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Re: Student Loan Refinancing

Just wanted to follow up and see if anyone has actually ended refinancing through DRB and what their experience is. There have been a lot of comments back and forth about them which I've been following here: http://whitecoatinvestor.com/refinance-your-medical-school-loans-at-a-lower-rate/ Read the ...
by assumer
Mon Mar 03, 2014 2:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Student Loan Refinancing
Replies: 17
Views: 2035

Re: 26y/o in 25% bracket should I even be doing Roth IRA?

Bonhomie wrote:2) tax diversification


This is an important point. We don't know what the future holds, and if tax rates increase by a significant amount, it may be prudent to hedge your bets and have some after-tax retirement savings in a Roth IRA.
by assumer
Fri Dec 20, 2013 8:10 am
 
Forum: Investing - Help with Personal Investments
Topic: 26y/o in 25% bracket should I even be doing Roth IRA?
Replies: 14
Views: 1509

Re: Quitting work

I have fantasies of how to quit work, they are interesting... Are you talking about retiring or just quitting your current job? It doesn't have to be a dramatic event, you just give your two weeks' notice and move on to the next job if you have or want one. What's the benefit of making an "int...
by assumer
Mon Dec 16, 2013 7:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Quitting work
Replies: 63
Views: 6538

Thoughts on having kids?

As a mid-20's male, I have not yet decided if I want to have kids in the future (or marriage for that sake). I am interested in hearing from those who chose not to have kids and whether or not you regret it. Also I doubt anyone would admit it but those who have kids and perhaps wonder what life woul...
by assumer
Wed Dec 04, 2013 9:10 am
 
Forum: Personal Consumer Issues
Topic: Thoughts on having kids?
Replies: 101
Views: 3006

Re: Why is automatically reinvesting dividends bad in taxabl

Why would FIFO be your choice, out of curiosity? The first in may be the highest (or the lowest) cost, or somewhere in between. What is the advantage? Oh, I just assumed (yeah, I know...) that if stocks have a positive expected value over time, then on average the FIFO would be the stocks with the ...
by assumer
Tue Dec 03, 2013 9:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why is automatically reinvesting dividends bad in taxable?
Replies: 21
Views: 1905

Re: Why is automatically reinvesting dividends bad in taxabl

VictoriaF wrote:If you manage dividends separately you can use them for rebalancing. If stocks are high you put dividends into bonds, and vice versa.

Victoria


Oh okay that makes sense. For me I use only a single target-retirement fund for everything in every account, so I suppose that doesn't apply to me.
by assumer
Tue Dec 03, 2013 6:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why is automatically reinvesting dividends bad in taxable?
Replies: 21
Views: 1905

Why is automatically reinvesting dividends bad in taxable?

In the past, I understand that you would have many more granular "costs bases" to keep track of. So if dividends were distributed every month, for example, you'd have 12 different cost bases each year for relatively small amounts of money. As compared to sweeping it into a MM account and r...
by assumer
Tue Dec 03, 2013 6:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why is automatically reinvesting dividends bad in taxable?
Replies: 21
Views: 1905

Re: Why I will use Target Retirement for the foreseeable fut

Can I simply do an exchange to avoid risk of being out of the market? Please advise, love this thread!! Yes, extremely easy, and exactly as you described. Simply exchange 100% into the target retirement. In tax-advantaged accounts, there are no tax implications either. Why not buy the vanguard targ...
by assumer
Thu Nov 21, 2013 3:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why I will use Target Retirement for the foreseeable future.
Replies: 38
Views: 3622

Re: Why I will use Target Retirement for the foreseeable fut

But it's hard for me to let go of small or value tilting. {Wellington; Wellesley; short-term-bond fund}. ... But for now, cannot bring myself to let go of tilting slices. To each his own. I have no need nor desire for any tilting. I have not been convinced by the evidence that there is an increased...
by assumer
Thu Nov 21, 2013 5:33 am
 
Forum: Investing - Help with Personal Investments
Topic: Why I will use Target Retirement for the foreseeable future.
Replies: 38
Views: 3622

Re: Why I will use Target Retirement for the foreseeable fut

I'm with you - except I just found out my husband's Fidelity 403b has spartan funds available, and those are much less expensive than Fidelity's TR funds. Once we get organized next year we will switch out of his TR fund and probably go to a 3 fund portfolio. If you can have all your assets at Vang...
by assumer
Wed Nov 20, 2013 1:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why I will use Target Retirement for the foreseeable future.
Replies: 38
Views: 3622

