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Est Taxes as S-Corp

I am working as a newly formed S-Corp this year. My question is, as the year progresses and I am paying estimated quarterly fed/state taxes. Do I pay this on my W2 salary or on my corporate profits? For example: I plan on paying myself a W2 salary of $140,000 and will have an additional roughly $100...
by bkkchris
Sun May 05, 2013 7:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Est Taxes as S-Corp
Replies: 3
Views: 336

Re: Transfer Options

Thanks! Yes, I thought I might be able to make it work at first as well, but after talking with a few Vanguard associates, seems like Fidelity was the option for me. bkchris, Please accept my apologies. I called my VG Small Biz rep and you are right they do not allow rollovers from anything but othe...
by bkkchris
Wed May 01, 2013 7:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Transfer Options
Replies: 8
Views: 574

Re: Individual 401 K

I agree. I love Vanguard, but Fidelity have been really knowledgeable and helpful, and so far more informed when it comes to the i-401k questions. Thanks, I spoke to fidelity, like you all said they will allow it. Will call vanguard again. I have got accounts at both, overall, fidelity retirement sp...
by bkkchris
Wed May 01, 2013 1:45 am
 
Forum: Investing - Help with Personal Investments
Topic: Individual 401 K
Replies: 13
Views: 1180

Re: Transfer Options

Wanted to do this, but Vanguard does not allow rollovers into their i-401k and I need to consolidate to backdoor Roth. I am in the process of transferring over my Vanguard SEP to my Fidelity Solo 401k.. Why not just convert VG SEP to VG Individual-k? Is this for lower ER's at Fidelity? Seems like a ...
by bkkchris
Wed May 01, 2013 1:39 am
 
Forum: Investing - Help with Personal Investments
Topic: Transfer Options
Replies: 8
Views: 574

Re: Solo vs individual 401k

Exactly why I opened my solo 401k at Fidelity. Rolling in my various IRAs to allow for backdoor Roth.

Was planning on staying with Vanguard as my taxable and SEP are/were there, but no rollovers allowed and no Admiral shares.
by bkkchris
Wed May 01, 2013 1:37 am
 
Forum: Investing - Help with Personal Investments
Topic: Solo vs individual 401k
Replies: 7
Views: 445

Re: Individual 401 K

Fidelity solo 401k seems like a great option. I too am looking to consolidate IRA's to allow for backdoor Roth. The Fidelity solo 401k is pretty flexible. You can buy pretty much anything you want, be it fee-free Fidelity funds (many of which mimic Vanguard Index funds er), Vanguard funds (for a fee...
by bkkchris
Tue Apr 30, 2013 1:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Individual 401 K
Replies: 13
Views: 1180

Re: Individual 401 K

I was planning on opening an i401k with Vanguard as well, until I discovered they offer no rollin option and do not allow Admiral share classes or ETF purchased in their i401k.

So I opened a solo 401k with Fidelity. So far been pretty happy and have been able to rollin all my various other IRAs.
by bkkchris
Tue Apr 30, 2013 1:14 am
 
Forum: Investing - Help with Personal Investments
Topic: Individual 401 K
Replies: 13
Views: 1180

Transfer Options

I am in the process of transferring over my Vanguard SEP to my Fidelity Solo 401k. I have Vanguard Small-cap Value Admiral fund which I want to keep and keep adding to in my Fidelity 401k. Since Fidelity does not have Admiral fund classes, my main options are liquidate, transfer and then buy the ETF...
by bkkchris
Mon Apr 29, 2013 8:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Transfer Options
Replies: 8
Views: 574

Fidelity Small-cap or Extended Market?

I recently opened a solo 401k at Fidelity and have combined all my IRA accounts into this in order to start a back door roth. My desired US allocation is 50/50 TSM/SC (this to compliment my International allocation of 50/50 TSM/SC held in Vanguard taxable). I plan to fully fund my backdoor Roth IRA ...
by bkkchris
Fri Apr 19, 2013 11:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fidelity Small-cap or Extended Market?
Replies: 5
Views: 918

Re: Small Value? IJS vs VBR

So, the Vanguard fund (which I hold via VSIAX) is a bit cheaper and more diversified, with slightly larger companies and a heavier (though still not heavy a la Fama-French purists) value tilt. I don't like the world "value-y" that some people use, so I'll say it's more "valuerific.&q...
by bkkchris
Wed Apr 17, 2013 5:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Small Value? IJS vs VBR
Replies: 3
Views: 699

Small Value? IJS vs VBR

I know this has been discussed in previous posts, so not looking to get into the merits of one or the other as in the long run they are probably about the same. However, looking at recent performance (i.e. this year so far), VBR seems to be outperforming IJS by a good percentage and am just wonderin...
by bkkchris
Wed Apr 17, 2013 1:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Small Value? IJS vs VBR
Replies: 3
Views: 699

Same funds btwn different accounts?

