Search found 232 matches

by Polar_Ice
Sun May 01, 2016 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: No Income - Convert some Traditional IRA money to Roth IRA?
Replies: 16
Views: 1372

Re: No Income - Convert some Traditional IRA money to Roth IRA?

This is turning into being more complex reading about it with IRS and trying to figure it out. I need to clarify some things. I am living overseas and my wife is considered a non resident alien so she does not have to file a U.S. return. Sounds like from what I have read you have until the end of th...
by Polar_Ice
Sat Apr 30, 2016 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: No Income - Convert some Traditional IRA money to Roth IRA?
Replies: 16
Views: 1372

Re: No Income - Convert some Traditional IRA money to Roth IRA?

Taxcaster is great for quick estimates but you may want to use tax software for more detailed tax scenarios. If you're receiving an ACA medical insurance premium subsidy, the Roth conversion income may affect the subsidy amount. Tax software would help with these calculations. I am receiving no inc...
by Polar_Ice
Sat Apr 30, 2016 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: No Income - Convert some Traditional IRA money to Roth IRA?
Replies: 16
Views: 1372

Re: No Income - Convert some Traditional IRA money to Roth IRA?

Here it is adding the two children and married/separately. Transferring 34,700 without and taxes sounds too good to be true. Must be missing something. Total Income $34,699 Total Deductions $6,300 Total Exemptions $12,000 Taxable Income $16,399 Regular Taxes $1,995 Alt. Minimum Tax $0 Additional Tax...
by Polar_Ice
Sat Apr 30, 2016 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: No Income - Convert some Traditional IRA money to Roth IRA?
Replies: 16
Views: 1372

Re: No Income - Convert some Traditional IRA money to Roth IRA?

Showing on TaxCaster for 2015:

Total Income $10,300
Total Deductions $6,300
Total Exemptions $4,000
Taxable Income $0

2016 number should be close so guess I could transfer around 10K and not pay any taxes.
by Polar_Ice
Sat Apr 30, 2016 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: No Income - Convert some Traditional IRA money to Roth IRA?
Replies: 16
Views: 1372

Re: No Income - Convert some Traditional IRA money to Roth IRA?

I think this could be a good time to convert tIRA to Roth IRA if you have the money in savings to pay the tax. You probably do not want to use money from the IRA to pay tax because there would be a 10% penalty on that part. Are you familiar with TaxCaster? It could help you figure out how much to c...
by Polar_Ice
Sat Apr 30, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: No Income - Convert some Traditional IRA money to Roth IRA?
Replies: 16
Views: 1372

No Income - Convert some Traditional IRA money to Roth IRA?

Last year I was not able to make a Roth IRA contribution since I had no income for the first time since I started saving for retirement. Depending on if I work this year my income might be the same too this year. I currently have both my traditional and Roth IRAs at Vanguard which includes all my re...
by Polar_Ice
Sat Feb 07, 2015 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Checking/Money Market Account - Online International wires
Replies: 1
Views: 223

Checking/Money Market Account - Online International wires

I currently have to call my bank to do an international wire transfer which cost $45. They are able to send the wire in dollars or a foreign currency and have a daily rate which is about 1.5% lower than the market rate. I don't do international wire transfers that often (4-5 a year) but am looking f...
by Polar_Ice
Mon Jan 19, 2015 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard and Turbo Tax
Replies: 38
Views: 5952

Re: Vanguard and Turbo Tax

I was looking to download turbotax and saw all the reviews for turboxtax deluxe. Be careful as it sounds like turbotax pulled a lot of the schedule forms that have come with the deluxe version for ages. People are all downloading the deluxe to find out they need to upgrade for a steep price. :oops: ...
by Polar_Ice
Thu Dec 11, 2014 2:48 pm
Forum: Investing - Theory, News & General
Topic: 'Ignore John Bogle and dump your S&P 500 index fund" Article
Replies: 16
Views: 3681

