Search found 4906 matches

by Duckie
Sat Aug 19, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - Need Help!
Replies: 3
Views: 385

Re: Portfolio Review Request - Need Help!

Tax Rate: 25% Federal (about $160k in taxable wages combined) <snip> New annual Contributions $18,000 to his 401k + $9,000 employer match = $27,000 total for 2017 $1,800 to her Trad IRA for 2017 Does she not have an employer plan? At that amount of income you should be contributing the max to your ...
by Duckie
Sat Aug 19, 2017 4:21 pm
Forum: Personal Consumer Issues
Topic: sheets for older, thinner mattresses?
Replies: 9
Views: 532

Re: sheets for older, thinner mattresses?

BogleFanGal wrote:Anyone experience this and solve the problem?
Instead of buying the set (top, bottom, two cases), buy two tops as separates. It'll cost more but you can just tuck in the sheet.
by Duckie
Fri Aug 18, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 8
Views: 785

Re: Portfolio Review

401K (self only, held at Merrill Lynch): With your updated information the best options are: VANGUARD INSTITUTIONAL VINIX 0.04% -- Large caps, 80% of US stocks VANGUARD MID CAP VMCIX 0.07% -- Mid caps, 6% of US stocks VANGUARD SMALL CAP VSCIX 0.07% -- Small caps, 14% of US stocks VANGUARD TOTAL INT...
by Duckie
Thu Aug 17, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Grade My Work in Progress
Replies: 8
Views: 911

Re: Grade My Work in Progress

SimplepathtoBogle wrote:I do have employees and I have to match the same percentage of my contribution.
Unfortunately, you can't use a solo 401k when you have employees.
by Duckie
Wed Aug 16, 2017 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie to investing
Replies: 2
Views: 180

Re: Newbie to investing

MagaicalFro , welcome to the forum. Is 20% going to my Roth 401(k)? Should it be more? It's fine. If you can afford to contribute more then that's fine, too. Do you recommend staying with Troweprice for the company match of 3%? Always take the company math. It's free money. I currently have $1,650 ...
by Duckie
Wed Aug 16, 2017 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Grade My Work in Progress
Replies: 8
Views: 911

Re: Grade My Work in Progress

SimplepathtoBogle , you are self-employed with a SEP IRA. Do you have employees? Because if you don't you could open a solo 401k and roll the SEP IRA assets into it. That would mean you could use the Backdoor Roth IRA method. Right now your wife can do it but you can't because of the pro-rata rule .
by Duckie
Wed Aug 16, 2017 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request
Replies: 11
Views: 872

Re: Portfolio Review Request

218017765 , welcome to the forum. Age: 34 (both of us) Desired Asset allocation: 80% stocks /20% bonds (open to suggestion) 20-25% bonds is reasonable for your ages. Desired International allocation: 50% of stocks (open to suggestion) 50% of stocks in international is high. Vanguard has found betwe...
by Duckie
Wed Aug 16, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 8
Views: 785

Re: Portfolio Review

IRAs are split approximately 50/50 between wife and myself. IRAs are held at Wells Fargo. We contribute as much as possible, but do not always reach the $11K max for the both of us. Approximately $10000 of the TIRA is rolled over from a previous 401K. Balances are rounded to nearest thousand: Roth ...
by Duckie
Tue Aug 15, 2017 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: Taking over from financial advisor - help getting off the ground
Replies: 13
Views: 1275

Re: Taking over from financial advisor - help getting off the ground

I plan to transfer her IRA to her current 403b to allow us to start making backdoor roth contributions for her. Her 403b fund options don't seem great (see below). Wondering if it would make more sense to transfer her IRA to a vanguard account? If she wants to use the backdoor method she needs to r...
by Duckie
Tue Aug 15, 2017 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 8
Views: 785

Re: Portfolio Review

hercules062 , welcome to the forum. Taxable account (joint): $45,000 Is this for retirement purposes or something else? What's in it? Where is it held? IRAs are split approximately 50/50 between wife and myself. Balances are rounded to nearest thousand: Roth IRA: $38,000 (contribute annually) Tradi...
by Duckie
Tue Aug 15, 2017 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio for 24 year old
Replies: 17
Views: 1559