General question, but do people feel there are any benefit to having the same fund in multiple accounts. For example, I have space in both solo 401k and taxable to hold Total Stock and Small Value in both accounts to meet my target AA and max my 401k contribution for the year. Or I could hold just S...
by bkkchris
Sun Mar 31, 2013 8:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Same funds btwn different accounts?
Replies: 4
Views: 496

Re: Portfolio allocation, starting from scratch

I was in a VERY similar spot as you (except my target is 80/20 stock/bond). As mentioned above, I looked at a consolidated version of your proposed AA and ended up with: US Large Blend (VTI) - 20% US Small Value (VBR/IJS) - 20% Int Large Blend (VXUS) - 20% Int Small Blend (VSS) - 20% Total Bond (BND...
by bkkchris
Fri Mar 29, 2013 7:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation, starting from scratch
Replies: 6
Views: 711

Re: I'm stuck at Fidelity, but like Vanguard funds better

I believe most Vanguard funds at Fidelity are $75 for the first purchase and then $5 thereafter if you set up an automatic payment plan.
by bkkchris
Fri Mar 29, 2013 12:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: I'm stuck at Fidelity, but like Vanguard funds better
Replies: 23
Views: 2273

Re: Help me understand backdoor Roth option?

So since the $5500 I could contribute to a backdoor Roth is in addition to the $51,000 max to my solo 401k, it would make sense to add that to my investment strategy as that is then $5500 that would have been in a taxable account, but now is at least growing tax free in the Roth. With that said, wou...
by bkkchris
Tue Mar 26, 2013 2:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help me understand backdoor Roth option?
Replies: 6
Views: 385

Help me understand backdoor Roth option?

Ok, maybe I just don't quite 'get' it, but after reading countless articles about the backdoor Roth option, I think I still need a bit of help/advice. I understand the basic steps of actually setting up a backdoor Roth (no other IRA's, making non-ded contribution, waiting a bit, converting to roth, ...
by bkkchris
Tue Mar 26, 2013 1:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help me understand backdoor Roth option?
Replies: 6
Views: 385

Re: Portfolio critique

Based off the great advice on this site I am moving towards what livesoft basically recommended above. 20% Total bond (BND) - i401k 20% Total US (VTI) - i401k/Taxable 20% Small-cap Value (VBR) - i401k/Taxable 20% Total Int (VXUS) - Taxable 20% Small Cap Int (VSS) - Taxable Easy to maintain and balan...
by bkkchris
Mon Mar 25, 2013 12:09 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio critique
Replies: 21
Views: 1091

Simple 3 fund portfolio btwn Roth/Taxable?

I am helping my gf set up a retirement plan. 41yrs, high 5 figure portfolio, 25% tax bracket. Currently she has 27,000 in a ROTH all in FFNOX (Fidelity Four-In-One Fund). She will invest $5,500 additional to the ROTH for 2013 and the max for all future years. In addition she has $50,000 available to...
by bkkchris
Sun Mar 24, 2013 11:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Simple 3 fund portfolio btwn Roth/Taxable?
Replies: 2
Views: 436

Re: Investor vs. Admiral Share costs

Fair points. Starting with 200k, at 6%/year, the difference is 30k (according to the above calculator), not all that insignificant...
by bkkchris
Fri Mar 22, 2013 1:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Investor vs. Admiral Share costs
Replies: 14
Views: 1813

Re: Investor vs. Admiral Share costs

Rick Ferri wrote:You can always buy Vanguard ETFs through Vanguard and get Admiral pricing at any asset level.

Rick Ferri


Unfortunately ETFs are not available under Vanguards Individual-401k, last I checked.
by bkkchris
Wed Mar 20, 2013 3:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investor vs. Admiral Share costs
Replies: 14
Views: 1813

Investor vs. Admiral Share costs

Obviously I would choose the Admiral share class of any fund if available. But if Admiral shares are unavailable (for example in a Vanguard Individual 401k), at what point do you think the cost difference becomes too great and its time to look at other options (Fidelity). I currently have about $200...
by bkkchris
Wed Mar 20, 2013 2:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investor vs. Admiral Share costs
Replies: 14
Views: 1813

