Search found 4218 matches

by House Blend
Fri Oct 20, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Questions
Replies: 11
Views: 575

Re: TIAA Questions

Your "TIAA Access Equity Index Fund T1" is not a mutual fund, it's a variable annuity. So, similar to CREF Equity Index except with a lower ER. No, it has no ticker. If you like total markets better, use that instead of the 500 index variable annuity. The Russell 3000 is a perfectly reasonable total...
by House Blend
Wed Oct 18, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA Annuity SRA vs. Total Bond Market - Help!
Replies: 3
Views: 319

Re: TIAA Annuity SRA vs. Total Bond Market - Help!

BigoteGato, Echoing ofckrupke, one thing you definitely do not want to do is to transfer money from the Vanguard IRA to a TIAA IRA. This is the path of least resistance, but the flavor of Traditional offered in a TIAA IRA is currently paying only 2.1% on new contributions. The only way you can get t...
by House Blend
Mon Oct 16, 2017 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Sell fund cost basis
Replies: 10
Views: 721

Re: Sell fund cost basis

To answer the question, if you sell all shares, then the basis is the same for Average Basis and Specific ID as long as one never sold shares previously as Average Cost. However the tax consequences are not the same. If you sell all shares, with 90% of the shares being long term and 10% short term,...
by House Blend
Mon Oct 16, 2017 1:13 pm
Forum: Investing - Theory, News & General
Topic: Encryption flawed in some Yubikey models
Replies: 3
Views: 427

Re: Encryption flawed in some Yubikey models

The more general story here is that a closed source library for RSA key generation (and in particular, for generating large primes) has been found to be flawed. Apparently this library is most commonly used on low power devices such as smart cards. More here: https://arstechnica.com/information-tech...
by House Blend
Mon Oct 16, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Roth Convert: To the max of your likely future bracket or the one just below?
Replies: 5
Views: 731

Re: Roth Convert: To the max of your likely future bracket or the one just below?

If you are a typical oversaving Boglehead and expect to leave behind a large estate... 1. You should be including your beneficiaries future tax rates in the calculation. 2. Don't Roth convert dollars that would otherwise be directed to charity. In other words, why do that last $100K of Roth conversi...
by House Blend
Mon Oct 16, 2017 10:04 am
Forum: Personal Consumer Issues
Topic: WPA2 protocol used by vast majority of wifi connections has been broken
Replies: 54
Views: 4645

Re: WPA2 protocol used by vast majority of wifi connections has been broken

According to the KRACK site, it is the client devices that are the most vulnerable, not wifi routers: Our main attack is against the 4-way handshake, and does not exploit access points, but instead targets clients. So it might be that your router does not require security updates. We strongly advise...
by House Blend
Mon Oct 16, 2017 9:22 am
Forum: Investing - Theory, News & General
Topic: Rebalancing - Personal Philosophies
Replies: 43
Views: 3574

Re: Rebalancing - Personal Philosophies

I rebalanced all through the 1990’s and during the first decade of the 2000’s. But now my stock allocation is about five percentage points above my target, and I’ve decided not to rebalance. The reason: all of my stocks are in taxable accounts, and rebalancing by selling shares would trigger signif...
by House Blend
Sun Oct 15, 2017 7:59 am
Forum: Investing - Theory, News & General
Topic: When everything goes up, what goes down & vice versa
Replies: 28
Views: 3038

Re: When everything goes up, what goes down & vice versa

Up vs. down in the absolute sense is not what correlation is about. Rather, correlation is measured relative to averages. If the expected returns of A and B are 8% and 4%, then a data point with actual returns of 10% and 2% will make a negative contribution to the sample correlation. Even with a per...
by House Blend
Fri Oct 13, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Itemized Tax Deductions
Replies: 10
Views: 563

Re: Itemized Tax Deductions

Anyone with deductions roughly similar to the standard deduction should be looking at bunching strategies. For example, do all of your charitable donations in odd numbered years. Or mega-bunch your donations by setting up a donor advised fund. See if you can bunch up your property tax payments, etc.
by House Blend
Thu Oct 12, 2017 8:20 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3015
Views: 882844

Re: What Movie Have You Recently Watched?

