Search found 1075 matches

Return to advanced search

Value on Death: IRA type error

One of my parents died in late April, as detailed in other threads. I was at the surviving parent’s house last night looking through the last 10 or so Vanguard mailings, one of which was the valuation on date of death. On the cover page it says it covers all accounts: traditional IRA, Roth IRA, Roth...
by runner9
Thu Aug 21, 2014 12:56 pm
 
Forum: Investing - Help with Personal Investments
Topic: Value on Death: IRA type error
Replies: 2
Views: 241

Re: Fed up with ATT

Why not create a new thread with a title of something like "Verizon VIOS box for highrise building" Are people with knowledge of this going to necessarily read "Fed up with ATT"?
by runner9
Thu Aug 21, 2014 8:08 am
 
Forum: Personal Consumer Issues
Topic: Fed up with ATT
Replies: 53
Views: 4556

Re: Google Voice Not Supported on OBi Devices After May 15 2

Do you by chance have voicemails that haven't been listened to?
by runner9
Tue Aug 19, 2014 9:04 pm
 
Forum: Personal Consumer Issues
Topic: Google Voice Not Supported on OBi Devices After May 15 2014
Replies: 97
Views: 9970

Gift Tax and Gifting to child.

My surviving parent (deceased parent died in late April) now has everything combined in his/her name at Vanguard. Total of Traditional, Roth, Rollover IRAs and taxable is $1.5 million. Parent will be 68 in a few months and was always aware of finances but deceased parent managed them. I guess giftin...
by runner9
Sun Aug 17, 2014 1:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: Gift Tax and Gifting to child.
Replies: 2
Views: 264

Re: Point of clarification - ETFs in Roth

Vanguard ETFs, purchased through a Vanguard brokerage account, have no transaction fees.*

https://personal.vanguard.com/us/whatweoffer/stocksbondscds/feescommissions

*unless purchased more than 25 times in a 12 month period, then purchases can be restricted (still no fee though).
by runner9
Sun Aug 17, 2014 10:50 am
 
Forum: Investing - Help with Personal Investments
Topic: Point of clarification - ETFs in Roth
Replies: 12
Views: 565

Re: Do Super wealthy have access to different investing vehi

I just overheard someone say that professional athletes have their own banks,they don't bank at the same banks us regular folk bank at. I dismissed this in my head and forgot about it. Am I correct that this is hogwash, for regular checking/savings accounts?
by runner9
Sun Aug 17, 2014 9:21 am
 
Forum: Investing - Theory, News & General
Topic: Do Super wealthy have access to different investing vehicles
Replies: 76
Views: 6163

Re: Can I combine a Traditional and Rollover IRA?

My surviving parent has the same question. Looking to simply/consolidate the accounts and funds, all held at Vanguard, this was my first thought. Surviving parent is retired, over 65, not going work again. Rollover has about $910K in it, traditional has $205K. Is there any reason not too? Any tax co...
by runner9
Sun Aug 17, 2014 7:23 am
 
Forum: Investing - Help with Personal Investments
Topic: Can I combine a Traditional and Rollover IRA?
Replies: 4
Views: 1770

Re: Point of clarification - ETFs in Roth

Personal preference. I prefer MFs to ETFs. With the ER the same I can decide to invest X amount tomorrow, put in an order for a MF and be done. For an ETF I have to estimate the number of shares that approximates, put in a buy order, check if it goes through, put the money into a money market, wait ...
by runner9
Sat Aug 16, 2014 4:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Point of clarification - ETFs in Roth
Replies: 12
Views: 565

Re: Amazon Gift Card Fraud

Deleted cc inf also. We buy gift cards for Amazon at the grocery store and get fuel perks, so I almost never use a credit card on Amazon, always paying for purchases with a gift card instead.
by runner9
Wed Aug 13, 2014 5:12 pm
 
Forum: Personal Consumer Issues
Topic: Amazon Gift Card Fraud
Replies: 30
Views: 2611

