Search found 3946 matches

by HueyLD
Thu May 05, 2016 1:07 pm
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 43
Views: 5082

Re: I Bond rates for May 1 announced

To answer your first question, I get lots of negative feedback and horror stories about TD from folks who've tried it and didn't like it. Many folks also worry about how their heirs will be able to deal with TD. Secondly, Treasury sold $17.7 Billion worth of Savings Bonds in 1992. By 2013, the sale...
by HueyLD
Thu May 05, 2016 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: iBond Redemption Question
Replies: 5
Views: 282

Re: iBond Redemption Question

With the early redemption penalty being the last 3 months' interest, I should probably wait until at least 3 months have passed under the new lesser rate, correct? It depends. The 3% CD may not be available later. You just have to decide for yourself if you are willing to forfeit 1.54% for 3% for t...
by HueyLD
Thu May 05, 2016 11:58 am
Forum: Investing - Help with Personal Investments
Topic: iBond Redemption Question
Replies: 5
Views: 282

Re: iBond Redemption Question

All three of your I bonds are still earning 1.54% rate. However, their rate will change to 0.16% 1n their repricing months as follows: 09/2012 issue: September 2016 (has been earning 1.54% since 03/2016) 10/2012 issue: October 2016 (has been earning 1.54% since 04/2016) 07/2013 issue: July 2016 (has...
by HueyLD
Wed May 04, 2016 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard
Replies: 74
Views: 3905

Re: Fidelity or Vanguard

Dear Bogleheads, I have the option to go with either vanguard or fidelity for my IRA and taxable accts. My investment plan is just for a straightforward 3-fund portfolio. I understand Fidelity has the Spartan Funds which have same ER as the Admirals from Vanguard. Doesn anyone have any strong opini...
by HueyLD
Tue May 03, 2016 10:22 am
Forum: Personal Consumer Issues
Topic: Second IRS Final Notice Filing Law Suit Phone Call
Replies: 19
Views: 2022

Re: Second IRS Final Notice Filing Law Suit Phone Call

When and if they call again, just tell them if they don't stop calling, you won't pay your taxes next year either. :)
by HueyLD
Mon May 02, 2016 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Transitioning Family Members from HSA to ACA
Replies: 6
Views: 668

Re: Transitioning Family Members from HSA to ACA

What I'm wondering is: First, is it even an option to insure my wife/daughter under ACA, given that I have a plan at work? I know that ACA is not available to people with coverage at work, but I'm wondering whether the fact that I am able to go on Medicare is an exception to that rule? Not true. An...
by HueyLD
Mon May 02, 2016 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Bond Calculator Issue - Advice?
Replies: 4
Views: 290

Re: Savings Bond Calculator Issue - Advice?

I think the problem is with your new computer.

I have no problem using IE, Firefox or iOS.
by HueyLD
Sun May 01, 2016 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone uses identity theft protection services?
Replies: 21
Views: 1451

Re: Anyone uses identity theft protection services?

anoop wrote:
HueyLD wrote:When you freeze your credit, you are given a PIN from each credit bureau and only you should have that information.

The PIN must be used to unfreeze your credit.


What if you forget the PIN?

Don't know. I guess you can call the credit bureau and jump thru hoops.
by HueyLD
Sun May 01, 2016 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone uses identity theft protection services?
Replies: 21
Views: 1451

Re: Anyone uses identity theft protection services?

When you freeze your credit, you are given a PIN from each credit bureau and only you should have that information.

