Search found 258 matches

Return to advanced search

Re: Beware Vanguard DOES NOT update all your account values

My 401k is with Vanguard and I've become accustomed to the fact that the plan's balances are not updated until the next day. The share prices are but the balances are not.
by furwut
Sat Apr 19, 2014 10:50 am
 
Forum: Investing - Theory, News & General
Topic: Beware Vanguard DOES NOT update all your account values
Replies: 56
Views: 4568

Re: Is it ever okay to use IRA to pay off student loan?

There is probably a scenario where this is so - but is that the case in your situation? You are thinking of raiding your retirement account to pay off a loan which suggests you have no other source of funds to do so. Might it be better to hold onto the IRA as an emergency fund and put more effort in...
by furwut
Fri Apr 18, 2014 1:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is it ever okay to use IRA to pay off student loan?
Replies: 5
Views: 536

Re: Late Roth Contribution - have to amend taxes?

The only thing you have wrong here is that everyone with income (and under age 70.5) is eligible for a traditional, they just may not be eligible to deduct the contribution. Yes - thanks. She is covered by a pension plan at work and makes a good income so no deduction for a traditional contribution.
by furwut
Mon Apr 14, 2014 4:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Late Roth Contribution - have to amend taxes?
Replies: 6
Views: 316

Re: Late Roth Contribution - have to amend taxes?

Be aware that Roth IRA has MAGI limits also. She needs to make sure that her income level permits Roth IRA contribution. Here's an IRS page showing 2013 MAGI limits for Roth IRA contributions: http://www.irs.gov/Retirement-Plans/Amount-of-Roth-IRA-Contributions-That-You-Can-Make-For-2013 If she pre...
by furwut
Mon Apr 14, 2014 4:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Late Roth Contribution - have to amend taxes?
Replies: 6
Views: 316

Late Roth Contribution - have to amend taxes?

Quick question for a friend, She has already files her taxes for 2013 but didn't make an IRA contribution. Can she still do a Roth before 4/15 anyway - she doesn't qualify for the traditional. I googled a bit and it seems the answer is Yes - and with the Roth she wouldn't have to amend her tax filin...
by furwut
Mon Apr 14, 2014 3:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Late Roth Contribution - have to amend taxes?
Replies: 6
Views: 316

Re: How to encrypt files for backup?

I use Evernote put for more secure storage I'm thinking along the lines suggested in this blog:

BoxCryptor vs. TrueCrypt: Securing Your Data in the Cloud
by furwut
Wed Apr 09, 2014 9:51 pm
 
Forum: Personal Consumer Issues
Topic: How to encrypt files for backup?
Replies: 22
Views: 1226

Re: Two Apartments, One FiOS Account

Another idea - Purchase and download content to an Apple iDevice and then stream that content to an Apple TV. But paying for FIOS and the paying Apple for the same content is not very Bolgeish. Cheaper is a Netflix DVD subscription and a DVD player. Cheaper still is what I'm doing right now which is...
by furwut
Fri Apr 04, 2014 6:16 pm
 
Forum: Personal Consumer Issues
Topic: Two Apartments, One FiOS Account
Replies: 15
Views: 1183

Re: Two Apartments, One FiOS Account

I'm thinking DVR like a TiVo. I know TiVo requires an internet connection to get its scheduling info. But once shows are recorded might they not be playable just connected to the TV in the "man cave".
by furwut
Fri Apr 04, 2014 5:34 pm
 
Forum: Personal Consumer Issues
Topic: Two Apartments, One FiOS Account
Replies: 15
Views: 1183

Re: Automobile Medical Payments

... he took medical payments coverage at either $5000 or $10,000. I told him my feeling that this coverage had little value for us, but that in his case I could see some value to it, due to his high deductible and the amount of driving he does due to his employment in the pizza delivery field. Some...
by furwut
Wed Apr 02, 2014 6:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Automobile Medical Payments
Replies: 21
Views: 1151

Re: Laid off today... TODO list?

Not for nothing, but it sucks when you get escorted out the door, and worse when security is doing it. Been there, know it's company protocol but it still not a happy feeing. I worked for a company whose policy was the moment you tendered a resignation armed security was called, you were escorted b...
by furwut
Wed Apr 02, 2014 6:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Laid off today... TODO list?
Replies: 97
Views: 9713

Re: Laid off today... TODO list?

