Search found 6050 matches

Go to advanced search

by Sidney
Mon May 04, 2015 7:59 am
Forum: Personal Finance (Not Investing)
Topic: HSA contribution Strategies for early/semi-retired person
Replies: 4
Views: 221

Re: HSA contribution Strategies for early/semi-retired person

If you read through publication 969 you will find that there is not an "earned income" requirement for HSA contributions. There may be other limitation that affect you.
by Sidney
Mon May 04, 2015 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Monthly Income Funds
Replies: 12
Views: 838

Re: Monthly Income Funds

You should be able to get a reasonable TE fund for less than 25bp.
by Sidney
Wed Apr 29, 2015 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Contribution Strategy
Replies: 9
Views: 403

Re: Charitable Contribution Strategy

One advantage of a DAF is the ability to give anonymously. Good way to keep your name off lists that get passed around.
by Sidney
Tue Apr 28, 2015 3:19 pm
Forum: Investing - Theory, News & General
Topic: Why Does My Muni Bond Fund Frequently Not Change Price?
Replies: 5
Views: 788

Re: Why Does My Muni Bond Fund Frequently Not Change Price?

You will get better answers if you state which fund you own.
by Sidney
Mon Apr 27, 2015 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: IRA contribution limits for 2015
Replies: 3
Views: 324

Re: IRA contribution limits for 2015

or even through April 15 of 2016.
by Sidney
Mon Apr 27, 2015 12:13 pm
Forum: Personal Consumer Issues
Topic: Traveling light up to 2 weeks - ditch the laptop, use phone?
Replies: 53
Views: 3156

Re: Traveling light up to 2 weeks - ditch the laptop, use ph

I haven't traveled with my laptop in years. Phone gets it done for me. When I go someplace, I try to research where the local library is located. They usually have full size PCs if I ever need to use one to look at something larger scale. I don't do financial transactions on the road -- on the phone...
by Sidney
Mon Apr 27, 2015 9:54 am
Forum: Personal Consumer Issues
Topic: Quietest garage door and opener
Replies: 19
Views: 1548

Re: Quietest garage door and opener

user5027 wrote:
It is like the hunt for the quietest bathroom fan. In some situations you want the loudest. :wink:

Solid core doors. If you have hollow core doors you have practically no door at all.
by Sidney
Mon Apr 27, 2015 9:23 am
Forum: Personal Consumer Issues
Topic: How far away from a freight railroad track should you live?
Replies: 51
Views: 3113

Re: How far away from a freight railroad track should you li

I'd also consider the blast zone and/or toxic cloud zone in case of a derailment.
by Sidney
Sun Apr 26, 2015 8:13 am
Forum: Personal Finance (Not Investing)
Topic: HSA - How do I know if I qualify
Replies: 4
Views: 416

Re: HSA - How do I know if I qualify

It should be explained in the plan document. If you don't have a copy, your HR/benefits department should be able to provide one (or a link to it online).

IRS publication 969 defines some of the attributes of a qualifying HDHP. That is worth reading as well.
by Sidney
Wed Apr 22, 2015 3:05 pm
Forum: Investing - Theory, News & General
Topic: Retirees: What is your SWR in retirement?
Replies: 45
Views: 3998

Re: Retirees: What is your SWR in retirement?

texasdiver wrote:Do you guys distinguish between withdrawal and spending?

I don't. But I also don't withdraw using any methodology. I withdraw only enough to pay the bills. I use the Taylor Larimore method.
by Sidney
Sat Apr 18, 2015 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Can't Just Do Nothing
Replies: 45
Views: 6145

Re: Can't Just Do Nothing

Drew777 wrote:1 night at the Atlanta airport Sheraton

Second prize is two nights.
by Sidney
Sat Apr 18, 2015 2:54 pm
Forum: Personal Consumer Issues
Topic: Marginal benefit of spending more on car
Replies: 83
Views: 6512

Re: Marginal benefit of spending more on car

Once you go beyond safe, affordable transportation you are basically talking about jewelry on wheels. Nothing wrong with that, as long as you know that is what you are paying for.
by Sidney
Sat Apr 18, 2015 9:19 am
Forum: Personal Consumer Issues
Topic: Is there a good IPOD alternative?
Replies: 27
Views: 1764

Re: Is there a good IPOD alternative?

