Search found 486 matches

by 2beachcombers
Mon Feb 01, 2016 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: TT prior year returns
Replies: 4
Views: 478

Re: TT prior year returns

Tried to look at prior yr returns, message said--must pay for 2015 first. This is new, I have not encountered this before? Called the help desk 3 times yesterday, 2 hang ups and one to a CSR's desk recording. This is why you should always buy the desktop/laptop program, not the online service. You ...
by 2beachcombers
Sun Jan 31, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: TT prior year returns
Replies: 4
Views: 478

TT prior year returns

Sorry I used intuit again. Tried to look at prior yr returns, message said--must pay for 2015 first. This is new, I have not encountered this before? Called the help desk 3 times yesterday, 2 hang ups and one to a CSR's desk recording. What is also pathetic--I purchased 2015 in DEC. Called again, th...
by 2beachcombers
Tue Jan 05, 2016 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: [What will you do differently in] 2016
Replies: 62
Views: 6429

Re: [What will you do differently in] 2016

Simplify holdings for spouse Maintain 70% AA in equities; maintain IDA AA(yes, I know, this is inconsistent w/ my first statement)--but there are other holdings. Read, every day (daughter's gift when she was 14)-Her penned Calligraphy of Desiderata. (gave copy to my granddaughter this year) Gift mor...
by 2beachcombers
Tue Jan 05, 2016 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Premier 2015 Free @ Fidelity (premium customers)
Replies: 34
Views: 4372

Re: Turbo Tax Premier 2015 Free @ Fidelity (premium customers)

TheEternalVortex wrote:I'm just a regular customer but I got this offer. Too bad I already bought TT...

Ask your broker for a refund. I just got mine.
jerry
by 2beachcombers
Mon Jan 04, 2016 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Premier 2015 Free @ Fidelity (premium customers)
Replies: 34
Views: 4372

Re: Turbo Tax Premier 2015 Free @ Fidelity (premium customers)

pshonore wrote:Sched D is in the CD version of TT Basic. However I do not think it is in the online version of Deluxe

that is the confusion--it is in my online version!--unless they sent me premier?
by 2beachcombers
Sun Jan 03, 2016 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Premier 2015 Free @ Fidelity (premium customers)
Replies: 34
Views: 4372

Re: Turbo Tax Premier 2015 Free @ Fidelity (premium customers)

Interesting and very confusing--TT is at it again. One month ago I purchased Delux-with State(on line version with efile) it contains all the bells and whistles I had in last yrs Premier. I have been refunded 100% by FIDO for several years. I send them the invoice and they post the $ to my account. ...
by 2beachcombers
Thu Nov 26, 2015 10:54 am
Forum: Investing - Theory, News & General
Topic: Reporter doing story on iShares ITOT
Replies: 21
Views: 2397

Re: Reporter doing story on iShares ITOT

... A fee cut from 0.07% to 0.03% is hardly significant.... Sure it has less volume than VTI but the spread is respectable. They cut the fees by 57%. I think its a big deal because others such as https://www.schwab.com/public/schwab/investing/accounts_products/investment/etfs/schwab_etfs/market_cap...
by 2beachcombers
Thu Nov 26, 2015 10:52 am
Forum: Investing - Theory, News & General
Topic: Reporter doing story on iShares ITOT
Replies: 21
Views: 2397

Re: Reporter doing story on iShares ITOT

Julieta wrote:
2beachcombers wrote:I use ITOT for FSTVX replacement


What is your rationale for using both funds?

Use one at a time and only change for TLH partner
by 2beachcombers
Thu Nov 26, 2015 8:29 am
Forum: Investing - Theory, News & General
Topic: Reporter doing story on iShares ITOT
Replies: 21
Views: 2397

Re: Reporter doing story on iShares ITOT

I use ITOT for FSTVX replacement
by 2beachcombers
Thu Nov 19, 2015 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Parents - your favorite and most challenging years
Replies: 66
Views: 5793

Re: Parents - your favorite and most challenging years

Best--2 categories:

teenage male hockey player and the daughter-- equitation(and both still engaged in their 40's)

spin forward 30 years and take 3 (10-13) grandchildren in a RV to Yellowstone

Most challenging--almost non existant--kids are fun

jerry
by 2beachcombers
Sat Nov 07, 2015 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversions in retirement...worth it?
Replies: 12
Views: 1466

Re: Roth conversions in retirement...worth it?

