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Re: Fewer, large contributions vs smaller, regular contribut

Thanks Leerar, will go ahead and start to have taxable dividends sent to savings. Tax advantaged accounts I can continue to reinvest dividends...correct? thank you!
by Gardener
Mon Mar 31, 2014 6:57 am
 
Forum: Investing - Theory, News & General
Topic: Fewer, large contributions vs smaller, regular contributions
Replies: 14
Views: 913

Re: Fewer, large contributions vs smaller, regular contribut

Thank you very much for the responses. I will go ahead and start making regular monthly contributions. One follow on question if I may regarding the reinvestment of dividends. I have been having my accounts automatically reinvest the dividends in their respective 401k, roths, and taxable accounts. S...
by Gardener
Mon Mar 31, 2014 6:43 am
 
Forum: Investing - Theory, News & General
Topic: Fewer, large contributions vs smaller, regular contributions
Replies: 14
Views: 913

Fewer, large contributions vs smaller, regular contributions

Forgive me for the amateurish question. Is it advisable to purchase index funds in clean, round number amounts versus, lets say, regular purchases/contributions each month? Does making round lump sum contributions make accounting easier down the line when one sells? For example, each year I wait unt...
by Gardener
Sun Mar 30, 2014 8:26 am
 
Forum: Investing - Theory, News & General
Topic: Fewer, large contributions vs smaller, regular contributions
Replies: 14
Views: 913

Re: Ultraviolet light to treat house water?

That was the information that I was looking for, GED and hicabob.

I am grateful for the timely responses!
by Gardener
Fri Mar 07, 2014 6:48 am
 
Forum: Personal Finance (Not Investing)
Topic: Ultraviolet light to treat house water?
Replies: 4
Views: 626

Ultraviolet light to treat house water?

This might be a long shot.. Does anyone have any experience with using ultraviolet (uv) light to treat their house water? I live in the country and recently found out that our water has bacteria in amounts that exeeds our counties safety standards. Have received two estimates on how to treat the wat...
by Gardener
Thu Mar 06, 2014 8:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Ultraviolet light to treat house water?
Replies: 4
Views: 626

Re: Deferred Compensation Plan

Op here. Thank you everyone for helping to break this down for me. Couple of quick clarifications: Reading through the Summary of Plan Provisions, I see that if employment is terminated before normal retirement age, account is paid in a single lump sum, regardless of our payment elections. Regarding...
by Gardener
Mon Dec 16, 2013 8:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Deferred Compensation Plan
Replies: 27
Views: 1642

Deferred Compensation Plan

My wife has recently been offered the option to participate and contribute to her employer's non qualified Deferred Compensation plan. Would this make sense to do even though it is very possible that my wife will not be working here at retirement age? Second, would we get hit with the 10% early with...
by Gardener
Sun Dec 15, 2013 7:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Deferred Compensation Plan
Replies: 27
Views: 1642

Re: Highly compensated employee and deferral limits??

Texas hold em71 wrote:It sounds to me like your wife's company won't let her put in more than 4 percent. I would ask HR to be sure.
.


Crap- this is what I am thinking as well. Will verify this well.

Thanks for the explanation about the reasoning behind HCE maximum limits. Had no idea.
by Gardener
Sat Dec 07, 2013 10:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Highly compensated employee and deferral limits??
Replies: 8
Views: 604

Re: Highly compensated employee and deferral limits??

[/quote]Your wife should check the plan summary to see if the 20% rule has been adopted by the plan. If she is one of the top 20% she will be notified that her contribution is limited to 4%.[/quote] Thanks for the above manwithnoname (I assume that isn't your real name?) Will check into the plan sum...
by Gardener
Sat Dec 07, 2013 10:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: Highly compensated employee and deferral limits??
Replies: 8
Views: 604

Re: Highly compensated employee and deferral limits??

furwut wrote:
Your wife is limited to contributing, over the course of a year, the lessor of 4% of her income or $17,500.
k.


This was my understanding as well, but wanted to make sure. Thank you for confirming this.
by Gardener
Sat Dec 07, 2013 10:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Highly compensated employee and deferral limits??
Replies: 8
Views: 604

Re: Highly compensated employee and deferral limits??