Re: Why I will use Target Retirement for the foreseeable fut

I am no expert, but because of my age of 65 and interest, I have learned quite a bit about the Great Depression. Stocks lost about 90% of their value over 3 years. At my age, would I want to re-balance every day, every week or whatever is done as stocks went down, for THREE years. A 50/50 fund woul...
by assumer
Wed Nov 20, 2013 1:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why I will use Target Retirement for the foreseeable future.
Replies: 38
Views: 3622

Re: Why I will use Target Retirement for the foreseeable fut

I don't understand the short term savings thing though. Where would you hold that other than a taxable account? And, you say you don't have taxable accounts yet. Can you clarify? I have very minimal taxable savings yet as I am just about to embark on my first job out of graduate school next year. T...
by assumer
Wed Nov 20, 2013 12:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why I will use Target Retirement for the foreseeable future.
Replies: 38
Views: 3622

Why I will use Target Retirement for the foreseeable future.

Rebalancing a three-fund portfolio, trying to add in a small piece of international bonds, etc., through Vanguard funds seems like a reasonable thing to do. But my time is valuable. I am going to consolidate everything into VFIFX (Target Retirement 2050). I will have a 1-fund portfolio. Yes, costs m...
by assumer
Wed Nov 20, 2013 12:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why I will use Target Retirement for the foreseeable future.
Replies: 38
Views: 3622

Re: Fund placement from the Bogleheads' Guide to Investing.

Electron wrote:End Wealth Measured Before Tax or After Tax


Why would one ever want to use pre-tax wealth?
by assumer
Tue Nov 19, 2013 4:31 pm
 
Forum: Investing - Theory, News & General
Topic: Delete Wiki [Article] on Tax-Efficient Asset Location
Replies: 285
Views: 15389

Re: Where to put cash needed in one year

Clever; I never thought about opening a 529 with the desire to purposefully pay the penalty to get a better FDIC insured yield.
by assumer
Sun Nov 17, 2013 10:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Where to put cash needed in one year
Replies: 8
Views: 1227

Re: Delete Wiki on Tax-Efficient Asset Location

Hi guys, First off, it's great that we're willing to revisit such a long-standing article. But I think that in all of this discussion (and certainly in the Wiki article itself), one point gets missed, which IMHO underlies the results in the Reed paper and less's arguments although both present it i...
by assumer
Sun Nov 17, 2013 10:05 pm
 
Forum: Investing - Theory, News & General
Topic: Delete Wiki [Article] on Tax-Efficient Asset Location
Replies: 285
Views: 15389

Re: Delete Wiki on Tax-Efficient Asset Location

Could we word it such that we talk about the "expected tax cost"? So that takes into account relative yields and changing tax brackets. We could discuss putting funds with the "highest expected tax cost" in the most tax efficient accounts. So for example, you have $20k to invest,...
by assumer
Sun Nov 17, 2013 1:47 pm
 
Forum: Investing - Theory, News & General
Topic: Delete Wiki [Article] on Tax-Efficient Asset Location
Replies: 285
Views: 15389

Re: Delete Wiki on Tax-Efficient Asset Location

We can discuss more about this: http://thefinancebuff.com/tax-efficienc ... olute.html which outlines situations where the tax rate / efficiency itself does not necessarily justify putting funds in tax-efficient vehicles.
by assumer
Sat Nov 16, 2013 5:45 pm
 
Forum: Investing - Theory, News & General
Topic: Delete Wiki [Article] on Tax-Efficient Asset Location
Replies: 285
Views: 15389

Re: Fidelity Individual 401k - Roth option

While we're on the topic, is there a downside to using, say, Vanguard, and then if you change your mind 2 years down the road, simply open a Fidelity 401k and roll your Vanguard one into the new Fidelity one? Not sure how the fidelity plan, which does not have Roth sub account, handle Roth assets t...
by assumer
Fri Nov 15, 2013 10:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fidelity Individual 401k - Roth option
Replies: 7
Views: 688

