Search found 4270 matches

by HueyLD
Wed Sep 21, 2016 2:41 pm
Forum: Personal Consumer Issues
Topic: Having intermittent problem with Visa chip card
Replies: 20
Views: 1085

Re: Having intermittent problem with Visa chip card

My experience with chip cards has been inconsistent as well. I don't think the technology has been implemented well in the U.S. even though chip cards have been used in other countries for many years. For example, a big company like Costco still requires swiping for all cards with or without chip to...
by HueyLD
Wed Sep 21, 2016 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: VBS Upgrade and Agent Authorization
Replies: 4
Views: 323

Re: VBS Upgrade and Agent Authorization

My VG rep said that there was a recent change in PA law and VG' accounts have been under the new law for a few months. The change requires two witnesses to sign on the agent authorization form and that's why the new agent authorization form is required to be signed, notarized and mailed in. I think ...
by HueyLD
Wed Sep 21, 2016 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: VBS Upgrade and Agent Authorization
Replies: 4
Views: 323

Re: VBS Upgrade and Agent Authorization

Did the account numbers change for those with existing brokerage accounts? If the account number did not change, it might explain why the agent authorization carried over. I remember someone posted in more than one threads indicating that he had to fill out a new agent authorization form after upgra...
by HueyLD
Wed Sep 21, 2016 10:22 am
Forum: Investing - Help with Personal Investments
Topic: ACATS -- how to "backup" cost basis
Replies: 6
Views: 525

Re: ACATS -- how to "backup" cost basis

123 wrote:The best evidence is the trading confirmation that was received for each trade (paper or electronic).

On my Fidelity account I can get the purchase lot history for each security. In the absence of trade confirmations perhaps a screen print of that detail from Fidelity would suffice.

+1.
by HueyLD
Tue Sep 20, 2016 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: "Women and Investing" class offered by Employer
Replies: 82
Views: 5007

Re: "Women and Investing" class offered by Employer

I disagree with the automatic assumption of sexism about such seminars. Yes, most women do indeed have challenges that most men do not face for issues mentioned by some posters above. One can judge by the number of threads asking about the strategies to protect one's wife's who had shown great intel...
by HueyLD
Sat Sep 17, 2016 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: [Vanguard Invite to a] "private event"
Replies: 28
Views: 3504

Re: "private event"

Private and exclusive?

Just show up and enjoy being wined and dined. However, don't commit to anything for at least six months.
by HueyLD
Sat Sep 17, 2016 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: I didn't submit form 5500. Did I need to?
Replies: 2
Views: 323

Re: I didn't submit form 5500. Did I need to?

Fidelity is correct. One of the great things about solo 401(k) plans is that they are very easy to administer. If, at the end of the year, the total assets in your solo 401(k) are worth less than $250,000, you need make no annual tax filings of any kind with the IRS. However, an annual tax filing is...
by HueyLD
Sat Sep 17, 2016 11:11 am
Forum: Personal Finance (Not Investing)
Topic: HSABank: How to withdraw money and reflect it in taxes?
Replies: 49
Views: 2456

Re: HSABank: How to withdraw money and reflect it in taxes?

FEHB insurances are not medigap or supplemental insurances and thus qualify for HSA reimbursement for those 65 or better. Insurance premiums. You cannot treat insurance premiums as qualified medical expenses unless the premiums are for: Long-term care insurance. Health care continuation coverage (su...
by HueyLD
Sat Sep 17, 2016 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Anyone Have Experience w/ PenFed ACH?
Replies: 4
Views: 268

Re: Anyone Have Experience w/ PenFed ACH?

If possible, ask the new bank to initiate an ACH transfer so that you don't lose a day of interest.

Hopefully your new bank will cooperate.
by HueyLD
Sat Sep 17, 2016 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Anyone Have Experience w/ PenFed ACH?
Replies: 4
Views: 268

Re: Anyone Have Experience w/ PenFed ACH?

The bigger problem is that the daily maximum outbound transfer is only $5k.

So, it may be easier and faster to ask the new bank to pull the money.
by HueyLD
Sat Sep 17, 2016 6:36 am
Forum: Personal Finance (Not Investing)
Topic: HSABank: How to withdraw money and reflect it in taxes?
Replies: 49
Views: 2456

Re: HSABank: How to withdraw money and reflect it in taxes?