A severance package is negotiable. Before you agree or sign anything figure out what your objective is. The company will want you to agree to a severance package to head off any potential age discrimination lawsuit. Since you are close to your planned retirement date some things I might try to get a...
by furwut
Wed Apr 02, 2014 5:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Laid off today... TODO list?
Replies: 97
Views: 9713

Re: renting out condo management fees

keith6014 wrote:
If I give it to a management agency, I was wondering if there are any gotchas. Do I have to worry about insurance, who sets the monthly price? How much liability will I have?


I think you also want a clear understanding of how they qualify rental candidates.
by furwut
Sun Mar 23, 2014 8:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: renting out condo management fees
Replies: 17
Views: 929

Re: Defined Benefit Pension Question

Taxation by state varies and is something every retiree needs to consider in their retirement planning.

Kiplinger's State By State Guide to Taxes on Retirees

edit: corrected link
by furwut
Sun Mar 23, 2014 9:35 am
 
Forum: Personal Finance (Not Investing)
Topic: Defined Benefit Pension Question
Replies: 8
Views: 574

Re: TurboTax defunct?

Clear your cookies
Make sure JavaScript is enabled
Quit your browser
Try again
Try another browser
by furwut
Mon Mar 17, 2014 3:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: TurboTax defunct?
Replies: 15
Views: 1880

Re: Girlfriend is a HCE - Any options for sheltered accounts

I spent many years in the "HCE penalty box". Your GF's 2013 earnings will prevent her from fully contributing to the 401k for 2014. The good news is that it looks like for 2015 things should be back to normal in your case. In the meantime you could do a backdoor Roth as well as contribute ...
by furwut
Tue Mar 11, 2014 10:19 am
 
Forum: Investing - Help with Personal Investments
Topic: Girlfriend is a HCE - Any options for sheltered accounts?
Replies: 12
Views: 1202

Re: Taxable Account prior to maxing out Tax-Advantaged Accou

A savings rate of 43% of gross income is not required to fund a retirement. Agree - but OP should think hard about where to accumulate their next dollar of savings while tax-advantaged space is still available. It is a balancing act between saving for retirement and spending on life's acquisitions....
by furwut
Thu Mar 06, 2014 4:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Taxable Account prior to maxing out Tax-Advantaged Accounts?
Replies: 15
Views: 966

Re: LifeLock

I think you can get equal protection with just implementing a credit freeze at each of the major bureaus.

http://www.nytimes.com/2014/02/11/your- ... c=rss&_r=1
by furwut
Thu Mar 06, 2014 2:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: LifeLock
Replies: 6
Views: 652

Re: Taxable Account prior to maxing out Tax-Advantaged Accou

I think some of the reasoning for always maximizing your tax-advantaged retirement plans first is the realization that adequately saving for retirement requires a high savings rate - high enough to always fill these accounts. Most people are not adequately saving for their retirement now - particula...
by furwut
Thu Mar 06, 2014 1:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Taxable Account prior to maxing out Tax-Advantaged Accounts?
Replies: 15
Views: 966

Re: washing machine - front loader or HE top loader?

I've owned a Frigidaire combo front loader washer/dryer for 5 years. No mildew issue here. After I'm done using the washer I take a rag and wipe up any remaining water in the door gasket. Then I leave the door ajar until next time. If you have small kids a front load washer may be a hazard. I think ...
by furwut
Tue Mar 04, 2014 11:13 am
 
Forum: Personal Consumer Issues
Topic: washing machine - front loader or HE top loader?
Replies: 52
Views: 2802

Re: Be careful with Turbotax [Importing data from Vanguard]

I had an issue last year with importing. In my case a 1099-R had a 0.00 entry that was significant but my have been suppressed during importation. The result was that a large IRA rollover was treated as taxable when it shouldn't have been.
by furwut
Sun Mar 02, 2014 6:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Be careful with Turbotax [Importing data from Vanguard]
Replies: 20
Views: 2604

Re: Early Retirement and ObamaCare

I am in a similar boat but I cannot do Reg IRA to Roth conversions because I thought they would put affect the level of my subsidies. Many of us early retirees are in the boat with you. Pre-ACA converting IRAs while remaining in a favorable tax bracket was standard strategy. Now with many of us hop...
by furwut
Fri Feb 28, 2014 11:22 am
 
Forum: Personal Finance (Not Investing)
Topic: Early Retirement and ObamaCare
Replies: 26
Views: 2546

Re: best tips for passwords?

