Search found 9252 matches

by DSInvestor
Thu Jul 28, 2016 2:04 am
Forum: Investing - Help with Personal Investments
Topic: taxable account vs. extra principal payment
Replies: 14
Views: 1163

Re: taxable account vs. extra principal payment

My wife has no plan thru employment. And yes, our respective TIRA's are non-deductible and we submit 8606's for each of us yearly. I'm figuring to do a Roth conversion in retirement, when our tax bracket will drop. Otherwise it would be too costly to convert in our current bracket. Conversion of IR...
by DSInvestor
Sun Jul 24, 2016 10:42 am
Forum: Investing - Help with Personal Investments
Topic: taxable account vs. extra principal payment
Replies: 14
Views: 1163

Re: taxable account vs. extra principal payment

Does your wife have an employer plan and is she maxing that out? You mentioned your 401k and 2 IRA contributions in your OP. Availability of an employer plan for her may affect recommendations on what to do with that extra cash flow. If you're in 33% Fed tax bracket, your taxable income (line 43 on ...
by DSInvestor
Sat Jul 23, 2016 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Quick Taxcaster question.
Replies: 3
Views: 247

Re: Quick Taxcaster question.

tbradnc wrote:BTW, I believe non-qualified dividends are entered under "Misc income" according to the 'help bubble'.

Yep, that would work. The key is to enter that in a field that is treated as ordinary income.
by DSInvestor
Sat Jul 23, 2016 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Quick Taxcaster question.
Replies: 3
Views: 247

Re: Quick Taxcaster question.

Other Income->IRA Distributions. If you have IRA basis, enter the taxable amount of the conversion/withdrawal.

Note that the dividends field are treated as Qualified Dividend Income. If you have non-qualified dividend income, enter that in the interest field.
by DSInvestor
Sat Jul 23, 2016 1:07 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) rollover to solo 401(k)-who'll accept???
Replies: 18
Views: 1002

Re: 401(k) rollover to solo 401(k)-who'll accept???

i am a small business owner (landlord/RE investor). How is your self employed income reported on your tax return? If your business is incorporated paying you a W-2 salary or you're schedule C sole proprietor, you should be good for solo 401k as long as you do not have employees. If schedule E, mayb...
by DSInvestor
Fri Jul 22, 2016 11:55 pm
Forum: Personal Consumer Issues
Topic: Canada vacation
Replies: 42
Views: 2934

Re: Canada vacation

Do not carry firearms or other weapons into Canada. Make sure nobody in the car has a record of DUI or assault. People with DUI will not be allowed to enter Canada. Check your credit cards to see what foreign transaction fees they charge. Many charge 3%. I use a Capital One Quicksilver VISA card for...
by DSInvestor
Fri Jul 22, 2016 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs SEP IRA for my 28-year old son
Replies: 6
Views: 377

Re: Roth vs SEP IRA for my 28-year old son

He should consider Solo 401k instead of SEP-IRA. Solo 401k would offer the option for larger contributions on lower incomes because it allows for 2 types of contributions: 1. Employer profit share which is calculated the same way as SEP-IRA 2. Employee salary deferral 18K. If SEP-IRA would allow for...
by DSInvestor
Wed Jul 20, 2016 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: IRS questioning my backdoor roth?
Replies: 37
Views: 4617

Re: IRS questioning my backdoor roth?

You need to make sure that you entered your Traditional IRA contributions into turbotax 2013 and 2014. If you do not enter these contributions, there is no basis recorded in your 8606 forms and the 11K conversion will be taxable.
by DSInvestor
Wed Jul 20, 2016 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Costco Citi price rewind
Replies: 11
Views: 1374

Re: Costco Citi price rewind

Pharmacist wrote:This sounds pretty neat. I have the Citi double cash card... might try it for purchases over 50-100 dollars. Does the money get credited to your statement or added to your cash back reward balance?


The price rewind can be paid to you by check or as a statement credit.
by DSInvestor
Tue Jul 19, 2016 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with a bit of extra money each month?
Replies: 40
Views: 2645

Re: What to do with a bit of extra money each month?

