Search found 579 matches

by Katietsu
Tue Jun 20, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Ally no penalty 11 month CD rate increased to 1.50% this morning
Replies: 44
Views: 4725

Re: Ally no penalty 11 month CD rate increased to 1.50% this morning

Mine had renewed in April at 1.15%. Tried to switch to the 1.35% variety a month(?) ago and couldn't find the menu to close the old CD. Was motivated by this post to look again. Immediately found it under "Manage CD's". Closed the CD putting proceeds in savings account. Then took less than...
by Katietsu
Mon Jun 19, 2017 12:33 am
Forum: Personal Consumer Issues
Topic: xfinity box with netflix
Replies: 3
Views: 381

Re: xfinity box with netflix

You do not pay Xfinity for Netflix. If you have Xfinity X1 service AND a Netflix account, then you may use the Xfinity system to watch Netflix. Netflix has a slightly different price depending on how many different devices you would like to be able to stream on simultaneously. You most likely would ...
by Katietsu
Fri Jun 16, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: opening LLC in another state which only business online
Replies: 1
Views: 177

Re: opening LLC in another state which only business online

Sorry about first response. Just saw that you have left the US.
by Katietsu
Tue Jun 13, 2017 2:27 am
Forum: Personal Finance (Not Investing)
Topic: Kiddie Tax
Replies: 8
Views: 998

Re: Kiddie Tax

Using 2016 numbers, if her unearned income is below $2100 and her total income is less than $6300 then her tax is likely to be $0. So, I think it does make sense to realize some of the income this year.
by Katietsu
Tue Jun 13, 2017 1:52 am
Forum: Personal Finance (Not Investing)
Topic: Overcharged for tax returns
Replies: 28
Views: 2571

Re: Overcharged for tax returns

I seems unlikely to me that a return with W-2 income plus 3 rental properties on a new client could be done in an hour. With a new client, there would be a lot of data entry. Things like depreciation schedules that would come up automatically for a returning client would all need reviewed and entere...
by Katietsu
Mon Jun 12, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Property Tax Assessment Error (Too Low)
Replies: 6
Views: 284

Re: Property Tax Assessment Error (Too Low)

The tax bill is for last year, and is likely owed by the person that owned the lot before you. You will not get your first bill until 2018.


+1

For example, in my location, I will get a bill in July 2017, due on Sept. 1 of 2017, based on the value of the property on July 1, 2016.
by Katietsu
Mon Jun 12, 2017 9:08 pm
Forum: Personal Consumer Issues
Topic: Vue/Sling tv users--what do you miss?
Replies: 43
Views: 2540

Re: Vue/Sling tv users--what do you miss?

As best I can tell, these packages do not include PBS. A donation of around $60 per year to your local station gets you access to PBS Passport for a year. Passport includes On demand straming for most of the popular PBS shows and a collection of rotating offerings. Even without Passport, PBS has a ...
by Katietsu
Sun Jun 11, 2017 12:24 am
Forum: Personal Consumer Issues
Topic: EZPass not read, rental car, high fee
Replies: 18
Views: 2034

Re: EZPass not read, rental car, high fee

I think a lot, if not all, of the EZ pass states have added the ability to add a rental car with a defined end date. I was thinking this might be because so many states are moving towards cashless toll roads.
by Katietsu
Sun Jun 11, 2017 12:17 am
Forum: Personal Consumer Issues
Topic: My Wife is having our 5th child. What is an appropriately extravagant push gift?
Replies: 90
Views: 6829

Re: My Wife is having our 5th child. What is an appropriately extravagant push gift?

