Search found 2551 matches

by ResearchMed
Thu Jul 02, 2015 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance for non-skilled job
Replies: 3
Views: 207

Re: Disability Insurance for non-skilled job

In terms of "how much" of lost income one needs from disability insurance, another factor is whether the DI payments are taxable or not. In some cases, the DI income is not taxable, so less would be needed. (My information is several years old, so the tax issues may have changed, so double...
by ResearchMed
Thu Jul 02, 2015 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Mom's Employer - Lots of Issues
Replies: 19
Views: 2286

Re: Mom's Employer - Lots of Issues

Thanks for posting this - it is exactly what I found last night and was my reference for the FMLA loophole. My mom worked for a local plant that was recently acquired by MegaCorp 2-3 years ago. This particular local plant in our region has around 200 employees. My mom was one of three people to get...
by ResearchMed
Thu Jul 02, 2015 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Annuity disparity question
Replies: 5
Views: 211

Re: Annuity disparity question

But the living spouse gets a refund of all unpaid premiums, to presumable purchase another annuity at a later age at a higher payout. There are too many types of annuities if you start including various extras. Could you include all of the terms of the annuity? Otherwise, we can't offer useful answ...
by ResearchMed
Thu Jul 02, 2015 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Annuity disparity question
Replies: 5
Views: 211

Re: Annuity disparity question

I often see ImmediateAnnuites.com mentioned as a quick source for general quotes. I have perused the site many times. I have a question: Why is there a disparity between these three immediate annuities? Male 65 $500,000 Life+Refund $2545 month Female 65 $500,000 Life+Refund $2450 month Male + Femal...
by ResearchMed
Tue Jun 30, 2015 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Dependent Life claim denied
Replies: 40
Views: 3672

Re: Dependent Life claim denied

Just wanted to update everyone. I gave them time to work things out before I took the matter outside the company. They just called and they are paying the claim. I am really glad, I really did not want to escalate this outside the company. Thanks for all your suggestions on how to handle. That is v...
by ResearchMed
Tue Jun 30, 2015 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help! Elderly father got snookered.
Replies: 35
Views: 4563

Re: Help! Elderly father got snookered.

With the name used by the OP i wonder how disinterested his unsolicated advice to his father might be? Don't know him and we have precious little info to go on here to provide any advice. Just an observation. The money came from mom. My dad is 70, so mostly stocks is bad and prima facie evidence th...
by ResearchMed
Tue Jun 30, 2015 10:38 am
Forum: Personal Consumer Issues
Topic: Fair compensation for change of delivery date without been notified
Replies: 19
Views: 1544

Re: Fair compensation for change of delivery date without been notified

When I'm expecting a big delivery or installation or repair that requires I stay at home, I phone the day before to be sure it's still on track. I will be surprised if you get any compensation for this. Not that it's not annoying. This ^ We also try to request "first delivery in the morning&qu...
by ResearchMed
Mon Jun 29, 2015 9:10 am
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 58
Views: 4258

Re: Travel to Greece

Terrorism is covered, financial collapse is not typically covered by travel insurance. What would travel insurance get you? How would you make a claim? I think with many of these insurances you can cancel a flight and get your expense for the flight ticket reimbursed, in case you decide not to take...
by ResearchMed
Sun Jun 28, 2015 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 43
Views: 2997

Re: Risks of RMD Withdrawal From A Single Fund IRA

My understanding of RMD is different from what you describe above. As soon as funds leave a TIRA, whether as cash or shares in an exchange or whatever, it automatically is a distribution and therefore an RMD (if the RMD requirements have not been already fulfilled). There is no need for a third ste...
by ResearchMed
Sun Jun 28, 2015 4:04 pm
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 58
Views: 4258

Re: Travel to Greece

caseynshan wrote:Because I will be booking my flights next week. (Frequent Flyer nerd)


What are the FF terms about putting points back in the "bank"?

If it's possible with just a small penalty, then you've got this as Plan B.

But note any deadlines for changing.

RM
by ResearchMed
Sun Jun 28, 2015 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer securities from IRA to satisfy RMD?
Replies: 16
Views: 1724

Re: Transfer securities from IRA to satisfy RMD?