Re: Neighbor's Tree

I have Erie Insurance and I know they've said the same thing in newsletter, Q/A publications, etc. It's as if the tree fell from the sky unless it was diseased, clearly in bad shape, etc.
by runner9
Sat Aug 09, 2014 7:57 am
 
Forum: Personal Finance (Not Investing)
Topic: Neighbor's Tree
Replies: 44
Views: 3011

Re: Neighbor's Tree

Related story: A neighbor's tree lost a branch that punched a hole in my grandma's new roof, the neighbor's (or their insurance) paid for it. Not sure if that's the law or that they were just nice about it. I know the law, at least around here, is that a tree is treated as if it just fell from the ...
by runner9
Fri Aug 08, 2014 9:48 am
 
Forum: Personal Finance (Not Investing)
Topic: Neighbor's Tree
Replies: 44
Views: 3011

Re: Drought Management

For anyone who missed this link further up about Colorado: That would be the state of Colorado: http://water.state.co.us/SURFACEWATER/SWRIGHTS/Pages/RainwaterGraywater.aspx Also Utah and Washington restrict rainwater capture. The principle I guess is that the water rights within a watershed have alr...
by runner9
Sun Aug 03, 2014 9:38 am
 
Forum: Personal Consumer Issues
Topic: Drought Management
Replies: 60
Views: 2990

Re: Power vent water heater noise

Timoneer wrote:
Mine is comparable to a bathroom exhaust fan.


I have 2 bathroom fans: one is so quiet you can barely hear it, one is loud enough to hear 25 feet away. Which one is your closer too?
by runner9
Fri Aug 01, 2014 9:23 pm
 
Forum: Personal Consumer Issues
Topic: Power vent water heater noise
Replies: 11
Views: 805

Re: Kroger for Gasoline

My regional supermarket (which also operates their own gas stations usually not located right at the market) gives me 10 cents for every $50 I spend on groceries. My local bank debit card gives me 3 cents more when I use it. I rarely pay even half the normal price for gas. I've gotten full tanks fo...
by runner9
Fri Aug 01, 2014 8:42 am
 
Forum: Personal Consumer Issues
Topic: Kroger for Gasoline
Replies: 31
Views: 2156

Re: Is this a Vanguard quirk? [Adding beneficiaries to accou

I agree that any scheme to access accounts after death is a poor idea so if you want the son to have the assets if both die make him a TOD beneficiary which for a joint account only becomes effective if both account holders die. Aren't we discussing that there is no beneficiary option on joint taxa...
by runner9
Thu Jul 31, 2014 5:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is this a Vanguard quirk? [Adding beneficiaries to account]
Replies: 36
Views: 3812

Re: Your Best Tips for Selling on eBay/Amazon/Similar?

Are you planning on selling individual thing, like 1 copy each of several books, or many of the same item, like 30 bracelets, available for sale in any quantity?
by runner9
Thu Jul 31, 2014 9:46 am
 
Forum: Personal Consumer Issues
Topic: Your Best Tips for Selling on eBay/Amazon/Similar?
Replies: 11
Views: 1090

Re: How to keep family informed

http://www.vanguard.com/pdf/bdbp.pdf?2210039149

On the 4th page, "Page 2 of 2":

"Note that Vanguard has no obligation to locate your beneficiaries or inform them of their status."
by runner9
Wed Jul 30, 2014 1:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to keep family informed
Replies: 35
Views: 3200

Re: Fidelity Charitable Fund Questions

I'm sure a few minutes spent looking over their annual report would provide some insight:

http://www.fidelitycharitable.org/2013-annual-report/index.shtml
by runner9
Wed Jul 30, 2014 11:41 am
 
Forum: Investing - Help with Personal Investments
Topic: Fidelity Charitable Fund Questions
Replies: 18
Views: 768

