Search found 1669 matches

Return to advanced search

Re: Close roth for tax deduction and open new one in same yr

And you have to close all your Roth IRA's, not just the ones with losses.
by rkhusky
Thu Oct 23, 2014 2:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Close roth for tax deduction and open new one in same yr?
Replies: 9
Views: 483

Re: TSA [is it a hassle to opt out of scanning?]

From what I understand, the TSA is no longer using the "naked body" scanners, where the imagery was piped off to a separate room because of privacy concerns. The displays now just show a generic human form with an indication where suspicious objects/material might be. Because I am usually ...
by rkhusky
Thu Oct 23, 2014 11:02 am
 
Forum: Personal Consumer Issues
Topic: TSA [is it a hassle to opt out of scanning?]
Replies: 42
Views: 1972

Re: MAGI/ ira limit question

For a certain set of parameters, the non-deductible IRA is better than a taxable account. For other sets of parameters, the opposite is true. See: http://www.bogleheads.org/wiki/Non-dedu ... tional_IRA. You need to figure out your own set of parameters.
by rkhusky
Thu Oct 23, 2014 10:51 am
 
Forum: Personal Finance (Not Investing)
Topic: MAGI/ ira limit question
Replies: 12
Views: 497

Re: Question about nondeductible traditional IRAs

This wiki page has a comparison between taxable and non-deductible IRA: http://www.bogleheads.org/wiki/Non-dedu ... tional_IRA for a specific set of parameters. You would need to do a similar analysis for your situation to determine if taxable or non-deductible IRA is expected to be better.
by rkhusky
Thu Oct 23, 2014 10:44 am
 
Forum: Investing - Help with Personal Investments
Topic: Question about nondeductible traditional IRAs
Replies: 6
Views: 396

Re: What is VG's U.S. Small Cap Index Median Market Cap?

I don't have an answer for you. Morningstar lists avg market cap as $2.7B and the benchmark as $1.4B. Perhaps Vanguard is slowly adjusting to the switch to the CRSP index so as not to incur capital gains.
by rkhusky
Wed Oct 22, 2014 3:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: What is VG's U.S. Small Cap Index Median Market Cap?
Replies: 3
Views: 316

Re: New investor, suggestions for 401k Rollover and Roth IRA

39% VANG INST INDEX PLUS (VIIIX) (500 Index) 10% VANG EXT MKT IDX INS (VIEIX) (completes the 500 index to make total stock market) 21% VANG TOT INTL STK IS (VTSNX) 30% VANG TOT BD MKT INST (VBTIX) This is the often discussed 3 fund portfolio at 70% stocks, 30% bonds with 30% of stock (21% of portfo...
by rkhusky
Wed Oct 22, 2014 1:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: New investor, suggestions for 401k Rollover and Roth IRA?
Replies: 15
Views: 773

Re: Which lots do you sell when redeeming shares?

mhc wrote:You've got it. Sell the ones with the least tax burden unless you would not have to pay cap gains taxes due to your tax bracket.

Then you may want to realize some cap gains (sell shares with lower cost basis), up to the limit where they become taxable.
by rkhusky
Wed Oct 22, 2014 11:07 am
 
Forum: Investing - Theory, News & General
Topic: Which lots do you sell when redeeming shares?
Replies: 14
Views: 853

Re: Calculating return

Keep it simple. Use Yahoo Finance and compare it to VOO. Keep in mind that Yahoo provides only price return -- not total return. That means that it doesn't factor in dividends. I've gotten total return results from Yahoo. They have a column in their results that is labeled "adjusted price"...
by rkhusky
Wed Oct 22, 2014 7:36 am
 
Forum: Investing - Help with Personal Investments
Topic: Calculating return
Replies: 16
Views: 1211

Re: Back door IRAs -- transferred benefits to a traditional

Transfer funds back to your old employer. Find an employer that will accept Traditional IRA transfers (perhaps part time and then quit once you've done the transfer). Start your own business, implement a 401K, transfer your tIRA to that. Forget about investing in a Roth. Pay the taxes required for d...
by rkhusky
Tue Oct 21, 2014 4:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Back door IRAs -- transferred benefits to a traditional IRA
Replies: 4
Views: 274

Re: Write-off capital loss against capital gains?