MP3 players are a commodity. When I was working we used to give them away at employee meetings. I think paid $.50 a piece for them in bulk -- and that was 2006. They are probably cheaper now.
by Sidney
Thu Apr 16, 2015 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Friend not filed taxes for years but owes no money
Replies: 15
Views: 1659

Re: Friend not filed taxes for years but owes no money

Filing makes it difficult for someone else to file with your SSN. I am coming around to the conclusion that people should file whether or not they are required to file.
by Sidney
Wed Apr 15, 2015 9:08 am
Forum: Personal Finance (Not Investing)
Topic: How Many Credit Cards Do You Have Open?
Replies: 25
Views: 1538

Re: How Many Credit Cards Do You Have Open?

We have three. Each of us carries one that is not carried by the other in case a wallet is stolen, we would have one good card.
by Sidney
Tue Apr 14, 2015 8:28 am
Forum: Forum Issues and Administration
Topic: How does this site make money?
Replies: 39
Views: 5435

Re: How does this site make money?

The real story behind all this is the selflessness of the owners of this site. This is a million dollar a year site they have simply decided not to monetize. The beauty of capitalism is that you can make money and at the same time serve your purpose better. If the site chooses to monetize, it can h...
by Sidney
Tue Apr 14, 2015 8:02 am
Forum: Personal Consumer Issues
Topic: Experience with Apple Pay?
Replies: 32
Views: 2434

Re: Experience with Apple Pay?

I'd much rather see more rapid intro of Chip and PIN and elimination/vast reduction in check transactions.
by Sidney
Tue Apr 14, 2015 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Does your family know about your net worth (ball park)?
Replies: 98
Views: 11294

Re: Does your family know about your net worth (ball park)?

From looking at the recent annual income poll result, I think most BHs are already millionaires or will become one. Q1. Does your family (parents, siblings) know about your net worth (ball park figure)? I have never asked them, so I really don't know. Q2. Do you know their net worth? No Q3. How doe...
by Sidney
Tue Apr 14, 2015 7:13 am
Forum: Investing - Theory, News & General
Topic: WSJ: You may need less than 80% in retirement
Replies: 98
Views: 9073

Re: Finally some good news on retirement

TwoByFour wrote:This is silly. Nobody should plan a retirement budget on income, past, present, or future.

That is why I stopped reading the article after the first sentence.
by Sidney
Mon Apr 13, 2015 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Donating old books and getting tax writeoff?
Replies: 17
Views: 2129

Re: Donating old books and getting tax writeoff?

My library sells used books (which have been donated to them) for $.25 for paperbacks and $.50 for most hardbacks. Some go for a $1. So I don't bother with keeping track for taxes since the market value in our area is so low.
by Sidney
Wed Apr 08, 2015 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Your homeowner and auto insurance annual rate increases?
Replies: 30
Views: 3233

Re: Your homeowner and auto insurance annual rate increases?

My homeowners bill just came. It went down $6 this year. Umbrella is flat.
by Sidney
Mon Apr 06, 2015 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: FSA contributions incorrectly coded as HSA on W2
Replies: 8
Views: 539

Re: FSA contributions incorrectly coded as HSA on W2

If you are using software, isn't there a place where you can enter the 1099 as you believe it should be? Seems like I saw that a few times over the years. I've never had to use it though. It is a W2; you normally match the inputs on your software to the paper form. If the paper form is incorrect, i...
by Sidney
Mon Apr 06, 2015 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: FSA contributions incorrectly coded as HSA on W2
Replies: 8
Views: 539