Re: Vanguard Portfolio for 24 year old

I will put it all into the 2060 fund as it was suggested already 3 times. If I ideally want to retire a bit sooner, is it wise to pick a 2055 fund? You pick a target-date fund by the stock/bond AA inside, not the year you expect to retire. If you want 90% stocks and 10% of bonds then 2060 is fine. ...
by Duckie
Mon Aug 14, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio for 24 year old
Replies: 17
Views: 1559

Re: Vanguard Portfolio for 24 year old

legendor , welcome to the forum. My current Vanguard investments look like this: Using both separate funds and balanced funds (funds with both stocks and bonds) is not the best idea. Depending on the expense ratios you would probably be better off with 100% in the Target Retirement 2060 Trust. Do y...
by Duckie
Mon Aug 14, 2017 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Quick question about replicating Total Stock Market and International allocation/location
Replies: 4
Views: 205

Re: Quick question about replicating Total Stock Market and International allocation/location

I am a bit confused about the allocation between those three funds to approximate the Total Market. According to wiki, if use all vanguard funds, the split is 81/4/15 between S&P500/Mid/Small, but for all Fidelity Funds the split is 81/10/9. Since I have to mix and match, would it be safe to stick ...
by Duckie
Sun Aug 13, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Check my understanding of Roth contribution eligibility
Replies: 10
Views: 866

Re: Check my understanding of Roth contribution eligibility

Or are you distinguishing people themselves from their status as an employee? I am distinguishing an employee's personal contribution to the SEP IRA (which is allowed) from an employee's employEE contribution to a SEP IRA (which isn't allowed). Although you can make a personal contribution to a SEP...
by Duckie
Sun Aug 13, 2017 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover Help
Replies: 1
Views: 187

Re: Rollover Help

My husband is rolling an old-employer 403B from TIAA over to his new employer 401K at Fidelity. Are there tax implications we should be aware of? No, not if done properly. He wants to choose new funds at Fidelity than current TIAA funds...we are able to do that without capital gains/tax costs corre...
by Duckie
Sun Aug 13, 2017 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA
Replies: 12
Views: 1234

Re: Backdoor Roth IRA

Rayd8tr wrote:
Sat Aug 12, 2017 11:03 pm
The other offerings available to me are as follows:
What are the plan expense ratios for the options?
by Duckie
Sun Aug 13, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: 401k + ira + roth = confused
Replies: 28
Views: 2122

Re: 401k + ira + roth = confused

The question is where do I roll it each year? I'm thinking he makes his deposit after jan 1 of each year. If her 401k allows incoming rollovers she can roll the pre-tax SEP IRA contribution to her 401k each year, just like she should roll her TIRA over to the 401k. The TIRA rollover is a one-time t...
by Duckie
Sun Aug 13, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Check my understanding of Roth contribution eligibility
Replies: 10
Views: 866

Re: Check my understanding of Roth contribution eligibility

This assumes that "[w]e are self-employed and contribute the maximum to SEPs each year" implies only "employer" contributions are maximized, not "employer + employee" contributions - correct? Correct. There are no employEE contributions allowed to a SEP IRA. Any personal contribution is not an empl...
by Duckie
Sat Aug 12, 2017 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Check my understanding of Roth contribution eligibility
Replies: 10
Views: 866

Re: Check my understanding of Roth contribution eligibility

Why doesn't " any dollars you contribute to the SEP-IRA will reduce the amount you can contribute to other IRAs, including Roth IRAs, for the year " apply here? The SEP IRA is an employer plan with the employer contributing via payroll. The employee makes no contributions/deferrals from payroll. Bu...
by Duckie
Sat Aug 12, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: 401k + ira + roth = confused
Replies: 28
Views: 2122

Re: 401k + ira + roth = confused

plasma800 wrote:To note, her sep is currently empty, as the dollars were rolled into her traditional at the start of the year.
The SEP IRA has to be empty on December 31st of each year for the backdoor method to work right.
by Duckie
Fri Aug 11, 2017 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax: Interpreting 2017 Publication 505
Replies: 10
Views: 594