And it turns out that boglehead's own Alan S actually weighed in on my exact question right here on this forum just last year: So so I. :wink: In addition, the amount of basis in your TIRA (Form 8606) and therefore the amount taxed of the RMD has no effect on the taxable cost basis. Use the gross v...
by ResearchMed
Sun Jun 28, 2015 3:41 pm
Forum: Forum Issues and Administration
Topic: Forum Software Upgrade at 4 PM Eastern TODAY [Complete]
Replies: 9
Views: 683

Re: Forum Software Upgrade at 4 PM Eastern TODAY [Complete]

Is it just me or did all of the user/member information disappear? FF v2 not showing any user/member information: can't tell who created topic, or who is replying to topic. And topic area is now full screen width. Smilies in edit window now across top of edit box. It's just you :shock: Or... at lea...
by ResearchMed
Sun Jun 28, 2015 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 43
Views: 2997

Re: Risks of RMD Withdrawal From A Single Fund IRA

Research Med (RM): Great suggestion. I will check with Vanguard and see if I can transfer VTENX shares from my IRA to my personal account without selling them. I will report back. Thanks. You can exchange VTENX in IRA for VTENX in taxable account. THe exchange is actually two transactions (buy and ...
by ResearchMed
Sat Jun 27, 2015 5:57 pm
Forum: Investing - Theory, News & General
Topic: RMDs as "Transfer In Kind"
Replies: 7
Views: 791

Re: RMDs as "Transfer In Kind"

Another thread is mulling over the idea of using Transfer In Kind to satisfy RMDs. I have two technical questions that I don't want to clutter up that thread with: ⋅ If I read one post properly it implied that you can't do TIC of a fund to another account unless you already have that fund...
by ResearchMed
Sat Jun 27, 2015 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 43
Views: 2997

Re: Risks of RMD Withdrawal From A Single Fund IRA

RM, Just called Vanguard and they said it's no problem to transfer the shares from my IRA to my personal account with Vanguard. This will satisfy the RMD, and I can pay the taxes on the value of the shares transferred with the emergency fund assets thus not having to liquidate any VTENX shares at t...
by ResearchMed
Sat Jun 27, 2015 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 43
Views: 2997

Re: Risks of RMD Withdrawal From A Single Fund IRA

Research Med (RM): Great suggestion. I will check with Vanguard and see if I can transfer VTENX shares from my IRA to my personal account without selling them. I will report back. Thanks. Note that if Vanguard says they cannot do it, then IF the fund is not closed and if there are no transaction co...
by ResearchMed
Sat Jun 27, 2015 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 43
Views: 2997

Re: Risks of RMD Withdrawal From A Single Fund IRA

Research Med (RM): Great suggestion. I will check with Vanguard and see if I can transfer VTENX shares from my IRA to my personal account without selling them. I will report back. Thanks. I don't remember if we asked Vanguard about this. It came up for a different reason, and we took the question t...
by ResearchMed
Sat Jun 27, 2015 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 43
Views: 2997

Re: Risks of RMD Withdrawal From A Single Fund IRA

I appreciate all the responses, and will deliberate over them. My problem is that the RMD is used as my spending money i.e for living expenses. I have an emergency fund in after-tax funds that I hate to tap into. I need to re-think the arrangement so that I can avoid using the RMD from VTENX for sp...
by ResearchMed
Sat Jun 27, 2015 1:12 pm
Forum: Personal Consumer Issues
Topic: Babies and remote controls
Replies: 20
Views: 1631

Re: Babies and remote controls

Children can easily learn that the rules in Nana and Papa's house are different than the rules at home. They learn similar rules at Daycare. Just be persistent. Keep remotes away from one year old children. They will learn quickly. It's okay to say "No". We have done the same with our gra...
by ResearchMed
Sat Jun 27, 2015 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 43
Views: 2997

Re: Risks of RMD Withdrawal From A Single Fund IRA

I appreciate all the responses, and will deliberate over them. My problem is that the RMD is used as my spending money i.e for living expenses. I have an emergency fund in after-tax funds that I hate to tap into. I need to re-think the arrangement so that I can avoid using the RMD from VTENX for sp...
by ResearchMed
Sat Jun 27, 2015 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 43
Views: 2997

Re: Risks of RMD Withdrawal From A Single Fund IRA

If you transfer the shares of the mutual fund (or etf - or stock, for that matter) in kind out of an IRA into a taxable account, you'll need to pay the necessary taxes from some other source. As far as "selling the shares when the value is down", that would be a problem regardless of wheth...
by ResearchMed
Wed Jun 24, 2015 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when there is no responsible family, trusts, wills, POA, etc.
Replies: 8
Views: 1233

Re: What to do when there is no responsible family, trusts, wills, POA, etc.