I would also suggest contributing to 403b. If you don't do the 403b, consider using some of that $400/month to make extra principal payments on the house. You mentioned moving to another house also in the SF bay area in 20 years. This move may result in a much higher level of property tax. Prop 13 i...
by DSInvestor
Tue Jul 19, 2016 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Moving managed fund from taxable account to tax-advantaged account
Replies: 4
Views: 453

Re: Moving managed fund from taxable account to tax-advantaged account

$14 of ST capital gains is taxed at your marginal tax rates fed and state. $190 LT capital gain is taxed at 0% Fed if it falls in 15% bracket or lower, 15% of 25% or higher. Your state will treat the LTCG as ordinary income and tax it at your state marginal rates. If you were in the 25% tax bracket,...
by DSInvestor
Tue Jul 19, 2016 1:13 pm
Forum: Personal Consumer Issues
Topic: Owning vs. renting Content
Replies: 11
Views: 1277

Re: Owning vs. renting Content

But there's another issue, I'm a fan of some rather obscure music and movies - and these are not carried by some of the more popular subscription services....according to my daughter, this means the day will come when I can no longer enjoy them because whatever copy i have now will not be compatibl...
by DSInvestor
Tue Jul 19, 2016 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Costco Citi price rewind
Replies: 11
Views: 1374

Re: Costco Citi price rewind

I have used the CitiPriceRewind feature and I like it. It is really easy to register a purchase with the service. I have received quite a few refunds using it. Most recently I bought a satellite 2 way communicator in April and REI put it on sale a few weeks later. I got $95 back on that item. The se...
by DSInvestor
Tue Jul 19, 2016 10:50 am
Forum: Personal Consumer Issues
Topic: Owning vs. renting Content
Replies: 11
Views: 1277

Re: Owning vs. renting Content

There is a movie service called Vudu which offers disk to digital which takes a DVD disk and converts to an online format that you can access via streaming or download. Vudu app is available on Roku and iPad. The iPad app allows you to download the content that you own so you can watch it even if yo...
by DSInvestor
Mon Jul 18, 2016 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with Vanguard direct deposit
Replies: 15
Views: 906

Re: Need help with Vanguard direct deposit

I would not direct deposit from employer into IRA. IMO it is better to have direct deposit of paycheck to the checking account (very common) and then have Vanguard pull the money via ACH from the checking acct into the Vanguard account (also very common). This way, if you need to make adjustments, y...
by DSInvestor
Mon Jul 18, 2016 11:39 am
Forum: Investing - Help with Personal Investments
Topic: making VWINX (Wellesley inc) portfolio out of vanguard funds
Replies: 40
Views: 2579

Re: making VWINX (Wellesley inc) portfolio out of vanguard funds

I see so much in the forum how not to put Wellesley in your taxable accounts, so i guess i'm just curious what the tax efficient alternative? If Wellesley will not be your entire portfolio, hold it in your tax advantaged accounts to the extent that you have space. Hold tax efficient funds in your t...
by DSInvestor
Sun Jul 17, 2016 11:15 pm
Forum: Personal Consumer Issues
Topic: Orlando Disney Parks
Replies: 41
Views: 3082

Re: Orlando Disney Parks

I would not visit Disney Orlando in August even if you paid me. It might be more comfortable at one of their water parks or take breaks in the pool.
by DSInvestor
Sun Jul 17, 2016 5:56 pm
Forum: Investing - Theory, News & General
Topic: My Two Favorite Tax Free Bond Funds
Replies: 7
Views: 1443

Re: My Two Favorite Tax Free Bond Funds

Note that the tax exempt bond funds are only tax exempt for the income. Capital gains tax applies if you sell shares for a net gain. If holding a national tax exempt bond fund, your state may tax that income. Tax exempt interest is counted when calculating the the amount of social security benefits ...
by DSInvestor
Sun Jul 17, 2016 5:05 pm
Forum: Personal Consumer Issues
Topic: Electric Bills Killing Me from AC. Need Advice. [Air Conditioner]
Replies: 81
Views: 6087

Re: Electric Bills Killing Me from AC. Need Advice. [Air Conditioner]

Update: Again, thank you so much for the advice. We have an electric stove, microwave, and we have electric dryer. I walked down all the duct-work that I could and I discovered 2 massive gaps between ducts each about an inch and a half wide where cold air was just pouring out of. I used the metalli...
by DSInvestor
Sun Jul 17, 2016 4:16 pm
Forum: Personal Consumer Issues
Topic: What's up with 4K tv? Should I buy one?
Replies: 101
Views: 6258

Re: What's up with 4K tv? Should I buy one?

[Post removed --admin LadyGeek] [Response to removed post --admin LadyGeek] , I was under the impression that the standard CD encoding is 44,100 times per second 16 bits per sample per channel. 44,100 X 2 X 16 = 1,411,200 bits per second. Are you working with a different CD encoding that results in...
by DSInvestor
Sun Jul 17, 2016 1:02 am
Forum: Personal Consumer Issues
Topic: Who do you not tip, and why?
Replies: 57
Views: 4589

Re: Who do you not tip, and why?

