Search found 322 matches

by RabbMD
Sat Jul 16, 2016 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Holding Admiral Shares with ML Edge
Replies: 5
Views: 637

Re: Holding Admiral Shares with ML Edge

I transferred from vanguard to Merrill Edge in May. Please make it easy on yourself and just call vanguard and get them to convert your admiral shares to ETF shares. On Transfer though be aware that only full shares will be transferred. Partial ETF shares are liquidated prior to transfer. Mine was a...
by RabbMD
Tue Jul 05, 2016 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: TDBank promo just started easy $600
Replies: 78
Views: 9083

Re: TDBank promo just started easy $600

... Get $300 bonus (will be reported as income to IRS tho ). ... Well, of course. Why would anyone suspect that components of Adjusted Gross Income legally, according to legislation congress adopted, required to be reported would not be? Furthermore, why would any individual not report AGI they're ...
by RabbMD
Wed Jun 01, 2016 9:41 am
Forum: Personal Consumer Issues
Topic: Sudden spam explosion in my inbox
Replies: 15
Views: 1816

Re: Sudden spam explosion in my inbox

Same thing on my hotmail account. I thought it was from some online mortgage companies I looked into refinancing with. Guess its just hotmail
by RabbMD
Tue May 10, 2016 8:49 pm
Forum: Personal Consumer Issues
Topic: Gifted math program for 1st grade
Replies: 66
Views: 6996

Re: Gifted math program for 1st grade

As a child in California in the 80s I got pulled starting 2nd grade. I was still bored in gifted classes. I moved to Texas and continued gifted classes still pretty bored. Took one non gifted math class geometry as a ninth grader after algebra as an 8th bc they didn't offer gifted in it. I thought I...
by RabbMD
Mon Mar 14, 2016 12:55 pm
Forum: Personal Consumer Issues
Topic: Cities good for living abroad?
Replies: 110
Views: 11097

Re: Cities good for living abroad?

Barcelona....

Plus its fairly centrally located for a Southern Europe local for winter.
by RabbMD
Wed Jan 13, 2016 8:06 am
Forum: Investing - Theory, News & General
Topic: Are there diminishing returns to tax loss harvesting?
Replies: 23
Views: 2216

Re: Are there diminishing returns to tax loss harvesting?

Right, but my point is that the 3K tax deduction is the only freebie in the TLH equation. TLH'ing moves a loss onto the books, but also lowers the cost basis by the equivalent amount. If the fund rebounds, those gains offset the booked losses no better than they would the losses embedded within the...
by RabbMD
Wed Jan 13, 2016 8:00 am
Forum: Investing - Theory, News & General
Topic: Tax Strategy
Replies: 9
Views: 1048

Re: Tax Strategy

The tax brackets are progressive in that they go up, but what you are referring to is that they are marginal. Progressive doesn't have to be marginal. Only their marginality is what means you pay the higher rate on each dollar earned past the threshold. Quite true. The AMT marginal phase out range ...
by RabbMD
Wed Jul 08, 2015 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course vs. TLH
Replies: 20
Views: 2103

Re: Stay the course vs. TLH

Just a note: Tax loss harvesting, as recommend by Bogleheads, is less about SAVING taxes than it is about DELAYING taxes, possibly until you are in a lower tax bracket. If you are in equities, then presumably you expect the asset class to go up over the long term, or you would not be investing in e...
by RabbMD
Mon Jun 15, 2015 7:39 am
Forum: Personal Finance (Not Investing)
Topic: 529 Options
Replies: 6
Views: 1196

Re: 529 Options

You can try and find out if Oklahoma has a clawback provision as well. Maryland has a poor ER tr price plan, I invest in its cheapest equity option. However, if I transfer my funds to another state, they do not currently recapture the state tax deduction. So I plan to transfer out every 5 years or s...
by RabbMD
Tue May 19, 2015 2:05 pm
Forum: Personal Consumer Issues
Topic: ATT next plan - prepayment quandary
Replies: 19
Views: 3192