Another way to think about it is that right now the government's share is 15% and your share is 85%, as long as you keep conversions in the 15% bracket. Once you pull out your 85% share, it's yours 100% forever in the Roth. A few years hence, the government's share jumps to 28%, and your share fall...
by 2beachcombers
Sat Nov 07, 2015 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversions in retirement...worth it?
Replies: 12
Views: 1466

Re: Roth conversions in retirement...worth it?

Definitely do Roth conversions to the top of the 15% bracket, but keep an eye on what that does to your ACA subsidy. When you get to 65 and Medicare, higher income lets you pay more for part B as well. Put together a spreadsheet projecting your annual taxable income for the next ten years, Assume z...
by 2beachcombers
Wed Nov 04, 2015 10:20 am
Forum: Investing - Help with Personal Investments
Topic: VEA or EFV [Vanguard FTSE Developed Markets vs. iShares MSCI EAFE Value]
Replies: 7
Views: 603

Re: VEA or EFV [Vanguard FTSE Developed Markets vs. iShares MSCI EAFE Value]

.
My 2016 AA plan after this Forum's Education: :happy
()includes adding new $$ X-div.)

Taxable: 33%
10%-- FSIVX(int)
05%---IEMG
03%---SCZ
15%--FSTVX(tsm)

Roths: 31%
09%--IJS
05%--EFV
04%---IJR
03%---VSS
10%--VTV

tIRA 36%
07%--FSRVX(reit)
28%-LQD/CDs/FSITX/cash
by 2beachcombers
Tue Nov 03, 2015 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: What happened ???? Fidelity Retirement Investment Planner
Replies: 15
Views: 2216

Re: What happened ???? Fidelity Retirement Investment Planner

Confused--I like the new retirement planner--especially the ability to adjust the tax rate. It does take some time to get use to the new format. And like most of the thread responses--the old RIP was good. I like this one better. ps the Spartans and RIP was also of the few reasons I am still with FI...
by 2beachcombers
Mon Nov 02, 2015 9:13 am
Forum: Investing - Help with Personal Investments
Topic: VEA or EFV [Vanguard FTSE Developed Markets vs. iShares MSCI EAFE Value]
Replies: 7
Views: 603

Re: VEA or EFV [Vanguard FTSE Developed Markets vs. iShares MSCI EAFE Value]

Dave-Thanks, agree with your logic.. VEA in taxable for sure. EFV or not in tIRA/Roth is still under consideration. I am heeding livesoft thoughts that since int. Value (10yr)perfomance has been below int. Blend; just might be a good reason to hold it.? I also think that either case is no big deal s...
by 2beachcombers
Sun Nov 01, 2015 8:30 am
Forum: Investing - Help with Personal Investments
Topic: VEA or EFV [Vanguard FTSE Developed Markets vs. iShares MSCI EAFE Value]
Replies: 7
Views: 603

Re: VEA or EFV [Vanguard FTSE Developed Markets vs. iShares MSCI EAFE Value]

livesoft wrote:Some folks would not have the same funds in taxable and in IRAs because of the possible interactions during tax-loss harvesting sales.


:annoyed Hmmm.. that is a new one for me. If I make the change, will heed your advice.

Will get back into the WIKI and understand your concern.

jerry
by 2beachcombers
Sun Nov 01, 2015 8:00 am
Forum: Investing - Help with Personal Investments
Topic: VEA or EFV [Vanguard FTSE Developed Markets vs. iShares MSCI EAFE Value]
Replies: 7
Views: 603

Re: VEA or EFV [Vanguard FTSE Developed Markets vs. iShares MSCI EAFE Value]

You make excellent point on buying low. At this point, I am more interested in simplifying that a small delta in gain.

Will edit my post as I was using VSS for what I meant to say was large cap blend international :oops:

Sorry for the error

jerry
by 2beachcombers
Sat Oct 31, 2015 11:31 am
Forum: Investing - Help with Personal Investments
Topic: VEA or EFV [Vanguard FTSE Developed Markets vs. iShares MSCI EAFE Value]
Replies: 7
Views: 603

VEA or EFV [Vanguard FTSE Developed Markets vs. iShares MSCI EAFE Value]