'Ignore John Bogle and dump your S&P 500 index fund" Article

Ignore John Bogle and dump your S&P 500 index fund http://www.marketwatch.com/story/ignore-john-bogle-and-dump-your-sp-500-index-fund-2014-12-10 "As simple as this strategy is, a recent study has confirmed that it has outperformed the traditional market-cap-weighted indexes by 2.10% a year ...
by Polar_Ice
Thu Oct 23, 2014 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Identity Fraud Help
Replies: 1
Views: 275

Identity Fraud Help

So I got a call from a major retailer's credit card division asking me if submitted an application for a new credit card. I didn't believe who they said they were so called back with the number on their website. The call was valid and they told me someone in another state had used my SSN and address...
by Polar_Ice
Mon Dec 16, 2013 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: International Move / Insurance ?
Replies: 0
Views: 121

International Move / Insurance ?

Anyone moved internationally and purchased insurance separately (not through the movers) to insure all your belongs? Any advice on a company that provides insurance or a international moving company would be appreciated.
by Polar_Ice
Fri Oct 25, 2013 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Want to have kids, scared of the financial consequences
Replies: 95
Views: 6947

Re: Want to have kids, scared of the financial consequences

Have you thought about hiring a live in au pair? http://culturalcareaupair.com/what-is-au-pair-childcare/about-our-program/ For us it was a great option but my wife choose to stay home and leave a management job at a S&P 500 company. After you have a kid your perspective changes, and this can ch...
by Polar_Ice
Tue Oct 22, 2013 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Short Sell with HELOC trouble
Replies: 7
Views: 557

Re: Short Sell with HELOC trouble

Just curious if he had a change in employment status. If not, why didn't he continue paying the mortgage? If the payments were too high, then he couldn't afford it to begin with. It amazes me how the banks get blamed when so often the consumer was in over his head from the get go. In any event, sou...
by Polar_Ice
Tue Oct 22, 2013 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Short Sell with HELOC trouble
Replies: 7
Views: 557

Re: Short Sell with HELOC trouble

Did he have minimum payments? Did the short sale agreement require him to continue making payments until the closing? Did he breach his agreement? He ... stopped paying it. Have you read the agreement? They stopping billing him after the short sell and never contacted him for over two years to coll...
by Polar_Ice
Mon Oct 21, 2013 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Short Sell with HELOC trouble
Replies: 7
Views: 557

Re: Short Sell with HELOC trouble

Now they have turned it over to their legal team and want to collect the ~50k. Debt collectors that buy junk debt often claim to be lawyers so he should be sure to know who he is really dealing with. Gogin to a lawer for something this size is a good choice. He got some summoned to court. It is a l...
by Polar_Ice
Mon Oct 21, 2013 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Short Sell with HELOC trouble
Replies: 7
Views: 557

Short Sell with HELOC trouble

A friend of mine did a short sell on his house in April of 2011. He is in California and purchased the house with a the 80/10/10 with a HELOC. He refinanced the HELOC early on and took out additional money to do some landscaping but that was the only money used in the HELOC. The value dropped signif...
by Polar_Ice
Thu Oct 10, 2013 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Agent Commission /SF Bay Area / Going Rate
Replies: 5
Views: 1169

Real Estate Agent Commission /SF Bay Area / Going Rate

I am looking to put my place on the market and without calling a lot of agents was wondering what the going rate is in the area. I know the supply is really low now and have heard 2.5% buyer and 1.5% seller is about the going rate but would like to hear from others in the area.
by Polar_Ice
Wed Oct 09, 2013 12:16 pm
Forum: Personal Consumer Issues
Topic: Son's first car
Replies: 50
Views: 4716

Re: Son's first car

Volvo 240DL wagon safe built like a tank reliable inexpensive That just might qualify as one of the least sexy automobiles ever. :annoyed Well done! :happy Good point. This could be positive for the dating life. :oops: Just go with the 240 DL sedan and call it good http://www.parts-specs.com/photos...
by Polar_Ice
Tue Oct 08, 2013 12:34 pm
Forum: Personal Consumer Issues
Topic: Son's first car
Replies: 50
Views: 4716

Re: Son's first car

Volvo 240DL wagon

safe
built like a tank
reliable
inexpensive
by Polar_Ice
Tue Oct 08, 2013 12:11 pm
Forum: Personal Consumer Issues
Topic: BMW Shop/Mechanic in Washington D.C. Area?
Replies: 5
Views: 765

BMW Shop/Mechanic in Washington D.C. Area?