Another reason to store all your passwords using password manager software is to enable quick access to your accounts for your loved ones should you become indisposed.

A paper list is too easily lost, incomplete, or out of date. With a password manager all someone needs is your master password.
by furwut
Mon Feb 17, 2014 11:21 am
 
Forum: Personal Consumer Issues
Topic: best tips for passwords?
Replies: 141
Views: 8526

Re: Bunching Property Tax - when is it considered paid?

OP - were you able to find an answer to this question ? OP here. As the above discussion illustrates informed minds differ :!: In my case the payment WAS cashed by the tax office on 12/31. The next week I finally reached someone in the tax office and was told that the payment had been applied to my...
by furwut
Sat Feb 08, 2014 10:35 am
 
Forum: Personal Finance (Not Investing)
Topic: Bunching Property Tax - when is it considered paid?
Replies: 39
Views: 2597

Re: Cars Are Expensive

Idealistically, I'd prefer to not own a car. Just walk and bike everywhere. Unfortunately, where I live isn't overly conducive to bike riding, but that doesn't have to stop me. The AAA calculates the cost of owning and operating a small sedan at $6000 to $8000 a year. Purchasing a used vehicle will...
by furwut
Sat Jan 18, 2014 11:02 am
 
Forum: Personal Finance (Not Investing)
Topic: Cars Are Expensive
Replies: 20
Views: 2119

Re: Rolling an IRA back into a 401k

One possible reason not to is to retain the flexibility to invest in funds that aren't available to you in your 401k.

For example, many investors are not completely happy with the Total Bond fund.

But if you are satisfied with the 3-fund portfolio I can't see any other reason not to.
by furwut
Mon Jan 13, 2014 1:00 am
 
Forum: Investing - Help with Personal Investments
Topic: Rolling an IRA back into a 401k
Replies: 3
Views: 259

Re: Washington DC Area Bogleheads

What is covered at the meetings? Is there a presentation? I live nearby.
by furwut
Sat Jan 11, 2014 11:05 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: Washington DC Area Bogleheads
Replies: 163
Views: 49161

Re: Time for a new dentist?

I clench my teeth at night when I sleep. Used a dentist for years that never said anything about it. Then I needed a root canal and the Endodontist told me the tooth failed because of my clenching habit. Mentioned this to my dentist and he said oh yeah but nothing more. He put the cap on. Shortly th...
by furwut
Thu Jan 09, 2014 9:50 pm
 
Forum: Personal Consumer Issues
Topic: Time for a new dentist?
Replies: 8
Views: 883

Re: Auto insurance

Shop around. No one company gives the best rates for all drivers.
by furwut
Wed Jan 08, 2014 9:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Auto insurance
Replies: 35
Views: 2416

Re: Questions about filling out PenFed IRA CD forms

Austintatious,

Vanguard has told me the same thing - an original signed transfer authorization form is required. Thanks for your info. I will be mailing the forms (again!) tomorrow.
by furwut
Wed Jan 08, 2014 8:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Questions about filling out PenFed IRA CD forms
Replies: 118
Views: 5935

Re: home inventory app/method (for insurance)

I too have this as a "someday" task. Here is a review of some apps I saved from the NYT: Sorting Out the Family Home, Laden With Possessions One app for the Mac that looks good is called Home Inventory. It comes with helper apps for the iPhone/iPad so you can gather details of items on tho...
by furwut
Wed Jan 08, 2014 4:52 pm
 
Forum: Personal Consumer Issues
Topic: home inventory app/method (for insurance)
Replies: 7
Views: 418