Need logic check on making my first portfolio modification in 5 yrs. Will be re-balancing in Dec and considering to move away from EFV/IDA(Roth) and changing to VEA Retired--/income=needs--/90% of portfolio to heirs--/Bernstein Ida AA(int and US value tilts)--/Change applies to Roth only. Portfolio:...
by 2beachcombers
Wed Oct 28, 2015 8:02 am
Forum: Investing - Theory, News & General
Topic: Take RMDs in Jan or Dec? (if investing, not spending RMDs)
Replies: 45
Views: 4715

Re: Take RMDs in Jan or Dec? (if investing, not spending RMDs)

If I have understood this thread, I can take my RMD at year end(withhold annual tax) and eliminate my quarterly payments? Is this correct. It seems to me the IRS would still want their $$ qarterly? :confused You understand correctly. I suspect that the IRS would in fact like their pound of flesh ea...
by 2beachcombers
Tue Oct 27, 2015 3:31 pm
Forum: Investing - Theory, News & General
Topic: Take RMDs in Jan or Dec? (if investing, not spending RMDs)
Replies: 45
Views: 4715

Re: Take RMDs in Jan or Dec? (if investing, not spending RMDs)

If I have understood this thread, I can take my RMD at year end(withhold annual tax) and eliminate my quarterly payments?

Is this correct. It seems to me the IRS would still want their $$ qarterly? :confused

jerry and TIA
by 2beachcombers
Wed Oct 21, 2015 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax deluxe/premier
Replies: 5
Views: 1148

Re: Turbotax deluxe/premier

Just hung up from talking to a supervisor at TT. ( this was after talking with some 18 year on who was not with the company last year.) That may be a qualification for being a CSR now. They may not want anyone who had to sit through the complaints of the past couple of year. :twisted: ... She said ...
by 2beachcombers
Wed Oct 21, 2015 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax deluxe/premier
Replies: 5
Views: 1148

Re: Turbotax deluxe/premier

Just hung up from talking to a supervisor at TT. ( this was after talking with some 18 year on who was not with the company last year.) YES--they did reverse and put SchD back in Delux. :happy however--they are still being deceptive with their web site stearing us to Premier. :twisted: She said the ...
by 2beachcombers
Fri Oct 09, 2015 8:42 am
Forum: Investing - Theory, News & General
Topic: Effect of Rebalancing When Stocks Are Down
Replies: 22
Views: 2197

Re: Effect of Rebalancing When Stocks Are Down

I rebalance annually. And I do this for an additional benefit beyond this thread. Although retired, I have significant year to year changes in my income. I use rebalancing to control my dividend income in some high income years. This variation is due to several factors--- increasing deferred income,...
by 2beachcombers
Wed Oct 07, 2015 12:41 pm
Forum: Investing - Theory, News & General
Topic: The Investors Manifesto
Replies: 46
Views: 6951

Re: The Investors Manifesto

Ok--it's been 5 years since I have altered my Ida percentages--

Waiting for Dr Bill's next book for adjustments :P

jerry
by 2beachcombers
Wed Mar 25, 2015 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: SPIA: Northwestern Mutual vs New York Life
Replies: 17
Views: 1942

Re: SPIA: Northwestern Mutual vs New York Life

Bought a SPIA for my mom 10 years ago. She was concerned she would never see all the investment returned. She is 90, drives, dances, does house work, gardens, etc. She feels like she will be getting free monthly checks for the nex10-20 yrs. Bought another SPIA for her 83 yo sister--we did this to co...
by 2beachcombers
Tue Mar 24, 2015 6:24 am
Forum: Personal Finance (Not Investing)
Topic: Georgia Retirement Income Exclusion
Replies: 22
Views: 3408

Re: Georgia Retirement Income Exclusion

I also find international income(dividends) are also considered deductible in Ga. Looks like TT handles this income as "out of state" :D As I read the 2014 tax instructions , this would only apply if you are a non-resident, and that is the rule in most states. The only adjustment for GA r...
by 2beachcombers
Mon Mar 23, 2015 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Georgia Retirement Income Exclusion
Replies: 22
Views: 3408

Re: Georgia Retirement Income Exclusion

And this is important enough that I added it to the State Income Taxes wiki page, for the benefit of people who plan to retire in GA and Bogleheads giving advice to them. In particular, most GA investors should prefer traditional to Roth accounts, because they can deduct contributions to traditiona...
by 2beachcombers
Sat Mar 14, 2015 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Advice on our investments
Replies: 4
Views: 730

