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Value/Growth Index Funds?

What role would a US domestic value or growth index fund play the tax-deferred space of portfolio? Would it make much of a difference to have a US total market fund in lieu of a value/growth fund? I have some left over Vanguard Growth Index Fund Admiral Shares (VIGAX) and Vanguard Value Index Fund A...
by yzhang12
Thu Dec 18, 2014 12:36 pm
 
Forum: Investing - Theory, News & General
Topic: Value/Growth Index Funds?
Replies: 1
Views: 107

Re: S Corp Health Premiums - can count as wages for solo 401

The health insurance premiums are included in W2 Box 1, so I would think that they do count as wages for calculating the 401k contribution amount. But, I am not an accountant. Hoping one of the experts here will chime in. Did you ask Vanguard? What did they say? I called them and they said taxable ...
by yzhang12
Mon Dec 01, 2014 5:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: S Corp Health Premiums - can count as wages for solo 401k?
Replies: 11
Views: 982

Re: S Corp Health Premiums - can count as wages for solo 401

http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/S-Corporation-Compensation-and-Medical-Insurance-Issues I believe the answer is no. Anything in Box 1 of your W-2 is considered wages but only for income tax purposes. At the same time, insurance premiums are not included as part of ...
by yzhang12
Mon Dec 01, 2014 5:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: S Corp Health Premiums - can count as wages for solo 401k?
Replies: 11
Views: 982

Re: After-tax Solo 401k Custodians

Sorry if I was not clear. This is my first year on Solo 401k and wouldnt be making in 6 digits. Thus, I can only contribute 17.5K and around 15 to 18K max based on salary that I take. So that totals a max of 35K out of 52k limit. To make the remaining limit, I can only do it through after tax and c...
by yzhang12
Sun Nov 23, 2014 1:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: After-tax Solo 401k Custodians
Replies: 7
Views: 653

After-tax Solo 401k Custodians

I'm not having much luck finding a solo/individual 401k custodian that permits after-tax (non-ROTH) 401k contributions and in service conversions. Do any exist today or is this only offered to large corporations and/or legacy plans?
by yzhang12
Fri Nov 21, 2014 10:42 am
 
Forum: Investing - Help with Personal Investments
Topic: After-tax Solo 401k Custodians
Replies: 7
Views: 653

Re: HSA Contribution and FICA taxes for S-Corp owner

You can do a pre-tax payroll HSA deduction and to take advantage of a FICA deduction; the 2% shareholder rule is only against SCORPs contributing and therefore treating it as a business expense. It doesn't prevent the employee from contributing via pre-tax payroll. I take this back..it is not accur...
by yzhang12
Wed Jul 23, 2014 8:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: HSA Contribution and FICA taxes for S-Corp owner
Replies: 12
Views: 3339

Annual Portfolio Update

Emergency funds: Yes, 6+ months of mandatory expenses. Debt: 2 mortgages (2.875% ARM on $150,000 [$140,100 remaining] and 4.125% 30 year fixed on $205000 [$197,800 remaining]) Tax Filing Status: Single Tax Rate: 28% Federal, 5 or 5.25% MD State of Residence: MD Age: 27 Desired Asset allocation: 93% ...
by yzhang12
Mon May 05, 2014 1:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Annual Portfolio Update
Replies: 2
Views: 485

Re: HSA Contribution and FICA taxes for S-Corp owner

You can do a pre-tax payroll HSA deduction and to take advantage of a FICA deduction; the 2% shareholder rule is only against SCORPs contributing and therefore treating it as a business expense. It doesn't prevent the employee from contributing via pre-tax payroll.
by yzhang12
Tue Mar 25, 2014 3:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: HSA Contribution and FICA taxes for S-Corp owner
Replies: 12
Views: 3339

Contribute to HSA without HDHP?

I have an account with HSABank established when I was with a previous employer who offered a HDHP. I am no longer covered under a HDHP; however, I noticed that I can still make a contribution to my HSABank account. What consequences would I face if I were to make a contribution without being covered...
by yzhang12
Thu Jan 02, 2014 12:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Contribute to HSA without HDHP?
Replies: 4
Views: 517

25 y/o Re-evaluating investment positions

Emergency funds: Yes Debt: Aside from 2 mortgages (2.875% ARM on $150,000 and 4.125% 30 year fixed on $205000 - looking to refinance this to around 3%), I have no debts. Tax Filing Status: Single Tax Rate: 28% Federal, 5 or 5.25% MD State of Residence: MD Age: 25 Desired Asset allocation: 90% stocks...
by yzhang12
Thu Feb 14, 2013 1:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: 25 y/o Re-evaluating investment positions
Replies: 1
Views: 436

401k Roll-In and Backdoor ROTH IRA Timing

I've made a backdoor of $5500 ROTH IRA contribution for 2013 and I have a ($30,000) tIRA that resulted from a rollover from an old employer (I have not rolled this into my employer's 401k yet..so I've made the backdoor ROTH contribution while my basis included the tIRA). Does timing of the ROTH IRA ...
by yzhang12
Wed Feb 13, 2013 10:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401k Roll-In and Backdoor ROTH IRA Timing
Replies: 2
Views: 543

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