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Re: Refinance Question

I opted for the 30 year at the time to maintain some flexibility with monthly expenses and because my significant other was more comfortable with the lower payment (she does fine for herself financially but does make quite a bit less than I do). Fast forward to 6 months later and I find myself payi...
by icefr
Mon Feb 23, 2015 1:02 am
 
Forum: Personal Finance (Not Investing)
Topic: Refinance Question
Replies: 15
Views: 1209

Re: IRA advice (Please) from 401k rollover

Sounds like investing it in a Vanguard Target Retirement fund would be a great option. One note though is that you can't continue contributing to your Rollover IRA. I would open a separate Traditional IRA account at Vanguard, which you can contribute $5,500 to in 2015: http://www.irs.gov/Retirement-...
by icefr
Fri Jan 16, 2015 8:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: IRA advice (Please) from 401k rollover
Replies: 7
Views: 556

Re: Help with starting a retirement account for my fiance?

I actually think it would be better for you not to contribute to her IRA at all. I know you plan to get married and all, but things happen. Or, at least wait until it's official... I agree with this. I'm in a similar situation. I set up a Roth IRA for my girlfriend. I told her that I will not be co...
by icefr
Thu Jan 15, 2015 11:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with starting a retirement account for my fiance?
Replies: 13
Views: 1016

Re: Tax withholding questions

I did this in 2013 and it worked out fine. (I adjusted the W4 withholdings on the second job.)
by icefr
Mon Jan 12, 2015 6:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tax withholding questions
Replies: 4
Views: 535

Re: Opinions on my 4-fund 401(k)

NotRetiredYet wrote:36 years old. No other components to my portfolio at this time. This is a Roth 401(k) as well. I contribute 6% and employer matches with 7%.


What is your marginal tax rate? If it is 25% or higher, I would vote for a Traditional 401(k) instead: http://thefinancebuff.com/case-against-roth-401k.html
by icefr
Sun Jan 11, 2015 11:23 am
 
Forum: Investing - Help with Personal Investments
Topic: Opinions on my 4-fund 401(k)
Replies: 10
Views: 1277

Re: First time simplifying portfolio

Just eat the fee and move on. You have a solid plan.
by icefr
Sun Jan 11, 2015 11:18 am
 
Forum: Investing - Help with Personal Investments
Topic: First time simplifying portfolio
Replies: 2
Views: 278

Re: What is the international portion of your portfolio and

International is targeted for 50% of my equities allocation; the other 50% allocated to US. Why? I live in the US and don't necessarily plan to retire in the US and am open to currency risk. All of my international is in the Vanguard Total International Stock Market Index Fund (Admiral or Institutio...
by icefr
Sat Jan 10, 2015 4:31 pm
 
Forum: Investing - Theory, News & General
Topic: What is the international portion of your portfolio and why?
Replies: 140
Views: 11987

Re: Tax loss harvesting international with frequent buys

Thank you so much for all the replies! He even made a Bogleheads account so he could watch the replies come in :) It sounds like he needs to make sure he sells the shares acquired within the last month and makes sure he turns off automatic contributions for the next month.
by icefr
Thu Jan 08, 2015 10:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting international with frequent buys
Replies: 4
Views: 711

Tax loss harvesting international with frequent buys

My boyfriend and I have been investigating tax loss harvesting. He has done a great job saving over the last year and per my suggestion has invested about half and half into Vanguard Total Stock Market and Vanguard Total International Stock Market in his taxable account. Well as you can imagine, he ...
by icefr
Tue Jan 06, 2015 2:11 am
 
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting international with frequent buys
Replies: 4
Views: 711

Re: Early withdrawal of Rollover IRA

What about transferring it to a brokerage that you do use more regularly?
by icefr
Mon Jan 05, 2015 3:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Early withdrawal of Rollover IRA
Replies: 4
Views: 491

Re: Am I contributing too much to retirement?