One question that I've had is: Do you have to use the capital losses to offset any gains? Or can you save the losses and only apply them against income and non-qualified capital gains? Yes to the first, no to the second. (Also, you meant to say "short term capital gains". I don't think th...
by rkhusky
Tue Oct 21, 2014 1:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Write-off capital loss against capital gains?
Replies: 27
Views: 1228

Re: Portfolio Strategy Suggestions? (Transamerica, TSP, 529?

Any thoughts on 75/25 stocks vs bonds with 25% international? I realize everyone has to assess their own risk tolerance but I'd appreciate any comments on if you think that fits our current situation. Thanks! That seems perfectly reasonable for someone your age. How do you account for the 50K we ha...
by rkhusky
Tue Oct 21, 2014 10:51 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Strategy Suggestions? (Transamerica, TSP, 529?s)
Replies: 12
Views: 807

Re: Is FSA retroactive for child birth?

I found this quote on the web (https://www.fsafeds.com/forms/qscfact.pdf): Payroll changes will be effective on the first pay period following approval (by FSAFEDS) of your QLE as determined by your agency’s payroll schedule. If the QLE is due to the birth of a child, your effective date will be ret...
by rkhusky
Tue Oct 21, 2014 10:41 am
 
Forum: Personal Finance (Not Investing)
Topic: Is FSA retroactive for child birth?
Replies: 8
Views: 715

Re: Write-off capital loss against capital gains?

You can deduct up to $3K off your income due to capital losses per year, which can often be more advantageous than the capital gain write-off, unless you have a lot of non-qualified capital gains. One question that I've had is: Do you have to use the capital losses to offset any gains? Or can you sa...
by rkhusky
Tue Oct 21, 2014 10:31 am
 
Forum: Personal Finance (Not Investing)
Topic: Write-off capital loss against capital gains?
Replies: 27
Views: 1228

Re: New Job 401 k

Total International has EM and so does Target Retirement. For a set it and forget it approach, the Target Retirement funds are good in a tax advantaged account. Just pick the stock percentage that fits your risk profile - ignore the year in the fund name. Vanguard has a tool to get a quick swag at y...
by rkhusky
Mon Oct 20, 2014 2:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Job 401 k
Replies: 10
Views: 651

Re: What's a good fund to do a backdoor Roth IRA with?

Why would you care if you were out of the market for a few days with a small percentage of your portfolio? On average, you might gain a few cents, but if it requires more bookkeeping, I would avoid it.
by rkhusky
Mon Oct 20, 2014 8:07 am
 
Forum: Investing - Theory, News & General
Topic: What's a good fund to do a backdoor Roth IRA with?
Replies: 5
Views: 571

Re: Employer AND IRA retirement accounts

For example, if you are single, covered by a retirement plan at work, and have a modified AGI less than $60K, then you can deduct your IRA contributions. See http://www.irs.gov/Retirement-Plans/IRA-Deduction-Limits I think Vanguard asks whether it is a deductible or Roth IRA. I know my Roth is label...
by rkhusky
Mon Oct 20, 2014 7:46 am
 
Forum: Investing - Theory, News & General
Topic: Employer AND IRA retirement accounts
Replies: 4
Views: 361

Re: Employer 401(k) vs. Vanguard IRA investments

Duckie, I can't thank you enough for the help. I'm going to look into the Back-door Roth and also see if I can convert my Roll-over IRA into my 401k. If I use the Back-door Roth, it appears that this technique would allow me to continue investing in my Roth without ever having to open a traditional...
by rkhusky
Sun Oct 19, 2014 8:15 am
 
Forum: Investing - Help with Personal Investments
Topic: Employer 401(k) vs. Vanguard IRA investments
Replies: 17
Views: 1236

Re: Tax Loss Harvesting VTIAX

I am not sure wash sales in an IRA matter - they aren't reported for IRS purposes (as far as I know) and you can't take a loss in a IRA and apply it against your gains in non-retirement account on your taxes - the only thing that matters is the IRA balance when you start withdrawing funds out at yo...
by rkhusky
Sat Oct 18, 2014 1:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting VTIAX
Replies: 18
Views: 1254

Re: Employer 401(k) vs. Vanguard IRA investments

Thanks rkhusky, that's good information. Looking at Vanguard's recommendations I think maybe I'll go 75% FUSVX and 25% FSITX for my 401k and then maybe I'll invest some money in VTIAX. My income seems to be too high for a Roth now, so maybe I should now open a Vanguard IRA and invest in VTIAX. How ...
by rkhusky
Sat Oct 18, 2014 11:46 am
 
