Search found 10 matches

by goGators
Tue May 26, 2015 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: 1st year HSA questions
Replies: 0
Views: 253

1st year HSA questions

Background: Before quitting her job last month, my wife had an HSA and a health insurance that covered her and our kids. I had my own HSA and health insurance. It was cheaper that way. Now my insurance covers the whole family. For 2015, my HSA contribution is $1100 so far and hers is $1500. Question...
by goGators
Sat Apr 25, 2015 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Bond allocation-retire in 2 yrs
Replies: 14
Views: 1272

Re: Bond allocation-retire in 2 yrs

but it's prudent to keep a few/several years spending in cash/bonds I agree with keeping at least several years worth of fixed expenses in less volatile assets, though. Sometimes stocks do decline and stay down for a long time. If 10 years worth of fixed expenses is 13% of your assets, you're not l...
by goGators
Sat Apr 25, 2015 5:51 am
Forum: Investing - Help with Personal Investments
Topic: Bond allocation-retire in 2 yrs
Replies: 14
Views: 1272

Re: Bond allocation-retire in 2 yrs

...what kind of spending you'll require in the future (also education expenses too?), how much assets you have now, any pensions if available, how much Social Security would provide, how much you value having more money past a certain point vs. how painful having to cut back might be What does (Tot...
by goGators
Fri Apr 24, 2015 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Bond allocation-retire in 2 yrs
Replies: 14
Views: 1272

Re: Bond allocation-retire in 2 yrs

What are the bond options in the 401k?

We should have FSITX. Our 401ks are in Fidelity BROKERAGELINK.
by goGators
Fri Apr 24, 2015 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Bond allocation-retire in 2 yrs
Replies: 14
Views: 1272

Bond allocation-retire in 2 yrs

I would like your advice on bond allocation. Background: I'm 49 and planning to retire in 2 years, wife 46 retired, 2 kids 14 and 6. We own a home and have no debt. For the past 20 years our allocation has been 100% stocks and emergency cash for 1 year. Currently, we have 31% of our savings in Roths...
by goGators
Wed Apr 10, 2013 5:52 am
Forum: Investing - Help with Personal Investments
Topic: Rollover of after-tax 401k with large gain
Replies: 11
Views: 1146

Re: Rollover of after-tax 401k with large gain

Default User BR wrote:... put it all in a traditional IRA, then roll the earnings back to the 401(k) and convert the basis.Brian

Why is it ok to separate the earnings from the basis when roll from a tIRA to a 401k but not from a 401k to a tIRA or a Roth?
Thank you.
by goGators
Sat Apr 06, 2013 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Rollover of after-tax 401k with large gain
Replies: 11
Views: 1146

Re: Rollover of after-tax 401k with large gain

mrpotatoheadsays , thanks for the link. I think I begin to understand why it is preferred to keep pre-tax money in a 401K instead of a traditional IRA (TIRA) when converting my after-tax 401K to a Roth. It seems to me that the IRS treats 401Ks and IRAs as two (2) separated entities even though both...
by goGators
Sat Apr 06, 2013 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Rollover of after-tax 401k with large gain
Replies: 11
Views: 1146

Re: Rollover of after-tax 401k with large gain

If I choose to go with the indirect method (another name for "Fairmark's strategy 3"?) and assume I have $12,000 total ( $10,000 basis + $2,000 earnings) in my after-tax account, are these following steps I need to execute: 1) Ask Fidelity for a distribution (NOT rollover) of my after-tax ...
by goGators
Fri Apr 05, 2013 5:25 am
Forum: Investing - Help with Personal Investments
Topic: Rollover of after-tax 401k with large gain
Replies: 11
Views: 1146

Re: Rollover of after-tax 401k with large gain

Thank you very much, Brian. I'll check with Fidelity to see if they could directly roll the earnings back. My goal is to empty out the after-tax account then make regular conversions of future after-tax contributions like many others on this board. Would this roll back strategy still give me a large...
by goGators
Thu Apr 04, 2013 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover of after-tax 401k with large gain
Replies: 11
Views: 1146

Rollover of after-tax 401k with large gain

Hi All, I have read many posts on this topic but could not find a clear answer to my situation. I hope you could help me. I would like to make an in-service direct rollover of my after-tax 401k which is managed by Fidelity. My after-tax account has significant amount of gain which will result in a l...

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