The PIN must be used to unfreeze your credit.
by HueyLD
Sun May 01, 2016 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 54
Views: 8452

Re: Well Done Ally Bank - CD purchase

Are there any checking accounts at national banks that allow you to transfer any amount of money between your checking and Ally savings account in one transaction? What does "any amount" mean? $1 billion or $1? Due to liability and cost involved, I would say that virtually all banks have ...
by HueyLD
Sun May 01, 2016 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 54
Views: 8452

Re: Well Done Ally Bank - CD purchase

If you have a checking account, you can withdraw cash from many ATMs and Ally will reimbursement the ATM fees for up to $10 per statement cycle. The daily ATM withdrawal limit is $1,000.

https://www.ally.com/help/bank/atms-withdrawals.html
by HueyLD
Sun May 01, 2016 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 54
Views: 8452

Re: Well Done Ally Bank - CD purchase

I've actually heard pretty good things about their customer service. Only thing that's kept me from opening an account has been negative reports of outgoing ACH speeds - how long does a push from your Ally account take to show up in your external bank account? Bout 3 or 4 business days. That's why ...
by HueyLD
Fri Apr 29, 2016 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 54
Views: 8452

Re: Well Done Ally Bank - CD purchase

LadyGeek, Using a VPN to access one's existing account while abroad is perfectly legit. It has nothing to do with breaking any U.S. law. While traveling abroad, you may have a need to manage investments. But many websites block you from access their sites because you, an existing customer, want to a...
by HueyLD
Fri Apr 29, 2016 2:56 pm
Forum: Investing - Theory, News & General
Topic: CD effective APY greater than shorter term APY -- why?
Replies: 3
Views: 212

Re: CD effective APY greater than shorter term APY -- why?

In Ally's Deposit Agreement and Disclosures, it says: If we consent to the closure of a CD prior to the maturity date, we will redeem the CD and impose a penalty. Even though the consent right is rarely exercised, it is still there. Not withstanding the above, the 5-year CD has a better effective yi...
by HueyLD
Fri Apr 29, 2016 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 54
Views: 8452

Re: Well Done Ally Bank - CD purchase

There are several steps involved in opening a new CD. You should just follow the steps and near the end it will ask you if you want to do an internal transfer from your online savings account. Which steps? If I'm logged into my account, there is nowhere to start the process to purchase a CD. If I g...
by HueyLD
Fri Apr 29, 2016 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Determining state residency
Replies: 5
Views: 506

Re: Determining state residency

In general, a dependent of yours is considered to have lived with you even if he is away in college. Will he have lived with you for more than six months in 2016? How old is your child? Will he be under 24 at 12/31/2016 and be considered a full time student for 2016? Will he provide more than half o...
by HueyLD
Fri Apr 29, 2016 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 54
Views: 8452

Re: Well Done Ally Bank - CD purchase

There are several steps involved in opening a new CD. You should just follow the steps and near the end it will ask you if you want to do an internal transfer from your online savings account.
by HueyLD
Fri Apr 29, 2016 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Anyone try Solar Bonds?
Replies: 7
Views: 652

Re: Anyone try Solar Bonds?

No and no. Below is from their prospectus: Q: Will the Solar Bonds be redeemable prior to their maturity? A: Generally, no. While Solar Bonds of certain series may be redeemable prior to maturity by SolarCity at its option (typically at a premium to their initial purchase price), you should not expe...
by HueyLD
Fri Apr 29, 2016 9:49 am
Forum: Personal Consumer Issues
Topic: How do you stop robo-calls/unwanted calls?
Replies: 60
Views: 3742

Re: How do you stop robo-calls/unwanted calls?

Cindyjrn wrote:Nomorobo. Yes, it rings once, but it beats the continuous ringing and I think eventually the robos get wise to you and stop calling.

Thanks. I will sign up then because robo calls have become unbearable lately.
by HueyLD
Fri Apr 29, 2016 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Determining state residency
Replies: 5
Views: 506

Re: Determining state residency

AAA, Are you a dependent on your parents' tax return or are you an independent? If you are an independent, you should go to the applicable state's revenue department website to find out their residency requirements. Every state is different. https://ttlc.intuit.com/questions/1901036-what-is-my-state...
by HueyLD
Fri Apr 29, 2016 8:12 am
Forum: Personal Consumer Issues
Topic: How do you stop robo-calls/unwanted calls?
Replies: 60
Views: 3742

Re: How do you stop robo-calls/unwanted calls?