Forum: Investing - Help with Personal Investments
Topic: Employer 401(k) vs. Vanguard IRA investments
Replies: 17
Views: 1236

Re: Employer 401(k) vs. Vanguard IRA investments

but at age 35 I recommend 70% stocks, 30% bonds, with 30% of stocks in international. At age 35, I would seriously consider an asset allocation of 70% (equities) and 30% (bonds). That's a bit on the conservative side. You could easily be 80% stock. For example, Vanguard's Target Retirement 2045 is ...
by rkhusky
Sat Oct 18, 2014 7:54 am
 
Forum: Investing - Help with Personal Investments
Topic: Employer 401(k) vs. Vanguard IRA investments
Replies: 17
Views: 1236

Re: Can anybody to backdoor Roth IRA investments?

I never heard of such a rule. You also must not reach age 70.5 in the contribution year or earlier because that bars you from making any traditional IRA contribution or from receiving a spousal TIRA contribution. http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Retirement-Topics-IRA-C...
by rkhusky
Sat Oct 18, 2014 7:44 am
 
Forum: Investing - Theory, News & General
Topic: Can anybody to backdoor Roth IRA investments?
Replies: 12
Views: 1343

Re: Is Roth 401k better even if future tax bracket is lower?

The break even point assumes that all contributions and withdrawals are taxed at the same rate. But if one doesn't have a pension or other significant sources of income, such that withdrawals span multiple brackets, one should consider the average tax rate on withdrawals, which will be smaller than...
by rkhusky
Fri Oct 17, 2014 12:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is Roth 401k better even if future tax bracket is lower?
Replies: 15
Views: 1895

Re: Vanguard REIT index fully contained within TSM index?

I would guess that the vast majority of REIT index holdings are in the TSM index. You can find the list of holdings on Vanguard's web site by clicking on Portfolio and Management and then on Portfolio holdings near the bottom of the page. It is a bit tedious in that the web site only shows 50 at a t...
by rkhusky
Fri Oct 17, 2014 11:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard REIT index fully contained within TSM index?
Replies: 2
Views: 342

Re: Tax Loss Harvesting with Emergency Fund

As suggested by the wiki, you could sell Total International and buy FTSE All World Ex-US (you could also buy Developed Market). But this does require holding 1 more fund. After 60 days (due to Vanguard's rules, unless you do the trade by mail, http://www.bogleheads.org/wiki/Frequent_trading_policy)...
by rkhusky
Fri Oct 17, 2014 8:36 am
 
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting with Emergency Fund
Replies: 7
Views: 529

Re: Is Roth 401k better even if future tax bracket is lower?

If you contribute the same amount out of pocket to either account, and retire in the same bracket, traditional versus Roth is break-even. If you retire in a lower bracket, traditional is better; if you retire in a higher bracket, Roth is better. The break even point assumes that all contributions a...
by rkhusky
Fri Oct 17, 2014 8:27 am
 
Forum: Investing - Help with Personal Investments
Topic: Is Roth 401k better even if future tax bracket is lower?
Replies: 15
Views: 1895

Re: Replacing primary sump pump - how difficult

You can also buy a small electric pump, attach a garden hose, and use that to keep the water out of the pit while you do the repairs. The switches in pumps sometime go bad and you can buy replacement switches. Make sure the float has not caught on something. You can manually move the switch lever to...
by rkhusky
Fri Oct 17, 2014 8:09 am
 
Forum: Personal Consumer Issues
Topic: Replacing primary sump pump - how difficult
Replies: 18
Views: 1026

Re: Any active duty military familiar with TSP?

Not directly, but you can roll over outside employer plans (401(k) etc.) and IRA's back into TSP. I don't think you can roll IRA's into the TSP (or into 401K's either). Edit: You can't roll Roth IRA's into the TSP, but apparently a Traditional IRA is OK (https://www.tsp.gov/planparticipation/transf...
by rkhusky
Thu Oct 16, 2014 3:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any active duty military familiar with TSP?
Replies: 19
Views: 882

Re: Does "substantially identical" apply to combined securit

But if one went for 70% S&P Value + 30% S&P Growth, one could reasonably argue that their economic position has significantly changed.
by rkhusky
Thu Oct 16, 2014 1:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Does "substantially identical" apply to combined securities?
Replies: 31
Views: 1434

Re: Sixth anniversary of worst week ever for stocks

My take is that I'd rather be able to sleep even if I don't get the absolute maximum theoretical expectation of gain. You make it sound like, with enough diligence, smarts and risk-taking, one can maximize their gain. However, the perfect portfolio or trading strategy is only known in hindsight. Yo...
by rkhusky
Thu Oct 16, 2014 8:18 am
 
Forum: Investing - Help with Personal Investments
Topic: Sixth anniversary of worst week ever for stocks
Replies: 51
Views: 3998

Re: -11.33% YTD, asking for some guidance

fortytwo wrote:
I'm going to look into opening an IRA with Vanguard, thanks a lot Paul!


