Search found 10503 matches

by DSInvestor
Fri Aug 18, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Employer 401k Rollover (Deduction Rules)
Replies: 4
Views: 165

Re: Employer 401k Rollover (Deduction Rules)

A rollover of assets in a 401k plan to an IRA is not an IRA contribution and would not consume any of your IRA contribution space. Assuming your 401k contributions were to Traditional 401k, you already received a deduction. For example if your salary is 60K and you contributed 7K to Traditional 401k...
by DSInvestor
Thu Aug 17, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or am I stuck
Replies: 13
Views: 462

Re: Backdoor Roth or am I stuck

Let us know if you want some feedback about the fees in your 403b and 401k plans. If these plans will allow rollovers from IRA, you can use a rollover to isolate your IRA basis to avoid IRA basis proration problems. Also make sure that your 8606 forms are up to date to track the IRA basis over the y...
by DSInvestor
Thu Aug 17, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or am I stuck
Replies: 13
Views: 462

Re: Backdoor Roth or am I stuck

DSI- Thanks for the input. This may be the only year our MAGI is below the MFJ $186K threshold to contribute directly to a Roth IRA. Yes both of our 401k/403B's are traditional employer plans. If your employee salary deferral contributions to your 401k are only 6K, you have 18K of contribution room...
by DSInvestor
Thu Aug 17, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or am I stuck
Replies: 13
Views: 462

Re: Backdoor Roth or am I stuck

If I wanted to do non-deductible IRA contributions now between 52-60 and then convert to Roth via backdoor, what impact does my current situation pose ? Gross Income is $200K If Gross income is 200K and you're maxing out Traditional 401k/403b contributions you may not need to use the backdoor into ...
by DSInvestor
Thu Aug 17, 2017 1:28 pm
Forum: Personal Consumer Issues
Topic: which 27 inch imac to purchase?
Replies: 11
Views: 724

Re: which 27 inch imac to purchase?

RAM is user upgradeable on 27 inch iMacs, so you can start with the base RAM and upgrade later for a much lower cost than what Apple charges. CPU and storage are not user accessible. I don't think you'll notice much difference in CPU. You will notice if you run out of storage space. Fusion drive giv...
by DSInvestor
Thu Aug 17, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Scorp 401k Employer Match on Guaraunteed Payments
Replies: 2
Views: 159

Re: Scorp 401k Employer Match on Guaraunteed Payments

I used to have an S-Corp and used a Solo 401k. I'm not sure what type of 401k plan you're using but for Solo 401k, employer profit share when operating as an S-Corp is up to 25% of your gross salary (which includes fringe benefits like personal use of the car, and prorated auto insurance paid by S-c...
by DSInvestor
Tue Aug 15, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: please help...am I overextended - first home
Replies: 74
Views: 5179

Re: please help...am I overextended - first home

House payment will be $1584 (includes HoA) Does the house payment include property tax? This could be substantial in some locations (Texas, NJ, NY) even for modestly priced homes. What about homeowner insurance? With HOA, you must be careful to review the books of the association to make sure there...
by DSInvestor
Tue Aug 15, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Good Banks to Avoid Fees (No minimums, etc.)
Replies: 9
Views: 587

Re: Good Banks to Avoid Fees (No minimums, etc.)

Any credit unions in your area?
by DSInvestor
Tue Aug 15, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Fund Choice Guidance
Replies: 13
Views: 558

Re: 401K Fund Choice Guidance

If you want some money in Roth accounts, I think a good default plan is to a) max out Traditional 401k and b) contribute to Roth IRA. Roth 401k contributions are irrevocable once made. Roth IRA contributions offer the option to re characterize to Traditional IRA contribution later. This gives you fl...
by DSInvestor
Tue Aug 15, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: 401K Fund Choice Guidance
Replies: 13
Views: 558

Re: 401K Fund Choice Guidance

IMO, Vanguard Institutional Index VINIX .04 is the only good option that you listed. I suggest dedicating 100% of your 401k to this fund and then round out the portfolio in IRA accounts using low cost options. You should not make any 529 contributions unless you're able to max out all retirement pla...
by DSInvestor
Mon Aug 14, 2017 1:57 pm
Forum: Investing - Theory, News & General
Topic: When stocks drop, which bond funds usually do best and worst?
Replies: 25
Views: 2428

Re: When stocks drop, which bond funds usually do best and worst?