I agree with those who hesitate to suggest a gift without knowing more about recipient. The women/spouses associated with my husband's workplace back in the 1990's all pretty much got jewelry with the birth of their first child. So the concept has been popular for quite a while. Do not think I heard...
by Katietsu
Fri Jun 09, 2017 10:40 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile
Replies: 16
Views: 1079

Re: Xfinity Mobile

My understanding is that talk and text will be on Verizon's network always at this time. Data will first look for an Xfinity connection and only use Verizon if no WiFi or hotspot connection can be found. I question how smooth this transistion will be initially. I also suspect that this is why you mu...
by Katietsu
Fri Jun 09, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Advice needed on International ETF's with TD Ameritrade
Replies: 3
Views: 348

Re: Advice needed on International ETF's with TD Ameritrade

I looked at the tax efficiency in broad strokes. I did not go into the calculations to detailed level others on this site have done. It seemed to me that it was pretty much a wash. The extra taxes from having international in taxable were balanced by the foreign tax credit. I plan to go back and loo...
by Katietsu
Thu Jun 08, 2017 10:08 pm
Forum: Investing - Theory, News & General
Topic: E*Trade Account Closure fees
Replies: 17
Views: 1576

Re: E*Trade Account Closure fees

Etrade lists its account closing fee as $0. Partial transfers are free if remaining balance is over $5000. Could you leave $5000 in cash in the account while transferring all else then close the account? Would there be no fees that way?
by Katietsu
Thu Jun 08, 2017 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Advice needed on International ETF's with TD Ameritrade
Replies: 3
Views: 348

Advice needed on International ETF's with TD Ameritrade

I am about to shift some of the equity allocation of my portfolio into a taxable account with TD Ameritrade to make room in the tax advantaged account for bonds. I expect these funds to be long term investments. My question is about how to handle the international investments. I have used VXUS befor...
by Katietsu
Tue Jun 06, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Small tax refund or owing taxes?
Replies: 35
Views: 2023

Re: Small tax refund or owing taxes?

So please explain how your filing status (r3efund vs payment) would impact the issue of a fake return. You got it. It is just that if it takes a year to straighten it out, there are less consequences if you are not waiting for a refund. I have seen people whose refund represented 30% of their avail...
by Katietsu
Mon Jun 05, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: What Will Home Care Cost?
Replies: 25
Views: 2382

Re: What Will Home Care Cost?

It is my understanding that a nursing home that accepts a patient under Medicare can not transfer them out if the patient switches to Medicaid. However, that same facility might not accept a Medicaid patient from the outside. Just one more issue to consider.
by Katietsu
Sun Jun 04, 2017 12:56 am
Forum: Personal Finance (Not Investing)
Topic: What Will Home Care Cost?
Replies: 25
Views: 2382

Re: What Will Home Care Cost?

While you are spending time with your wife, watch the assistance being provided to your wife. Think about how each function would be provided in your home. Realize that the situation may change as your wife's health changes, your health changes, you identify different options, etc. We had a family m...
by Katietsu
Sat Jun 03, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Helping parents/grandparents while raising kids
Replies: 47
Views: 4159

Re: Helping parents/grandparents while raising kids

This sounds like a good short term solution. However, if at all possible, I would strongly encourage some review and transparency of the parent(s)' finances if this has not been done. Are there changes that need to be made for long term sustainability? Is this a situation where the parent(s) can qua...
by Katietsu
Sat Jun 03, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance: Adult Child Moving
Replies: 10
Views: 474

Re: Auto Insurance: Adult Child Moving

If your husband is a co owner, I am not sure the insurance will need unbundled. You will need to let the insurance company know the new location where are he car is principally garaged. This could result in either a rate decrease or increase.
by Katietsu
Thu Jun 01, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Employer going union, what happens with 401k
Replies: 19
Views: 1835

Re: Employer going union, what happens with 401k

I would support your decision to encourage your friend not to worry before she receives more information. For instance, she may be hearing that you need 35 years for full retirement. However, there is likely other full retirement options such as 62 years with 10 years service. Also, as other have st...
by Katietsu
Thu Jun 01, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Waiting Period for 457 rollover/distribution?
Replies: 6
Views: 353

Re: Waiting Period for 457 rollover/distribution?