Saw this recently on Netflix: In order of disappearance . (Original title: Kraftidioten ). An aging snowplow driver seeking revenge for the death of his drug addicted son ends up triggering a war between competing drug gangs. It feels like the makers of this Norwegian movie were aiming for a sort of...
by House Blend
Wed Oct 11, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Tax issue: Made a mistake on Inherited IRA RMDs for five years
Replies: 36
Views: 2562

Re: Tax issue: Made a mistake on Inherited IRA RMDs for five years

I would go ahead and file Forms 5329 for the years in question. You can do this stand-alone, without a 1040-X. I think only 3-4 lines on that form are relevant, so it is unlikely to take much time. There's an option to beg for mercy and not be penalized. If you go that route, I think you should take...
by House Blend
Mon Oct 09, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: PostDoc Grant - No W/H, Didn't Pay Estimated Taxes
Replies: 20
Views: 1747

Re: PostDoc Grant - No W/H, Didn't Pay Estimated Taxes

If that $9600, plus what was withheld by her employer prior to changing to the grant, plus what my tax withholding for the year is already shaping up to be, don't come out to 110% of last years taxes I may go up even more. (or 100%? What's the rule for 2017 for >150K household?) That's not the only...
by House Blend
Mon Oct 02, 2017 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Annuity Maturing for 90 year old mother
Replies: 15
Views: 1520

Re: Annuity Maturing for 90 year old mother

It is not in a IRA, but is in a 403B TDA. They sent us a notice that offered a Fixed Income Plan or cash value of $195K. Buried in the paperwork was a fine print document that said that "all or a portion of the payment is eligible to be rolled over into an IRA. They did not provide the documents to...
by House Blend
Tue Sep 26, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Withdraw Roth principal and later redeposit as tIRA?
Replies: 19
Views: 1743

Re: Withdraw Roth principal and later redeposit as tIRA?

With Option A though and to use your example, the remaining $2,750 (+ gains) left in the Roth after half is recharacterized to the tIRA ... I can withdraw that $2,750 principal, correct? And leave in the gains? I don't see why not considering in this scenario I didn't "undo" anything and simply jus...
by House Blend
Tue Sep 26, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Withdraw Roth principal and later redeposit as tIRA?
Replies: 19
Views: 1743

Re: Withdraw Roth principal and later redeposit as tIRA?

A -- wait until 2018 when I know the deductible tIRA amount, then recharacterize that amount to the tIRA and withdraw the remaining Roth contribution balance leaving in the Roth earnings to avoid tax/penalty Or B -- withdraw the $5.5K now, leave the earnings in , and then only redeposit the deducti...
by House Blend
Mon Sep 25, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: Which Taxable Lots to Sell during Retirememt?
Replies: 10
Views: 1725

Re: Which Taxable Lots to Sell during Retirememt?

You capture part of my dilemma: harvest gains or Roth Conversion (although you may see in my response to livesoft that this year I am thinking that it is best for me to minimize tax from taxable account sales to reduce my housing debt and thus reduce 'excessive' risk. Imagine a taxable portfolio co...
by House Blend
Thu Sep 21, 2017 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Roth recharacterization then backdoor
Replies: 5
Views: 396

Re: IRA Roth recharacterization then backdoor

This is where I get a little confused. Can i convert both my 2016 and 2017 contributions via a backdoor Roth and include them both in my 8606 2017 return. There are no tax implications for doing that? Sorry, I don't understand what you are confused about. As far as the IRS is concerned, there is no...
by House Blend
Wed Sep 20, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Roth recharacterization then backdoor
Replies: 5
Views: 396

Re: IRA Roth recharacterization then backdoor

Can I now do a back-door Roth on the 2016 contribution, and on an additional contribution for 2017? Is there a way to report both of these on my 2017 return later? Yes, you can do this. You may not want to if you have any traditional IRA accounts that contain substantial pre-tax money. If 80% of al...
by House Blend
Wed Sep 20, 2017 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: "Filed pursuant to section 301.9100-2" on original return
Replies: 1
Views: 317

Re: "Filed pursuant to section 301.9100-2" on original return

If one files and receives an extension by April 15, and, after April 15 but before October 15, performs a recharacterization and files their original return reflecting the recharacterization, is the "Filed pursuant to section 301.9100-2" comment necessary? My amateur opinion is that you wouldn't ad...
by House Blend
Mon Sep 18, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Is this TIAA TRAD 3% or 2.5%?
Replies: 17
Views: 1152

Re: Is this TIAA TRAD 3% or 2.5%?