Re: FSA contributions incorrectly coded as HSA on W2

File when you want to. The matching process takes place later in the year. On the other hand, you could file for an extension and enjoy your summer and file in September like I do.
by Sidney
Mon Apr 06, 2015 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Capital gain on primary residence
Replies: 20
Views: 1674

Re: Capital gain on primary residence

trueblueky wrote:You can always get married and double your exclusion :D


Right, Kite is looking for someone to marry to fix his tax issues. Sounds like a perfect match.
by Sidney
Mon Apr 06, 2015 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Capital gain on primary residence
Replies: 20
Views: 1674

Re: Capital gain on primary residence

Keep in mind that the capital gain tax only applies to the excess of the gain over the $250,000 exclusion. When you go to sell, you will pay real estate commission on the entire selling price.
by Sidney
Thu Apr 02, 2015 4:54 pm
Forum: Investing - Theory, News & General
Topic: If long-term, why not just go really high risk?
Replies: 49
Views: 5023

Re: If long-term, why not just go really high risk?

One of the big risks is when 50 years becomes 20 years, in year 19.
by Sidney
Tue Mar 31, 2015 4:56 pm
Forum: Investing - Theory, News & General
Topic: My Strategy For A Market Crash
Replies: 54
Views: 9271

Re: My Strategy For A Market Crash

I'm curious why dividends are relevant to your strategy at all. The distinction between dividends and capital gains has always seemed arbitrary to me. I think all that matters is total return. The OP frames the strategy in terms of dividends, but it is really a variant of Taylor's belt-tightening s...
by Sidney
Tue Mar 31, 2015 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement AA
Replies: 5
Views: 454

Re: Retirement AA

I'd probably just go with a Target Retirement Fund. Pick an allocation you are comfortable with 40/60 ... 50/50 ish.

When you say "gross" you are saying that the $60K will cover income taxes.
by Sidney
Tue Mar 31, 2015 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Newly retired investment advice needed
Replies: 12
Views: 1169

Re: Newly retired investment advice needed

Julieta wrote:The pensions and social security payments cover his monthly expenses and allow him to fund his IRA annually.


I don't understand this statement. In order to contribute to an IRA you need to have "compensation" as defined by the IRS. Pensions and SS do not qualify.
by Sidney
Sun Mar 29, 2015 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Import Error from Vanguard: Who's Fault?
Replies: 16
Views: 1421

Re: TurboTax Import Error from Vanguard: Who's Fault?

It is 5 figures of additional tax (plus the $5K penalty + interest). You have to really not pay attention to miss the income on your return to generate this kind of a hit on the bottom.
by Sidney
Sun Mar 29, 2015 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Just completed my taxes... have some questions.
Replies: 14
Views: 1412

Re: Just completed my taxes... have some questions.

It may depend on the nature of the partnership. If it is passive, I doubt it would be eligible for SS credit. What is your role in the partnership? I would suggest reading the instructions for Schedule SE http://www.irs.gov/pub/irs-pdf/i1040sse.pdf See page 4 Partnership Income or Loss If you were a...
by Sidney
Sun Mar 29, 2015 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: pension lump sum rollover to Roth IRA
Replies: 13
Views: 1123

Re: pension lump sum rollover to Roth IRA

Leeraar wrote:Call Vanguard and get them involved. They need to speak to Hewitt. What you need is a trustee to trustee rollover.

L.

With no withholding. Tax paid from other source.
by Sidney
Sun Mar 29, 2015 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Just completed my taxes... have some questions.
Replies: 14
Views: 1412

Re: Just completed my taxes... have some questions.

furwut wrote:Read this:
If You Are Self-Employed

According to this, earnings from a limited partnership do not qualify for SS. I guess we don't have enough info from the OP to really diagnose his situation.
by Sidney
Sun Mar 29, 2015 10:29 am
Forum: Investing - Theory, News & General
Topic: How many of you invest in individual stocks?
Replies: 70
Views: 4910

Re: How many of you invest in individual stocks?