Re: Questions about filling out PenFed IRA CD forms

The two things of consequence we came away with were that they'd require an original signature on the Transfer Authorization, and that they'd require specificity as to the funds, including the amounts, to be liquidated and transferred. Oh boy. I got a call yesterday from Vanguard saying they were r...
by furwut
Wed Jan 08, 2014 4:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Questions about filling out PenFed IRA CD forms
Replies: 118
Views: 5935

Re: Why does it make sense to buy if you're staying put >5 y

The conventional wisdom is that if you're going to live in a place more than 5 years, you're better off buying a place to live rather than renting. I think you've misstated it. I've always heard it stated that if you are going to live in a place less then 5 years then you should rent. If staying lo...
by furwut
Sat Jan 04, 2014 9:33 pm
 
Forum: Investing - Theory, News & General
Topic: Why does it make sense to buy if you're staying put >5 yrs?
Replies: 28
Views: 2234

NYT Article: You can't take it with you ...

Research on how well one can say enough is enough. Seems many people don't know when to quit. All work and no play may just be a result of “mindless accumulation.” So say scholars behind research, published in the journal Psychological Science in June, that shows a deeply rooted instinct to earn mor...
by furwut
Sat Jan 04, 2014 9:06 pm
 
Forum: Personal Consumer Issues
Topic: NYT Article: You can't take it with you ...
Replies: 22
Views: 3705

Re: Should I be investing in stocks?

1. What are you investing in within your retirement accounts? Aren't you purchasing shares of a stock mutual fund? 2. You are doing the right thing by maxing out your retirment accounts first. Earning more money and keeping your living standard the same will eventually allow you to invest in a taxab...
by furwut
Fri Jan 03, 2014 11:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should I be investing in stocks?
Replies: 15
Views: 1403

Re: Withdraw from IRA before starting SS?

Another thing i have to consider.. will need to go on Obamacare starting in 2015.. so in my first year of retirement, 2014, would try to keep taxable income low in order to get the maximum subsidy.. wouldn't converting TIRA to Roth defeat that purpose by pushing my taxable income too high to get a ...
by furwut
Wed Jan 01, 2014 10:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Withdraw from IRA before starting SS?
Replies: 14
Views: 883

Re: Bunching Property Tax - when is it considered paid?

Thanks Jared, I haven't reached anyone at the tax office yet - holidays I suppose - but it is sounding more and more like my prepayment is for nought. I suppose I could claim the deduction anyway since it's not crystal clear that it is not allowed or maybe I should try to get the tax office to give ...
by furwut
Tue Dec 31, 2013 7:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bunching Property Tax - when is it considered paid?
Replies: 39
Views: 2597

Re: Cash in Your Wallet

Allan12 wrote:
Edit..main reason is to have all credit transactions for mint.


Same here. I swipe everywhere so I can track in Mint and earn cash rewards. Typically carry $20 or less.
by furwut
Sat Dec 28, 2013 3:57 pm
 
Forum: Personal Consumer Issues
Topic: Cash in Your Wallet
Replies: 93
Views: 4112

Re: Bunching Property Tax - when is it considered paid?

My city bills the first half of the property tax on March 1st. If one pre-paid the tax on February 28th it would seem absurd for it not to be deductible because it was paid before the tax was "imposed". I therefore feel the imposed limitation is not a fixed date - so perhaps that is where ...
by furwut
Sat Dec 28, 2013 9:27 am
 
Forum: Personal Finance (Not Investing)
Topic: Bunching Property Tax - when is it considered paid?
Replies: 39
Views: 2597

Re: Bunching Property Tax - when is it considered paid?

SteveKl - the IRS never ceases to amaze me :?
by furwut
Sat Dec 28, 2013 12:20 am
 
Forum: Personal Finance (Not Investing)
Topic: Bunching Property Tax - when is it considered paid?
Replies: 39
Views: 2597

Re: Large bonus at work paid in Jan 2014

Many investors max out their tax deferred as earlier in the year as possible having observed that markets *ON AVERAGE* finish the year higher in December.
by furwut
Fri Dec 27, 2013 7:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large bonus at work paid in Jan 2014
Replies: 13
Views: 1355

Re: Bunching Property Tax - when is it considered paid?