Can anyone recommend a honest BMW or import auto repair shop in the Washington D.C. area? Need a shop I can count on that is more reasonable then the dealerships.
by Polar_Ice
Thu Oct 03, 2013 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Car advice
Replies: 16
Views: 1317

Re: Car advice

I would keep your car and continue to drive it -that is the cheapest too. You have not given a convincing argument that something is wrong with your current car. Do you have to add oil between oil changes - how much? If you don't do any maintenance yourself, the key is to find a shop you trust and c...
by Polar_Ice
Fri Aug 09, 2013 4:31 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 760
Views: 119917

Re: Tesla S

I see them on the road daily and admit it is a very nice looking car. Just don't buy one thinking you are helping the environment instead of driving a SUV, buy one for the performance, no visits to the pump, and the tax credits. :happy
by Polar_Ice
Wed Aug 07, 2013 12:58 am
Forum: Personal Finance (Not Investing)
Topic: Car Worth Repairing?
Replies: 20
Views: 1761

Re: Car Worth Repairing?

Looks like there might be a known issue with the transmissions. http://www.carcomplaints.com/Volkswagen/Golf/2002/transmission/transmission_failure.shtml It could be a problem with a bad design which getting it rebuilt or buying a new one (if VW has not addressed the issue) could only be a short-ter...
by Polar_Ice
Tue Aug 06, 2013 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Car Worth Repairing?
Replies: 20
Views: 1761

Re: Car Worth Repairing?

Auto or manual? This a transmission shop or a dealer that is giving you a quote? Have you done the timing belt (if it has one) and water pump? If the engine oil has been changed regularly, it is unlikely the engine will go any time to soon. I would pay a little more and get a new one through VW. Cal...
by Polar_Ice
Tue Aug 06, 2013 10:43 am
Forum: Personal Consumer Issues
Topic: Subaru VIP program
Replies: 22
Views: 10805

Re: Subaru VIP program

Costco & USAA both have car buying services. You can select options and see prices from their websites. I would start there if I was going to buy a new car and then email dealerships. Once you get a good offer then email the other ones and see if they can beat it. https://www.truecar.com/ Trueca...
by Polar_Ice
Wed Jul 17, 2013 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Pay keeping up with inflation for your job?
Replies: 52
Views: 5738

Re: Pay keeping up with inflation for your job?

So what do you think is acceptable for raises/pay vs. inflation? Acceptable is kind of a vague word. Do you mean acceptable is "good enough for me to not quit and go work elsewhere" or simply "fair"? Good enough depends on you. Fair depends on whether or not the value of one's w...
by Polar_Ice
Tue Jul 16, 2013 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Pay keeping up with inflation for your job?
Replies: 52
Views: 5738

Pay keeping up with inflation for your job?

I have worked for a government contractor for ~10 years and was curious to see how my pay has kept up with inflation. When I compared my pay now to when I first started and checked inflation during that same period, I am barely keeping up with inflation. If you factor in total compensation, I am 7-8...
by Polar_Ice
Mon Apr 29, 2013 5:55 pm
Forum: Investing - Theory, News & General
Topic: Frontline--The Retirement Gamble
Replies: 318
Views: 42152

Re: Frontline--The Retirement Gamble

Another opinion on the episode: http://vanguardblog.com/2013/04/29/the-401k-debate/ The film started with two misconceptions. The first is that most Americans aren’t prepared for retirement. That’s an over-exaggeration (see my previous post on this issue). Yes, it’s great TV to profile those who are...
by Polar_Ice
Fri Apr 26, 2013 3:11 pm
Forum: Investing - Theory, News & General
Topic: Frontline--The Retirement Gamble
Replies: 318
Views: 42152

