Search found 2523 matches

by JamesSFO
Fri Jul 24, 2015 9:32 am
Forum: Personal Finance (Not Investing)
Topic: How long does a company have to deposit withheld 401k funds?
Replies: 19
Views: 1918

Re: How long does a company have to deposit withheld 401k funds?

You're correct to an extent. The requirement I discussed above is specific to when the funds have to be segregated from the employer's assets and held in trust for the plan. However, it's likely imprudent and a violation of the plan's documents to have the plan's money sitting in cash for any lengt...
by JamesSFO
Thu Jul 23, 2015 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: How long does a company have to deposit withheld 401k funds?
Replies: 19
Views: 1918

Re: How long does a company have to deposit withheld 401k funds?

Nope. That is definitely wrong. The safe harbor is a safe harbor, not a suggestion. The requirement in all situations is that the employees' contributions be remitted as soon as possible. Small employers get a pass on having to pay interest and excise taxes if they remit within 7 business days. Lar...
by JamesSFO
Mon Jul 20, 2015 11:26 pm
Forum: Investing - Theory, News & General
Topic: Pros and cons of adding Roth Option to 401K Plan
Replies: 94
Views: 5363

Re: Pros and cons of adding Roth Option to 401K Plan

I respect livesoft tremendously, and he is one of the people who convinced me personally to switch from Roth --> traditional contributions. That said, I believe plans should have a Roth option. Different workers have different plans and different beliefs about future government policies, tax rates, ...
by JamesSFO
Sun Jul 19, 2015 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback on Scott Burns and AssetBuilder Inc.
Replies: 28
Views: 7835

Re: Feedback on Scott Burns and AssetBuilder Inc.

I keep hearing that an adviser is required to purchase DFA funds. I am able to buy DFA funds in my employers 401(k) held at Schwab. Schwab charges me a one time transaction fee of $15 to purchase any DFA fund, no matter the size of the purchase. I agree that this would be prohibitive if I were putt...
by JamesSFO
Sat Jul 18, 2015 1:56 am
Forum: Investing - Help with Personal Investments
Topic: Help with 401K Selection Please
Replies: 22
Views: 758

Re: Help with 401K Selection Please

You might want to edit your post to include the expense ratios + any fees your 401K provides since those are not standardized even if the mutual fund has a ticker symbol.
by JamesSFO
Sun Jun 21, 2015 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Is Private Banking ever useful for simple Bogleheads
Replies: 35
Views: 4247

Re: Is Private Banking ever useful for simple Bogleheads

I've found it useful from time to time for getting someone more customer-service focused and getting the occasional exception to "rules" which turn out to be "flexible policies".
by JamesSFO
Sun Jun 07, 2015 6:52 am
Forum: Investing - Theory, News & General
Topic: Switching 401k Providers: Vanguard vs. Employee Fiduciary vs. Ubiquity
Replies: 4
Views: 548

Re: Switching 401k Providers: Vanguard vs. Employee Fiduciary vs. Ubiquity

At first they just seemed adequate, but they had basic record keeping breakdowns and we never managed to get anyone to take responsibility. That doesn't sound good—would you be willing to elaborate a bit? I've been hearing a couple of things like this as continue to research them. Private message me.
by JamesSFO
Sat Jun 06, 2015 1:08 am
Forum: Investing - Theory, News & General
Topic: Switching 401k Providers: Vanguard vs. Employee Fiduciary vs. Ubiquity
Replies: 4
Views: 548

Re: Switching 401k Providers: Vanguard vs. Employee Fiduciary vs. Ubiquity

I've had nothing but trouble with Ubiquity (f/k/a The Online 401K). At first they just seemed adequate, but they had basic record keeping breakdowns and we never managed to get anyone to take responsibility. A year ago I would have said they were passable, now I feel like they are a complete disaster.
by JamesSFO
Mon May 18, 2015 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k but with ineligible employees?
Replies: 21
Views: 1590

Re: Solo 401k but with ineligible employees?

James, why do you think I should get started on regular 401K or SIMPLE IRA. I have until early 2016 to take care of that, right? Assuming you are going to end up with a "real" 401K in 2016 just fix it now. I don't want to claim to understand what happens to your Solo 401K plan if you hire...
by JamesSFO
Sat May 16, 2015 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k but with ineligible employees?
Replies: 21
Views: 1590

Re: Solo 401k but with ineligible employees?