Hi all, I started my first full time job back in July (21 years old), so next year will be the first full year of employment (and the full tax burden!). My take home pay (post-tax) is roughly $52000. In my first 6 months of employment, I decided to take advantage of the relatively low tax bracket, ...
by icefr
Mon Jan 05, 2015 3:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: Am I contributing too much to retirement?
Replies: 28
Views: 4835

Re: 403b Roth or non Roth ??

If you think you'll be in a lower tax bracket in retirement, you should continue contributing to the non-Roth 403(b) like you have been. Considering that your current tax bracket is 35%, you will most likely be in a lower tax bracket at retirement.
by icefr
Mon Jan 05, 2015 2:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: 403b Roth or non Roth ??
Replies: 7
Views: 412

Re: Accumulation Phase - First Taxable Account - Strategies?

You can always start with mutual funds at Vanguard and convert them to ETFs later if you want to take advantage of sign-up bonuses. I'd rather start with mutual funds myself since you can go MF->ETF, but not ETF->MF. Plus, once your fund surpasses $10,000, then Vanguard will automatically put you in...
by icefr
Fri Jan 02, 2015 6:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Accumulation Phase - First Taxable Account - Strategies?
Replies: 6
Views: 717

Re: New $1 additional investment minimum at Vanguard

Are you trying to crash Vanguards software? Seriously, when I was testing software this is the sort of test that would annoy the developers. The first version tested would almost always crash or do something else unpleasant. So your either betting that Vanguard has a descent test group or trying a ...
by icefr
Fri Jan 02, 2015 4:23 pm
 
Forum: Investing - Theory, News & General
Topic: New $1 additional investment minimum at Vanguard
Replies: 11
Views: 2544

Re: New job with Vanguard options! Thoughts on 401k?

Something else I forgot to mention, I also have about $2,500 in an HSA with my old employer. I will be rolling this over into my new HSA at my new employer, they give me $1,000 a year. Not sure if this makes a difference... It depends on what you plan to do with the HSA. Do you use it for your heal...
by icefr
Fri Jan 02, 2015 3:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: New job with Vanguard options! Thoughts on 401k?
Replies: 16
Views: 1265

Re: New job with Vanguard options! Thoughts on 401k?

We need more information to suggest your allocations as you haven't told us how much you plan to contribute next year. I assumed $18,000 to your 401(k) and $5,500 to your Roth IRA. What about your spouse's accounts? Do you have a match in your 401(k)? At 25, I would suggest 25% in bonds. I would als...
by icefr
Fri Jan 02, 2015 1:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: New job with Vanguard options! Thoughts on 401k?
Replies: 16
Views: 1265

Re: Accumulation Phase - First Taxable Account - Strategies?

I buy whenever I have money I want to invest. The more tax lots the better since when you go to sell, you have more choices of which ones to sell.
by icefr
Wed Dec 31, 2014 5:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Accumulation Phase - First Taxable Account - Strategies?
Replies: 6
Views: 717

Re: International in Tax Deferred

First, Roth IRA and Roth 401(k) are not tax-deferred vehicles. They're tax-free - provided that you don't withdraw earnings until after age 59.5, you will never pay tax on this money again. Second, Traditional IRA and Traditional 401(k) are tax-deferred vehicles. I wouldn't sell anything in taxable ...
by icefr
Wed Dec 31, 2014 5:41 pm
 
Forum: Investing - Theory, News & General
Topic: International in Tax Deferred
Replies: 13
Views: 989

Re: UMB vs HSA?

I would wait until you get a fee schedule from your employer. My employer's HSA fees are much lower than the posted ones for the institution they're with.
by icefr
Wed Dec 31, 2014 5:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: UMB vs HSA?
Replies: 13
Views: 1525

Re: International in Tax Deferred

My Roth IRA holds Total stock market and then Extended Market to complement the S&P 500 index fund in my 401(k). At the moment, my 401(k) has most of my international stock index fund, some S&P 500 index fund, and a stable value fund. I also have international in my taxable account. If I wer...
by icefr
Wed Dec 31, 2014 4:58 pm
 
Forum: Investing - Theory, News & General
Topic: International in Tax Deferred
Replies: 13
Views: 989