Re: Fidelity Individual 401k - Roth option

While we're on the topic, is there a downside to using, say, Vanguard, and then if you change your mind 2 years down the road, simply open a Fidelity 401k and roll your Vanguard one into the new Fidelity one?
by assumer
Fri Nov 15, 2013 9:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fidelity Individual 401k - Roth option
Replies: 7
Views: 688

Re: Fidelity Individual 401k - Roth option

Vanguard's solo 401(k) is called Individual 401(k) and has the option for Roth employee salary deferral. No rollovers from other accounts like IRA. Vanguard individual 401(k) https://investor.vanguard.com/what-we-offer/small-business/individual-401k?Link=facet Fidelity's plan is called Self Employe...
by assumer
Fri Nov 15, 2013 9:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fidelity Individual 401k - Roth option
Replies: 7
Views: 688

Re: Buying 1st Home vs. Staying Mobile for Career Growth

Rent a single family home. In the region I live, it's actually not too much more expensive than buying the home with all the costs. It's the route I'll likely go next year.
by assumer
Fri Nov 15, 2013 2:48 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buying 1st Home vs. Staying Mobile for Career Growth
Replies: 11
Views: 846

Re: Individual 401k Contribution Year

Solo 401(k) contributions for sole proprietors are driven by schedule C net business income. If there is no net business income, I don't think any contributions are allowed. It works differently for S-Corp because the solo 401(k) contributions are driven by the S-corp W-2 salary. The S-corp could h...
by assumer
Wed Nov 13, 2013 12:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Individual 401k Contribution Year
Replies: 3
Views: 219

Individual 401k Contribution Year

Assume I start a sole proprietorship in December 2013 and open an individual 401k in December. But I don't bring in any revenue until January 2014. Can I still contribute to 2013's 401k limits in January (before I file my taxes)?
by assumer
Wed Nov 13, 2013 12:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Individual 401k Contribution Year
Replies: 3
Views: 219

Re: Help Choosing a ACA Plan

Greenie wrote:The representative at Kaiser said I could contribute to my HSA account even if I don't have a "HSA Plan".


Huh? I don't understand. Have you verified this?
by assumer
Wed Nov 13, 2013 11:14 am
 
Forum: Personal Finance (Not Investing)
Topic: Help Choosing a ACA Plan
Replies: 51
Views: 2404

Re: No Admiral Shares in a Vanguard Individual 401(k)

To the poster above - no, Fidelity i401k does not allow loans. There are other places that do, but Fidelity is not one of them. Oh, my mistake, you're right. It was T-Rowe Price I was thinking of: 5.14 LOANS TO PARTICIPANTS A Participant may receive a loan from the Fund, subject to the following ru...
by assumer
Tue Nov 12, 2013 5:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: No Admiral Shares in a Vanguard Individual 401(k)
Replies: 31
Views: 4201

Re: No Admiral Shares in a Vanguard Individual 401(k)

Fidelity wins here where you can rollover IRAs and use ETF shares. I'm starting to agree with you. I just discovered this while trying to convert investor shares to admiral shares. Combined with the fact that you cannot roll a SEP-IRA in to allow backdoor Roths, there's a lot of incentive to just g...
by assumer
Tue Nov 12, 2013 4:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: No Admiral Shares in a Vanguard Individual 401(k)
Replies: 31
Views: 4201

Re: 23 year old ready to start my investing life.

Regarding tIRA vs. Roth IRA, I decided to go with roth because:

1. You can take out the principal at any time.
2. I plan to have a traditional 401k in the future, and want to diversify against future changes in tax law.
by assumer
Tue Nov 12, 2013 11:00 am
 
Forum: Investing - Help with Personal Investments
Topic: 23 year old ready to start my investing life.
Replies: 36
Views: 3403

Re: Help Choosing a ACA Plan

All plans in a tier should be actuarially similar. So the main question is how much care you expect to use and of what types (and network size, which is really critical in some states). The plans look pretty similar to me, honestly. If you're young you can get catastrophic plans as well. I am young...
by assumer
Tue Nov 12, 2013 10:53 am
 
Forum: Personal Finance (Not Investing)
Topic: Help Choosing a ACA Plan
Replies: 51
Views: 2404

Re: Help Choosing a ACA Plan

Just to throw another good site for comparison into the mix: http://www.ehealthinsurance.com has a nice chart which will estimate the amount you'd save/spend for low (broken bone), medium (appendectomy), and high (heart surgery) cost procedures for different plans.
by assumer
Tue Nov 12, 2013 10:44 am
 
Forum: Personal Finance (Not Investing)
Topic: Help Choosing a ACA Plan
Replies: 51
Views: 2404

Re: How many funds do you have in your portfolio?