I do not know the specific rules regarding DH's employer, but I have been told to expect 2 to 3 months after separation before receiving a distribution or completing a rollover. Longer if things do not go smoothly.
by Katietsu
Wed May 31, 2017 9:12 pm
Forum: Personal Consumer Issues
Topic: How best to care for someone who frequently falls
Replies: 32
Views: 2552

Re: How best to care for someone who frequently falls

Please have the family doctor get an in home consult for occupational therapy. They will be able to both work with your FIL on techniques as well as order/suggest mobility equipment. Get together information as to when, where, and how frequently falls occur. If possible have another family member in...
by Katietsu
Wed May 31, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Parental life insurance: Surrender or sell?
Replies: 11
Views: 1147

Re: Parental life insurance: Surrender or sell?

Definitely many on this board with more insurance knowledge than me. However, I would not be too upset if your Dad had a desire for the life insurance aspect at the time he acquired the policy. A ten year term policy for a 65 year old would have taken a sizable percentage of those premiums.
by Katietsu
Wed May 31, 2017 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help w/403b & 457 - TIAA-CREF or Fidelity
Replies: 27
Views: 1418

Re: Help w/403b & 457 - TIAA-CREF or Fidelity

I will add that another advantage of TIAA is that it is a great option if you want to annuitize a portion of your savings during retirement. This is true today anyway, a lot can change over the next decades. I also wonder about putting too much thought into what happens in 20 or 30 years. You may ha...
by Katietsu
Wed May 31, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Any hope of getting my Social Security earnings corrected?
Replies: 25
Views: 1989

Re: Any hope of getting my Social Security earnings corrected?

It is true that a taxpayer must claim a refund within three years of the filing deadline. However, the IRS can still make other changes to the tax record after that time. I do not if the IRS can correct your tax record and subsequently your social security record. I would suspect that you may have j...
by Katietsu
Sun May 28, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Play Money for Spouse....
Replies: 138
Views: 9293

Re: Play Money for Spouse....

It is delicate to answer this question. Based on this post and on the previous post regarding your daughter providing online access to her college accounts, it seems that your family may think that you are a bit too hovering. The same comment or behavior that you mean to be helpful is possibly being...
by Katietsu
Sun May 28, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Defer income - is it wise?
Replies: 6
Views: 1306

Re: Defer income - is it wise?

Another option would be to reduce his withholding from his paychecks by claiming more allowances but to "make up" underpayment if needed. Step 1 is to increase allowances using a W-4, hopefully to the point that he has the correct amount withheld for the year. This would have the added adv...
by Katietsu
Sat May 27, 2017 11:33 am
Forum: Personal Consumer Issues
Topic: am I the victim of ID theft?
Replies: 15
Views: 1982

Re: am I the victim of ID theft?

Have you ever signed up for the Thrifty Loyalty program? To me, the most likely situation is that the wrong loyalty number got entered. The name of the actual renter is on the receipt. The email and home address are those associated with the loyalty number.
by Katietsu
Thu May 25, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 5885

Re: Can I really pay no capital gains on $100k?

Some people have an easier time understanding it if you look at the capital gains treatment as a discount. You calculate your tax on your ENTIRE income including wages, capital gains etc. Then you get a "coupon" that allows you to subtract a certain amount from your taxes if you have capit...
by Katietsu
Thu May 25, 2017 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: How to calculate the top of the 15% bracket?
Replies: 23
Views: 2322

Re: How to calculate the top of the 15% bracket?

Breaking the 15% rate can cost a lot. If you are in the 15% bracket your long term capital gains are taxed at 0%. Also qualified dividends. Not exactly true. If your total income breaks the 15% bracket by a small amount, then only that small part of the long term capital gains would be taxed at the...
by Katietsu
Tue May 23, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Use Voided Check or Deposit Slip?
Replies: 15
Views: 1047

Re: Use Voided Check or Deposit Slip?