You can check Vanguard's fund listings and adjust to show yearly returns. This display shows returns by year going back to 2007. This would show you how funds did in 2008/2009. I was happy with Total Bond Index's 5% gain in 2008 while stocks were taking a dive. I think treasury bond funds did pretty...
by DSInvestor
Sat Aug 12, 2017 1:57 pm
Forum: Investing - Theory, News & General
Topic: Solo 401k
Replies: 7
Views: 702

Re: Solo 401k

Make sure you set up your SOlo 401k before DEC 31, 2017 if you wish to defer income from tax year 2017. Do not wait until after year end.
by DSInvestor
Sat Aug 12, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401K vs Traditional 401K
Replies: 25
Views: 1170

Re: Roth 401K vs Traditional 401K

I agree with livesoft. The tax savings gave me more take home pay gave me more options to a) fund Roth IRA, b) invest in taxable, c) pay extra mortgage principal and many other financial priorities. State income tax is another issue to consider. If you currently live in a state with a high state inc...
by DSInvestor
Fri Aug 11, 2017 11:41 am
Forum: Personal Consumer Issues
Topic: Be aware of Project Fi phone buy service
Replies: 26
Views: 1778

Re: Be aware of Project Fi, Google sometimes is evil

You think iPhone is any better? If you have an issue with an iPhone under its 1 year warranty, sure Apple will give you a replacement. But it will be a refurb too, per Apple's policy. I can confirm this. My wife's iPhone screen (no applecare) was smashed by a softball and we went into an Apple stor...
by DSInvestor
Fri Aug 11, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Spreadsheet to Play with 401k Contributions
Replies: 4
Views: 520

Re: Spreadsheet to Play with 401k Contributions

Use a tax calculator like HR Block's tax calculator. https://www.hrblock.com/get-answers/tax-calculators.html#/en/te/aboutYou First calculate your tax liability without Traditional 401k contributions, then reduce the income by the amount of your Traditional 401k contributions. The difference in fed ...
by DSInvestor
Thu Aug 10, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bonds and Taxes.
Replies: 24
Views: 1503

Re: Muni Bonds and Taxes.

Note that while tax exempt interest is not taxable, it counts as income for some things. For example, non-taxable interest is included in your "combined income" to determine how much of your social security benefits is taxable. See SSA.GOV page - Benefits Planner: Income Taxes and Your Social Securi...
by DSInvestor
Wed Aug 09, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Unsure of my options with government TSP
Replies: 7
Views: 572

Re: Unsure of my options with government TSP

Be aware that the 18K employee salary deferral limit for 401k is shared with TSP. If you contribute to TSP, make sure that the sum of your TSP and 401k contributions do not exceed 18K. Roth IRA has a separate 5.5K limit.
by DSInvestor
Wed Aug 09, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Unsure of my options with government TSP
Replies: 7
Views: 572

Re: Unsure of my options with government TSP

TSP may be the best retirement plans in the country. If you separate from military or federal service, keep your TSP account. 401k plans from your employers are unlikely to be as good as TSP. If you change jobs later, you can rollover your 401k assets into TSP. If looking for investment options for ...
by DSInvestor
Wed Aug 09, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: New car vs used car
Replies: 9
Views: 733

Re: New car vs used car

I think it depends on the car and your location. In my area, Subaru Outback hold their value very well so there may not be much of a price difference between new and a 2 year old car.
by DSInvestor
Wed Aug 09, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Loud squeaky noise when starting the car
Replies: 18
Views: 1336

Re: Loud squeaky noise when starting the car

I had an issue with belts squealing after they were installed. The mechanic adjusted the tensioner and it was fixed. Do you see any oil on your driveway/garage floor? I had a problem with my 97 camry where in cold weather the car would squeak/groan at start up for a second. I would see a drop of oil...
by DSInvestor
Tue Aug 08, 2017 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Question re: Exchanging tIRA funds in Vanguard
Replies: 2
Views: 188

Re: Question re: Exchanging tIRA funds in Vanguard

I believe fund exchanges are only within fund family. As such, I think you would need to sell the F-T funds and then purchase Vanguard fund(s). There may be some delay for settlement times before you can purchase your Vanguard funds.
by DSInvestor
Mon Aug 07, 2017 12:35 am
Forum: Investing - Help with Personal Investments
Topic: 14k left over after max 401k and tIRA. Advice please ?
Replies: 27
Views: 1483

Re: 14k left over after max 401k and tIRA. Advice please ?

