conversion Date

For simplicity of tax purposes, is it easier to make my IRA contribution before December 31 2014 and then convert it prior to December 31st 2014? That way on my taxes for 2014 I will show a contribution/conversion for the same year. Yes, it is easier to make the contribution and conversion in the s...
by Duckie
Tue Nov 11, 2014 8:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA Contribution/Conversion Date
Replies: 4
Views: 500

Re: "A Unitized Conduit Account"?

It sounds like this is a pooled account but what does this mean and anything I should know about this type of fund? The BlackRock fund is a Collective investment trust which is just like a mutual fund for your purposes. It has units instead of shares and they aren't equal. Are these quality funds o...
by Duckie
Tue Nov 11, 2014 7:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: "A Unitized Conduit Account"?
Replies: 2
Views: 383

Re: Help me with 401k Fund Selection

elstongunnn , welcome to the forum. Looking to follow the 80/20 rule I've seen referenced. It's not really a rule. It's just that some people, myself included, think that most investors should have at least 20% bonds no matter how young and aggressive and at least 20% stocks no matter how old and c...
by Duckie
Mon Nov 10, 2014 7:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help me with 401k Fund Selection
Replies: 6
Views: 506

Re: Retirement allocation/emergency fund questions

RIAviator wrote:Since I'm over the $10,000 threshold for Advantage class funds in most of these fund categories after a re-org, would you always recommend going to those over the Investor class funds when available?

Absolutely use Advantage Class when you can. Why pay more than you have to?
by Duckie
Mon Nov 10, 2014 6:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retirement allocation/emergency fund questions
Replies: 12
Views: 1519

Re: Retirement allocation/emergency fund questions

4. As you can see, we were diversifying our funds within each account instead of considering all accounts as a whole and diversifying that way. The reason was so that monthly IRA/taxable contributions could be allocated into funds using the ratio we were trying to follow. It seems like that goes ag...
by Duckie
Fri Nov 07, 2014 7:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retirement allocation/emergency fund questions
Replies: 12
Views: 1519

Re: How to invest a new raise

Zedon , welcome to the forum. Age: 40 Desired Asset allocation: not sure- probably 100% stocks, not a fan of bonds at all at this point I think at age 40 no bonds is a mistake. Taxable -32% nothing invested - 20k cash Is this the emergency fund, for retirement, or something else? 457b CA Gov -17% <...
by Duckie
Thu Nov 06, 2014 7:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: How to invest a new raise
Replies: 2
Views: 351

Re: I-T Bond Funds in IRA

One thing that stood out was the 0.25% purchase fee for VICSX and that was a bit of concern to me. VFIDX has a higher percentage of bonds in the “A” ratings (~79%) than does VICSX (~50%). Five year returns are about the same. Can anyone offer any comments about either fund, does one have any distin...
by Duckie
Thu Nov 06, 2014 7:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: I-T Bond Funds in IRA
Replies: 3
Views: 422

Re: Job Change - Retirement Account Allocations & Rollover

goodproblemtohave , with your high income if you move 401k assets to a TIRA you will have an issue with the 
 Backdoor Roth IRA 
 method because of the pro-rata rule . You need to find out what the options/costs are in your new 401k plan. If they are decent you should definitely roll the SEP IRA ov...
by Duckie
Wed Nov 05, 2014 5:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Job Change - Retirement Account Allocations & Rollover
Replies: 2
Views: 284

Re: How is my current savings doing?

schrute , welcome to the forum. I have about $100K in savings ($80K in stocks and $20K in savings/emergency fund). I plan to have another $100K by February 2016, so $200K+ total. Is this all taxable? Also, I only have $12K in a Roth IRA, but would like to have this fully funded (I am reaching the m...
by Duckie
Wed Nov 05, 2014 5:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: How is my current savings doing?
Replies: 10
Views: 754

Re: New Boglehead seeking advice

mark12 , welcome to the forum. please help me choose the better principal funds. I didn't bother to look up everything (and I couldn't find PCPGX anywhere) but the best/cheapest options in your 401a are: ( PLFMX ) Principal Large Cap S&P 500 Index Fund R3 Class (0.72%) ( PMFMX Principal Mid Cap...
by Duckie
Wed Nov 05, 2014 3:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Boglehead seeking advice
Replies: 5
Views: 287

Re: Roth IRA @ Max Income Bracket

Does it make sense to make non-deductible contributions to a Roth IRA when I am at the max income bracket? If I expect my marginal rate to go down by the time I am going to be withdrawing, wouldn't I actually be hurting myself by converting what will likely be capital gains into ordinary income? Wh...
by Duckie
Wed Nov 05, 2014 2:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth IRA @ Max Income Bracket
Replies: 9
Views: 646

Re: Portfolio Help!

jrillini , welcome to the forum. Let me know if I need to provide any additional info to get the best advice. Please use the 
 Asking Portfolio Questions template. We don't know if the $330K includes the 401k. We don't know what your 401k options are. We don't know a lot things. The template helps ...
by Duckie
Wed Nov 05, 2014 2:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help!
Replies: 3
Views: 364

Re: Roth Conversion / Asset Allocation finally out of traini

7be7be , welcome to the forum. 1. We'd like to start using the backdoor Roth option since we're maximizing our pre-tax contributions, but currently have $66k in Rollover IRAs. I'm thinking of rolling my Rollover IRA into my 403 and converting her rollover to Roth to save a bit on taxes. I could als...
by Duckie
Tue Nov 04, 2014 6:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion / Asset Allocation finally out of training
Replies: 2
Views: 451

Re: ETF taxation -- am I understanding this right?

decaf510 , welcome to the forum. I hold this ETF for 366 days. In that time, there are no distributions and no dividend payments made. At the end of 366 days, I sell my ETF shares for $1100, realizing a capital gain of $100. Is this a long-term capital gain for me for tax purposes, regardless of ho...
by Duckie
Mon Nov 03, 2014 5:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: ETF taxation -- am I understanding this right?
Replies: 2
Views: 308
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