For those who have signed up with nomorobo.com, does the phone still ring once when telemarketers call?
by HueyLD
Wed Apr 27, 2016 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Watch Out for Cancellation of Autopay on old Amex Costco Cards
Replies: 9
Views: 928

Re: Watch Out for Cancellation of Autopay on old Amex Costco Cards

Thanks for the alert. I will definitely take a closer look at my next statement.
by HueyLD
Wed Apr 27, 2016 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: I Bonds as tax refund: tracking down a missing one
Replies: 7
Views: 663

Re: I Bonds as tax refund: tracking down a missing one

Whom do I contact if I don’t get my Savings Bonds? The first step is to check the status of your refund by going to the "Where’s My Refund" feature on http://www.irs.gov or calling 1-800-829-1954. You can generally get information about your refund 72 hours after the IRS acknowledges rece...
by HueyLD
Wed Apr 27, 2016 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Watch Out for Cancellation of Autopay on old Amex Costco Cards
Replies: 9
Views: 928

Re: Watch Out for Cancellation of Autopay on old Amex Costco Cards

I thought the card won't be cancelled until 6/15? I think you are correct that the card and account will be cancelled (I though the date was 6/20/16) but they apparently decided to cancel the autopay earlier. You are correct on the replacement date of 6/20. However, Amex's notice says that any auto...
by HueyLD
Wed Apr 27, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Watch Out for Cancellation of Autopay on old Amex Costco Cards
Replies: 9
Views: 928

Re: Watch Out for Cancellation of Autopay on old Amex Costco Cards

I thought the card won't be cancelled until 6/15?
by HueyLD
Sun Apr 24, 2016 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supply Question
Replies: 1
Views: 291

Re: Medicare Supply Question

You will be fine. If you have group health coverage through an employer or union because either you or your spouse is currently working, you may want to wait to enroll in Part B. Employer plans often provide coverage similar to Medigap, so you don't need a Medigap policy. When your employer coverage...
by HueyLD
Sun Apr 24, 2016 8:49 am
Forum: Personal Finance (Not Investing)
Topic: CapOne360 Jt Acct ------->Revocable Living Trust
Replies: 8
Views: 631

Re: CapOne360 Jt Acct ------->Revocable Living Trust

Does CapitalOne360 have a department that handles trust accounts?

You might want to give them a call and ask for the trust account department.

In your case, you would want to have two names for the grantors and two names for the trustees.
by HueyLD
Sun Apr 24, 2016 6:48 am
Forum: Personal Finance (Not Investing)
Topic: CapOne360 Jt Acct ------->Revocable Living Trust
Replies: 8
Views: 631

Re: CapOne360 Jt Acct ------->Revocable Living Trust

...since the custodian doesn't have access to seeing the trust. How are they to know who is authorized to manage your money? I think they may ask for the pages in the Trust Agreement that describe the Trust, including the formal name of the Trust, the names of Grantor(s) and Trustee(s) (and maybe s...
by HueyLD
Wed Apr 20, 2016 5:12 pm
Forum: Investing - Theory, News & General
Topic: Did Rick Ferri sell his firm?
Replies: 21
Views: 4510

Re: Did Rick Ferri sell his firm?

Just wanted to post to wish Rick the best of luck in the next chapter of his life.

He earned it!
by HueyLD
Wed Apr 20, 2016 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Son was on spouse's enployer family plan health insurance,but ineligible soon- need input -
Replies: 24
Views: 2063

Re: Son was on spouse's enployer family plan health insurance,but ineligible soon- need input -

Don't forget the individual insurance market. You should go to an insurance agent and ask him to provide quotes for an individual policy and a policy from the Marketplace.

I know a couple of people who were able to obtain individual policy at a better value. (Value = cost + coverage)
by HueyLD
Wed Apr 20, 2016 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank--Statements for Revocable Trust
Replies: 7
Views: 685

Re: Ally Bank--Statements for Revocable Trust

Zott wrote:My question is, does anyone know of an online bank with competitive savings interest rates that would provide online statements for a trust account?