I have been a HCE for a long time and have contributed more than 4 percent for all of that time. In some years, our plan has failed the discrimination testing (lower earning employees did not contribute enough) and some of my contribution was returned to me and taxed. Usually no more than a few hun...
by Gardener
Sat Dec 07, 2013 9:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Highly compensated employee and deferral limits??
Replies: 8
Views: 604

Highly compensated employee and deferral limits??

I was hoping to see if anyone might be able to better clarify or explain IRS maximum deferral limits in a 401k on highly compensated employees. I'm not so sure that I understand what the IRS and my wife's 401k are saying... Heres my question. Given the below italicized information I found on her 401...
by Gardener
Sat Dec 07, 2013 1:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Highly compensated employee and deferral limits??
Replies: 8
Views: 604

Re: Medical Coverage Help

"Obamacare has nothing to do with coverage of spouses on employer health plans. That is entirely your employer's choice." Jack, with all due respect, you cannot be serious. I can quite literally find 100 reputable news articles that indicate otherwise. http://www.foxnews.com/politics/2013/...
by Gardener
Wed Nov 20, 2013 8:49 am
 
Forum: Personal Finance (Not Investing)
Topic: Medical Coverage Help
Replies: 12
Views: 789

Re: Concerned about losing principal in Total Bond Market Fu

Op here. I certainly don't plan on doing anything rash or immediate to my investing plan. But, I am leaning towards likely going down one of two paths in the future. Path one - continue investing in TBM as I am or Path two- (as grayparrot suggested) invest the fixed income part of my portfolio in eq...
by Gardener
Tue Nov 19, 2013 12:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Concerned about losing principal in Total Bond Market Fund
Replies: 92
Views: 8434

Re: Medical Coverage Help

Quick update- So, my research findings indicate that Obamacare punishes those that wish to have their spouse added/remain on coverage. By taking my wife off of my plan, my Aetna health insurance rate goes from $425/mo. to $130 a month. My wife, will also have her company solely cover her (checked in...
by Gardener
Tue Nov 19, 2013 11:44 am
 
Forum: Personal Finance (Not Investing)
Topic: Medical Coverage Help
Replies: 12
Views: 789

Re: Concerned about losing principal in Total Bond Market Fu

@dbr- I think I am more concerned about the bond part of the portfolio, because I feel that this is an area where I have more control on the outcome. If I believe interest rates will stay the same or go up, wouldn't it be advisable to move over to CD's or somewhere else in bonds where I might be abl...
by Gardener
Mon Nov 18, 2013 10:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Concerned about losing principal in Total Bond Market Fund
Replies: 92
Views: 8434

Concerned about losing principal in Total Bond Market Fund

Would I be better off investing in something other than the Total Bond Market Index Fund in the bonds section of my 3 fund portfolio? I get a little anxious losing principal in Total Bond Market. It seems to me that rates will stay the same or rise for the foreseeable future. Our brief financial bio...
by Gardener
Mon Nov 18, 2013 9:39 am
 
Forum: Investing - Help with Personal Investments
Topic: Concerned about losing principal in Total Bond Market Fund
Replies: 92
Views: 8434

Re: A Modest Proposal

For reasons eloquently expressed by Victoria, I think that the Bogleheads should keep the site the way it is. I think the moderators tight moderation of the material permitted on the site make it the intelligent, sober site that it is.
by Gardener
Sun Nov 17, 2013 11:24 am
 
Forum: Forum Issues and Administration
Topic: A Modest Proposal [adding off-topic board]
Replies: 76
Views: 4865

Re: Medical Coverage Help

@ Molesky- good call. I'll check in to see the quality of my wife's employer's coverage plan. Haven't even gotten the name of the company yet (we've both been working like dogs lately and haven't had time to really go over this) . Agree that Federal exchange unlikely to provide better rates and I've...
by Gardener
Thu Nov 14, 2013 6:14 am
 
Forum: Personal Finance (Not Investing)
Topic: Medical Coverage Help
Replies: 12
Views: 789

Medical Coverage Help

Looking for some guidance, here. I am in open enrollment with my company until 11/22/2013. My health insurance for just my wife and I will be going up 5x (!) (from $80 to $425 per month) on 1/1/2014 from the rates in 2013 for the same medical coverage plan (Aetna 2000 w/HSA). I only have one other p...
by Gardener
Wed Nov 13, 2013 7:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Medical Coverage Help
Replies: 12
Views: 789

Re: Anyone know the San Antonio, TX area?