Make note that there are two types of IRA's: Roth and Traditional. Roth is after-tax, Traditional is pre-tax, like your 401K, if your income is below a certain level.
by rkhusky
Wed Oct 15, 2014 5:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: -11.33% YTD, asking for some guidance
Replies: 57
Views: 3381

Re: -11.33% YTD, asking for some guidance

Could you explain this part please? Given that International and Bonds are more expensive than S&P 500, if you chose to look into an IRA, you could put those there. When you have multiple accounts, treat them all as a single portfolio. It is fine to have all US in one account, all bonds in anot...
by rkhusky
Wed Oct 15, 2014 5:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: -11.33% YTD, asking for some guidance
Replies: 57
Views: 3381

Re: -11.33% YTD, asking for some guidance

If you don't get a employer match, i.e. your employer is not putting in extra beyond what you are contributing, you may be better off in an IRA with Vanguard and perhaps a taxable account. I agree with a previous poster that the S&P 500 looks like your best choice, as well as the lowest cost bo...
by rkhusky
Wed Oct 15, 2014 4:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: -11.33% YTD, asking for some guidance
Replies: 57
Views: 3381

Re: -11.33% YTD, asking for some guidance

If you don't get a employer match, i.e. your employer is not putting in extra beyond what you are contributing, you may be better off in an IRA with Vanguard and perhaps a taxable account. I agree with a previous poster that the S&P 500 looks like your best choice, as well as the lowest cost bon...
by rkhusky
Wed Oct 15, 2014 4:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: -11.33% YTD, asking for some guidance
Replies: 57
Views: 3381

Re: Roth or Traditional IRA

I would stick with Traditional 401K and Roth IRA's - max out both if you can. Avoid Traditional IRA.
by rkhusky
Wed Oct 15, 2014 12:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth or Traditional IRA
Replies: 5
Views: 369

Re: Does "substantially identical" apply to combined securit

Epsilon Delta wrote:On the other hand following this to its logical conclusion TSM could be a partial wash sale with any stock.


Is the purchase of a mutual fund share equivalent to purchasing partial shares of all the companies in the fund?
by rkhusky
Wed Oct 15, 2014 12:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: Does "substantially identical" apply to combined securities?
Replies: 31
Views: 1434

Re: Airline carry on limits

Can you take food on airplanes? Snacks like nuts and raisins? We flew SWA last month and I was surprised that they still serve peanuts. My BIL has a severe nut allergy and even the smell of nuts in an enclosed space can trigger respiratory distress. We often bring trail mix with us. Once we were as...
by rkhusky
Tue Oct 14, 2014 1:21 pm
 
Forum: Personal Consumer Issues
Topic: Airline carry on limits
Replies: 59
Views: 2992

Re: What if I make a mistake in choosing IRA

Traditional is only useful in comparison to a Roth if you can deduct the contributions (except as 1st step in backdoor Roth). See: http://www.irs.gov/Retirement-Plans/IRA-Deduction-Limits See: http://www.bogleheads.org/wiki/Traditional_versus_Roth for arguments for one or the other. If one or the ot...
by rkhusky
Tue Oct 14, 2014 8:53 am
 
Forum: Investing - Help with Personal Investments
Topic: What if I make a mistake in choosing IRA
Replies: 9
Views: 672

Re: Does "substantially identical" apply to combined securit

As the IRS has not defined "substantially identical" and there is little case law to go by, most folk would feel comfortable using the combo you suggest. It is unlikely you would get the exact proportion as a combined fund, and if you are nervous about it, you could intentionally hold a di...
by rkhusky
Tue Oct 14, 2014 8:11 am
 
Forum: Investing - Help with Personal Investments
Topic: Does "substantially identical" apply to combined securities?
Replies: 31
Views: 1434

Re: Do you rebalance now?

inbox788 wrote:Yes, what goes down must come up.