Deposit slips are internal bank documents. They do not necessarily contain the same information as a a check. A check must contain the ABA routing number which is needed for banks to send and receive money with accounts at other banks. In your case, since both your check and deposit slip contain the...
by Katietsu
Sun May 21, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed: 81 Year Old Mother - Buying House to "Rent" to Her?
Replies: 23
Views: 2389

Re: Advice Needed: 81 Year Old Mother - Buying House to "Rent" to Her?

I think you have done an excellent job with your research and new plans. You may wish to see if the Senior apartment has a person who could speak with you alone about your mother's hesitation to move. Most such complexes have a director, social worker or other staff person who is a great sounding bo...
by Katietsu
Sun May 21, 2017 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Using guaranteed yield in life insurance policy
Replies: 9
Views: 878

Re: Using guaranteed yield in life insurance policy

I agree that the reasoning of the OP makes a great deal of sense. Do get an in force illustration based only on the minimum guarantees. The decision as to whether or not to keep a whole life policy is very different than whether or not a WL policy should be purchased.
by Katietsu
Sat May 20, 2017 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America bogus late payment fee.[temporary software glitch, gone now]
Replies: 52
Views: 3389

Re: Bank of America bogus late payment fee.[temporary software glitch, gone now]

This appears to describe a situation where the bank has processed it absolutely correctly. I agree. In my case, I appreciated the bank waiving the penalty but would have accepted a negative response. This is an issue that is mostly a result of the speed of technology. I believe in these cases, the ...
by Katietsu
Sat May 20, 2017 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Dealership rejecting rebate after contract signed
Replies: 115
Views: 13533

Re: Dealership rejecting rebate after contract signed

You do not own the car. The contract you signed surely says that you are responsible if it turns out that you do not actually qualify for any of the rebates. You did not qualify for the recent graduate rebate. You yourself said that it was a post doc residency program that your wife finished. I woul...
by Katietsu
Sat May 20, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America bogus late payment fee.[temporary software glitch, gone now]
Replies: 52
Views: 3389

Re: Bank of America bogus late payment fee.[temporary software glitch, gone now]

I have had the same issue as Sherwool with a different bank, though the fee was waived for me without much hassle. To give an example, your credit card closing date is the 24th. On April 29, you make a payment. This counts as a payment towards your April 24 statement. Your next statement closing dat...
by Katietsu
Sat May 20, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: HELP - IRS Mail [Mismatch between taxpayer and reported info]
Replies: 11
Views: 994

Re: HELP - IRS Mail [Mismatch between taxpayer and reported info]

OP, I think you still have an issue. You did not recharacterize.
by Katietsu
Sat May 20, 2017 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Question
Replies: 21
Views: 1386

Re: Auto Insurance Question

Look at the breakdown for your premium. My premium is high compared to what I see people posting here. But only 20% of my premium is for comprehensive/collision. We have no accidents and are demographically a low risk. But my state has a high incidence of lawsuits, courts favorable to the plaintiff,...
by Katietsu
Sat May 20, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Shocking car insurance quote
Replies: 39
Views: 4939

Re: Shocking car insurance quote

Progressive has below average customer satisfaction ratings and above average complaints. I have no personal experience with Progressive though I did have a friend who had a single accident that resulted in a significant premium increase. However, for a significant enough savings, could still be wor...
by Katietsu
Fri May 19, 2017 8:04 pm
Forum: Personal Consumer Issues
Topic: iPhone GPS apps
Replies: 15
Views: 1084

Re: iPhone GPS apps

I would have both Waze and Google maps installed. As others have said, Waze excels at incorporating real time traffic and alerts. However, many websites will only work with google maps if you just want to use a get directions link. Google maps can also let you "look" at the location before...
by Katietsu
Thu May 18, 2017 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: IRS says I owe..I don't
Replies: 31
Views: 4383

Re: IRS says I owe..I don't

Get out your copies of your 2014 and 2015 forms 8606. Part 1 should be filled completed on both years and part 2 should be on 2015. You will need to respond to the letter you received. This response should include one or both form 8606 . If your originals are correct, you will just include copies. T...
by Katietsu
Wed May 17, 2017 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed: 81 Year Old Mother - Buying House to "Rent" to Her?
Replies: 23
Views: 2389

Re: Advice Needed: 81 Year Old Mother - Buying House to "Rent" to Her?