Thank you very much for your responses.

Will look at Alamo Heights.

And just finished reading through the city data forum, which provided some good ideas as well.
by Gardener
Thu Jul 11, 2013 5:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Anyone know the San Antonio, TX area?
Replies: 4
Views: 534

Anyone know the San Antonio, TX area?

Are there any nice, safe areas to raise a family near Lackland Air Force base in San Antonio? If so, what areas, neighborhoods? I am a government contractor and have the opportunity to move to San Antonio. Ideally, I would like to live within ten minutes of my work, which would be at Lackland. I wou...
by Gardener
Thu Jul 11, 2013 7:47 am
 
Forum: Personal Finance (Not Investing)
Topic: Anyone know the San Antonio, TX area?
Replies: 4
Views: 534

Re: Question: Taxable investing, International Stock investi

Hoppy, Thank you for your reply. Your point about most plans offering inferior international fund options is exactly why I was looking to place international in taxable accounts. Also, I will look at the links you have provided. Livesoft, Thank you for your reply and the information on the foreign t...
by Gardener
Fri Jul 05, 2013 6:35 am
 
Forum: Investing - Help with Personal Investments
Topic: Question: Taxable investing, International Stock investing
Replies: 4
Views: 411

Question: Taxable investing, International Stock investing

Quick notes about my situation: 1. I am new to investing in taxable accounts. 2. I am maxing out all tax advantaged places. 3. I am utilizing the three fund portfolio, US Mutual Funds, US Bonds Funds, Intl Mutual Funds And my questions: Would it be wise to invest in the VG Total International Stock ...
by Gardener
Thu Jul 04, 2013 11:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Question: Taxable investing, International Stock investing
Replies: 4
Views: 411

Re: Buying a car outright smartest financially?

Spending half of ones life savings on a vehicle, a second one no less, would be unwise. At your young age, I would recommend making financial decisions with the goal of building wealth, not depleting half of it! Op, good job on making a serious income at a young age. I am fairly certain that that le...
by Gardener
Thu Jul 04, 2013 7:52 am
 
Forum: Personal Consumer Issues
Topic: Buying a car outright smartest financially?
Replies: 149
Views: 10049

Re: Jump in price in my electricity bill?

Just got off the phone with the power company. They asked for the reading that I came up with today. She input the number I gave her in my file. The woman was very pleasant and apologized for the inconvenience. Said she could: 1) reissue a new bill for last month based on my reading (Im on autobill ...
by Gardener
Tue Jun 18, 2013 5:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Jump in price in my electricity bill?
Replies: 29
Views: 1941

Re: Jump in price in my electricity bill?

mptness wrote:You didn't mention how you get your water.
A submersible well pump can malfunction (ie. Cycle on and off more frequently) without you realizing.


I never considered that. We live out in the country and have well water.
by Gardener
Tue Jun 18, 2013 5:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: Jump in price in my electricity bill?
Replies: 29
Views: 1941

Re: Jump in price in my electricity bill?

Well, I have found the answer. Meter was misread by power company by one important digit. The Baltimore Gas and Electric Meter invoice (6/10/2013) current reading was 93822 kWh. I can see plain as day, today (6/18/2013) my meter reads 93091 kWh! Everyone makes mistakes, I suppose. In meterman's defe...
by Gardener
Tue Jun 18, 2013 5:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Jump in price in my electricity bill?
Replies: 29
Views: 1941

Re: Jump in price in my electricity bill?

Bill is not estimated for this month. And previous month was not estimated either.

Rates are just about the same as last year. This Invoice indicates a large increase in usage over years passed.

Ill take a look at the meter and the water heater.
by Gardener
Mon Jun 17, 2013 9:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Jump in price in my electricity bill?
Replies: 29
Views: 1941

Jump in price in my electricity bill?