Re: How to keep family informed

Vanguard clearly states that they have no obligation to notify or find descendents of someone who died.
by runner9
Wed Jul 30, 2014 11:34 am
 
Forum: Personal Finance (Not Investing)
Topic: How to keep family informed
Replies: 35
Views: 3200

Re: I don't think I can afford to die in Pennsylvania

I second jimb. It's like saying oh no, I don't want to win $1mil in a contest because I'll only really get $600K, or whatever it is. If the prize was not liquid, like a car, ok, they'd have to come up with cash in addition. Since they're inheriting money can't they pay some of it for taxes? I don't ...
by runner9
Wed Jul 30, 2014 9:42 am
 
Forum: Personal Finance (Not Investing)
Topic: I don't think I can afford to die in Pennsylvania
Replies: 35
Views: 3328

Re: Riding the Rails--my Amtrak trip

Thanks for the update!

$3500 a month in rent, wow! Can I ask what they do for a living?
by runner9
Wed Jul 30, 2014 9:26 am
 
Forum: Personal Consumer Issues
Topic: Riding the Rails--my Amtrak trip
Replies: 78
Views: 9027

Re: How to keep family informed

If one dies with accounts at Vanguard this is the best page I found for starting the process: https://personal.vanguard.com/us/whatweoffer/overview/inherit-account In my personal experience, the survivor needs the name, last four of SSN, address and zip code for the deceased. If Flagship they will t...
by runner9
Wed Jul 30, 2014 7:25 am
 
Forum: Personal Finance (Not Investing)
Topic: How to keep family informed
Replies: 35
Views: 3200

Re: Help with a new $5m portfolio for an old lady

Why does an 82 year old need $180K to $200K a year? Does she have high medical costs? Does she travel around the world constantly? That just seems like a ton of money, most families with kids live off far less.
by runner9
Wed Jul 30, 2014 7:09 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with a new $5m portfolio for an old lady
Replies: 59
Views: 4465

Re: Geneological research for unclaimed property

What about the Find a Grave forum? It's linked from the main page with a separate login/registration. There's a sub-tread for genealogical help, and the folks there like to search out stuff. Posting what you know for the specific person and what you're looking for might turn up a lead.
by runner9
Tue Jul 29, 2014 6:23 pm
 
Forum: Personal Consumer Issues
Topic: Geneological research for unclaimed property
Replies: 77
Views: 3846

Re: Fidelity Customer Protection Guarantee

With arbitration clauses in so many agreements it's doubtful Vanguard would end up in court. It's in the Fine print of most every sign up form I've seen from Vanguard
by runner9
Tue Jul 29, 2014 4:56 pm
 
Forum: Investing - Theory, News & General
Topic: Fidelity Customer Protection Guarantee
Replies: 26
Views: 2059

Re: Help with a new $5m portfolio for an old lady

Does she have no other income like social security? Are there RMD?
by runner9
Tue Jul 29, 2014 4:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with a new $5m portfolio for an old lady
Replies: 59
Views: 4465

Re: Help with "Cost Basis Adjustment Form for Inherited Shar

According to Vanguard rep: This is the only form they have for adjusting the cost basis for inherited shares. Community property states would use the same form but might fill it out differently. My parent can choose to not step up the value and therefore not complete the form. Or, choose to step up ...
by runner9
Tue Jul 29, 2014 9:24 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with "Cost Basis Adjustment Form for Inherited Shares"
Replies: 23
Views: 776

Re: Help with "Cost Basis Adjustment Form for Inherited Shar

For the above example, sscritic, for community property or other states?
by runner9
Mon Jul 28, 2014 9:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with "Cost Basis Adjustment Form for Inherited Shares"
Replies: 23
Views: 776

Re: Help with "Cost Basis Adjustment Form for Inherited Shar

Thanks LadyGeek. That was another question I was going to ask them. I'm sure my parent will want to send this with a tracking number, not in a bunch of prepaid envelopes of various sizes. So I'm clear, what should the cost basis be, the same that it was before my parent died (original amount) or the...
by runner9
Mon Jul 28, 2014 8:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with "Cost Basis Adjustment Form for Inherited Shares"
Replies: 23
Views: 776