FYI, the 2.5% minimum applies to lifetime income options, not just transfer payout annuities. (Some contracts, such as RC and RC plus have lower minimums.) Many TIAA participants seem to be confused about what this means. It is analogous to the interest rate on a mortgage, in reverse. Indeed, when y...
by House Blend
Tue Sep 12, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Taxes on IRA Withdrawals and Roth Conversions
Replies: 2
Views: 582

Re: Estimated Taxes on IRA Withdrawals and Roth Conversions

If I do a Roth Conversion on December 1st, can I pay the 25% estimated tax for all the conversion at January 15th without incurring federal tax payment penalties? I also try to estimate and do the same for state taxes. Is my estimated tax payment strategy sound? My understanding is that tax is due ...
by House Blend
Sun Sep 10, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3015
Views: 882844

Re: What Movie Have You Recently Watched?

Toni Erdmann (Germany 2016) A practical joking father invades his corporate daughter's life. Very funny. The New York Times review said the director was inspired by the Andy Kaufman / Tony Clifton combination. I recommend it. I found it close to unbearable, and gave up after about 90 minutes. I cou...
by House Blend
Tue Sep 05, 2017 8:36 am
Forum: Investing - Theory, News & General
Topic: Do retiree BHs actually run down their portfolios?
Replies: 73
Views: 8223

Re: Do retiree BHs actually run down their portfolios?

If you plan for the worst case (or even the 25th percentile), on average you should expect to have a lot of money left over.

Whether that is tragic or not is in the eye of the beholder.
by House Blend
Mon Sep 04, 2017 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help with TIAA-CREF
Replies: 15
Views: 1681

Re: Help with TIAA-CREF

Regarding your questions... 2. Although many TIAA plans offer mutual funds from TIAA and other providers, the CREF accounts and TIAA Traditional and TIAA Real Estate are NOT mutual funds. However, the CREF accounts do behave like mutual funds, with minimal restrictions on trades, transfers, rollover...
by House Blend
Mon Sep 04, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Jason Zweig's tax bomb example
Replies: 28
Views: 3692

Re: Jason Zweig's tax bomb example

^A cap gain distribution always lowers the share price, regardless of what types of assets the fund invests in. For dividend distributions, AFAIK all bond ETFs behave like stock ETFs--the price also drops. But the distributions tend to be more frequent (monthly is common), so the tax consequences ar...
by House Blend
Mon Sep 04, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Jason Zweig's tax bomb example
Replies: 28
Views: 3692

Re: Jason Zweig's tax bomb example

For 2) if OP has no other CGs (unlikely if owns 1 actively managed fund, likely owns more), then capital loss (<3K) will be used against other income so indirectly against the ST Cap gain? Yes, it could work out favorably that way. Not as favorably if the loss harvested is smaller than the total di...
by House Blend
Mon Sep 04, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Jason Zweig's tax bomb example
Replies: 28
Views: 3692

Re: Jason Zweig's tax bomb example

For 2) if OP has no other CGs (unlikely if owns 1 actively managed fund, likely owns more), then capital loss (<3K) will be used against other income so indirectly against the ST Cap gain? Yes, it could work out favorably that way. Not as favorably if the loss harvested is smaller than the total di...
by House Blend
Mon Sep 04, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Jason Zweig's tax bomb example
Replies: 28
Views: 3692

Re: Jason Zweig's tax bomb example

But isn't it true that the mistake can be corrected? Now that the share price is lowered accordingly, one can sell the shares to claim the capital loss against the capital gain. good idea. It may be a good idea, having learned the lesson not to buy actively managed, high turnover funds in taxable, ...
by House Blend
Wed Aug 30, 2017 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund - buying the interest?
Replies: 7
Views: 817

Re: Bond Fund - buying the interest?

In a retirement account? A non-issue. For a muni bond fund? A non-issue. For a taxable bond fund in a taxable account? Depends on the fund, but unless it is December and you are expecting a large capital gain distribution, it is still most likely a non-issue. Most bond mutual funds do not bake accru...
by House Blend
Mon Aug 28, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Do people in the 15% tax bracket tax loss harvest?
Replies: 24
Views: 2204

Re: Do people in the 15% tax bracket tax loss harvest?