I have a handful of individual stocks from much earlier in my investing life. Over time, these are being donated away.
by Sidney
Sun Mar 29, 2015 10:28 am
Forum: Investing - Theory, News & General
Topic: MRD and charitable contributions
Replies: 10
Views: 703

Re: MRD and charitable contributions

I think it depends on your overall tax situation. It keeps the RMD out of the AGI calculations. This could impact the proportion of social security which is taxable.

Also, depending on the amount, a comparable direct charitable donation might not be fully tax-deductible on Schedule A.
by Sidney
Sat Mar 28, 2015 7:59 pm
Forum: Investing - Theory, News & General
Topic: My Strategy For A Market Crash
Replies: 54
Views: 9271

Re: My Strategy For A Market Crash

Isn't this basically living off withdrawals from fixed income side and re-balancing to equity via reinvestment of dividends? Directionally this is the standard approach for many.
by Sidney
Sat Mar 28, 2015 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Can you really know your AA until you've hit a bear market?
Replies: 74
Views: 5530

Re: Can you really know your AA until you've hit a bear mark

For the people who were invested in both the recessions in the 2000's, how do you compare them psychologically? I think the first one would have been more difficult for me because it was 3 straight years of increasingly negative returns. But the second one was a bigger sudden drop, and people may h...
by Sidney
Sat Mar 28, 2015 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: K-1 tax question
Replies: 8
Views: 909

Re: K-1 tax question

If it isn't refundable, you may be able to claim a credit against your MD tax for the tax paid in DC. Since you are a resident of MD you will include it on your 502.
by Sidney
Thu Mar 26, 2015 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Merging HSA accounts?
Replies: 4
Views: 314

Re: Merging HSA accounts?

I believe that her funds need to remain in an account titled to her.
by Sidney
Thu Mar 26, 2015 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax does not recognize 1099-S
Replies: 4
Views: 643

Re: TurboTax does not recognize 1099-S

Just enter the sale on 8949.
by Sidney
Thu Mar 26, 2015 2:27 pm
Forum: Investing - Theory, News & General
Topic: International stock "dividend variability" Why?
Replies: 37
Views: 3126

Re: Total Intl Dividends

Those of us who prefer not to get dividends wrote a letter to Vanguard and asked them to cut it out.
by Sidney
Thu Mar 26, 2015 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Ad Valorem tax on new car
Replies: 8
Views: 914

Re: Ad Valorem tax on new car

[OT comment removed by admin LadyGeek]
by Sidney
Wed Mar 25, 2015 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: HSA deadline for tax deduction eligibility
Replies: 10
Views: 698

Re: HSA deadline for tax deduction eligibility

My understanding is as long as you had a HDHP for the entire year of 2014, you can designate the full contribution (up to the limits) for tax year 2014 (similar to an IRA contribution). If you weren't covered by that plan for the whole year, you need to pro-rate your contribution for the months tha...
by Sidney
Wed Mar 25, 2015 4:10 pm
Forum: Investing - Theory, News & General
Topic: International stock "dividend variability" Why?
Replies: 37
Views: 3126

Re: International stock dividend cut. Why?

Uncle Pennybags wrote:No return is real until it is realized.


I sold shares in 2014 to pay bills. None of the payees asked where the money came from. Because of losses harvested in 20009 I won't pay taxes on the income. But even if I did, half the value was return of capital and not taxed.
by Sidney
Wed Mar 25, 2015 7:20 am
Forum: Investing - Theory, News & General
Topic: International stock "dividend variability" Why?
Replies: 37
Views: 3126

Re: International stock dividend cut. Why?

And less of a hit on US tax.
by Sidney
Sun Mar 22, 2015 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Calculator to determine tax owed on selling mutual fund?
Replies: 7
Views: 664

Re: Calculator to determine tax owed on selling mutual fund?

There are several calculators that will do what you want. Turbotax, TaxAct or H&RBlock should do the trick.

Go to advanced search