Are you planning to terminate the plan in 2016? If not, you need to get a "regular" 401K anyhow, so start that process now and the 3 emps will still be ineligible until March 2016 but for 2015 you can contribute for certain...
by JamesSFO
Thu May 14, 2015 8:16 am
Forum: Investing - Help with Personal Investments
Topic: $50 charge to switch IRA from Fidelity to Vanguard
Replies: 14
Views: 1617

Re: $50 charge to switch IRA from Fidelity to Vanguard

Is $50 so much that it is worth going through the hassle of two transfers to avoid? If you don't like Fidelity and want Vanguard just move the money once, pay the fee and move on. (just my humble opinion)
by JamesSFO
Thu May 07, 2015 11:13 pm
Forum: Forum Issues and Administration
Topic: UI issues (especially iPad)? please evaluate alternate styles
Replies: 41
Views: 5359

Re: UI issues (especially iPad)? please evaluate alternate styles

It's a matter of resources. Even though we stick with the "stock" style, each one must be customized to incorporate the custom links, search box, and logo as you see at the top of the forum, for example. This takes time - not to mention that you need to test it on a LOT of resolutions and...
by JamesSFO
Thu May 07, 2015 9:20 pm
Forum: Forum Issues and Administration
Topic: UI issues (especially iPad)? please evaluate alternate styles
Replies: 41
Views: 5359

Re: UI issues (especially iPad)? please evaluate alternate styles

Is there some reason we cannot have user selectable styles from a reasonably small set?
by JamesSFO
Tue Apr 28, 2015 5:49 am
Forum: Personal Finance (Not Investing)
Topic: Displeased with Fidelity Cash / BNY Mellon- debit card theft
Replies: 18
Views: 2120

Re: Displeased with Fidelity Cash / BNY Mellon- debit card t

Again, write a good old fashioned letter. Also at this point since you've had a claim denied once a police report may be helpful.

Good luck!
by JamesSFO
Thu Apr 23, 2015 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Opening Online Savings Account with Credit Freeze
Replies: 10
Views: 1125

Re: Opening Online Savings Account with Credit Freeze

"know your customer"/patriot act; I have a freeze and sometimes if they are just doing the header/soft pull for the identity questions it works, other banks not so much.
by JamesSFO
Thu Apr 23, 2015 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Transfer May 1st - Payment??
Replies: 9
Views: 769

Re: Mortgage Transfer May 1st - Payment??

One of my requirements when I refinanced was I always stayed with institutions that guaranteed that they would maintain the servicing of my loan for the life of the loan
by JamesSFO
Wed Apr 22, 2015 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Displeased with Fidelity Cash / BNY Mellon- debit card theft
Replies: 18
Views: 2120

Re: Displeased with Fidelity Cash / BNY Mellon- debit card t

Just a reminder you can submit the materials in writing to Fido/BNY and explain your situation plus your working hours, attach the police report, etc. It's inconvenient but sometimes the only way to do it. When I had an identity theft incident in 2009 it was a pain and MOST places were good about de...
by JamesSFO
Wed Apr 22, 2015 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Transfer May 1st - Payment??
Replies: 9
Views: 769

Re: Mortgage Transfer May 1st - Payment??

Honestly if you don't have automatic payments "pull" set up, this is one where if I could swing it I would make the payment BEFORE the transfer say on April 27th so the payment has settled by May 1st. But I'm a belt-AND-suspenders kind of guy. Theoretically everything should go smoothly bu...
by JamesSFO
Wed Apr 22, 2015 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Random Questions about Solo 401(k)
Replies: 11
Views: 1122

Re: Random Questions about Solo 401(k)

If I set up a Solo 401(k) for a side business as a sole proprietorship, could the board help with these questions? 1. Are there any problems with intermittent contributions? Say I contribute $18,000 in one year, but nothing for three years, and another $5,000 in the fourth year. Is this OK? Should ...
by JamesSFO
Fri Apr 17, 2015 10:15 am
Forum: Forum Issues and Administration
Topic: Abbreviation: "OP"[? = "Original Poster"]
Replies: 14
Views: 1785

Re: Abbreviation: "OP"

TigerNest wrote:What about "DW"? From the context, it sounds like it means spouse, but for the life of me I can't figure out what it stands for.