Re: Help with "Cost Basis Adjustment Form for Inherited Shar

Also, on the original linked form in question it stated that the form only needs to be completed "if one or more of the following are true:......The inherited shares are being transferred from any account other than an account registered solely in the decedent's name." As this is true (it ...
by runner9
Mon Jul 28, 2014 8:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with "Cost Basis Adjustment Form for Inherited Shares"
Replies: 23
Views: 776

Re: Help with "Cost Basis Adjustment Form for Inherited Shar

One of the other forms does say, on page 1: "If you're transferring from an individual account because a current account owner is deceased, we'll automatically designate the shares as inherited, using the date of death on the death certificate. The cost basis of the shares will be updated based...
by runner9
Mon Jul 28, 2014 8:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with "Cost Basis Adjustment Form for Inherited Shares"
Replies: 23
Views: 776

Re: Help with "Cost Basis Adjustment Form for Inherited Shar

Ok, thanks. I respect both of your opinions. Just to repeat, this is in regards to a previously joint with rights of survivorship with 2 married people as the holders and 1 died. If this is the wrong form, what specifically should I tell/ask Vanguard when I or my surviving parent calls? How do I kno...
by runner9
Mon Jul 28, 2014 7:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with "Cost Basis Adjustment Form for Inherited Shares"
Replies: 23
Views: 776

Re: Is this a Vanguard quirk? [Adding beneficiaries to accou

If the OP is still wondering if this is for sure the case at Vanguard here's the form which clearly states it doesn't apply to joint accounts if not already set up.

http://www.vanguard.com/pdf/bdbp.pdf?2210039149

As to why, I don't know.
by runner9
Mon Jul 28, 2014 5:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is this a Vanguard quirk? [Adding beneficiaries to account]
Replies: 36
Views: 3812

Help with "Cost Basis Adjustment Form for Inherited Shares"

One of my parents died in late April, the parent who controlled and managed all investments. I’m starting the process with the surviving parent to switch over a traditional, rollover and Roth and change a non-retirement that was jointly held. Vanguard sent 4 forms after our initial call. I’m stuck t...
by runner9
Mon Jul 28, 2014 5:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with "Cost Basis Adjustment Form for Inherited Shares"
Replies: 23
Views: 776

Re: Money Market

I previously have with Fidelity, back before the recession when they were paying 5%. Right now Vanguard's money market pays 0.01 or 0.02 Are you looking for simplicity? If looking for interest rates I'd look elsewhere, like Ally, etc.
by runner9
Mon Jul 28, 2014 10:02 am
 
Forum: Investing - Help with Personal Investments
Topic: Money Market
Replies: 5
Views: 700

Re: Steps to take to prevent ID theft?

My parents both had credit freezes. My parent who died had utilities in his/her name. Surviving parent has switched all to his/her name, the gas company was the only one who realized their was a credit freeze and made the surviving parent thaw it to open the account. I'm not sure if electric and cab...
by runner9
Sun Jul 27, 2014 12:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Steps to take to prevent ID theft?
Replies: 22
Views: 2410

Re: Portfolio help-newbie

A bump and a question. Are you considering/planning to move some accounts to one bank/investment company? You have accounts all over the place, for instance his checking and her checking at 2 different banks, his brokerage and her taxable at 2 places (different from first 2), 2 His Roths at 2 places...
by runner9
Thu Jul 24, 2014 12:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio help-newbie
Replies: 5
Views: 580

Re: Prioritizing Finances

I'd vote for putting everything to the 6.6% student loan and have it paid off in a little over a year.
by runner9
Thu Jul 24, 2014 12:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Prioritizing Finances
Replies: 5
Views: 848

Re: Geneological research for unclaimed property

You might have luck with the library in the area where the obituary may have been published.