Re: Advice on our investments

Hi matteob6 - Welcome to Bogleheads. Overall I think you have good direction, no major changes needed. It looks like your 457 plan is governmental (IE the state of florida); is that true? 457s are OK as long as they are governmental because they are not subject to the claims of creditors and they c...
by 2beachcombers
Thu Mar 12, 2015 8:08 am
Forum: Personal Finance (Not Investing)
Topic: [Social Security] calculation
Replies: 12
Views: 1262

Re: [Social Security] calculation

Original copy edited after BruceM PM Re: SS calculations Sent: Wed Mar 11, 2015 3:24 pm From: 2beachcombers To: BruceM [quote="BruceM"]Jerry Here is my calc based on the info you've provided. A couple of points of clarification first..... The ROC she received from the MLP is not included ...
by 2beachcombers
Thu Mar 12, 2015 8:02 am
Forum: Personal Finance (Not Investing)
Topic: [Social Security] calculation
Replies: 12
Views: 1262

Re: [Social Security] calculation

EDIT____________________________This was copied from a PM by BruceM Re: SS calculations Sent: Wed Mar 11, 2015 2:13 pm From: BruceM To: 2beachcombers Jerry Here is my calc based on the info you've provided. A couple of points of clarification first..... The ROC she received from the MLP is not inclu...
by 2beachcombers
Sun Mar 08, 2015 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: [Social Security] calculation
Replies: 12
Views: 1262

Re: [Social Security] calculation

is there anything unique about partnerships that could be showing up in the SS worksheet(can't wait to get a copy) Not that I'm aware of. To the best of my knowledge, if (101) is the amount properly showing up on line 17 of Form 1040, that's the amount that should be pulled into the worksheet. Line...
by 2beachcombers
Sun Mar 08, 2015 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: [Social Security] calculation
Replies: 12
Views: 1262

Re: [Social Security] calculation

is there anything unique about partnerships that could be showing up in the SS worksheet(can't wait to get a copy) Not that I'm aware of. To the best of my knowledge, if (101) is the amount properly showing up on line 17 of Form 1040, that's the amount that should be pulled into the worksheet. Line...
by 2beachcombers
Sun Mar 08, 2015 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: [Social Security] calculation
Replies: 12
Views: 1262

Re: [Social Security] calculation

Yes, NOLs are properly included in the calculation of how much Social Security should be included in AGI -- as they do show up as negative income on line 21 of Form 1040. There are no other types of income here (tax-exempt interest, for example)? Good point--but no Muni's or interest income. Mike--...
by 2beachcombers
Sun Mar 08, 2015 11:43 am
Forum: Personal Finance (Not Investing)
Topic: [Social Security] calculation
Replies: 12
Views: 1262

Re: SScalculation

Suggest you do a quickie check with TaxCaster. https://turbotax.intuit.com/tax-tools/calculators/taxcaster/ Did the CPA return show her owing any tax? I roughly ran her numbers through TaxCaster and got only $2000 taxable income and zero tax. (I ignored the "net op loss" number since I di...
by 2beachcombers
Sun Mar 08, 2015 10:36 am
Forum: Personal Finance (Not Investing)
Topic: [Social Security] calculation
Replies: 12
Views: 1262

[Social Security] calculation

I am helping my 83 yr old Aunt with her investments and have run across an interesting calculation for her 2013 SS taxable amount(done by CPA). Her SS=28295 and 1040 SS taxable amount was 16,546. I have run TT for her SS taxable amount, and find this should be ZERO?(correction $948) Would appreciate...
by 2beachcombers
Sun Feb 01, 2015 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help for Lively 83 yr. old
Replies: 13
Views: 2158

Re: Help for Lively 83 yr. old

I wouldnt have a goal of maximizing tax efficiency. Id have a goal of most money or income. Just to be clear, I agree with you that the goal is not to maximize tax efficiency. I agree with the goal of having the most money (that is, most available dollars available to spend on an after-tax basis). ...
by 2beachcombers
Sun Feb 01, 2015 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Help for Lively 83 yr. old
Replies: 13
Views: 2158

Re: Help for Lively 83 yr. old

Thanks for the input. The plan is very close to what you recommend

jerry
by 2beachcombers
Sun Feb 01, 2015 11:08 am
Forum: Personal Finance (Not Investing)
Topic: POLL: How Will You Complete Your 2014 Taxes?
Replies: 69
Views: 5713

Re: POLL: How Will You Complete Your 2014 Taxes?