Re: Last minute TLH question please

I responded in the other thread. Go ahead and exchange VTIAX for VFWAX today is my recommendation. Oh, Google.com is a great search engine, so you should be adept at searching which is pretty much a requirement for all US citizens nowadays. Use big words like American Funds 2014 distributions Homew...
by icefr
Wed Dec 31, 2014 4:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: Last minute TLH question please
Replies: 6
Views: 445

Re: Mortgage Question

Recently purchased a new home in July. We put down 20% and the rate we got then was above 4%. Our mortgage payment is currently 1706$ Looking at the rates on PenFed i did some calculations and they could save me about 130 a month. with a payment around 1585$. Is it unwise to re-finance so soon afte...
by icefr
Tue Dec 30, 2014 5:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mortgage Question
Replies: 10
Views: 1027

Re: Engaged - marriage penalty & other practical concerns

[ just think Obama defined "rich" as 200k for an individual and a measly 50k higher for a family. Grubbing around on the web, I see that a family of four making $200,000 is in the 93 or 94th percentile of earners. That looks pretty "rich" to most people. I don't deny that it's &...
by icefr
Tue Dec 30, 2014 3:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Engaged - marriage penalty & other practical concerns
Replies: 50
Views: 3916

Re: Engaged - marriage penalty & other practical concerns

Theorem: You cannot have all three of: ⋅ All married couples with the same combined income pay the same tax. ⋅ All married couples pay the same tax as they would as two singles. ⋅ Progressive income tax*. While true, the first property isn't necessarily a desirable fea...
by icefr
Tue Dec 30, 2014 2:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Engaged - marriage penalty & other practical concerns
Replies: 50
Views: 3916

Re: Advice on my 3 fund

You should stay the course. Keep reallocating your funds, but don't adjust your asset allocation because of what the market is doing.
by icefr
Tue Dec 30, 2014 1:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on my 3 fund
Replies: 2
Views: 568

Re: Hold on New Vanguard Account Funds

This doesn't seem abnormal.

There shouldn't be an issue with the $350k for your taxable account, so long as you ACH it into the funds you want to put it in directly.
by icefr
Tue Dec 30, 2014 11:22 am
 
Forum: Investing - Help with Personal Investments
Topic: Hold on New Vanguard Account Funds
Replies: 5
Views: 626

Re: Engaged - marriage penalty & other practical concerns

- $10K per year in marriage penalty is not a lot. Don't get me wrong. It is a lot. However, merging households can potentially provide you with more savings. It is much easier and cheaper to maintain one 2,000 SqFt household than two 1,200 SqFt households, for example. One car instead of two. You d...
by icefr
Tue Dec 30, 2014 1:40 am
 
Forum: Personal Finance (Not Investing)
Topic: Engaged - marriage penalty & other practical concerns
Replies: 50
Views: 3916

Re: Poll: Total cost of 2-yr cell phone ownership?

Nexus 5 ~$400 on Ting with an average bill of $25.69.
by icefr
Mon Dec 29, 2014 7:27 pm
 
Forum: Personal Consumer Issues
Topic: Poll: Total cost of 2-yr cell phone ownership?
Replies: 54
Views: 3315

Re: Should I do a 25 year refinance?

This seems like a no brainer to me. Your mortgage would be paid off at the same time it is currently and you will pay less interest. I would keep paying your current payment of $2,029 as well, which would send $8 extra to principal each month. I can't see any especially since my mortgage interest if...
by icefr
Mon Dec 29, 2014 5:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should I do a 25 year refinance?
Replies: 13
Views: 856

Re: House Downpayment Saving: Investment Vehicle

Everyone's different, but I saved up about $80k in a down payment fund a few years ago and I kept it all in a savings account / CDs. One of my friends thought I should invest part of it, but I didn't really want to lose part of my principal. I bought within a year of starting to save though, so I di...
by icefr
Mon Dec 29, 2014 4:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: House Downpayment Saving: Investment Vehicle
Replies: 3
Views: 557

Re: Engaged - marriage penalty & other practical concerns

I'm not engaged and I live in a no income tax state, but I have thought about this on occasion. The best way to estimate would probably be to use the same tax software you use to do your single 2014 tax returns to also do a fake married tax return and see what the difference is. My estimate for us a...
by icefr
Mon Dec 29, 2014 3:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: Engaged - marriage penalty & other practical concerns
Replies: 50
Views: 3916

Re: Feeling a bit lost...should we buy a house?