Putting together family paperwork, and it's occurred to me after much inner searching, I really do not have responsible family or friends to trust on the big issues. We have a minor daughter, age 12. I am in my fifties, my husband in his sixties. He has zero family left, and my side - well, I would...
by ResearchMed
Wed Jun 24, 2015 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Credit - Long time Hertz Rental?
Replies: 8
Views: 961

Re: Bad Credit - Long time Hertz Rental?

Lack of credit history+ some things in collections. We were just saving up an emergency fund (just hit the $2k goal) before we started to work on credit. We are aiming to work on getting it fixed and I have a plan to do so-- we just haven't gotten that far yet. I don't even owe that much to collect...
by ResearchMed
Wed Jun 24, 2015 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: [CNBC article: Social Security Denying Delayed Benefits]
Replies: 23
Views: 3187

Re: Is this really a Problem with Social Security.....Need a Forum S.S. Expert...

Just curious about IF I told SS I wanted to change to "Own" without mentioning age [and now I will certainly make a point of it]. They'd subtract what I'd received during the previous 6 months from the lump sum if they'd send due to the backdating? My understanding is that they would send...
by ResearchMed
Wed Jun 24, 2015 1:02 pm
Forum: Personal Consumer Issues
Topic: Mess on hardwood floor installation
Replies: 8
Views: 1282

Re: Mess on hardwood floor installation

From the header, I thought this was something about how "The Dog Did It"...

RM
by ResearchMed
Wed Jun 24, 2015 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: [CNBC article: Social Security Denying Delayed Benefits]
Replies: 23
Views: 3187

Re: Is this really a Problem with Social Security.....Need a Forum S.S. Expert...

When reading Kotlikoff, it can be helpful to remember where he's coming from. His position is that Social Security rules are " a disgrace and unfair to people of all ages " and that " the Social Security system gives social insurance a bad name and needs to be replaced, root and bran...
by ResearchMed
Wed Jun 24, 2015 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: [CNBC article: Social Security Denying Delayed Benefits]
Replies: 23
Views: 3187

Re: Is this really a Problem with Social Security.....Need a Forum S.S. Expert...

When reading Kotlikoff, it can be helpful to remember where he's coming from. His position is that Social Security rules are " a disgrace and unfair to people of all ages " and that " the Social Security system gives social insurance a bad name and needs to be replaced, root and bran...
by ResearchMed
Wed Jun 24, 2015 12:00 pm
Forum: Investing - Theory, News & General
Topic: Decumulation Phase and BH principles
Replies: 49
Views: 5783

Re: Decumulation Phase and BH principles

Another strategy (and we'll follow a flavor of this) is to have annuities for much/most/all of the basics, and stay rather heavy in equities for the rest. [No bequest plans, which obviously matters for this type of strategy.] "Annuities" includes SS, pensions, SPIAs, and deferred annuities...
by ResearchMed
Wed Jun 24, 2015 11:04 am
Forum: Investing - Theory, News & General
Topic: Decumulation Phase and BH principles
Replies: 49
Views: 5783

Re: Decumulation Phase and BH principles

Have recently entered retirement but I do not regard this as "decumulation phase." Yes, I no longer have an annual income from work, but my goal with my portfolio is to maintain and even possibly expand the sum through measured spending and outflow. There's a bit of personal financial tur...
by ResearchMed
Wed Jun 24, 2015 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Protecting assets against frivolous litigations
Replies: 16
Views: 1529

Re: Protecting assets against frivolous litigations

Why the need for an umbrella policy? Wouldn't a homeowner's policy with a high liability coverage cover the risk? Probably not for a rental, which might be considered as "business" property. It's not "your home" anymore, not even a "second home". One needs to ask the i...
by ResearchMed
Wed Jun 24, 2015 10:30 am
Forum: Investing - Theory, News & General
Topic: Decumulation Phase and BH principles
Replies: 49
Views: 5783