My main reason is that I am converting traditional retirement accounts into Roth. Right now I am paying for conversions out of my taxable accounts, but eventually I will run out of taxable funds and start reducing my retirement funds. Roth is more flexible than HSA and it makes sense for me to use ...
by HueyLD
Thu Sep 15, 2016 1:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Unusual? Trade Warning
Replies: 7
Views: 1282

Re: Vanguard Unusual? Trade Warning

I recently attempted to place a buy order on the Vanguard Brokerage Platform and got a trade warning that I don't recall ever seeing before. In general, you must have sufficient funds in your account at the time you place a trade. If you fail to pay for your trade on the settlement date, your posit...
by HueyLD
Mon Sep 12, 2016 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Direct Rollover Check
Replies: 11
Views: 489

Re: 401k Direct Rollover Check

I share your concern because the payee's name is incorrect.

I think you should send the check to Vanguard and hope that they accept the check.

If the check is rejected, then call the old custodian and insist on the re-issuance of the check.


Good luck.
by HueyLD
Mon Sep 12, 2016 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Direct Rollover Check
Replies: 11
Views: 489

Re: 401k Direct Rollover Check

Does the check say "Vanguard Fidelity Trust Company" or "Vanguard Fiduciary Trust Company?"
by HueyLD
Mon Sep 12, 2016 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Total International Index Fund Composition
Replies: 6
Views: 470

Re: Fidelity Total International Index Fund Composition

Fidelity has a Fidelity Cash Central Fund that provides a centralized source for cash management for various funds. My guess is that money in this fund is invested in some kind of short term U.S. Investments.
by HueyLD
Mon Sep 12, 2016 1:02 pm
Forum: Investing - Theory, News & General
Topic: Presidential Election Insurance, Use T-Bills?
Replies: 65
Views: 3645

Re: Presidential Election Insurance, Use T-Bills?

Any thoughts? (Other than I am paranoid.)

Yes you are. Tune out the noise and stay the course, Doc.
by HueyLD
Mon Sep 12, 2016 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Changing Mortgage Servicer
Replies: 13
Views: 811

Re: Changing Mortgage Servicer

You should escalate and do everything possible before filing a complaint with the government.

Here is an explanation of the CFPB. http://www.consumerfinance.gov/
by HueyLD
Mon Sep 12, 2016 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Changing Mortgage Servicer
Replies: 13
Views: 811

Re: Changing Mortgage Servicer

Can you show the new servicer your payment history? I think your documented payment record should resolve the issue. Escalate to a supervisor, manager, etc. if necessary.
by HueyLD
Mon Sep 12, 2016 11:17 am
Forum: Investing - Theory, News & General
Topic: I Bond Question...
Replies: 1
Views: 525

Re: I Bond Question...

According to the TD, an organization cannot be a co-owner or a beneficiary.
by HueyLD
Mon Sep 12, 2016 8:57 am
Forum: Personal Consumer Issues
Topic: Christmas gift expectations
Replies: 61
Views: 4088

Re: Christmas gift expectations

Suggestion for your next trip back:

Avoid Christmas!!
by HueyLD
Fri Sep 09, 2016 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Does PAS work with Slice & Dicers? [Vanguard personal advisor service]
Replies: 18
Views: 1158

Re: Does PAS work with Slice & Dicers?

Ask your relative to read this PAS brochure ( https://personal.vanguard.com/pdf/vpabroc.pdf ) before he calls.
by HueyLD
Fri Sep 09, 2016 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Does PAS work with Slice & Dicers? [Vanguard personal advisor service]
Replies: 18
Views: 1158

Re: Does PAS work with Slice & Dicers?

Give Vanguard Advisors, Inc. a call at 1-800-416-8420. They can give you a definitive answer.
by HueyLD
Thu Sep 08, 2016 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Should my living trust "own" my safe deposit box?
Replies: 22
Views: 1645

Re: Should my living trust "own" my safe deposit box?

Yes, I have.

However, state law may vary. In addition, certain banks have more internal rules than others. The only way to be certain is to ask your bank.