Re: New Investor - Basic Portfolio Review/Help

Thanks to all the advice on this site, I have slightly revised. In SEP IRA: VTSAX - Total Stock Market - 15% VSIAX - Small-Cap Value - 15% VBTLX - Total Bond - 20% In Taxable: VTSAX - Total Stock Market - 10% VTIAX - Total International - 40% This gives me a 40US/40INT/20BOND AA with a slight (a bit...
by bkkchris
Sun Jan 20, 2013 10:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Investor - Basic Portfolio Review/Help
Replies: 4
Views: 446

Re: New Investor - Basic Portfolio Review/Help

"expected" jim As in there is really no advantage over the long run of having a bit of tilt? Maybe keep it slightly simpler with a core three fund portfolio of VTI/VXUS/BND and maybe a 5% tilt each with VSS and VB(or the value VBR)? I understand the added risk involved with adding small c...
by bkkchris
Thu Jan 17, 2013 7:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Investor - Basic Portfolio Review/Help
Replies: 4
Views: 446

New Investor - Basic Portfolio Review/Help

Hi All, first thanks to everyone for all the great insights provided on this site, and for listening to my sometimes random questions and posts as I tried to build a portfolio I am happy to start off with. So, this is where I am currently. 35, single, currently self employed, no-debt, 8-month emerge...
by bkkchris
Thu Jan 17, 2013 5:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Investor - Basic Portfolio Review/Help
Replies: 4
Views: 446

200k to invest. Lump sum or monthly?

I have about 200k that I have decided to finally invest, available immediately. It will be spread between my SEP IRA and taxable account. Would you invest the full amount in one lump sum, or invest the money over the next 6 months? This would be on top of an additional 3,000 monthly that will be ava...
by bkkchris
Wed Jan 16, 2013 8:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: 200k to invest. Lump sum or monthly?
Replies: 1
Views: 431

150k to invest. Portfolio advice.

So much great info on this site, thought it was time to ask for my own. I have roughly 150k to invest which has just been sitting in a savings account. I currently only have a SEP IRA with the following AA: 500 Index VFIAX 20% Small Cap Index Fund VSMAX 15% Total International Stock Index VTIAX 30% ...
by bkkchris
Mon Jan 07, 2013 11:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: 150k to invest. Portfolio advice.
Replies: 11
Views: 1419

33 recently self-employed HELP

After many years of not paying much attention to my money, it is finally time to get serious. I am 33 and recently moved to a freelance/1099 position (with a profit sharing deal). 2011 Federal 28%, 2012 Federal most likely 35%. Single, 0 debt 20k emergency fund in .80% savings account 30k old employ...
by bkkchris
Thu Mar 08, 2012 1:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: 33 recently self-employed HELP
Replies: 2
Views: 334

ETF Portfolio Help!

I am starting out building an ETF portfolio and would like some advice on the following. A little background. I am 32yrs old, looking at this portfolio as long term (20+yrs) investments to be tweaked once/twice yearly. Mostly iShares ETF as I have free trading on these with Fidelity. Looking to inve...
by bkkchris
Tue Jan 11, 2011 10:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: ETF Portfolio Help!
Replies: 3
Views: 632

Novice Portfolio Allocations?

Looking to start putting 2k/month into a taxable account at Fidelity (utilizing some of the free trade i-Share ETF's). I currently do not have any tax-free accounts available to me as I reside out of the US - although I do have 30k (FUSEX) in a Rollover IRA to re-allocate as necessary. I am 32 and o...
by bkkchris
Thu Dec 30, 2010 11:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Novice Portfolio Allocations?
Replies: 1
Views: 412

US Citizen working abroad. HELP

I am a US Citizen who recently took a job abroad with a foreign company. I am paid monthly into a US bank account in US $$$. I understand that I cannot contribute to any sort of US retirement account (IRA, etc.) on foreign earned income (and still be able to take the foreign earned income tax write-...
by bkkchris
Wed Dec 29, 2010 12:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: US Citizen working abroad. HELP
Replies: 2
Views: 731

Thanks for the advice. I am actually in the process of rolling over my 401k to a rollover IRA. So I pretty much have available the full range of investments options, funds, etfs, stocks, etc. I am looking to reallocate my current allocations as, like you said, they are pricey and not well balanced. ...
by bkkchris
Tue Dec 28, 2010 9:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Young(ish)/New Investor Help!
Replies: 2
Views: 525

Young(ish)/New Investor Help!

Hi Everyone, After spending my early years wasting away $$$ I have finally come to my senses and decided to get serious about my investing and future wealth. Some advice would be greatly helpful, but please lets keep it as simple/streamlined as possible for me, as my past has shown I am not the best...
by bkkchris
Tue Dec 28, 2010 1:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Young(ish)/New Investor Help!
Replies: 2
Views: 525

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