You may enjoy this Planet Money Podcast - Why do we tip?
http://www.npr.org/sections/money/2011/ ... -do-we-tip
by DSInvestor
Sun Jul 17, 2016 12:41 am
Forum: Personal Consumer Issues
Topic: Samsung Galaxy S4 Portable Battery
Replies: 4
Views: 477

Re: Samsung Galaxy S4 Portable Battery

Doesn't the Galaxy have a user replaceable battery? If so, get a second battery and a spare battery charger. Maybe chuck the old battery and get two replacements plus charger. Spare / replacement battery: https://www.amazon.com/Samsung-Replacement-Standard-Internal-Warranty/dp/B0123MKMI2/ref=sr_1_1?...
by DSInvestor
Sat Jul 16, 2016 7:21 pm
Forum: Personal Consumer Issues
Topic: Help Planning Trip to Zion
Replies: 8
Views: 1001

Re: Help Planning Trip to Zion

Can you bring gear to camp? If you don't want to camp, maybe look for a cabin near Bryce. I think there is a KOA with cabins in Cannonville. Cannonville is east of Bryce and west of Kodachrome State Park. If you have time, check out Moab (Arches NP, Canyonlands NP, Dead Horse Point SP, BLM land like...
by DSInvestor
Sat Jul 16, 2016 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Liquidating Non-deductible IRA contribution - form 8606
Replies: 27
Views: 899

Re: Liquidating Non-deductible IRA contribution - form 8606

Question on the OP $15k, can he convert the entire amount into a Roth IRA (backdoor Roth) or only $5500K or $6500K if >= 50 years old per person per year? There are no limits on Roth conversion. If you have $100 million in an IRA, you can convert it all to Roth IRA. You just have to be willing to p...
by DSInvestor
Sat Jul 16, 2016 5:42 pm
Forum: Personal Consumer Issues
Topic: Hatchback to match Camry on price/comfort/reliability?
Replies: 42
Views: 3000

Re: Hatchback to match Camry on price/comfort/reliability?

I own a 97 Camry and am considering a Subaru Outback which have some models under 30K.
by DSInvestor
Sat Jul 16, 2016 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Liquidating Non-deductible IRA contribution - form 8606
Replies: 27
Views: 899

Re: Liquidating Non-deductible IRA contribution - form 8606

I already have a simple IRA at work. Does it have to be 401k or can I do this with the Simple IRA? P.S: a second does help :beer It cannot be an IRA. IRA assets in Traditional IRA, Rollover IRA, SEP-IRA, SIMPLE-IRA are counted by form 8606. It will work with 401k, 403b, TSP, and maybe even 457b.
by DSInvestor
Sat Jul 16, 2016 12:27 pm
Forum: Personal Consumer Issues
Topic: Need printer recommendations
Replies: 36
Views: 1650

Re: Need printer recommendations

Take a look at Brother HLL-2380DW which is a black and white laser printer that has ethernet, wifi, duplex printing and a scanner/copier. We got ours on sale for around $120. It is AirPrint compatible and works well with mac, iPad, iPod Touch, iPhone. We can scan documents wirelessly to our Macs. Mi...
by DSInvestor
Sat Jul 16, 2016 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: VTMFX - Vang. tax-managed balanced fund - how reported on 1099-div?
Replies: 6
Views: 394

Re: VTMFX - Vang. tax-managed balanced fund - how reported on 1099-div?

I have not owned the tax managed balanced fund but I have owned Vanguard tax exempt funds. If I recall, tax exempt interest is reported on 1099-INT. You may get a 1099-DIV and 1099-INT for that fund. If sell shares of the fund, you'll get a 1099-B as well. I don't know how the new vanguard brokerage...
by DSInvestor
Sat Jul 16, 2016 10:58 am
Forum: Personal Consumer Issues
Topic: What's up with 4K tv? Should I buy one?
Replies: 101
Views: 6258

Re: What's up with 4K tv? Should I buy one?