Currently my wife and I are are able to invest 63% of our income. If we had to move to our home country, our income would plummet by at least 50% and our savings rate would collapse to a maximum of 20%. It's for this reason that I was thinking of crystalizing our savings in the form of a house. Now...
by icefr
Mon Dec 29, 2014 3:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Feeling a bit lost...should we buy a house?
Replies: 17
Views: 2915

Re: Social Security Number on Dental Policy – Legal?

I'm also with Delta Dental and I was originally told my subscriber ID was my SSN. I was, however, able to call in to customer support and get a randomly generated subscriber ID, which I was much more comfortable giving out to my dentist.
by icefr
Fri Dec 26, 2014 6:10 pm
 
Forum: Personal Consumer Issues
Topic: Social Security Number on Dental Policy – Legal?
Replies: 8
Views: 1119

Re: [Poll] What's Your Tax Prep Strategy?

I use TaxAct since it's free for federal filings and I don't have to do state. I tried to use Free File Fillable Forms a few years ago, but they couldn't deal with my RRSPs, so I'm sticking with TaxAct. I don't want to pay for TurboTax really...
by icefr
Sat Dec 20, 2014 1:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: [Poll] What's Your Tax Prep Strategy?
Replies: 70
Views: 5073

Re: What are your 2015 Financial Goals?

1. Pay off my mortgage (just under $150k to go - I have a bigger savings buffer than necessary and will throw that at the mortgage early next year).

Other goals:
2. Max 401(k), 2015 Backdoor Roth IRA, and ESPP.
3. Save 80% of my net income.
by icefr
Sat Dec 20, 2014 1:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: What are your 2015 Financial Goals?
Replies: 102
Views: 8332

Re: No Foreign Fee Credit Card - Exchange Rate

I cancelled the Barclay Arrival+ last month just before the one year anniversary. They didn't ask or pressure me into staying. I would have stayed, but I didn't want to pay the fee. The card was actually enrolled in my wife's name (I had a card too). I wonder if I could do another card in my name a...
by icefr
Tue Dec 16, 2014 10:37 pm
 
Forum: Personal Consumer Issues
Topic: No Foreign Fee Credit Card - Exchange Rate
Replies: 15
Views: 1273

Re: What to do with Orphaned Small $ Rollover IRA

You could roll it to a Vanguard Rollover IRA and buy some shares of an ETF that would satisfy your asset allocation and then leave it alone. That would avoid the fund minimums.
by icefr
Fri Dec 12, 2014 2:24 am
 
Forum: Investing - Help with Personal Investments
Topic: What to do with Orphaned Small $ Rollover IRA
Replies: 9
Views: 655

Re: Cash Back Credit Cards

You can't do a straight comparison of a MasterCard to an Amex. I used the Fidelity Amex as my primary credit card for a year and found that with the number of times I had to use a backup 1% visa because a merchant didn't take Amex, I only saw about 1.75% cashback, not 2%. The comparison is then 89/...
by icefr
Thu Dec 11, 2014 8:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Cash Back Credit Cards
Replies: 90
Views: 11357

Re: sizeable negative balaance on credit card--how to access

I had this issue once. I called the bank and they did an ACH credit to the account that I use to make payments on the account. Worked out great!
by icefr
Thu Dec 11, 2014 8:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: sizeable negative balaance on credit card--how to access?
Replies: 24
Views: 2928

Re: Vanguard IRA Beneficiary Designation

I remember having to set the beneficiaries again when I opened my Traditional IRA and I'd already set them on my Roth IRA, so I think they can be separate, but you can also make them the same if you want.
by icefr
Thu Dec 11, 2014 6:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Vanguard IRA Beneficiary Designation
Replies: 3
Views: 430