Silence Dogood wrote:One fund:

Vanguard Target Retirement 2055 (VFFVX)


+1 same for me. Except mine is 2050 (VFIFX).
by assumer
Mon Nov 11, 2013 8:59 pm
 
Forum: Investing - Theory, News & General
Topic: How many funds do you have in your portfolio?
Replies: 96
Views: 5730

Re: HSA help

"Leader in Vanguard Funds"

https://hsaadministrators.info/
by assumer
Sun Nov 03, 2013 11:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: HSA help
Replies: 16
Views: 1907

Re: Healthcare.gov: Can now view plans without account.

cubedbee wrote:Effective dates in the Individual market must all be on the 1st on the Exchanges, so if you don't want a two week lapse of coverage you should buy coverage for 1/1.


Isn't it illegal (or, I'll have to pay tax penalties) if I have any lapse in coverage under the ACA? Perhaps I'm misinformed.
by assumer
Wed Oct 23, 2013 4:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Healthcare.gov: Can now view plans without account.
Replies: 49
Views: 5246

Re: Healthcare.gov: Can now view plans without account.

This is slightly off topic, but I will be moving and changing jobs either at the beginning of January or the end of December (my current health insurance expires in the middle of January) so if I sign up for this, I'm not sure which state I sign up for - my current state or my expected new state. An...
by assumer
Wed Oct 23, 2013 4:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: Healthcare.gov: Can now view plans without account.
Replies: 49
Views: 5246

Re: 401k to IRA Rollover Deadline

Well, that would work if you are eligible for in service distributions of all or part of your 401k, but if you are not yet 59.5 it's unlikely you can distribute any of it until after your separation date. Since we do not know all details of your plan balance and terms or your age, etc, we cannot de...
by assumer
Thu Oct 17, 2013 7:21 am
 
Forum: Personal Finance (Not Investing)
Topic: 401k to IRA Rollover Deadline
Replies: 7
Views: 521

Re: 401k to IRA Rollover Deadline

assumer , you might be confusing a Roth CONVERSION (which is what you are asking about) with a Roth CONTRIBUTION (which can be made until April 2014 and count as a 2013 event). As has already been posted, conversions are credited to the calendar year in which they occur. Yup, I was, thanks. So I mi...
by assumer
Wed Oct 16, 2013 5:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: 401k to IRA Rollover Deadline
Replies: 7
Views: 521

401k to IRA Rollover Deadline

I've been reading http://www.irs.gov/pub/irs-pdf/p575.pdf but I can't seem to find the answer to my question. Maybe I just missed it. Here's my question: Can I roll over a 401k to a Roth IRA in February 2014, and have it count towards my 2013 tax return? If you're curious, the reason is that I will ...
by assumer
Wed Oct 16, 2013 10:02 am
 
Forum: Personal Finance (Not Investing)
Topic: 401k to IRA Rollover Deadline
Replies: 7
Views: 521

Re: Solo 401k Contribution vs. Payroll Tax

I posted a long-ish entry at my blog a couple-three months ago about all this: http://evergreensmallbusiness.com/pension-deductions-versus-payroll-taxes/ As I note there, bumping your salary to get a bigger pension fund contribution is tough to justify if you're saving FICA with the S corp. BTW, pr...
by assumer
Mon Oct 14, 2013 2:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Contribution vs. Payroll Tax
Replies: 16
Views: 1244

Re: Solo 401k Contribution vs. Payroll Tax

Thanks, ObliviousInvestor. Given all that, do you have a recommendation? Since it would go into future social security benefits, in your opinion would it be better to pay the higher self employment tax and contribute more to the 401k? Edit: Didn't realize it was 20% in the case of an LLC as sole pro...
by assumer
Sat Oct 12, 2013 3:48 pm
 
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Contribution vs. Payroll Tax
Replies: 16
Views: 1244