I don't think that Vanguard's Total International has returned to its high point in 2007.
by rkhusky
Tue Oct 14, 2014 7:55 am
 
Forum: Investing - Help with Personal Investments
Topic: Do you rebalance now?
Replies: 17
Views: 1464

Re: Argh! .... TLH confusion .... Please help!

I would wait until 10/16 before I did anything. You can sell or exchange on 10/16 and have only a small partial wash sale. You can also wait until 10/24 to sell or exchange VTIAX if you like. Note that waiting until 10/24 (rather than 10/16) will be "cleaner," but won't save you much mone...
by rkhusky
Mon Oct 13, 2014 6:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Argh! .... TLH confusion .... Please help!
Replies: 19
Views: 1199

Re: Negative AGI and Roth IRA

You need earned income in order to contribute to an IRA. You can contribute all your earned income.
by rkhusky
Fri Oct 10, 2014 8:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Negative AGI and Roth IRA
Replies: 2
Views: 289

Re: Traditional 401K or Roth 401K?

Thanks all! I think my plan is to contribute enough to the traditional to get down into the lower tax bracket if necessary and put the remainder into the Roth. This seems to be the most tax advantaged scenario...thoughts? Also, at the chance of sounding really stupid, where would I actually find wh...
by rkhusky
Fri Oct 10, 2014 3:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Traditional 401K or Roth 401K?
Replies: 11
Views: 1267

Re: Traditional 401K or Roth 401K?

Keep in mind that Roth 401K's are subject to RMD's (required minimum distribution) once you are 70.5. If you don't want to do the RMD's, you will need to transfer to a Roth IRA before 70.5. (Long time in the future - tax laws could change - could end up with RMD's for Roth IRA's - no need to worry n...
by rkhusky
Fri Oct 10, 2014 8:34 am
 
Forum: Investing - Help with Personal Investments
Topic: Traditional 401K or Roth 401K?
Replies: 11
Views: 1267

Re: Should we diversify our bond holdings?

I see no reason to have that little bit of TSM in Roth-Joy.
by rkhusky
Thu Oct 09, 2014 4:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should we diversify our bond holdings?
Replies: 13
Views: 902

Re: Stock/Bond Allocation in VG Target 2050

I am currently age-20 in bonds. By the time I retire I will be closer to age-10.
by rkhusky
Thu Oct 09, 2014 4:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Stock/Bond Allocation in VG Target 2050
Replies: 8
Views: 559

Re: Sixth anniversary of worst week ever for stocks

Every time the Dow would drop a 1000 or so points, I would buy more stocks, thinking "it must have hit the bottom by now".
by rkhusky
Thu Oct 09, 2014 3:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Sixth anniversary of worst week ever for stocks
Replies: 51
Views: 3998

Re: Michigan part year capital gains taxation

If you look at MICHIGAN Nonresident and Part-Year Resident Schedule you will see that you can separate MI income from other state's income. And that there are adjustments you can make. For example: Line 8: If you are allocating your income, complete an Adjustments of Capital Gains and Losses (Form M...
by rkhusky
Thu Oct 09, 2014 2:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Michigan part year capital gains taxation
Replies: 4
Views: 312

Re: Help with tax loss harvesting

Keep in mind that you don't necessarily lose your whole loss because of a dividend buy, just the amount of the dividend, i.e. if your dividend was $5.24 and the loss was $2,000, the whole $2K is not washed out.
by rkhusky
Wed Oct 08, 2014 6:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with tax loss harvesting
Replies: 16
Views: 1080

Re: Frequent taxable contributions negate tax loss harvestin

Say on October 5, 2014, the $3k of VTSAX I purchased on October 1, 2014 goes down to $1k resulting in a $2k loss. If the stock market dropped by 67% in a couple days, I might be thinking of other things besides TLH. But if I did keep my wits about me, I would sell the other $100K I have in VTSAX, w...
by rkhusky
Wed Oct 08, 2014 4:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Frequent taxable contributions negate tax loss harvesting?
Replies: 7
Views: 616

Re: Why Wouldn't You Tilt To Small Value?

The 10 largest holdings are conglomerates that are the equivalent of many smaller businesses. They should have MUCH more weighting than your local pizza place down the street. That is a really great point. If one broke Nabisco and others like it into separate companies, one for each brand or produc...
by rkhusky
Wed Oct 08, 2014 1:42 pm
 
Forum: Investing - Theory, News & General
Topic: Why Wouldn't You Tilt To Small Value?
Replies: 52
Views: 2911
Next

Return to advanced search