Dear Wife

For the reader:

DH (husband)
DS (sister or spouse or son)
DD (daughter)
etc...
by JamesSFO
Tue Apr 14, 2015 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Short term 6 month investment option
Replies: 4
Views: 425

Re: Short term 6 month investment option

If you absolutely need the money, FDIC insured accounts. There are several banks paying closer to 1%.
by JamesSFO
Thu Apr 09, 2015 8:21 am
Forum: Personal Finance (Not Investing)
Topic: 2 commas and mortgage-free
Replies: 33
Views: 4980

Re: 2 commas and mortgage-free

Congrats!
by JamesSFO
Tue Apr 07, 2015 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Switch to 15 year mortgage? (Cash flow vs. better rate)
Replies: 17
Views: 1828

Re: Switch to 15 year mortgage? (Cash flow vs. better rate)

I made a similar switch back around 2004 to a 15 year mortgage and it ended up being a good type of forced savings. But it definitely was tough for the 1-2 years in terms of cash flow.
by JamesSFO
Tue Apr 07, 2015 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Need[ed] to stop an ACH transfer [that once was] tomorrow
Replies: 11
Views: 2688

Re: EMERGENCY! Need to stop an ACH transfer happening tomorr

Moving the money around may just cause insufficient funds fees of various sorts that will be more disruptive especially if companies keep re-attemping the ACH pull...
by JamesSFO
Thu Apr 02, 2015 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Purchase vs lease solar panels?
Replies: 34
Views: 2920

Re: Purchase vs lease solar panels?

there was an article I believe in the NYTimes in the last week or so about the risks of leased panels when you go to sell the home, it disrupts the sale process. Not sure of the details... may be worth researching. EDIT latimes - http://www.latimes.com/business/realestate/la-fi-harney-20150322-story...
by JamesSFO
Wed Apr 01, 2015 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put money needed for downpayment in 1 year
Replies: 10
Views: 1478

Re: Where to put money needed for downpayment in 1 year

If you absolutely need the money: FDIC insured bank accounts.
by JamesSFO
Sun Mar 29, 2015 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA
Replies: 2
Views: 279

Re: Traditional IRA

If you want to buy the VG Target Retirement funds WITHOUT paying fees, you are going to need to buy them from Vanguard in all likelihood.

ETrade likely has fees to buy VG mutual funds.
by JamesSFO
Sat Mar 28, 2015 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Loan Terms -- Helping a friend going through Divorce?
Replies: 39
Views: 3852

Re: Loan Terms -- Helping a friend going through Divorce?

We drafted the promissory note, they decided to split and then decided to stay together... so no loan as of yet.
by JamesSFO
Sat Mar 28, 2015 12:18 am
Forum: Local Chapters and Bogleheads Community
Topic: San Jose, CA Area Bogleheads Chapter
Replies: 26
Views: 4236

Re: San Jose, CA Area Bogleheads Chapter

Actually there have been like 3 recent threads on buying homes in the SF Bay area and many more, can I humbly request that we NOT turn this thread into a discussion of issues that are already pretty well addressed in other areas of this forum.
by JamesSFO
Thu Mar 26, 2015 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: EE/I Bond Rate Predictions for May 1 2015?
Replies: 10
Views: 2030

Re: EE/I Bond Rate Predictions for May 1 2015?

I buy 2x/year for each once in the trust and once in my personal account
by JamesSFO
Thu Mar 26, 2015 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: EE/I Bond Rate Predictions for May 1 2015?
Replies: 10
Views: 2030

Re: EE/I Bond Rate Predictions for May 1 2015?

Thanks I will pull the trigger on my purchases now, I guess it was wishful thinking that it would be more...
by JamesSFO
Thu Mar 26, 2015 11:13 am
Forum: Investing - Help with Personal Investments
Topic: EE/I Bond Rate Predictions for May 1 2015?
Replies: 10
Views: 2030

EE/I Bond Rate Predictions for May 1 2015?

Any thoughts on whether to buy EE/I bonds now vs. after May 1? E.g. interest rate tea-leaf predictions
by JamesSFO
Thu Mar 26, 2015 9:17 am
Forum: Personal Consumer Issues
Topic: Manufactured Spending - Good Idea / Bad Idea?
Replies: 109
Views: 12354

Re: Manufactured Spending - Good Idea / Bad Idea?

Is there an element that people like to (a) brag and (b) FT and other forums tend to bring out the most extreme cases? I remember a friend commenting on a Lego VIP points discussion on the Lego VIP forums and strangely everyone had tons of points... Remember to manufacture $XK/month in spending you...
by JamesSFO
Thu Mar 26, 2015 9:15 am
Forum: Investing - Help with Personal Investments
Topic: What would you do with 1.25 million dollars for 1 year?
Replies: 39
Views: 4137

Re: What would you do with 1.25 million dollars for 1 year?