Capital One 360.

https://home.capitalone360.com/terms_eddn
by HueyLD
Wed Apr 20, 2016 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Son was on spouse's enployer family plan health insurance,but ineligible soon- need input -
Replies: 24
Views: 2063

Re: Son was on spouse's enployer family plan health insurance,but ineligible soon- need input -

Is your son either claimed as a dependent or could be claimed as a dependent on your tax return? If yes, you are responsible for his insurance and your household income will be used in determining his premium tax credit if your family is eligible for the PTC. If not, he is responsible for his own in...
by HueyLD
Wed Apr 20, 2016 10:10 am
Forum: Investing - Theory, News & General
Topic: Series EE bonds as holder for emergency funds
Replies: 9
Views: 1285

Re: Series EE bonds as holder for emergency funds

Meanwhile, electronic savings bonds do not seem to offer any true equivalent to "co-ownership" (either owner can redeem without the signature, or even the knowledge of the other), and there are enough problems with the website to make me nervous about the possibility of losing access and ...
by HueyLD
Tue Apr 19, 2016 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank--Statements for Revocable Trust
Replies: 7
Views: 685

Re: Ally Bank--Statements for Revocable Trust

Why is wrong with getting paper?
by HueyLD
Tue Apr 19, 2016 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Reverse Mortgage - To pay off existing mortgage?
Replies: 6
Views: 715

Re: Reverse Mortgage - To pay off existing mortgage?

For a married couple, both spouses must be at least 62 years young in order to obtain a reverse mortgage. Based on my experience helping others, RM is typically the last resort in order to avoid eating Alpo. The upfront fees will be very high even for a modestly valued home. Granted the fees are low...
by HueyLD
Mon Apr 18, 2016 4:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard new Muni ETF - Why is it a "long-term bond fund?"
Replies: 7
Views: 1100

Re: Vanguard new Muni ETF - Why is it a "long-term bond fund?"

Lynette wrote:I don't really need the money now but thought I'd put some money in a tax-exempt muni. I need to stay below MAGI limits to avoid an increase in Medicare B premiums.

Medicare's IRMAA includes muni income in the MAGI. So, your strategy won't work.
by HueyLD
Sun Apr 17, 2016 10:31 am
Forum: Investing - Help with Personal Investments
Topic: How long does TreasuryDirect take to convert paper I bonds?
Replies: 28
Views: 4887

Re: How long does TreasuryDirect take to convert paper I bonds?

When you convert paper bonds a linked account is created. Is there a way to move those bonds out of that linked account and into your regular account? Yes. I had to call the Treasury Retail Security Division (1-844-284-2676) and the CSR stayed on the phone to walk me thru the process. I don't remem...
by HueyLD
Sun Apr 17, 2016 7:38 am
Forum: Investing - Help with Personal Investments
Topic: How long does TreasuryDirect take to convert paper I bonds?
Replies: 28
Views: 4887

Re: How long does TreasuryDirect take to convert paper I bonds?

In a decade, it could be virtually impossible to find a financial institution that would cash paper savings bonds. When you plan the conversion, make sure you allow about six months for the process. I just converted my paper bonds and it took 16 weeks ILO of 3-4 weeks or 20 weeks and I was just so r...
by HueyLD
Sat Apr 16, 2016 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: MyRA - Good Way To Build Initial Investment?
Replies: 12
Views: 1033

Re: MyRA - Good Way To Build Initial Investment?

For what you have in mind, yes it sounds good. But make sure the strategy is executed with proper monitoring and supervision.

Good luck and thank you for your effort.
by HueyLD
Sat Apr 16, 2016 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Postnuptial agreement for Physician
Replies: 94
Views: 6199

Re: Postnuptial agreement for Physician

Ktd, You may not have a problem with a post-nuptial agreement, but let me guess - most women who are already married may have problems with it.