O man :/ can we review the numbers ? I'm sure I was correct on my math Let's change it a bit to paint a better picture of my plan. These numbers reflect household income however we are not married so we don't file jointly The tax rate we are in is 25% Pre tax our yearly house hold income is 140k I ...
by DSInvestor
Sun Aug 06, 2017 12:58 am
Forum: Investing - Help with Personal Investments
Topic: Help with 401-k allocation
Replies: 4
Views: 368

Re: Help with 401-k allocation

I suggest going with just Fidelity 500 Index premium er=0.04% and Fidelity US bond index er=0.05%. If you have investments in other accounts, it would be helpful to know what options are available in those accounts.
by DSInvestor
Sat Aug 05, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: "National Parks senior passes in short supply."
Replies: 34
Views: 3596

Re: "National Parks senior passes in short supply."

DW and I each have them. Can the pass be replaced if lost, damaged, dog ate it, etc.? From the way the pass looks (with a number and my full name), it seems that they know we have the passes. From recreation.gov page on Additional Details about the Senior Pass: https://www.recreation.gov/marketing....
by DSInvestor
Fri Aug 04, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion in a high tax bracket?
Replies: 21
Views: 1716

Re: Roth conversion in a high tax bracket?

I'm thinking I will work less in the future, but I don't think I will completely stop working. Maybe when I am 70 or more, I might stop working. But at age 70, between investment income, real estate income, required RMD income, wouldn't I still likely have a few hundred thousand a year in income pu...
by DSInvestor
Thu Aug 03, 2017 10:42 pm
Forum: Personal Consumer Issues
Topic: "National Parks senior passes in short supply."
Replies: 34
Views: 3596

Re: "National Parks senior passes in short supply."

The Wizard wrote:So, more people than usual turning 62 this year?
Price increase from $10 for senior lifetime pass to $80. New price starts AUG 28, 2017.
by DSInvestor
Thu Aug 03, 2017 10:12 pm
Forum: Personal Consumer Issues
Topic: Organizing small electronics (portable mp3 players)
Replies: 11
Views: 789

Re: Organizing small electronics (portable mp3 players)

What about something like this for $8? m How about using some mugs or short tumbler glasses? I do not keep my headphones/ear phones with my players, phones, tablets, computers. If there is one set of headphones that you like the most, just keep one set out and put the other two away. Now you have 3 ...
by DSInvestor
Thu Aug 03, 2017 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: MySolo401k.net
Replies: 8
Views: 681

Re: MySolo401k.net

I used a Self Employed 401k with Fidelity. No fees, low cost investment options, rollover options, excellent customer service. Were there features that you wanted that were not available in the standard plans offered by Fidelity, TDAmeritrade, Schwab or Vanguard?
by DSInvestor
Thu Aug 03, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Advice
Replies: 3
Views: 366

Re: Rebalancing Advice

There would be no tax implications if traded in your 401k or IRA accounts. Selling in your taxable account would trigger capital gains tax events.
by DSInvestor
Thu Aug 03, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: Change from Republic Wireless to Cricket - number cannot be transferred
Replies: 10
Views: 661

Re: Change from Republic Wireless to Cricket - number cannot be transferred

I successfully transferred a number from T-Mobile to Cricket.
by DSInvestor
Thu Aug 03, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: LED light bulbs
Replies: 96
Views: 7872

Re: LED light bulbs

LED's are still not there for dimmable use, but with new LED dimmer and some time, I thing they will be fine. All the LED bulbs (made by Greenlite) I bought in the last 3 years have been dimmable. While I installed LED dimmers, I found that they worked with old style dimmers when I changed every bu...
by DSInvestor
Thu Aug 03, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: LED light bulbs
Replies: 96
Views: 7872

Re: LED light bulbs

Interesting question, we stocked up on CFL's a few years back and will run through those before fully switching to LED. We did buy a 3-pack of LED at Lowe's a few months back, used them for a couple of days and put them back in the box. No significant change in light quality from the CFL. I swapped...
by DSInvestor
Thu Aug 03, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: Amazon, eBay, Costco, vs. Walmart?
Replies: 17
Views: 1585

Re: Amazon, eBay, Costco, vs. Walmart?

mega317 wrote:I used Jet.com for the first time this week. I found some sponges, laundry detergent, and my dog food cheaper than Amazon, Walmart, and Target. I think new accounts get 15% off the first few orders.