A friend of mine who lives in another state had a very different experience from mine.
by HueyLD
Thu Sep 08, 2016 12:47 pm
Forum: Investing - Theory, News & General
Topic: Wall Street's Latest Retail Fleecing Product Exposed – Structured CDs
Replies: 20
Views: 2075

Re: Wall Street's Latest Retail Fleecing Product Exposed – Structured CDs

Structured CDs have been around for at least 20 years and the marketing effort intensifies during any period of prolonged low yields. The real problem is that they push such products to older people who may have trouble understanding what they are sold. I think all you have to do is to walk into a b...
by HueyLD
Thu Sep 08, 2016 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Should my living trust "own" my safe deposit box?
Replies: 22
Views: 1645

Re: Should my living trust own my safe deposit box?

You can make the trustee and successor trustee authorized persons to access your SDB. Just make sure that they have no such authority until after your demise.
by HueyLD
Thu Sep 08, 2016 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Moving coverage from State Farm to GEICO
Replies: 16
Views: 1400

Re: Moving coverage from State Farm to GEICO

sixty40 wrote:I have auto and umbrella coverage. Umbrella is higher than other places, do not know why.

Geico's umbrella policy covers court costs and legal fees without netting the costs/fees against the coverage limit.
by HueyLD
Tue Sep 06, 2016 10:59 am
Forum: Personal Consumer Issues
Topic: genealogy - starting
Replies: 19
Views: 1366

Re: genealogy - starting

It's a pretty good bet that if you find a tree that doesn't have any sources, the tree is likely junk. I have seen trees on Ancestry.com that have many sources attached and have errors, as well as trees that have no sources attached and are correct. The reason for the apparent discrepancy is the An...
by HueyLD
Mon Sep 05, 2016 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP W2 reporting
Replies: 9
Views: 506

Re: ESPP W2 reporting

Did not see the word "qualified." Oh well.
by HueyLD
Mon Sep 05, 2016 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Rental house burned. [tax treatment on insurance proceeds]
Replies: 3
Views: 966

Re: Rental house burned. [tax treatment on insurance proceeds]

Suggestion #1: Get professional help from an accountant.

Suggestion #2: Read IRS publication 547 for DIY. https://www.irs.gov/publications/p547/a ... 1000225344
by HueyLD
Mon Sep 05, 2016 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP W2 reporting
Replies: 9
Views: 506

Re: ESPP W2 reporting

My understanding is that qualified ESPP sales are taxed in two components (assuming the stock appreciated) 1) The employer discount is reported as ordinary wages on your w-2 form 2) Any gains beyond the initial discount are taxable as LTCG (assuming held a year). My employer does not report #1 on o...
by HueyLD
Mon Sep 05, 2016 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can I deduct sales tax for my wife and I?
Replies: 11
Views: 1413

Re: Can I deduct sales tax for my wife and I?

O.k., you do have a good case. Solution? Ask your CPA to fix the double dipping before you file. If the return has already been filed, ask the CPA to assess the need for an amendment. You may not need an amendment if there is no change to your tax liability. FWIW, I caught a double dipping of sales ...
by HueyLD
Mon Sep 05, 2016 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS
Replies: 21
Views: 1363

Re: Vanguard PAS

SpringMan,

If I have XYZ wealth management as my asset manager and they invest my money in Vanguard (or whichever) funds, I expect my XYZ advisor to answer all my questions about funds in my managed portfolio. I don't expect to have to call the fund company myself because that's what I pay XYZ for.
by HueyLD
Mon Sep 05, 2016 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: SS and Muni-bonds
Replies: 22
Views: 1416

Re: SS and Muni-bonds

You may want to review the following IRS worksheet in order to have a better understanding of the effect of munis on the taxability of social security benefits.

https://www.irs.gov/pub/irs-prior/i1040 ... df#page=30
by HueyLD
Mon Sep 05, 2016 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS
Replies: 21
Views: 1363

Re: Vanguard PAS

If your assets are managed by the PAS, why are you still a Voyager Select customer? Vanguard defines Voyager, Voyager Select, Flagship, Flagship Select etc. based on the value of Vanguard products held at Vanguard. Why would it matter if you do it yourself or have Vanguard PAS do it? With PAS, you ...
by HueyLD
Mon Sep 05, 2016 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS
Replies: 21
Views: 1363