Re: Frontline--The Retirement Gamble

Allan Roth's review http://www.cbsnews.com/8301-505123_162-57581204/retirement-gamble-a-critical-review/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AllanRoth+%28CBS+News+-+Allan+Roth+%29&utm_content=Google+Reader I do need to point out, Frontline, that you neglected to in...
by Polar_Ice
Sun Mar 17, 2013 1:18 am
Forum: Forum Issues and Administration
Topic: Foes List Option? User Control Panel
Replies: 14
Views: 2107

Re: Foes List Option? User Control Panel

I am not complaining or criticizing I was just giving an example and made no opinions by just stating the facts. I am just trying to improve this already great forum and thought others might benefit from this option too.
by Polar_Ice
Fri Mar 15, 2013 11:54 pm
Forum: Forum Issues and Administration
Topic: Foes List Option? User Control Panel
Replies: 14
Views: 2107

Re: Foes List Option? User Control Panel

I find this forum to be great with very respectful users but would be nice to block post by certain user that I don't care to never read.

Like this frequent poster:

viewtopic.php?f=11&t=112760
by Polar_Ice
Fri Mar 15, 2013 10:29 am
Forum: Forum Issues and Administration
Topic: Foes List Option? User Control Panel
Replies: 14
Views: 2107

Foes List Option? User Control Panel

I noticed in the user control panel under the Friends and Foes tab the Foes list is not active. In the FAQ it says users can be added to the Foes list so all post will not be visible by that user. Can this option be turned on or is there another way to hide certain user's post?

Thanks
by Polar_Ice
Thu Mar 14, 2013 2:37 pm
Forum: Personal Consumer Issues
Topic: What Type Of Wallet?
Replies: 90
Views: 10565

Re: What Type Of Wallet Do You Prefer?

Does the Manage Foes list not work in the user control panel? I went to add Munchkin Man to the list and I only see Manage Friends. I like the clips or pockets since I don't like magnets close to that "area". I was looking at this one recently: http://www.amazon.com/Carhartt-Front-Pocket-W...
by Polar_Ice
Thu Feb 28, 2013 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: New Job = New 401k options -- Any Advice?
Replies: 12
Views: 1044

Re: New Job = New 401k options -- Any Advice?

Who is your 401k provider? Principal?
by Polar_Ice
Thu Jan 31, 2013 3:36 pm
Forum: Personal Consumer Issues
Topic: How Can I Tell If My Dentist is Good One?
Replies: 133
Views: 13762

Re: How Can I Tell If My Dentist is Good One?

A dentist that has been a dentist in the military is a good sign. They get a lot of practice early on in the military over a wide range of issues. Stay away from the dentists that focus their practice towards cosmetic dentistry. Find a good family dentist that doesn't sounds like a salesman pushing ...
by Polar_Ice
Mon Jan 28, 2013 2:01 pm
Forum: Personal Consumer Issues
Topic: What kind of car are you driving?
Replies: 278
Views: 23137

Re: What kind of car are you driving?

I'm guessing by "injuries" you mean they were unrelated to stick-shifting but were aggravated by it. I used to love stick shifts until I broke a toe (playing beach volleyball) and depressing the clutch was very painful. I finally borrowed a friend's car until the toe healed. I still hung ...
by Polar_Ice
Wed Jan 23, 2013 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation vs Savings Dilemma
Replies: 34
Views: 3740

Re: Vacation vs Savings Dilemma

Vacation... Since you question this enough to open this thread you must have already asked yourself the question will I regret it if I don't go on the vacation.