I am only staying with TT cause Fido gives it to me free

jerry
by 2beachcombers
Sun Feb 01, 2015 9:46 am
Forum: Investing - Help with Personal Investments
Topic: how best to withdraw CG and DIV in retirement
Replies: 7
Views: 907

Re: how best to withdraw CG and DIV in retirement

Reinvesting in a taxable account as described above can create short term cap gains. Insure your capital gains are long term and qualified dividends. In the 15% bracket, taxes=0 Also look at your taxable income on a yearly basis and see the impact on the amount of SS that will be taxed, if any. jerry
by 2beachcombers
Sat Jan 31, 2015 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Foreign Tax credit and STATE Income Taxes
Replies: 34
Views: 4655

Re: Foreign Tax credit and STATE Income Taxes

Ga does not allow a credit for FT. But is doesnot count the foreign dividends as income. :happy
by 2beachcombers
Fri Jan 30, 2015 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: I just filed a Restrictive App at the SS office
Replies: 39
Views: 2844

Re: I just filed a Restrictive App at the SS office

We did the following: 1 wife(2yrs younger) lower earner--Started SS at 62 2 me at 66, filed and suspended(restricted app is new to me?) filed for wife FRA/2(collected for 2 yrs) 3 Wife at 66, filed for spousal and started my FRA/2-----I then lost my spousal on her record 4 I will start at 70 in 6 m...
by 2beachcombers
Fri Jan 30, 2015 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: I just filed a Restrictive App at the SS office
Replies: 39
Views: 2844

Re: I just filed a Restrictive App at the SS office

Could I benefit from a restrictive app? I am 65. My wife is 60. She has higher social security earnings than me. I am retired. She is still working. I have not taken social security yet. For you to be able to file for a spousal benefit (which is what a restricted application is), your wife must hav...
by 2beachcombers
Fri Jan 30, 2015 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Must you be employed to execute a restricted application?
Replies: 5
Views: 860

Re: Must you be employed to execute a restricted application

I read in some Prudential Social Security literature, that one spouse must be working at age 66 to execute a restricted application for Social Security. Can someone confirm if that is the case. There is no such requirement. You must have reached FRA in order to file a restricted application, but yo...
by 2beachcombers
Fri Jan 30, 2015 9:31 am
Forum: Personal Finance (Not Investing)
Topic: I just filed a Restrictive App at the SS office
Replies: 39
Views: 2844

Re: I just filed a Restrictive App at the SS office

Thanks for sharing. I have just started to research this so I am not clear on spousal benefits. So in this case after filing a restricted application you will draw half of your spouses benefits at FRA? In other words you collect the money while your spouse is collecting money as well? :happy :happy...
by 2beachcombers
Fri Jan 30, 2015 9:22 am
Forum: Personal Finance (Not Investing)
Topic: I just filed a Restrictive App at the SS office
Replies: 39
Views: 2844

Re: I just filed a Restrictive App at the SS office

Good plan- and she(@66) can also collect on your record We did the following: 1 wife(2yrs younger) lower earner--Started SS at 62 2 me at 66, filed and suspended(restricted app is new to me?) filed for wife FRA/2(collected for 2 yrs) 3 Wife at 66, filed for spousal and started my FRA/2-----I then lo...
by 2beachcombers
Mon Jan 26, 2015 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help for Lively 83 yr. old
Replies: 13
Views: 2158

Re: Help for Lively 83 yr. old

Regarding taxation of annuities: With other types of investing, you can spend 100% of the original principal without having to pay tax. In other words, I don't really see the exclusion ratio as an advantage of annuities relative to other types of investing. It's what's necessary in order to put an ...
by 2beachcombers
Mon Jan 26, 2015 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help for Lively 83 yr. old
Replies: 13
Views: 2158

Re: Help for Lively 83 yr. old

Hm, given the size of the stash, health, and other factors, maybe a single premium deferred annuity or a SPIA with a larger step up per year—in other words, loading up the back end—would be more optimal. Clearly the odds are in favor of your aunt over the actuarial tables. Even if that weren't true...
by 2beachcombers
Mon Jan 26, 2015 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Help for Lively 83 yr. old
Replies: 13
Views: 2158

Re: Help for Lively 83 yr. old

Edit for new news: Talking with Annuity Companies, the exclusion amount on the SPIA is 100% for the first 10 years. Then 0% for the remaining years. This not only reduces the total taxable income, but also reduces the amount of SS tax. Table below has also been updated with these changes. BL---Than...

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