I personally would tax gain harvest in that bracket. I'd be thinking along the same lines. Don't get why most folks here have talked about TLH instead of TGH. https://www.bogleheads.org/wiki/Tax_gain_harvesting If you windup in same tax bracket in retirement, you've benefited from tax deferment. A ...
by House Blend
Mon Aug 28, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: approaching 70, and a totally new situation.
Replies: 31
Views: 4241

Re: approaching 70, and a totally new situation.

Also, advice on most tax efficient way to manage my new situation. I can change funds easily as I have almost no capital gains to avoid if I sell my taxable holdings. 1. Perhaps the gain harvesting horse has been beaten to death, but in case it hasn't, Roth converting up to the top of the 15% brack...
by House Blend
Sun Aug 27, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Cost basis question
Replies: 4
Views: 530

Re: Cost basis question

Once you use one of the two methods when selling a fund, than IRS requires you continue to use that method. So it depends on history. No. You can use SpecID or FIFO and then switch to Average Basis. If you sell covered shares using average basis, the remaining covered shares (if any) must continue ...
by House Blend
Fri Aug 25, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: 401K roller to IRA. Need to consider Roth?
Replies: 11
Views: 1050

Re: 401K roller to IRA. Need to consider Roth?

Given that you are forced to roll the accounts to some flavor of IRA, trad IRA is the safe default. It doesn't stop you from doing Roth conversions. It does prevent a backdoor Roth, but perhaps you should not care. It's true that doing a rollover of $530K directly from 401(k)s to his and hers Roth I...
by House Blend
Thu Aug 24, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: State taxes on Vanguard's Tax-Exempt Bond Index Fund
Replies: 8
Views: 692

Re: State taxes on Vanguard's Tax-Exempt Bond Index Fund

The fund in question (VTEBX) was offered in 2015 and is basically an index fund of nation-wide municipal bonds. I noticed that a good chunk of the first several pages of the holdings are California munis. If an investor holding it is a California tax resident, how do taxes on the interest work out?...
by House Blend
Thu Aug 24, 2017 10:59 am
Forum: Investing - Theory, News & General
Topic: Target Date Funds, Rebalancing, and Bear Markets
Replies: 5
Views: 1244

Re: Target Date Funds, Rebalancing, and Bear Markets

They will have to rebalance at some point. I think precisely when depends on the fund's management. In this "Interview with Vanguard’s John Ameriks about Target Retirement Funds" , they say that Vanguard rebalances with cash flows, but don't want to get into details of when they would take further ...
by House Blend
Wed Aug 23, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: How to Calculate Employer's Match Towards Total Goal
Replies: 20
Views: 1170

Re: How to Calculate Employer's Match Towards Total Goal

My husband and I work for the same company and our employer currently matches up to 3% of our income in a simple IRA. We both contribute the full 3%. If my goal is to invest 15% of our income, would it be right to say that we are already investing 6%, since our employer is matching our 3%? Of cours...
by House Blend
Wed Aug 23, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: What do you do with RMD money you don't need?
Replies: 51
Views: 4245

Re: What do you do with RMD money you don't need?

Taking a RMD doesn't mean you have to spend the money. To take a RMD from Vanguard VTSAX or VBTLX in a traditional IRA, you merely transfer it to the same fund in a taxable account. Viola! Problem solved. Well, sort of, aside from the 28% + 5% income taxes that need to be paid in my case. And since...
by House Blend
Wed Aug 23, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: What do you do with RMD money you don't need?
Replies: 51
Views: 4245

Re: What do you do with RMD money you don't need?

So it is very crucial to reduce your future RMD by eliminate pre-tax portion before 70 1/2. No. If all you have is SS income and Roth withdrawals, then you will pay no Federal income tax. That may sound like a great deal, but it isn't. It means that some of your Roth conversions that involved payin...
by House Blend
Wed Aug 23, 2017 10:34 am
Forum: Investing - Help with Personal Investments
Topic: What do you do with RMD money you don't need?
Replies: 51
Views: 4245

Re: What do you do with RMD money you don't need?