If you ever can take a long break from work, I would do this:

http://www.wwoof.org/

:sharebeer
by Polar_Ice
Tue Jan 22, 2013 5:29 pm
Forum: Personal Consumer Issues
Topic: Home voip options
Replies: 34
Views: 2986

Re: Home voip options

German Expat wrote:
Frugal Al wrote:
hoot929 wrote:(google voice only ports from a mobile number, so you have to get your landline first to a mobile number, I used a t-mobile prepaid card that I bought for 1$)


Do you just buy cards ever couple of months to maintain a balance so the number stays up?
by Polar_Ice
Tue Jan 22, 2013 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Help in convincing son the Bogle way of investing
Replies: 27
Views: 2418

Re: Help in convincing son the Bogle way of investing

Investing books that I would recommend: http://www.amazon.com/Power-Passive-Investing-More-Wealth/dp/0470592206 http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0470067365/ref=tmm_pap_title_0 I would give him this book after you read it and forget about giving any advise on invest...
by Polar_Ice
Tue Jan 22, 2013 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Your opinion on this housing situ
Replies: 16
Views: 1720

Re: Your opinion on this housing situ

I wondered what my 5/1 ARM was going to do after the 5 years too 4 years ago. I found out that is was tied to the WSJ prime rate so it went down significantly and has gone down every year. There is no point to refinance now since I am going to sell soon and my rate is 2.85%.
by Polar_Ice
Fri Jan 18, 2013 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord dilema
Replies: 33
Views: 2810

Re: Landlord dilema

A lot of good advice to help me think through it all. I will not hesitate to get the HOA involved if the neighbor does not resolve it in the next week.
by Polar_Ice
Wed Jan 16, 2013 3:51 pm
Forum: Personal Consumer Issues
Topic: DSL vs Cable
Replies: 37
Views: 2943

Re: DSL vs Cable

How do you test your latency?
by Polar_Ice
Wed Jan 16, 2013 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Picking an online bank..
Replies: 31
Views: 3787

Re: Picking an online bank..

The change to capital one savings rate is that they cut ties with Costco which I opened my account under a few years ago. So now the added benefit that was there with the Costco deal is gone. Seems like there are some banks that offer teaser rates to get money and there are some that just consistent...
by Polar_Ice
Wed Jan 16, 2013 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord dilema
Replies: 33
Views: 2810

Re: Landlord dilema

If you thought these people were honest enough to let move in to your rental - I would take them at their word that the water heater is noisy and keeps them awake. In my mind, it doesn't make sense to rent to someone (implying you assessed them as honest and worthy renters) and then express doubt a...
by Polar_Ice
Wed Jan 16, 2013 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord dilema
Replies: 33
Views: 2810

Re: Landlord dilema

Thanks for all the helpful advise! The 6 month lease was done by a realtor and is very thorough. The tenants can get out of the lease but they have to pay the lease until a new tenant moves in and also the cost and fees to list the property. The tenants said if the neighbor is not going to fix the n...
by Polar_Ice
Wed Jan 16, 2013 12:04 am
Forum: Personal Finance (Not Investing)
Topic: Landlord dilema
Replies: 33
Views: 2810

Landlord dilema

I am renting out a condo and the new tenants have been there a month. This is a condo in a HOA so there are common walls. The neighbors hot water heater has mineral buildup and makes popping sounds which is disturbing the tenants. I contacted the neighbors since I know them since I lived there befor...
by Polar_Ice
Tue Jan 15, 2013 7:29 pm
Forum: Personal Consumer Issues
Topic: DSL vs Cable
Replies: 37
Views: 2943

Re: DSL vs Cable

U-verse is over copper but additional hardware is required that is why you have to check your address. They said my address was not available but I looked up some around me and it said they were so called them and after some pushing they made it happen. Comcast has the fastest speed but most people ...
by Polar_Ice
Tue Jan 15, 2013 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: What's your process for reconciling checking transactions?
Replies: 57
Views: 3924

Re: What's your process for reconciling checking transaction

I have not entered a receipt in 4-5 yrs. I download every transaction straight into Quicken or Moneydance. Most banks allow Quicken and other programs to download transactions or you can download a file and import that.

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