Re: Decumulation Phase and BH principles

Two core BH principles: ⋅ Diversification (using low-cost index funds) as opposed to stock-picking ⋅ Buy and hold as opposed to market-timing I think much of the justification for those principles rests on the assumption that the investor is still contributing to the nest egg an...
by ResearchMed
Wed Jun 24, 2015 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Protecting assets against frivolous litigations
Replies: 16
Views: 1529

Re: Protecting assets against frivolous litigations

Note that you'll need the umbrella coverage for NON-frivolous lawsuits, too, should any ever be filed. This can happen despite the best intentions/efforts...someone trips... If there is a serious injury, the legal system activities would probably kick in to determine who (if anyone) was at fault. As...
by ResearchMed
Tue Jun 23, 2015 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Pull the trigger on this refi?
Replies: 8
Views: 745

Re: Pull the trigger on this refi?

Hi, I'm having a bit of trouble following the figures, especially in terms of the "... so after four months, the cost is accounted for..." You are paying more per month in part because you've decreased the term of the loan (30 yrs to 15). I don't think you should count the extra principal ...
by ResearchMed
Tue Jun 23, 2015 11:37 am
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 217
Views: 19457

Re: What was the 2008 crash like in real time?

This wasn't a part of the stock market crash, but related. Families selling or moving up in the housing market got trapped as they home equity evaporated. Some unlucky ones could have sold their home for a profit early in the decline, but - hoping for a few thousand more - followed the housing mark...
by ResearchMed
Mon Jun 22, 2015 10:46 am
Forum: Personal Consumer Issues
Topic: Using Blur to prevent identity theft
Replies: 5
Views: 990

Re: Using Blur to prevent identity theft

I wonder why they force one to register before they even show what types of services they offer, and a hint about how they work. When I asked via chat, I was required to specify WHICH service I wanted more information about, but that was sort of my question - "WHICH services do you actually off...
by ResearchMed
Mon Jun 22, 2015 10:14 am
Forum: Personal Finance (Not Investing)
Topic: What percent of your spending is "basic" and what percent is "discretionary"?
Replies: 42
Views: 3795

Re: What percent of your spending is "basic" and what percent is "discretionary"?

I started to do this, but eventually decided that my answer would depend more upon what my definitions were than what my spending was. This ^ Yes, "housing" is basic, but living in the relative luxury of our dream home is certainly discretionary. When we "downsize" - most likely...
by ResearchMed
Mon Jun 22, 2015 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Personal Capital Retirement Calculator
Replies: 1
Views: 555

Re: Personal Capital Retirement Calculator

Has anyone tried the new Personal Capital Retirement Calculator? Is it useful? Anything you especially like? Just tried it, and unless I'm missing something, it was very simplistic. The Fidelity calculator was much better... allows for a variety of different stages and tweaks, and also allows one t...
by ResearchMed
Mon Jun 22, 2015 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Preparing to help an older relative
Replies: 3
Views: 580

Re: Preparing to help an older relative

In approximately 5 years an elderly relative will be in their 90s and have in all likelyhood exhausted their investment portfolio. We have commited to making up the difference between their SS and their rent in the assisted living center. Originally I had planned to ladder 5 year CDs at Ally Bank t...
by ResearchMed
Sat Jun 20, 2015 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Should my husband become a nurse?
Replies: 71
Views: 7283

Re: Should my husband become a nurse?

You haven't supplied enough info to offer much of an opinion for his specific situation. Is it something he's passionate about or just choosing it because he thinks it will be a stable career? If primarialy the latter then skip it. Nursing and careers in many health care fields is hard work and get...
by ResearchMed
Sat Jun 20, 2015 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Bankruptcy
Replies: 18
Views: 2605

Re: Bankruptcy

As there is "not much" equity in the vehicle, you may not have to worry. The car needs to have value to creditors in order for a trustee to auction/sell it off. There are huge costs associated with the trustee liquidating any assets (his costs, his commission, an attorney at 350-450/hr, t...
by ResearchMed
Sat Jun 20, 2015 10:18 am
Forum: Personal Consumer Issues
Topic: Your Top 10 Books
Replies: 56
Views: 6851

Re: Your Top 10 Books

Les Miserables, especially given that I read and re-read it *before* the musical.

The candlestick/silver episode had a profound effect on me, as I first read it when I was still rather young and impressionable.