It is a distinct possibility that the wife may want to cut her loss early if this subject comes up.
by HueyLD
Sat Apr 16, 2016 11:14 am
Forum: Investing - Help with Personal Investments
Topic: MyRA - Good Way To Build Initial Investment?
Replies: 12
Views: 1033

Re: MyRA - Good Way To Build Initial Investment?

I think the biggest problem with myRA is that once the account balance reaches $15,000, the owner is required to transfer the amount out of myRA into a Roth IRA somewhere else. So, the supposedly no fee government guaranteed returns and protection of the principals disappears at $15k and one must re...
by HueyLD
Sat Apr 16, 2016 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Trust date for beneficiary form?
Replies: 2
Views: 137

Re: Trust date for beneficiary form?

Recently created a revocable trust as some of estate planning and I'm updating my beneficiaries on Vanguard, Life Insurance, etc. Vanguard is asking fir a Trust creation date. Anybody know if this is the date the legal doc was signed and the trust created or technically when I opened the trust acco...
by HueyLD
Fri Apr 15, 2016 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need an Irrevocable Life Insurance Trust?
Replies: 3
Views: 376

Re: Do I need an Irrevocable Life Insurance Trust?

I was in a seminar not too long ago given by an estate planning law firm and the minimum "liquid" asset level recommended for using this type of insurance policy was $5 million.
by HueyLD
Fri Apr 15, 2016 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: 1099-MISC: Schedule C vs other income
Replies: 9
Views: 809

Re: 1099-MISC: Schedule C vs other income

Brokerage account transfer awards? Do they sound like a legitimate business to a reasonable person? FWIW, the IRS guidelines are shown below. Business or Hobby? Answer Has Implications for Deductions FS-2007-18, April 2007 The Internal Revenue Service reminds taxpayers to follow appropriate guidelin...
by HueyLD
Fri Apr 15, 2016 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: 100% step up basis for Trust in community property state?
Replies: 2
Views: 233

Re: 100% step up basis for Trust in community property state?

See IRC Section 1014(a)(1) and 1014(b)(6), and IRS Rev. Rul. 66-283. A husband and wife transferred their California community property to a revocable trust, reserving to themselves a life income interest therein. Upon the death of one of the spouses, one-half of the value of the community interest ...
by HueyLD
Fri Apr 15, 2016 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: State income tax calcuation appears off? [Louisiana]
Replies: 7
Views: 323

Re: State income tax calcuation appears off? [Louisiana]

If you look up the tax table in lieu of doing bracket calculation, you will see that the tax liability of 5,140 is correct as follows:

3,313 + (131,448 - 101,000) x 6% = 5,140.

http://revenue.louisiana.gov/TaxForms/I ... 5%29TT.pdf
by HueyLD
Fri Apr 15, 2016 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: State income tax calcuation appears off? [Louisiana]
Replies: 7
Views: 323

Re: State income tax calcuation appears off? [Louisiana]

Greetings Bogleheads, I'm in LA, we have a 3-tiered state income tax system, $0-25000 (taxed at 2%), $25001-100000 (taxed at 4%), $100001+ (taxed at 6%). These are for married filing jointly specifically. Both the LA department of revenue and H&R Block say I owe $5140. But when I manually calcu...
by HueyLD
Fri Apr 15, 2016 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating ACA repayment of subsidy
Replies: 12
Views: 776

Re: Estimating ACA repayment of subsidy

I know precisely the total W2 income (stopped as of Mar 2016), can calculate total 1099-INT/DIV income and know tIRA/HSA contributions. I also have the ACA marketplace premium and subsidy information, including the credits and wanted to know what if anything would be owed back. The data entered tod...
by HueyLD
Fri Apr 15, 2016 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Excess HSA contribution - navigating IRS Form 8889
Replies: 4
Views: 174

Re: Excess HSA contribution - navigating IRS Form 8889

The answer to your question can be found in Line 13 of the instructions. Excess Employer Contributions Excess employer contributions are the excess, if any, of your employer's contributions over your limitation on line 8........If the excess was not included in income on Form W-2, you must report it...

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