Re: Cash Back Credit Cards

If you travel a lot and like having only one card: Barclaycard Arrival Plus World Elite Mastercard - 2.2% CB when used for travel If you prefer something lower effort with no annual fee: Fidelity Amex - 2% CB ... Note that the 2.2% benefits of the World Elite card require you use your points on tra...
by icefr
Thu Dec 11, 2014 11:06 am
 
Forum: Personal Finance (Not Investing)
Topic: Cash Back Credit Cards
Replies: 90
Views: 11357

Re: Lump Sum Windfall of $28,000

Here are the full details on the loans: Loan TypePrincipal Balance *Interest Rate Open Section Direct Unsubsidized Stafford $3,421.20 6.550% Open Section Direct Unsubsidized Stafford $5,574.81 6.550% Open Section Direct Unsubsidized Stafford $6,604.48 6.550% Open Section Direct Unsubsidized Staffor...
by icefr
Wed Dec 10, 2014 12:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Windfall of $28,000
Replies: 9
Views: 1064

Re: Lump Sum Windfall of $28,000

Your student loans are at a reasonably high interest rate. I would strongly consider paying them down before investing in retirement if I were you. A 6% return is pretty comparable to what you would get from stocks.
by icefr
Tue Dec 09, 2014 7:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Windfall of $28,000
Replies: 9
Views: 1064

Re: High(ish) earner; spending too much?

I also work in tech, though I make less than half of what you do (average $145k in the last 5 years). My net worth at 26 is around $530k, including equity in my condo. I assume that I won't continue to make this much money forever and have continually spent ~$35-50k/year since college, saving 50-80%...
by icefr
Mon Dec 08, 2014 8:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: High(ish) earner; spending too much?
Replies: 71
Views: 9269

Re: New Car: Pay cash or take loan at 1.49%

I took out a loan for my current car and paid it off in 12 months. I could have just paid cash. I wished I had when I figured out how much hassle it was to get the lien taken off the title of the car. I'm with EmergDoc - just pay cash.
by icefr
Mon Dec 08, 2014 8:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: New Car: Pay cash or take loan at 1.49%
Replies: 23
Views: 2716

Re: Tax Exemptions - W4 Withholding Allowances

The IRS Withholding Calculator should be able to help you answer this question: http://www.irs.gov/Individuals/IRS-With ... Calculator
by icefr
Wed Dec 03, 2014 7:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tax Exemptions - W4 Withholding Allowances
Replies: 7
Views: 852

Re: What to calculate withdrawals on?

Why not calculate withdrawals based on expenses and make sure you're withdrawing no more than 4% of your balance?
by icefr
Mon Nov 17, 2014 9:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: What to calculate withdrawals on?
Replies: 11
Views: 958

Re: Do you optimize for consistent cash flow? (max 401k earl

I don't really care about even paychecks. Mine change a lot anyway. I like maxing it out early so it's done. My current company does a true-up match in March if you're still employed with them and otherwise you only get the match for each paycheck. Some years I contribute evenly, others I max it out...
by icefr
Sun Nov 02, 2014 10:59 am
 
Forum: Personal Finance (Not Investing)
Topic: Do you optimize for consistent cash flow? (max 401k early)
Replies: 7
Views: 889

Re: PPO vs HSA (hsa seems too good to be true)

Our new plan does not cover prescriptions until you hit the deductible. Does anyone know how to find out how much your prescriptions would cost if you've never seen the price and it's a new plan and a new company? Try looking for your Explanation of Benefits for your prescriptions. I can get at the...
by icefr
Tue Oct 28, 2014 10:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: PPO vs HSA (hsa seems too good to be true)
Replies: 24
Views: 2920

Re: Another Student Loan payoff question

You shouldn't be saving for your kids' educations when you have $134,000 in student loans. Your interest rate is reasonably low. I would take the 11k you are putting into 529s each year and apply that to your student loans instead. If your two loans are the same interest rate, I would be concentrati...
by icefr
Tue Oct 28, 2014 5:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Another Student Loan payoff question
Replies: 2
Views: 350
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