For dog food, take a look at chewy.com.
by DSInvestor
Wed Aug 02, 2017 1:01 am
Forum: Investing - Help with Personal Investments
Topic: how can we ensure our modified adjusted gross income stays under 186k
Replies: 8
Views: 1353

Re: how can we ensure our modified adjusted gross income stays under 186k

Are you maxing out Traditional 401k/403b/457b at work? These will help reduce your AGI and MAGI for Roth IRA purposes.
by DSInvestor
Tue Aug 01, 2017 1:17 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card options??
Replies: 18
Views: 1923

Re: Best credit card options??

I like Citi Double Cash for domestic use and Capital One Quicksilver (no annual fee, 1.5% cash back, no foreign transaction fee) for foreign use. I also have a Costco Citi card (2% cash back for cost purchases, 4% gas, 1% everything else). Citi cards have a nice feature called CITI Price Rewind wher...
by DSInvestor
Mon Jul 31, 2017 2:02 am
Forum: Personal Consumer Issues
Topic: Non Stick frying pan
Replies: 56
Views: 3610

Re: Non Stick frying pan

Get yourself a good cast iron pan, use a little oil and it's totally non stick even with eggs. Iron is better for you than aluminum as well. Lodge is common, here is the fancy brand m Is this really true? do cast iron pans really not stick with just some spray oil on it? cast iron pans are non-stic...
by DSInvestor
Sun Jul 30, 2017 11:46 pm
Forum: Personal Consumer Issues
Topic: "Retrofit" NAV system for older car?
Replies: 19
Views: 1302

Re: "Retrofit" NAV system for older car?

I have a garmin NUVI 2597LMT and really like it. It comes with maps for USA, Canada and Mexico, lifetime map updates, traffic and bluetooth. I use a friction mount on the dash rather than a suction cup on the windshield. The unit plugs into the lighter port. It has worked really well on our many roa...
by DSInvestor
Fri Jul 28, 2017 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: How much income and down payment to afford 300k house?
Replies: 50
Views: 4041

Re: How much income and down payment to afford 300k house?

Derivative, in an other thread you indicated that you may move to Texas. Pls confirm location of the home. If Texas, you may be surprised by how much real estate taxes are. Make sure you consider those as well. If home will be a condo, consider the monthly condo dues and risk of special assessments.
by DSInvestor
Fri Jul 28, 2017 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Need Advice
Replies: 16
Views: 1107

Re: Need Advice

I was planning on just doing the ETF but then I found out how much easier funds are to be in. I want to do $458.33/month for each of ours and since you can't do fractional shares in ETF's I don't like the idea of some of the money just sitting there. Is there anything else to consider regarding thi...
by DSInvestor
Fri Jul 28, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: How much income and down payment to afford 300k house?
Replies: 50
Views: 4041

Re: Can this person afford a 300k house?

madbrain wrote:Yes. Putting 20% down ($60k), a $240,000 loan at 4.25% 30yr your monthly payment would be $1181.
That's $14172/year or 28.3% of your $50,000 income. There should be no problem obtaining a loan.


Property tax should be taken into consideration as well. Depending on location, that could be 4-10K/yr.
by DSInvestor
Fri Jul 28, 2017 7:17 pm
Forum: Investing - Theory, News & General
Topic: Why is BND best?
Replies: 29
Views: 3853

Re: Why is BND best?

Thanks! Is there a fund that focuses only on intermediate term bonds, then? Vanguard Intermediate Term Bond Index VBILX Admiral, VBIIX Investor, BIV ETF. Here's a link to the portfolio page for this fund. Note that 97.5% of the fund is in bonds with maturity of 5-10 years. m Here's the same page fo...
by DSInvestor
Fri Jul 28, 2017 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: How much income and down payment to afford 300k house?
Replies: 50
Views: 4041

Re: How much income and down payment to afford 300k house?