RM
by ResearchMed
Sat Jun 20, 2015 9:59 am
Forum: Personal Consumer Issues
Topic: Vanguard's newish email alerts & security
Replies: 19
Views: 1871

Re: Vanguard's newish email alerts & security

So here's a follow-up question. If someone knows the dollar amount of a transaction and only a part of your account number, how does that assist them with accessing your account? I'm not sure exactly what the security issue is, besides not wanting anyone to know that you made a transaction that day...
by ResearchMed
Fri Jun 19, 2015 11:02 am
Forum: Personal Finance (Not Investing)
Topic: IRS "Safe Harbor" & withholding vs. 1099 income
Replies: 19
Views: 1574

Re: IRS "Safe Harbor" & withholding vs. 1099 income

So is this the answer: "...once you select the annualized method and make an insufficient estimated tax payment for a given period, you are subject to penalties for that underpayment." That is, if one pays only by withholding and makes NO estimated quarterly payments at all, then by defin...
by ResearchMed
Fri Jun 19, 2015 10:02 am
Forum: Personal Finance (Not Investing)
Topic: IRS "Safe Harbor" & withholding vs. 1099 income
Replies: 19
Views: 1574

Re: IRS "Safe Harbor" & withholding vs. 1099 income

There is an exception that seems to have been glossed over in this thread. If you do make estimated tax payments, then calculating whether you're in one of the safe harbors is more complicated. In particular, simply having made payments totalling 100%/110% of last year's tax liability is not suffic...
by ResearchMed
Fri Jun 19, 2015 9:50 am
Forum: Personal Finance (Not Investing)
Topic: IRS "Safe Harbor" & withholding vs. 1099 income
Replies: 19
Views: 1574

Re: IRS "Safe Harbor" & withholding vs. 1099 income

There is an exception that seems to have been glossed over in this thread. If you do make estimated tax payments, then calculating whether you're in one of the safe harbors is more complicated. In particular, simply having made payments totalling 100%/110% of last year's tax liability is not suffic...
by ResearchMed
Fri Jun 19, 2015 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Saving vs Spending in Retirement ~
Replies: 30
Views: 4702

Re: Saving vs Spending in Retirement ~

There have been a few recent threads about this. Bottom line for some of us (in this case, DH and me) is that we realized a bit late, but "not too late", thank goodness, the reality of YOLO . That's " You Only Live Once ". We waited and kept planning "all of those special tr...
by ResearchMed
Fri Jun 19, 2015 6:00 am
Forum: Personal Finance (Not Investing)
Topic: IRS "Safe Harbor" & withholding vs. 1099 income
Replies: 19
Views: 1574

Re: IRS "Safe Harbor" & withholding vs. 1099 income

1) safe harbor rules apply to those who make quarterly estimated tax payments, so doesn't really apply to income for which income tax is withheld. 2) yes. Hmmm... not relevant to the original query, but... I thought if someone (in this case with no 1099 income at all, for simplicity) did not have e...
by ResearchMed
Thu Jun 18, 2015 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: IRS "Safe Harbor" & withholding vs. 1099 income
Replies: 19
Views: 1574

IRS "Safe Harbor" & withholding vs. 1099 income

I understand (I think/hope) how the Safe Harbor works. 1) Does this apply only to income that is subject to withholding, or also to income that is paid for consulting (with 1099's)? 2) Separate from any Safe Harbor provisions, can tax for consulting (1099 income) be paid without penalty if salaried ...
by ResearchMed
Thu Jun 18, 2015 11:25 am
Forum: Personal Consumer Issues
Topic: How much do your children cost per month?
Replies: 83
Views: 6563

Re: How much do your children cost per month?

It's not about money and professional development. I don't know if there are any benefits (of two working parents) that can't also be accomplished - and surpassed - by having a stay-at-home parent. Perhaps, you can illustrate. If I might suggest, can we just not go there? This argument never ends w...
by ResearchMed
Thu Jun 18, 2015 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Landlord Insurance
Replies: 5
Views: 746

Re: Landlord Insurance

Generally rental policies are cheaper than homeowner policies because you don't pay for contents. That's up to the renter to cover his/her personal property. Something doesn't sound right here. Make sure that you get a copy of the declarations page for the rental and compare it to the homeowner's. ...

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