Agree with others 1080p is great. Upgrade to 4K later when programming catches up. Use the cost difference on your audio equipment and streaming boxes in case the smart TV features aren't that great. We use Apple TV and Roku 3 and can recommend both. Note that Apple TV does not support Amazon Video ...
by DSInvestor
Fri Jul 15, 2016 1:49 pm
Forum: Investing - Theory, News & General
Topic: Converting 1/2 of an IRA to Roth this year and 1/2 next year?
Replies: 20
Views: 1024

Re: Converting 1/2 of an IRA to Roth this year and 1/2 next year?

my brother and I are in a much higher tax bracket than my mom (35%/39.6%) so our RMDs from an inherited IRA would be taxed at this rate. by splitting the conversion $150,000/$150,000 the logic is to keep it in the 28% tax bracket Are you all residents of the same state? If you and/or your brother r...
by DSInvestor
Fri Jul 15, 2016 11:24 am
Forum: Personal Consumer Issues
Topic: Cell phone data plans
Replies: 41
Views: 3405

Re: Cell phone data plans

We are on TMobile's unlimited LTE plan, two cell phones $50/month each. I found Tmobile voice coverage to be pretty good, even while driving through rural Kansas (highway driving, but not on an interstate). Data coverage outside of interstates is spotty. In cities and suburban areas, Tmobile LTE is...
by DSInvestor
Fri Jul 15, 2016 10:54 am
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA Income Question
Replies: 4
Views: 395

Re: ROTH IRA Income Question

Any income that you earned at your job in 2016 will be reported on W-2. If you have already earned $5500 at that job, then you're good for 2016 Roth IRA contributions. If for 2017, you will only have side gig and tutoring income, you can self report that income on your 2017 tax return as self employ...
by DSInvestor
Fri Jul 15, 2016 12:04 am
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 123
Views: 8124

Re: What kind of car do Bogleheads like to drive?

I have a 97 Toyota Camry. My next vehicle will probably be a Subaru Outback.
by DSInvestor
Fri Jul 15, 2016 12:02 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401K Question
Replies: 4
Views: 267

Re: Solo 401K Question

The easiest way to get those features is to select another Solo 401k vendor. As you noted, Fidelity's Self Employed 401k offers those features. Fidelity has some index funds that are competitive with Vanguard's offerings and you can also buy stocks and ETFs. They have a selection of iShares ETFs com...
by DSInvestor
Thu Jul 14, 2016 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Anyway to get traditional IRA funds minimizing tax other then not working?
Replies: 48
Views: 2766

Re: Anyway to get traditional IRA funds minimizing tax other then not working?

When you say sell shares to control capital gains, are you saying make sure we sell long term capital gains before short? If so, its all long except for the reinvested distirbutions... It's more than short term vs long term. Assets held in taxable accounts have tax lots. Every purchase and every re...
by DSInvestor
Thu Jul 14, 2016 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Anyway to get traditional IRA funds minimizing tax other then not working?
Replies: 48
Views: 2766

Re: Anyway to get traditional IRA funds minimizing tax other then not working?

With that level of income and assets outside of retirement accounts, why the rush to withdraw 70K from a 100K IRA to trigger 9K in fed tax and state tax too? I suspect that the tax cost to withdraw just the minimum amount to satisfy RMD may result in ZERO taxes. Then withdraw from non-retirement acc...
by DSInvestor
Thu Jul 14, 2016 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Anyway to get traditional IRA funds minimizing tax other then not working?
Replies: 48
Views: 2766

Re: Anyway to get traditional IRA funds minimizing tax other then not working?

I was researching tax on capital gains from non-retirement funds and did you guys know if your married filing jointly you can pull out up to 75k paying 0% on long term capital gains if your in the 15% tax bracket or less. So given my parents are in 15% tax bracket, what I was going to do was after ...
by DSInvestor
Wed Jul 13, 2016 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: ETF's through Ameritrade for Admiral Share Prices?
Replies: 20
Views: 1066

Re: ETF's through Ameritrade for Admiral Share Prices?

I prefer mutual funds to ETFs but with $1.3MM in assets, a 0.10% difference in expense ratio works out to $1300/yr. TD Ameritrade as a limited selection of Vanguard ETFs commission free. Here's a link to list of Commission free ETFs: https://research.tdameritrade.com/grid/public/etfs/commissionfree/...
by DSInvestor
Tue Jul 12, 2016 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: Figuring out income and SEP IRA
Replies: 1
Views: 175

Re: Figuring out income and SEP IRA

I suspect that your income will be a level that disallows direct contribution to Roth IRA. If this is the case and you wish to use the backdoor into Roth IRA (i.e. contribute to Traditional IRA and convert to Roth IRA), you should not use SEP-IRA as SEP-IRA assets are counted by form 8606 and will f...
by DSInvestor
Tue Jul 12, 2016 1:48 pm
Forum: Personal Consumer Issues
Topic: Cell phone data plans
Replies: 41
Views: 3405

Re: Cell phone data plans

I got cricket wireless service for my wife with Smart plan 5GB data for $45/month. This was the lowest plan that offered the ability to use the phone in Canada and Mexico without roaming charges which she needs as she is in Canada regularly. If you don't need the canada feature, you can select the b...
by DSInvestor
Tue Jul 12, 2016 1:33 pm
Forum: Personal Consumer Issues
Topic: Are you going to shop on Prime Day?
Replies: 140
Views: 12814

Re: Are you going to shop on Prime Day?