Re: Estimated Tax: Interpreting 2017 Publication 505

Are Social Security and Medicare taxes part of Form 1040 Line 63, Total Tax? No. Is CA SDI (State Disability Insurance) tax included as part of my CA State Form 540 Line 64, Total Tax? No. You will need to increase your federal and state income tax withholding on a federal W-4 form and a CA state f...
by Duckie
Fri Aug 11, 2017 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: 401k + ira + roth = confused
Replies: 28
Views: 2122

Re: 401k + ira + roth = confused

plasma800 wrote:Further, my wife does not contribute to her part time works SEP, she only receives his flat % he gives to all employees.
Unless her SEP IRA (and any other non-Roth IRA) is empty at the end of the year, every year, the backdoor method will be a problem for her because of the pro-rata rule.
by Duckie
Fri Aug 11, 2017 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA
Replies: 12
Views: 1234

Re: Backdoor Roth IRA

Rayd8tr wrote:Is it worth it to do this rollover in order to do the back door Roth?
Yes, especially if you choose the options with expense ratios closer to 0.17% than 0.86%.
by Duckie
Fri Aug 11, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: sep-ira and roth 401 k
Replies: 2
Views: 242

Re: sep-ira and roth 401 k

sd74 , welcome to the forum. Is it possible to fund my both my SEP-IRA (approximately $50,000) and a ROTH 401K (24,000 since I am over 50) fully? First, you can't fund a SEP IRA and a solo 401k (Roth or pre-tax) for the same business in the same year. If you've already contributed to the SEP IRA fo...
by Duckie
Fri Aug 11, 2017 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup - Major Life Event
Replies: 15
Views: 1852

Re: Portfolio Checkup - Major Life Event

Hello, is there a reason that 401k is better for Bonds VS a Roth? It's not that a 401k is better for bonds than an IRA. It's that in general it's better to put assets with higher expected growth (stocks) in Roth accounts and assets with lower expected growth (bonds) in pre-tax accounts. That's beca...
by Duckie
Fri Aug 11, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio check for an early 40yr old couple
Replies: 5
Views: 1364

Re: Portfolio check for an early 40yr old couple

Before I started learning about investments etc., I had this setup as a play account/emergency fund a very long time ago. However, upon reading what should be really included as emergency funds due to the tax consequences etc., agree that I should have put this somewhere else. Does this mean some o...
by Duckie
Thu Aug 10, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Advice: W2 or 1099 for IRA & 401K reasons, need math help
Replies: 6
Views: 333

Re: Advice: W2 or 1099 for IRA & 401K reasons, need math help

My question is, if we switched to a 1099, and started a sole proprietorship and did a SEP-IRA or a 401K, would that be worth the hassle over a W2 structure? If you have no employer retirement plan available at your job, then going 1099 would greatly increase your tax-sheltered retirement accounts a...
by Duckie
Thu Aug 10, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: How much cash should you have vs how much in investments?
Replies: 4
Views: 820

Re: How much cash should you have vs how much in investments?

How much cash should you have vs how much in investments? I am a 25 y/o with 125k cash and 30k in Roth IRA Vanguard index funds. In your case the $30K Roth IRA is an investment. The $125K cash is savings for upcoming expenses. I have medical school (cheap medical school, 80k total in tuition for al...
by Duckie
Thu Aug 10, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio check for an early 40yr old couple
Replies: 5
Views: 1364

Re: Portfolio check for an early 40yr old couple

tommyone , welcome to the forum. Funds available in his 401K The best options are: Vanguard 500 Index VFIAX 0.05% -- Large caps, 80% of US stocks Vanguard Small Cap Index VSMAX 0.08% -- Small caps, 14% of US stocks Funds available in her 401K/403B The best options are: Vanguard Total Stock Market I...
by Duckie
Mon Aug 07, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Self-Employed retirement options...confused
Replies: 6
Views: 609

Re: Self-Employed retirement options...confused

No, but you're looking at it backward. Your income and the amount you contribute to the employer plan decides how much you can contribute to your personal Roth IRA. Hi can you explain this further? How would it determine my person Roth IRA, I thought as long as you made $5500 you can contribute $55...
by Duckie
Mon Aug 07, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Self-Employed retirement options...confused
Replies: 6
Views: 609

