Search found 15 matches

by Bayoufrogg
Mon Jul 31, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card options??
Replies: 18
Views: 1921

Best credit card options??

We travel 1-2 times per year. Reward miles are nice, but mainly looking for the best cash back with lowest annual fee. I really liked the idea of signing up for Penfed Visa for gas and using Fidelity Visa for everything else. Just tried to sign up for Penfed Visa; looks like the 5% cash back for gas...
by Bayoufrogg
Mon Jun 19, 2017 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Scratched Bumper with Police on the Scene
Replies: 26
Views: 2564

Re: Scratched Bumper with Police on the Scene

My wife was ran off the road by an elderly driver. He pulled over, apologized, and gave my wife all of his information. He did not want to file a claim through insurance. We have him some estimates and he payed $2500 for new front end parts. It was a smooth transaction. I would not bypass the guy an...
by Bayoufrogg
Mon Jun 19, 2017 9:03 am
Forum: Personal Consumer Issues
Topic: Lg refrigerator vs Samsung refrigerator.
Replies: 19
Views: 2027

Re: Lg refrigerator vs Samsung refrigerator.

I have a LG stainless, high end model fridge/freezer. We have had a lot of issues with the unit. There was a settlement that included our model, but they never admitted fault. We missed the settlement payout somehow. They would do nothing for us after the settlement date. Won't do business with them...
by Bayoufrogg
Fri May 19, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: 403b options
Replies: 3
Views: 329

Re: 403b options

If you are eligible for a 457b, check this list to see if you may have a state 457.

http://board.403bwise.com/index.php?sho ... 4849%C2%A0
by Bayoufrogg
Thu May 18, 2017 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Question on 403b
Replies: 6
Views: 692

Re: Question on 403b

...but spoke to a rep today who was actually very helpful in setting up the account." Make sure you are not dealing with a financial advisor here. I just went through this with Security Benefit and every "Rep" they directed me to was a financial advisor looking for a cut. Ask the rig...
by Bayoufrogg
Thu Apr 27, 2017 10:16 am
Forum: Personal Consumer Issues
Topic: When does it make sense to stop paying to repair your old vehicle?
Replies: 56
Views: 4365

Re: When does it make sense to stop paying to repair your old vehicle?

You cannot go by bluebook for a older used truck. Its just not accurate given the condition. Try using craigslist and i think youll realize a truck needing repairs will go for 2000 as long as it runs. 300k miles on my 2007 chevy silverado with original engine and transmission. Scheduled, basic maint...
by Bayoufrogg
Wed Apr 26, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Requesting feedback on my quest to reform OCPS's 403b/457b
Replies: 10
Views: 801

Re: Requesting feedback on my quest to reform OCPS's 403b/457b

Nice and concise. I wish I would have found your site before I went through all of this 3 weeks ago. Similar story here: awful transparency countless phone calls uninformed employees School retirement services, CFO, HR, business admin, AND Plan vendors/providers all wanted to send me to a financial ...
by Bayoufrogg
Wed Apr 26, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1484

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

Does GPO even wipe out all the FICA she paid from her wages during her high school and college days from W-2's doing part-time jobs? Well, this is where the Windfall Elimination Provision (WEP) steps in to wipe out any payouts from previous jobs. Many are calling the GPO/WEP the " Heroes' Pena...
by Bayoufrogg
Wed Apr 26, 2017 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1484

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

CyclingDuo wrote:Surely she will still get spousal benefits, yes?


Short answer is currently no.

She would be eligible for a 51% spousal benefit, but the government pension offset (GPO) reduces her 51% by an additional 2/3 of her pension. As long as the GPO stands, she will get no benefit.
by Bayoufrogg
Wed Apr 26, 2017 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1484

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

Thanks Duckie, krow, and CyclingDuo for giving me some alternative perspectives. It is very much appreciated! We are going to pay off the car loan, as Cycling Duo suggested. I will also look into UTMAs vs our Roth IRAs. As krow suggested, we will attempt to fund my 401k only up to the match and util...
by Bayoufrogg
Tue Apr 25, 2017 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1484

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

What percentage of your income combined is currently going into retirement funds? • $32K for your 401k (your $18K contribution + employer match) • She puts in 8% mandatory which I assume receives a 7% or so match for a total of 15% or her income (assuming it's something like $11 - $15K per year) • ...
by Bayoufrogg
Tue Apr 25, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1484

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

Thanks to both of you for the responses. I will stop the annuity payments and look at the numbers on waiting out the surrender period vs paying the penalty and reinvesting. Questions: 1.) Should we not consider the SDBA options on both accounts? Are there hidden costs we missed? Wouldnt this be chea...
by Bayoufrogg
Mon Apr 24, 2017 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1484

Portfolio Review: Early 30s (401k, 457b, 403b)

Hello, My wife and I have been daily readers of the bogleheads site for a while now. We started with minimal knowledge but have learned a lot from this site so far. We are hoping for some direction while we continue to learn about our investments. Ive already seen that this is a very wise and helpfu...
by Bayoufrogg
Thu Apr 20, 2017 9:34 pm
Forum: Investing - Theory, News & General
Topic: Gross vs net expense ratios
Replies: 2
Views: 536

Re: Gross vs net expense ratios

Thanks for the response. We are looking to fully fund my wife's governmental 457b and there multiple funds in the plan with attractive net vs gross ratios.
by Bayoufrogg
Thu Apr 20, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: Gross vs net expense ratios
Replies: 2
Views: 536

Gross vs net expense ratios

Would a lower net vs gross expense ratio be a motivating factor to chose one fund over another? I recognize that fee waivers are discretionary and temporary, but do bogleheads generally view these "discounts" as a favorable opportunity while they last? Also, is there generally a requiremen...