My electric bill was more than double than what it usually is this time of year- $215 I went through my previous years electric bills. For the same time period (May 10-June 10) last year it was in the $90's. The year prior to that it was in the $80's. Same house. Same electricity provider. Haven't e...
by Gardener
Mon Jun 17, 2013 8:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: Jump in price in my electricity bill?
Replies: 29
Views: 1941

Re: [Can I afford a] New Car Purchase

Looking back, One of the best financial decisions I made in my 20's was to purchase a very affordable, very reliable used car with cash. I am 30 now. Purchased a 2000 Toyota Camry xle in 2006 with 114,xxx miles. Did my homework on the make and model and year of the car. Took it to my mechanic to ful...
by Gardener
Sun Jun 09, 2013 1:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: [Can I afford a] New Car Purchase
Replies: 48
Views: 3105

Re: Refinance small condo loan?

Folks, Thanks so much for your input. I read through all of your responses, but have printed this thread out so I can analyze more in depth the different types of options you provided. Before I posted, I was leaning towards trying to get something done with PenFed 5/5Arm. Now, it seems this might be...
by Gardener
Fri May 10, 2013 6:04 am
 
Forum: Personal Finance (Not Investing)
Topic: Refinance small condo loan?
Replies: 6
Views: 546

Refinance small condo loan?

Would it be advisable for my mother in law to refinance her small mortgage? If so, is there a particular institution that I should check out with her? Any guidance or advice would be appreciated. Heres the background on my mother - in - law's current mortgage and her overall finances: Property Locat...
by Gardener
Wed May 08, 2013 6:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Refinance small condo loan?
Replies: 6
Views: 546

Investment advice for sister

Here it goes. My 25 year old sister earns all of her income under the table. My dad claims her as a dependent on his tax return. Her income likely only amounts to around 15-20k per year. Still, she could invest a large portion of this income, because her parents pay most of her expenses (I know this...
by Gardener
Tue Apr 09, 2013 8:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment advice for sister
Replies: 8
Views: 1192

1099 work for Accountants?

Hello,

I am in need of some information/guidance.

What types of work do 1099 earning accountants do? Tax prep/returns is the one that immediately jumps out. What other work is there for an accountant that desires to be self employed?

Thank you for your time and input.
by Gardener
Sun Mar 10, 2013 2:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: 1099 work for Accountants?
Replies: 0
Views: 190

Re: My experience with a financial advisor

With all due respect, it sounds like you had little to zero interest in obtaining this advisor/salesman's services. Why go - for giggles? Did the advisor/salesmen know you were there just for giggles? Whether you like the way he goes about doing business or not- this man essentially sells his financ...
by Gardener
Thu Mar 07, 2013 9:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: My experience with a financial advisor
Replies: 43
Views: 3386

Re: sending IRS a paper return- attachments?

Of course- the 1040 instructions :oops: One other minor concern. It seems some on here have experienced issues (in the form of lost paperwork) when sending in a paper return(?) Nevertheless, I think I'll still go ahead and send the paper return and be careful to give them everything that they reques...
by Gardener
Mon Feb 25, 2013 6:57 am
 
Forum: Personal Finance (Not Investing)
Topic: sending IRS a paper return- attachments?
Replies: 20
Views: 877

sending IRS a paper return- attachments?

I completed my tax return by hand this year for the first time. I printed out the fillable forms on the IRS website and filled them in by pen. I looked through the pub 17 and found where to send the paper returns, but did not find in the pub 17 as to what attachments, receipts, etc, needed to accomp...
by Gardener
Sun Feb 24, 2013 7:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: sending IRS a paper return- attachments?
Replies: 20
Views: 877

Re: Medical Expenses on Schedule A

Thank you, Bruce.
by Gardener
Sun Feb 17, 2013 11:00 am
 
Forum: Personal Finance (Not Investing)
Topic: Medical Expenses on Schedule A
Replies: 15
Views: 578

Re: Medical Expenses on Schedule A

One more thing. My job expenses (boxes 21-27 on schedule A) do not exceed 2% of our AGI. Do I need to bother filling out the form 2106 (employee business expenses)? I notice my accountant included the form last year (which is the reason I pose the question) .
by Gardener
Sun Feb 17, 2013 10:54 am
 