Qualified disclaimer is current wording for refusing an IRA, etc as beneficiary and allowing it to pass to the next generation. It's 9 months, non-reversible.
by runner9
Thu Jul 24, 2014 11:59 am
 
Forum: Personal Consumer Issues
Topic: Geneological research for unclaimed property
Replies: 77
Views: 3846

Re: Help with fixing my portfolio

[OT comment removed by admin LadyGeek] In context: My financial goal is to set up a portfolio that will help pay for near term expenses (buying a house, a new car, and getting through college) as well as saving for retirement, future children's education and leave some money for grandchildren. Real...
by runner9
Wed Jul 23, 2014 9:49 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with fixing my portfolio
Replies: 6
Views: 587

Re: Help with fixing my portfolio

Debt: $75 Is this the correct figure? Why not pay it off for simplicity, piece of mind, etc. I have heard that if you fall into the 10 - 15% Federal Income Tax bracket, you will not have to pay capital gains tax on long term investments. Is this true? If so, would it be advisable to liquidate Taxab...
by runner9
Tue Jul 22, 2014 7:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with fixing my portfolio
Replies: 6
Views: 587

Re: Taxable Accounts - Am I thinking about this the right wa

I think so as well, but make sure to realize that they paid less taxes when putting the money in tax-deferred than in taxable.
by runner9
Tue Jul 22, 2014 6:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Taxable Accounts - Am I thinking about this the right way?
Replies: 30
Views: 2775

Re: 35K maximum retirement contribution a year for a person?

And get ready to pay a good bit of taxes when you turn 70.5
by runner9
Tue Jul 22, 2014 5:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: 35K maximum retirement contribution a year for a person?
Replies: 16
Views: 1481

Re: New job: HSA and Flex (FSA) same year...FSA limit?

Not really addressing your questions (sorry) but why not look to switch dentists to one in your new insurance plan?

We (2 adults, one kid) spend about $300 out of pocket on health copays, the dentist and eye doctor which our FSA will pay for.
by runner9
Tue Jul 22, 2014 4:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: New job: HSA and Flex (FSA) same year...FSA limit?
Replies: 3
Views: 425

Re: Problems accessing the site

HueyLD wrote:Send Alex a PM. I had similar problems in the past and Alex fixed it.


Which can be done from his member page, linked here:
http://www.bogleheads.org/forum/memberlist.php?mode=viewprofile&u=254
by runner9
Mon Jul 21, 2014 4:17 pm
 
Forum: Forum Issues and Administration
Topic: Problems accessing the site
Replies: 6
Views: 561

Re: Spouse to assume or inherit IRA?

Thanks again Alan S. Vanguard says the surviving parent can rollover the IRA into their own to have 1 single IRA account, per type. (I just called them) It seems somewhat 6 of 1, half dozen of the other. Take RMD in 4 years or let the amount ($1.03 million) grow for an additional 3 more years and th...
by runner9
Mon Jul 21, 2014 10:15 am
 
Forum: Investing - Help with Personal Investments
Topic: Spouse to assume or inherit IRA?
Replies: 10
Views: 1407

Re: Helping My Grandmother

EDIT: Sorry I forgot to include it before, but please don't suggest paying down the mortgage. I know it's 5.25% return, but she doesn't have the money to do it. After paying mortgages, taxes, electric bill, gas bill, car insurance, etc. She has about $100 left for the month to pay for food and gas ...
by runner9
Sun Jul 20, 2014 5:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 3268

Re: Suggestions for the Wiki

Maybe I'm missing it, but is there a "landing page" for learning about taxable accounts? Searching the wiki for taxable, taxable account and nonretirement account don't bring up any single page that explains all aspects of these accounts. I found one page on capital gains taxation, one on ...
by runner9
Sat Jul 19, 2014 7:19 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: Suggestions for the Wiki
Replies: 269
Views: 99200
Next

Return to advanced search