The new kindles are now on sale on amazon.com for the next 12 hrs. New Kindle paper white black or white is 89.99 (regular 119.99). New kindle is 49.99 (reg 79.99). I believe this deal is available only to prime members one per account. My wife's account is linked to mine and we were each able to or...
by DSInvestor
Tue Jul 12, 2016 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: convert mutual fund to index fund
Replies: 29
Views: 1977

Re: convert mutual fund to index fund

What is the cost basis on those holdings? Keep in mind that if you've reinvested dividends in those funds, that increases your cost basis. If your cost basis is higher than your current value then you have a short term capital loss and you should sell it now, harvest the loss and move to low cost fu...
by DSInvestor
Tue Jul 12, 2016 12:54 am
Forum: Personal Finance (Not Investing)
Topic: Building a (taxable) Bridge to Retirement
Replies: 39
Views: 3246

Re: Building a (taxable) Bridge to Retirement

Very helpful. Is it possible to roll over the entire basis to Roth even if it exceeds 5.5k? Also, can he roll over the basis AND do a back-door in the same year from the same account if the total amount exceeds 5.5k? One last thing... when pulling contributions from a Roth IRA before retirement, is...
by DSInvestor
Tue Jul 12, 2016 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Building a (taxable) Bridge to Retirement
Replies: 39
Views: 3246

Re: Building a (taxable) Bridge to Retirement

If he gets no tax deduction for contributing to the IRA he'd be getting taxed twice wouldn't he? No tax deduction and he'd have to pay taxes on principle (again) plus gains in retirement? As long as the investor tracks the non-deductible contributions (IRA basis) using form 8606, he will avoid payi...
by DSInvestor
Mon Jul 11, 2016 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Balanced Index & Total Market Stocks & Bonds
Replies: 7
Views: 532

Re: Balanced Index & Total Market Stocks & Bonds

selters wrote:Why does the 27.9 billion dollar Vanguard Balanced Index Fund need to sample its benchmark indexes?


I wonder if it has something to do with rebalancing. Perhaps less trading is required to maintain AA when sampling the Total Stock index vs replicating it.
by DSInvestor
Mon Jul 11, 2016 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Too Much International in SEP How to fix?
Replies: 1
Views: 129

Re: Too Much International in SEP How to fix?

Go back and take a good look at how you came to your desired asset allocation. You have a reasonable 50/50 stock bond mix which is the most important asset allocation ratio. US/INTL is secondary to stock/bond. I suggest sticking with your original plan and stop watching financial news or cable news....
by DSInvestor
Mon Jul 11, 2016 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Balanced Index & Total Market Stocks & Bonds
Replies: 7
Views: 532

Re: Balanced Index & Total Market Stocks & Bonds

1. The Balanced Index fund samples its target indexes: Investment strategy The fund employs a “passive management”—or indexing—investment approach designed to track the performance of two benchmark indexes. The fund invests by sampling its target indexes, meaning that it holds a range of securities ...
by DSInvestor
Mon Jul 11, 2016 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401(k) to circumvent employer plan
Replies: 1
Views: 191

Re: Solo 401(k) to circumvent employer plan

If she's a partner in a business that has employees, there may be controlled group issues that makes her ineligible for Solo 401k on the side income. If we assume she's eligible for Solo 401k, she needs to be aware that the 18K employee salary deferral limit is shared across all 401k plans. She must...
by DSInvestor
Mon Jul 11, 2016 3:09 pm
Forum: Personal Consumer Issues
Topic: August vacation to Glacier NP
Replies: 21
Views: 2092

Re: August vacation to Glacier NP

The cited Iceberg Lake trail is benign as they come other than its length (assuming one doesn't get there via the "secret" Shangri La trail), hence its almost off-putting popularity. Shrug. I'm not going to get into a debate about what trails are easy or difficult, but I wouldn't recommen...
by DSInvestor
Mon Jul 11, 2016 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity: ***Do I stay or do I go???
Replies: 3
Views: 492

Re: Annuity: ***Do I stay or do I go???

Are these variable annuities? If so, what are the fees for having the annuity contract and also the expense ratios for each fund in the annuity. If you're paying 2+% in fees, it may be cheaper to pay the surrender fee now and transfer the assets to a low cost IRA like Vanguard. They get the fee eith...

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