Property tax can vary greatly. Some states have much higher taxes than others. e.g. 300K home in CA could be 4K/yr prop tax but 300K in some areas of TX, NJ, NY may be 10K/yr. Even within the same state, property taxes can be very different by county.
by DSInvestor
Fri Jul 28, 2017 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Starting Roth IRA at Vanguard. Can I transfer funds from taxable?
Replies: 6
Views: 402

Re: Starting Roth IRA at Vanguard. Can I transfer funds from taxable?

VFSUX is $50k for admiral I currently have admiral but I am wondering if it would still be admiral if I had 44.5 in taxable and 5.5 in Roth increasing to 11/39 next year. If that fund requires 50K for admiral, you would need 50K in your taxable account for admiral shares. Holding 44.5K in taxable a...
by DSInvestor
Fri Jul 28, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Starting Roth IRA at Vanguard. Can I transfer funds from taxable?
Replies: 6
Views: 402

Re: Starting Roth IRA at Vanguard. Can I transfer funds from taxable?

Roth IRA contributions are limited to 5.5K per year. I used to fund my Roth IRA contributions by exchanging from a fund in my taxable account to a fund in my Roth IRA. This is essentially a sale from the taxable account which my trigger capital gains tax event to raise cash for the actual IRA contri...
by DSInvestor
Tue Jul 25, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: Alternatives to the Vanguard Total International Fund?
Replies: 33
Views: 3314

Re: Alternatives to the Vanguard Total International Fund?

I believe Total International is the single fund that gets you closest to owning all non-US stocks in the world, in their appropriate weight. If you want to invest as passively as possible, I think it's the best choice. Total International VXUS is not available commission free at TDAmeritrade which...
by DSInvestor
Mon Jul 24, 2017 11:38 pm
Forum: Investing - Theory, News & General
Topic: Alternatives to the Vanguard Total International Fund?
Replies: 33
Views: 3314

Re: Alternatives to the Vanguard Total International Fund?

Vanguard FTSE All World ex-US VFWIX Investor shares, VFWAX Admiral shares, VEU ETF. I believe VEU is available commission free at TD and a great alternative to Total International VGTSX/VTIAX/VXUS.
by DSInvestor
Mon Jul 24, 2017 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Put money into SEP or not....
Replies: 4
Views: 327

Re: Put money into SEP or not....

Have you run numbers for how your taxes will look with say 50K SS and then with RMD? Using HR block tax calculator: 50K SS: Fed tax = ZERO 50K SS + 50K RMD: Fed Tax = $8,000 50K SS + 100K RMD: Fed Tax = $21,000 What kind of RMD amounts do you expect? Will you have other income? Qualified Dividend In...
by DSInvestor
Mon Jul 24, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Put money into SEP or not....
Replies: 4
Views: 327

Re: Put money into SEP or not....

If income is high for 2017, it would make sense to contribute to SEP-IRA for 2017 and reduce tax liability. It probably does not make sense to do any Roth conversions for 2017 tax year if you're going to be in high tax bracket due to selling your business. Start your roth conversions in 2018 when in...
by DSInvestor
Mon Jul 24, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Timing of Traditional IRA contributions
Replies: 2
Views: 207

Re: Timing of Traditional IRA contributions

Hi John, Are you or your spouse covered by an employer plan like 401k, 403b etc? If covered, your income (high based on 38% marginal rate comment in your OP), may not allow the Traditional IRA deduction. If ineligible for TIRA deduction, look into Roth IRA contributions instead. If income is too hig...
by DSInvestor
Sun Jul 23, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: SEP IRA and backdoor Roth
Replies: 11
Views: 730

Re: SEP IRA and backdoor Roth

Check with your 401k to see if they would accept a rollover from your SEP-IRA. If yes, you'd avoid the IRA basis prorata rule. Just make sure that your SEP-IRA balance is zero on DEC 31 of the year that you do your Roth conversions. I had a Vanguard SEP-IRA and they did not complain about the zero b...