Re: Solo 401k Contribution vs. Payroll Tax

http://www.irs.gov/Businesses/Small-Bus ... -Companies

An individual owner of a single-member LLC that operates a trade or business is subject to the tax on net earnings from self employment in the same manner as a sole proprietorship.
by assumer
Sat Oct 12, 2013 3:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Contribution vs. Payroll Tax
Replies: 16
Views: 1244

Re: Solo 401k Contribution vs. Payroll Tax

I'd treat the llc as a sole proprietorship so all its income would pass to me and I wouldn't give myself a wage.
by assumer
Sat Oct 12, 2013 2:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Contribution vs. Payroll Tax
Replies: 16
Views: 1244

Solo 401k Contribution vs. Payroll Tax

I have a tax question which may be a bit complicated, but bear with me. If I am self employed, let's say I have earnings of $120k for the year and the choice is between an LLC and S-Corp. A "reasonable salary" might be $80k. S-Corp: ⋅ I pay myself $80k in wages ⋅ I pay ...
by assumer
Sat Oct 12, 2013 12:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Contribution vs. Payroll Tax
Replies: 16
Views: 1244

Re: Payoff student loan, or invest?

Max out your HSA in preference to anything else, because you get a 21% subsidy from the IRS. Do you have a link or further description? I'm looking over our wiki page and searching online and on the irs website but am having some trouble finding exactly what you're talking about. Edit: Are you sayi...
by assumer
Tue Oct 01, 2013 5:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Payoff student loan, or invest? Annuity advice?
Replies: 33
Views: 3008

Re: [Wiki] - How to build a lazy portfolio

Should we put a link to the 3 fund portfolio as another "See also" at the top of the "Lazy portfolios" page? It's at the bottom right now under that See Also section. Or even another category on the side. It's just that those two pages are so similar. I had added a link to the la...
by assumer
Tue Oct 01, 2013 5:21 pm
 
Forum: Investing - Theory, News & General
Topic: [Wiki] - How to build a lazy portfolio
Replies: 9
Views: 1459

Re: Payoff student loan, or invest?

Question. In the US is student loan debt extinguished at death? Would it pass to your spouse? If the former, then it's a form of life insurance (even better reason not to pay it off). If the latter, you probably want to make sure you have the additional life insurance to discharge that debt if you ...
by assumer
Tue Oct 01, 2013 2:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Payoff student loan, or invest? Annuity advice?
Replies: 33
Views: 3008

Re: Asset allocation vs Net worth. The boglehead money illus

Okay so for your example of home mortgage, I could see how the risk to your net worth based on different AA changes depending on whether or not you have a $400k debt. So the question becomes: Do the traditional AA models assume you have a mortgage, or assume you don't have a mortgage? In terms of in...
by assumer
Thu Sep 19, 2013 3:55 pm
 
Forum: Investing - Theory, News & General
Topic: Asset allocation vs Net worth. The boglehead money illusion?
Replies: 28
Views: 3996

Re: "Why You Are Probably Not Saving Enough In Your 401k"

I've been saving as much as I'm allowed to for the last 10 years. If that's not enough there's not a lot I can do about it. I see this lots of times in retirement savings discussions, but I cannot make sense of it. Are people limiting their savings for retirement only to officially designated retir...
by assumer
Wed Aug 28, 2013 10:39 pm
 
Forum: Investing - Theory, News & General
Topic: "Why You Are Probably Not Saving Enough In Your 401k"
Replies: 42
Views: 6359

Re: "Why You Are Probably Not Saving Enough In Your 401k"

I've been saving as much as I'm allowed to for the last 10 years. If that's not enough there's not a lot I can do about it. That was (IMO) a flaw in the article. It says things like "out of every $1000 you earn you will have to save $X." But it never addresses how much you are allowed to ...
by assumer
Wed Aug 28, 2013 10:36 pm
 
Forum: Investing - Theory, News & General
Topic: "Why You Are Probably Not Saving Enough In Your 401k"
Replies: 42
Views: 6359

Re: Socially Responsible Investing

cheese_breath wrote:OK, here's one.

viewtopic.php?f=1&t=118603&p=1731638


Here's another:

viewtopic.php?f=10&t=119934
by assumer
Wed Aug 28, 2013 10:25 pm
 
Forum: Investing - Theory, News & General
Topic: Socially Responsible Investing
Replies: 105
Views: 5716
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