Re: Self-Employed retirement options...confused

Trying to read up it seems like the Individual 401k has the most generous contribution limits while SEP is the least generous with SIMPLE IRA in the middle. I want to try and contribute around $12,000yr which is right in the SIMPLE IRA limit using vanguards calculator. For that amount either a solo...
by Duckie
Mon Aug 07, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Investment help - New user
Replies: 6
Views: 670

Re: Personal Investment help - New user

rmphil17 , welcome to the forum. below is the funds available through ICMARC for 457b and HSA The best options are: VT Vantagepoint Broad Market Index 0.49% -- Complete US stocks VT Vantagepoint Overseas Equity Index 0.59% -- Developed markets, 75% of international stocks VT Vantagepoint Core Bond ...
by Duckie
Sat Aug 05, 2017 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: [How should I start my own HSA?]
Replies: 4
Views: 351

Re: [How should I start my own HSA?]

I have not opened a HSA yet, this is what I'm thinking of doing. I max out Roth, simple ira, good amount in taxable. My work does not have this so I will have to put in after tax. First, your job has to offer a HDHP (High Deductible Health Plan). Second, if they offer the HDHP but don't have an HSA...
by Duckie
Sat Aug 05, 2017 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help Needed Please - 8 Retirement Accounts!
Replies: 9
Views: 1213

Re: Portfolio Help Needed Please - 8 Retirement Accounts!

Would it make sense to split future taxable investments evenly between TSM and TISM? Or 70/30 based on our desired domestic/international equity allocation? Either would work. There's no right or wrong answer here. It's personal preference. Would you think that an allocation of Vanguard 500 and Van...
by Duckie
Fri Aug 04, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help new to investing.
Replies: 19
Views: 1469

Re: Help new to investing.

Please see below the 30 choices from my wife's employer. The lowest expense ratio is FID FREEDOM K INCOME (FFKAX) which has 0.42% Expense Ratio. Any suggestions where to invest besides the FFKHX? The best options are: FID 500 INDEX IPR (FXAIX) 0.015% -- Large caps, 80% of US stocks FID EXT MKT IDX ...
by Duckie
Fri Aug 04, 2017 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing [Roth or Traditional for IRA?]
Replies: 1
Views: 131

Re: New to investing [Roth or Traditional for IRA?]

firosiro , welcome to the forum. Looking to invest in an IRA and trying to decide between a Roth or a Traditional plan. Are you covered by an employer plan like a 401k? If so that could make your TIRA contributions non-deductible, in which case a Roth IRA is better. See here . I know the benefits o...
by Duckie
Wed Aug 02, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Back Door Roth IRA Question
Replies: 6
Views: 569

Re: Back Door Roth IRA Question

The wait is mandated by the IRS. Is there a minimum waiting period to reconvert the money to a Roth IRA following a recharacterization? Yes, if you recharacterize all or part of a rollover or conversion to a Roth IRA, you cannot reconvert the amount recharacterized to the same or another Roth IRA u...
by Duckie
Wed Aug 02, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: TSP vs Vanguard- Newbie Portfolio Advice
Replies: 11
Views: 1177

Re: TSP vs Vanguard- Newbie Portfolio Advice

deathbychocolate , welcome to the forum. Age: 27 Desired Asset allocation: 80% stocks / 20% bonds (not sure) Desired International allocation: 30% of stocks (not sure) That AA is reasonable for your age. It breaks down to 56% US stocks, 24% international stocks, and 20% bonds. New annual Contributi...
by Duckie
Wed Aug 02, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Back Door Roth IRA Question
Replies: 6
Views: 569

Re: Back Door Roth IRA Question

Is the proper process to recharacterize the Roth contributions as non-deductible traditional IRA contributions and then convert the non-deductible IRA into a Roth IRA? Yes. Tell your custodian to recharacterize the 2017 contributions and earnings to a Traditional IRA. (Don't use the words "non-dedu...
by Duckie
Tue Aug 01, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help
Replies: 7
Views: 649

Re: Portfolio Help

Funds available in wife’s 403(b) The best options are: Vanguard 500 Index (VFIAX) (0.05%) -- Large caps, 80% of US stocks Vanguard Mid Cap Index (VIMAX) (0.08%) -- Mid caps, 6% of US stocks Vanguard Small Cap Index (VSMAX) (0.08%) -- Small caps, 14% of US stocks Vanguard Total International Stock I...
by Duckie
Tue Aug 01, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help Needed Please - 8 Retirement Accounts!
Replies: 9
Views: 1213

Re: Portfolio Help Needed Please - 8 Retirement Accounts!