One thing to do with an RMD you don't need is to convert your part of your traditional IRA to a Roth IRA, using the RMD to pay the taxes. This will decrease your unneeded RMDs in future years... I'm not sure if this is a good idea for many people. I start RMDs and full SS in 2020 and will have my h...
by House Blend
Tue Aug 22, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Coversion before 70 1/2
Replies: 3
Views: 837

Re: Roth Coversion before 70 1/2

Can anyone live on Roth (suppose above age 59 and meet 5 year rule) while convert pre-tax IRA into Roth...... It generally doesn't make sense to withdraw from Roth and convert from tax-deferred to Roth in the same year. (Except perhaps due to an unexpected change of circumstance). You Roth convert ...
by House Blend
Tue Aug 22, 2017 8:41 pm
Forum: Personal Consumer Issues
Topic: "Forget Tough Passwords: New Guidelines Make It Simple"
Replies: 43
Views: 5516

Re: "Forget Tough Passwords: New Guidelines Make It Simple"

Anytime a website allows you to recover your password by sending it to you in an email you know they are not doing this but rather storing the actual password. Well that's seldom what happens anymore. You send in an email to reset your password in some manner. You old password no longer matters. Ge...
by House Blend
Mon Aug 21, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: How do cap. gains affect Roth conversions?
Replies: 3
Views: 345

Re: How do cap. gains affect Roth conversions?

But, I don't think they are figured into the tax bracket limit calculations I'll try to illustrate the issues with an example: You have no SS income. You have $20K in LTCG/QDI. Without that, and with no Roth conversions, your Taxable Income (line 43 of Form 1040) would be $5K below the top of the 1...
by House Blend
Mon Aug 21, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 14924

Re: How far would you travel to see The Eclipse?

I perused Google Maps looking for signs of the traffic apoceclipse. Not much currently--mostly green in the totality path, with a few ~10 mile stretches of red on interstates here and there. Maybe I would have seen more backroads in red at higher resolution. I will miss out on totality, but have a p...
by House Blend
Mon Aug 21, 2017 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Dollar cost averaging on withdrawals?
Replies: 16
Views: 1368

Re: Dollar cost averaging on withdrawals?

I know the standard advice is to pull the house down payment money out of the market so it's not at risk. As we currently have $350k and will need about $90-140k from it, I'm willing to take a bit of a risk. I'm thinking right now of setting up a reverse dollar-cost averaging arrangement, where we ...
by House Blend
Fri Aug 18, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Contributing to tax deferred + Taxability of SS
Replies: 23
Views: 1662

Re: Contributing to tax deferred + Taxability of SS

As to taxability of social security - I was using this online calculator: https://www.fool.com/retirement/social-security-how-much-benefits-taxed.aspx As stated in an above post, I am estimating I would have first year RMD's of $64,000, in today's dollars, which would put my in the bottom end of th...
by House Blend
Mon Aug 14, 2017 5:22 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 7351

Re: Dave Ramsey spends two segments on his investing advice

From Zacks: Effect of Sales Fees Although the Financial Industry Regulatory Authority limits the size of the sales loads to 8.5 percent, such fees have a negative compounded effect on the investor's return from the point of the initial investment. For example, a 5-percent front-end load for a $10,0...
by House Blend
Mon Aug 14, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 2031

Re: When to pay estimated taxes on mutual fund distributions in December 2018?

It's worth remembering that failing to meet a safe harbor need not be a big deal. For example, let's suppose you're in the OP's shoes. A big, unanticipated $6,500 cap gain distribution occurs in December 2018. As a result, you pay an extra $1000 in estimated tax on 1/15/19 that you had not planned f...
by House Blend
Mon Aug 14, 2017 10:24 am
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 427
Views: 60332

Re: Forum software upgrade bug reports and change requests

To give one current example, take the new icon that links to your Personal Messages. I still have no idea what symbolism the author had in mind, and hovering gave no additional clue as to the function. If you were giving me a Rohrschach test, I'd say it's a head-on view of a car. So, when I post in...
by House Blend
Mon Aug 14, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Vt Tax Dept. Notice of Intent to Assess - Audit
Replies: 6
Views: 863

Re: Vt Tax Dept. Notice of Intent to Assess - Audit

She will research the issue and get back to me by phone today. She sounded sympathetic to my idea that some IRS clerk had entered our business income twice on form 1040. I always wondered whether the IRS reads paper forms with OCR (optical character recognition) or whether a human reads the forms a...
by House Blend
Mon Aug 14, 2017 9:35 am
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 427
Views: 60332

Re: Forum software upgrade bug reports and change requests

I just think symbols instead of words is moving in the wrong direction. People who are not accustomed to this don't know what to do. When you tell people to "edit", you also have to add "use the pencil thing" in case they don't know. Now we have a quote symbol instead of a word, color, url, etc. Ye...