Your plan sounds like a horrible idea. Other than your currently high income, you are not in a whole lot better situation than your mother. I think it was wonderful that you want to help your mother and to pay for your son's college expenses. But I am concerned that your son will be on the BH forum ...
by Katietsu
Wed May 17, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Individual Health Insurance
Replies: 9
Views: 1026

Re: Individual Health Insurance

Also check with your potential school.
by Katietsu
Wed May 17, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: House Sale in Year of Divorce
Replies: 15
Views: 2200

Re: House Sale in Year of Divorce

We signed a Certification for No Information Reporting on the Sale or Exchange of a Principal Residence form at the time of the sale in 2016, so no 1099-S was issued. The point of this is so that you do not need to report ANYTHING about the house sale on your taxes. The IRS will not know anything a...
by Katietsu
Mon May 15, 2017 5:41 pm
Forum: Personal Consumer Issues
Topic: Anyone use "MyPillow" pillows?
Replies: 51
Views: 6115

Re: Anyone use "MyPillow" pillows?

My MIL loves her mypillow. My husband uses one of the dense foam pillows with the cut out. It significantly helped some neck problems he was having. The dense foam pillow needs to sized correctly though as it is the height that it is.
by Katietsu
Sun May 14, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: recent widow needs help with life insurance payout options
Replies: 44
Views: 3071

Re: recent widow needs help with life insurance payout options

I am glad that more people responded to let you know that all three options are worth considering. Your overall financial picture and is likely going to be the factor that determines which option is best. I would suspect that you have some time to make this decision as long as you do not immediately...
by Katietsu
Thu May 11, 2017 9:50 pm
Forum: Personal Consumer Issues
Topic: Renting correct size car
Replies: 33
Views: 2666

Re: Renting correct size car

If you rent from Hertz, then choose full size. I know Hertz uses the Chrysler 200 as an example for this size but you are not very likely to actually get a Chrysler 200. You might even get a Camry. The Nissan Altima and Chevy Impala are probably the largest cars that are popular in the Hertz fleet a...
by Katietsu
Sun May 07, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Will and Estranged Child advice
Replies: 44
Views: 4010

Re: Will and Estranged Child advice

I can describe a similar family event that occurred over 25 years ago. Family consisted of mother, father, adult son (with professional degree) and adult daughter (married with children). Father passed away. About 2 years later, son moves and chooses to have no contact with anyone. After 15 years, M...
by Katietsu
Sat May 06, 2017 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Signed up with 2 Advisors - Need Feedback, My Questions
Replies: 30
Views: 1629

Re: Signed up with 2 Advisors - Need Feedback, My Questions

Anyone who you have ever written a check, arranged for a automatic payment, or whom you have arranged for a direct deposit has your bank account information. The agreement that you are signing is only setting up transfers between two accounts that are both in your name. It is not giving the advisor ...
by Katietsu
Sat May 06, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: trying to transfer assets from a bank to Vanguard
Replies: 4
Views: 512

Re: trying to transfer assets from a bank to Vanguard

my sibling and I inherited the trust, which will be split between the two of us Vanguard will pull the assets from the account in my name. I do not think the primary issue is push vs pull. I would suggest that you have the assets titled the same way before and after the move. I would not attempt to...
by Katietsu
Fri May 05, 2017 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Is it normal to have incorrect Realized Gains in your IRA?
Replies: 13
Views: 780

Re: Is it normal to have incorrect Realized Gains in your IRA?

You apparently transfered this IRA in from somewhere else since you referred to it as a Rollover IRA. If you assume that the original balance at the time of rollover had a zero basis, does the realized gain agree?

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