Funds available in Her current employer 401(k) The best options are: Vanguard 500 Index (VFIAX) (.04) -- Large caps, 80% of US stocks Vanguard Mid Cap Index (VIMAX) (.06) -- Mid caps, 6% of US stocks Vanguard Small Cap Index (VSCIX) (.05) -- Small caps, 14% of US stocks Vanguard Developed Markets I...
by Duckie
Tue Aug 01, 2017 5:38 pm
Forum: Personal Consumer Issues
Topic: Florence Hotels.......
Replies: 25
Views: 1413

Re: Florence Hotels.......

We are seriously considering traveling back to Italy next year; with the intent on spending some time in Florence. I have researched a number of other Florence hotels but have not found an alternative. Any suggestions based on your own experience would be greatly appreciated. A few years ago I stay...
by Duckie
Mon Jul 31, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Starting a Roth IRA today
Replies: 7
Views: 762

Re: Starting a Roth IRA today

Regulator23 , welcome to the forum. I just recently created an account with Fidelity and am looking to get a ROTH IRA started. I've got some money saved up and am wondering if I can simply dump the $5,500 directly from my bank account. If you have the $5.5K now, just invest it all now. Also, does i...
by Duckie
Mon Jul 31, 2017 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help and advise
Replies: 5
Views: 423

Re: Portfolio help and advise

What would be a good way to invest say 70/30 with index funds with so many accounts. I may or may not sell the taxable accounts but I need to talk to my account about the capital gains. You currently have: His taxable -- $150K -- 20% Her taxable -- $114K -- 15% His 401k -- $150K -- 20% Her 401k -- ...
by Duckie
Thu Jul 27, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring IRAs from American Funds to Vanguard
Replies: 15
Views: 1031

Re: Transferring IRAs from American Funds to Vanguard

I am now in the process of moving my current rollover IRA, roth IRA, and wife's rollover IRA to Vanguard due to the fees associated with the funds invested at American Funds (bad advice). I have been instructed I can transfer the accounts "in-kind" to Vanguard and then at no cost sell the...
by Duckie
Thu Jul 27, 2017 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Recommendations for 3-Fund at Schwab
Replies: 9
Views: 757

Re: Recommendations for 3-Fund at Schwab

It was pointed out to me that SWISX doesn't include exposure to Canada nor emerging markets. I wonder, as a practical matter, how significant is this difference. Developed markets are about 75% of international stocks. Emerging markets are about 20% and Canada is about 5%. Whether you consider the ...
by Duckie
Thu Jul 27, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: AF Simple IRA to VG Simple IRA monthly "transfer"
Replies: 3
Views: 281

Re: AF Simple IRA to VG Simple IRA monthly "transfer"

molder101 , welcome to the forum. https://www.irs.gov/retirement-plans/plan-participant-employee/rollovers-of-retirement-plan-and-ira-distributions <snip> Am I accurate in my understanding of these things? You are correct and your above link specifically states that "the one-year limit does no...
by Duckie
Thu Jul 27, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k question
Replies: 3
Views: 271

Re: solo 401k question

can I keep the sep-ira (at vanguard) just as a "dormant" account and not making contributions to it but let it grow, or do I need to somehow move those funds into the solo 401k and close the sep? There are drawbacks to a solo 401k at Vanguard. You will be unable to roll the SEP IRA into t...
by Duckie
Wed Jul 26, 2017 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Rebalancing Help
Replies: 2
Views: 349

Re: Portfolio Review - Rebalancing Help

Funds available in his Current-Employer 401(k) The best options are: ⋅ Vanguard Institutional Index (VINIX) (0.04%) -- Large caps, 80% of US stocks ⋅ Vanguard Extended Market Index (VEXAX) (0.10%) -- Mid/small caps, 20% of US stocks ⋅ Vanguard Total International Stock...