Thanks Alan S., I spent some time googling and very few of the search results brought up the nuance you have. The key, as you have pointed out, seems to be how the local jurisdiction views the payment. If they see it as a tax payment to be applied then I'm okay and I will try to get a receipt for au...
by furwut
Fri Dec 27, 2013 7:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bunching Property Tax - when is it considered paid?
Replies: 39
Views: 2597

Re: Bunching Property Tax - when is it considered paid?

Tax is typically imposed through a tax bill. Do you have a bill? If you prepay real estate taxes before a bill has even been released you may be on shaky ground with respect to a deduction should there be an audit. Another related condition is that the payment must be accepted by the tax authority ...
by furwut
Fri Dec 27, 2013 3:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bunching Property Tax - when is it considered paid?
Replies: 39
Views: 2597

Re: New PenFed CD rates good until the end of January

Just called Penfed this morning to ask some questions about setting up a Roth IRA with them. The CSR stated that they just got word that the CD rates are effective until the end of January. Anyone who calls in to Penfed can ask in order to confirm this. Ditto. I called and got confirmation as well ...
by furwut
Fri Dec 27, 2013 11:58 am
 
Forum: Investing - Theory, News & General
Topic: New PenFed CD rates!
Replies: 313
Views: 33214

Re: Will Bogleheads become the richest families on Earth?

VictoriaF wrote:When I first read the heading I thought the OP was estimating the combined wealth of the Bogleheads. That would be something like:

33,000 members x $1m average worth = $33B

Victoria


I think $1m is high. I'll go with $500K so $16.5B. Collectively we still haven't matched Warren.
by furwut
Fri Dec 27, 2013 11:48 am
 
Forum: Investing - Theory, News & General
Topic: Will Bogleheads become the richest families on Earth?
Replies: 18
Views: 1576

Re: Bunching Property Tax - when is it considered paid?

Thanks Tom D!

I sent the check via my banks online payment system so I have a clear indication that payment was submitted in 2013 on my account transaction log.
by furwut
Fri Dec 27, 2013 11:35 am
 
Forum: Personal Finance (Not Investing)
Topic: Bunching Property Tax - when is it considered paid?
Replies: 39
Views: 2597

Bunching Property Tax - when is it considered paid?

I sent a check for my 2014 property taxes on Dec 17th. It still has not been cashed. If it is cashed after the 1st of the year can I still include it as a deduction for 2013?
by furwut
Fri Dec 27, 2013 11:28 am
 
Forum: Personal Finance (Not Investing)
Topic: Bunching Property Tax - when is it considered paid?
Replies: 39
Views: 2597

Re: Employer Stock Exposure

Excellent replies above. If you are just starting out with the company I would evaluate the possibilities of another job - one with a much friendlier retirement plan before I had invested too much time in your current one.
by furwut
Sat Dec 21, 2013 12:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Employer Stock Exposure
Replies: 12
Views: 536

Re: Priceline Rewards Credit Card & Gift cards

Thanks,
I will have about $300 in utility charges charged to the account over the period. So I will earn the remainder of the bonus points by purchasing a $200 Amazon gift card at my local grocery store with my Priceline Visa.
by furwut
Sat Dec 21, 2013 8:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Priceline Rewards Credit Card & Gift cards
Replies: 3
Views: 305

Priceline Rewards Credit Card & Gift cards

Does anyone know if gift cards are eligible purchases for earning points on the Priceline Rewards card? I got this email offering me 5% on grocery purchases. What a rewarding way to start off the year! From January 1 through March 31, 2014, you'll earn 5 bonus points for every $1 you spend—up to 2,5...
by furwut
Fri Dec 20, 2013 5:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Priceline Rewards Credit Card & Gift cards
Replies: 3
Views: 305

Re: Fraudulent charge on PenFed's Amex : A report

My credit cards get hit once or twice a year this way. I've never had to replace the card though. I suspect that cyber criminals have hacked a legitimate merchant, collected the credit card data, and are now renting the list out to illegitimate "merchants". Seems the MO is for the illegiti...
by furwut
Thu Dec 19, 2013 6:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Fraudulent charge on PenFed's Amex : A report
Replies: 23
Views: 1495
Next

Return to advanced search