Forum: Personal Finance (Not Investing)
Topic: Medical Expenses on Schedule A
Replies: 15
Views: 578

Re: Medical Expenses on Schedule A

Levett -Thanks-After doing further reseach, I will simply leave box A blank. Same goes for job expenses. On a side note--I dont know why my accountant even bothers filling in box 22 (his accountant fees), as they amount to a zero deduction for me. Huey- Good Catch. I went ahead and did some research...
by Gardener
Sun Feb 17, 2013 10:39 am
 
Forum: Personal Finance (Not Investing)
Topic: Medical Expenses on Schedule A
Replies: 15
Views: 578

Medical Expenses on Schedule A

I am doing taxes by hand this year and have a question regarding the schedule A, itemized deductions. Specifically, I am looking at box 1 medical and dental expenses. It appears that tallying up my numerous tiny medical and dental receipts will be a fruitless task. These expenses make up far less th...
by Gardener
Sun Feb 17, 2013 9:46 am
 
Forum: Personal Finance (Not Investing)
Topic: Medical Expenses on Schedule A
Replies: 15
Views: 578

Re: Questions, completing income return by hand

This is helpful. Thank you for the link and the reference to the i1040. I will use them. I am going to see if I can order the pub 17 from IRS. Its kind of nice just to have the guidance right in front of you. Ill probably come back and ask additional questions when I get to the Adjustable Income sec...
by Gardener
Sun Feb 10, 2013 12:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Questions, completing income return by hand
Replies: 9
Views: 427

Questions, completing income return by hand

I am doing my own taxes this year manually to get a better feel as to what exactly is driving my income tax bill. If the material in this post is too granular and the post is removed, I will understand. For the income part of Form 1040 1. Is box 7 on the 1040 (wages, salaries, etc) computed by simpl...
by Gardener
Sun Feb 10, 2013 12:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Questions, completing income return by hand
Replies: 9
Views: 427

Re: Thinking of going back to school to become an accountant

If you like accounting then you may like being an accountant. It's often repetitive work and can be both dull and stressful but it is stable work with some status. That may sound negative but some love accounting and some don't. It's like engineering or computer science in that respect. Pay is gene...
by Gardener
Sun Dec 23, 2012 9:27 am
 
Forum: Personal Finance (Not Investing)
Topic: Thinking of going back to school to become an accountant
Replies: 12
Views: 1611

Re: Thinking of going back to school to become an accountant

I graduated from college back in 2005 when I was 22, worked as an external auditor at one of the big 4 firms, made it to Manager after 5 years, and got out after 6 years total. I now work in the finance department of a public company so I may be able to provide you with some decent insight. I'll an...
by Gardener
Sun Dec 23, 2012 9:10 am
 
Forum: Personal Finance (Not Investing)
Topic: Thinking of going back to school to become an accountant
Replies: 12
Views: 1611

Re: Thinking of going back to school to become an accountant

I received my accounting degree when I was around early 30s so should not be a problem. But you need to consider which part of "accounting" you like and getting the CPA license. In accounting you can do tax, non profit, gov't, bookkeeping, and investment accounting. Depending which field ...
by Gardener
Sun Dec 23, 2012 8:45 am
 
Forum: Personal Finance (Not Investing)
Topic: Thinking of going back to school to become an accountant
Replies: 12
Views: 1611

Thinking of going back to school to become an accountant

Over the last two years or so, I have been strongly considering changing careers. I have done a fair amount of research on different potential careers and believe that public accounting might be a good fit for my personality and skill set. Specifically, I was interested in the idea of eventually ope...
by Gardener
Sat Dec 22, 2012 4:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Thinking of going back to school to become an accountant
Replies: 12
Views: 1611

Re: Nest Egg number question

OP, I applaud you for the act of planning at such a young age. Rather than comment on the individual components, I would suggest that nobody has any idea what expenses you will have 40 years from now. Tax rates could be lower or higher. Social security could be the same of lower. Inflation could be...
by Gardener
Sun Dec 02, 2012 1:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Nest Egg number question
Replies: 21
Views: 1820
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