With incomes over $1M some of the safe harbors do not apply, e.g. in California no safe harbor amount...
by JamesSFO
Thu Mar 26, 2015 8:17 am
Forum: Investing - Help with Personal Investments
Topic: When does a 529 plan make sense to me?
Replies: 194
Views: 10654

Re: Why 529 plan makes any sense??

Let's go one step further. If a person had maxed up all the tax-advantaged space, the choice is between 529 and taxable A/C? Why 529 makes sense? In my opinion, 529 only makes sense if A) A person has enough money in taxable A/C to survive until retirement B) A person is retired C) A person is conf...
by JamesSFO
Thu Mar 26, 2015 8:16 am
Forum: Personal Consumer Issues
Topic: Manufactured Spending - Good Idea / Bad Idea?
Replies: 109
Views: 12354

Re: Manufactured Spending - Good Idea / Bad Idea?

Is there an element that people like to (a) brag and (b) FT and other forums tend to bring out the most extreme cases? I remember a friend commenting on a Lego VIP points discussion on the Lego VIP forums and strangely everyone had tons of points... Remember to manufacture $XK/month in spending you ...
by JamesSFO
Thu Mar 26, 2015 7:36 am
Forum: Investing - Help with Personal Investments
Topic: When does a 529 plan make sense to me?
Replies: 194
Views: 10654

Re: Why 529 plan makes any sense??

You guessed it. It goes to show everyone's situation is different. Sure but the OP (Klang?) keeps pushing the Roth option as IF everyone can get all the $ out fully, if you can great, but as I think you posted later: Cliff notes: "529 doesn't suit me, so it shouldn't suit you either". 529...
by JamesSFO
Wed Mar 25, 2015 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: When does a 529 plan make sense to me?
Replies: 194
Views: 10654

Re: Why 529 plan makes any sense??

There is a misconception here. While I would need to consider taxes and FAFSA, I know that I can withdraw whatever I like from retirement accounts when my kids are in college. There would certainly be no penalty for such withdrawals. ?Why because you would be over 59.5 years old? Contributions can ...
by JamesSFO
Wed Mar 25, 2015 12:44 pm
Forum: Personal Consumer Issues
Topic: Booking a cruise online
Replies: 8
Views: 1316

Re: Booking a cruise online

Costco Travel is quite good.
by JamesSFO
Wed Mar 25, 2015 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: When does a 529 plan make sense to me?
Replies: 194
Views: 10654

Re: Why 529 plan makes any sense??

(1) Tax-free growth/redemption

(2) Tax-deductible (depending on state) contributions

(3) Behavioral economics benefits of separating money from bigger pool

(4) Signaling effects to intended recipient

There are more. Turning it around what do you see as negative about a 529 plan?
by JamesSFO
Tue Mar 24, 2015 10:24 pm
Forum: Investing - Theory, News & General
Topic: Do all cost-basis calcs yield the same total capital gains
Replies: 5
Views: 542

Re: Do all cost-basis calcs yield the same total capital gai

No, not all methods will result in same capital gains, especially if transactions incurring capital gains occur over time or less than all shares. For example, if you average cost sale of 10 of 100 shares then you might have a capital gain BUT if you did specific identification you might have a capi...
by JamesSFO
Mon Mar 23, 2015 9:46 am
Forum: Local Chapters and Bogleheads Community
Topic: San Jose, CA Area Bogleheads Chapter
Replies: 26
Views: 4236

Re: San Jose, CA Area Bogleheads Chapter

Yep thanks for setting this up.
by JamesSFO
Sun Mar 22, 2015 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: FA needs investment advice
Replies: 25
Views: 2779

Re: FA needs investment advice

FWIW, your question is somewhat buried you might want to edit your post to better highlight the question. I came back to this post a second time and still wasn't 100% sure what you were really trying to ask and thus why you may be getting some responses that seem off topic. It seems to me your quest...
by JamesSFO
Fri Mar 20, 2015 9:45 am
Forum: Personal Finance (Not Investing)
Topic: IRS Exchange rate reporting
Replies: 4
Views: 374

Re: IRS Exchange rate reporting

IRS also provides (EDIT) yearly average that can be used if you have many payments over the year: http://www.irs.gov/Individuals/Internat ... ange-Rates
by JamesSFO
Wed Mar 18, 2015 10:51 am
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 399
Views: 49408

Re: Schwab Intelligent Portfolios [now live]

No. First there is not currently any FAQ link on the SIP sub-site. https://intelligent.schwab.com/public/intelligent/about-intelligent-portfolios Look for this section: How does Schwab earn revenue on the 'cash feature'? Schwab Bank earns revenue based on the interest we receive by investing the ca...

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