Re: Vanguard PAS

If your assets are managed by the PAS, why are you still a Voyager Select customer?
by HueyLD
Mon Sep 05, 2016 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Living trust as TOD beneficiary
Replies: 2
Views: 302

Re: Living trust as TOD beneficiary

Some kinds of property are cumbersome to keep in a living trust. It's not a legal problem, just a practical one. Cars or other vehicles you use regularly are a good example. Having registration and insurance in the trustee's name could be confusing, and some lenders and insurance companies are flum...
by HueyLD
Sun Sep 04, 2016 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can I deduct sales tax for my wife and I?
Replies: 11
Views: 1413

Re: Can I deduct sales tax for my wife and I?

My CPA's software is deducting general sales tax twice, once for, and once for my wife. We are married filing jointly. He says it's fine. IRS guidelines don't help. Anyone offer a solution? Thanks! Your post is not clear to me. When you said: "deduct general sales tax twice," how did you ...
by HueyLD
Sun Sep 04, 2016 1:54 pm
Forum: Personal Consumer Issues
Topic: Hearing aid 101
Replies: 52
Views: 3166

Re: Hearing aid 101

Nisi,

Have you tried Costco? I know several people with hearing aids from Costco and they all seem to be happy with their choices. Sorry can't make any specific recommendation.
by HueyLD
Sat Sep 03, 2016 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Got [a bad deal] on muni bonds
Replies: 66
Views: 5340

Re: Got [a bad deal] on muni bonds

The above quote for premium amortization applies only to taxable bonds. For tax rules, it is best to go to a good source like the IRS. If the bond yields tax-exempt interest, you must amortize the premium. This amortized amount is not deductible in determining taxable income. However, each year you ...
by HueyLD
Sat Sep 03, 2016 6:10 am
Forum: Investing - Help with Personal Investments
Topic: ACA and some Final Maturity EE savings bonds
Replies: 24
Views: 1866

Re: ACA and some Final Maturity EE savings bonds

donall wrote:I thought with inherited bonds the value Is amount at death. How does this war with EE bonds?

The principal value is marked to market at death, but the untaxed interest is "income in respect to a decedent" and is taxable to the beneficiary.
by HueyLD
Fri Sep 02, 2016 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS
Replies: 21
Views: 1363

Re: Vanguard PAS

JoinToday wrote:Investing is not that hard, and is downright easy once everything is set up.... as long as you stay the course. I agree 100% with plannerman.

+100.
by HueyLD
Fri Sep 02, 2016 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Want to gift daughter stock
Replies: 11
Views: 599

Re: Want to gift daughter stock

What is the issue for people unable to get a face-to-face medallion bank guarantee? It is for your protection, the broker's protection, and the nation's protection. :?: :mrgreen: :confused The liability insurance cost is too much for a lot of financial institutions. Many still do such guarantees, b...
by HueyLD
Fri Sep 02, 2016 6:28 am
Forum: Investing - Help with Personal Investments
Topic: Got [a bad deal] on muni bonds
Replies: 66
Views: 5340

Re: Got screwed on muni bonds

Commission of $2,100 over how much principal? Is it 1% or 10%?
by HueyLD
Fri Sep 02, 2016 6:24 am
Forum: Personal Finance (Not Investing)
Topic: treasurydirect conversion account transfer question
Replies: 14
Views: 763

Re: treasurydirect conversion account transfer question

Tibbitts, All your instructions are correct and you should follow the instructions to transfer them from your converted accounts to your regular account. There will be no sale (i.e. No 1099 involved) and you retain the secondary and/or beneficiary specified in the regular account. I don't know what ...
by HueyLD
Wed Aug 31, 2016 8:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Dividend Announcements
Replies: 27
Views: 3213

Re: Vanguard Dividend Announcements

If you are a shareholder you can get the number from Vanguard easily. Login to your account, go to the "Balances & Holdings" page, and then click on the tab for "Balances by Date". You will see a column for accrued dividends in each fund you hold that accrues daily. And if y...

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