Re: ATT next plan - prepayment quandary

Norlead,

But what if you have an old grandfathered unlimited data plan for iphones :).... I keep considering switching to an att mvno (need att for the best service coverage in my area), but the unlimited data is hard to give up, even if I don't really use it that much.
by RabbMD
Sat May 02, 2015 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Trying to Understand Business Health Insurance vs Personal
Replies: 11
Views: 1015

Re: Trying to Understand Business Health Insurance vs Person

Please see my explanation in this discussion: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=161910&p=2431762#p2431762 I don't see any reason to have group health insurance policy if individual premiums are cheaper. Im not sure how you get to this conclusion Jared. If you buy individu...
by RabbMD
Mon Mar 02, 2015 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Legal Fees for Trusts and Wills
Replies: 42
Views: 4746

Re: Legal Fees for Trusts and Wills

In this situation even with a living will couldn't the family contest the will saying it was coerced or something similar? He was on Medicaid. There wasn't anything to contest except the jointly owned condo that the wife lived in. But surely given your profession you can understand a doctor's or ho...
by RabbMD
Mon Mar 02, 2015 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Legal Fees for Trusts and Wills
Replies: 42
Views: 4746

Re: Legal Fees for Trusts and Wills

The classic case is Terry Shivo (sp?) whereby the husband was trying to get her off the breathing machines but her parents sued to keep her on. You may be in a unique situation where your family thinks alike. Many of us come from families who do not. We recently encountered a very ugly family scene...
by RabbMD
Mon Mar 02, 2015 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Legal Fees for Trusts and Wills
Replies: 42
Views: 4746

Re: Legal Fees for Trusts and Wills

Kind of off topic here, but can someone explain why I need a healthcare power of attorney or a living will? I'm a doctor, and I know a fair amount of medical ethics. I have talked to my wife anc told her I am an organ donor, and no prolonged lufe in futile situations. So what are these documents goi...
by RabbMD
Sun Mar 01, 2015 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 97
Views: 16827

Re: Bank of America/Merrill Edge - Preferred Rewards

How are these bonuse paid for ira's? Does it go into the ira or a taxable account? If into the ira does it count as contributions for the year deposited?
by RabbMD
Fri Feb 27, 2015 11:34 am
Forum: Personal Consumer Issues
Topic: What are Costco's best deals?
Replies: 286
Views: 41667

Re: What are Costco's best deals?

Frozen ground turkey, its good quality and always $2.50/lb. Also prime sirloin can be found for under $10.00.
by RabbMD
Thu Jan 22, 2015 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Explain me some tax law!
Replies: 16
Views: 2507

Re: Explain me some tax law!

What kind of "company"? Is it a corporation or a partnership? Makes a big difference. Gill This is a learning exercise. Please explain what difference it makes. Let's assume its a LLC with multiple members. Partnerships are flow-through entities. Each partner are assigned the gains or los...
by RabbMD
Tue Jan 13, 2015 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Can I fund Vanguard purchases with my Target REDcard?
Replies: 40
Views: 5301

Re: Can I fund Vanguard purchases with my Target REDcard?

I got my permanent REDcard today. Although I suppose I COULD have sent a check to Vanguard from the account, I opted not to because when I went to the Vanguard website to find the mailing address, it said not to mail a check without an investment (aka deposit) slip. I chose to send the money to my ...
by RabbMD
Mon Dec 01, 2014 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deductions for donating a lot
Replies: 20
Views: 1843

Re: Tax deductions for donating a lot

http://www.irs.gov/pub/irs-pdf/i8283.pdf See page 4 where it talks about cost basis. Im sure there are ways around holding clothing and household goods for at least one year, but to me it is simpliet to just hold then greater than a year to clear up doubt. Of course someone could have given you some...
by RabbMD
Mon Dec 01, 2014 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Tax deductions for donating a lot
Replies: 20
Views: 1843

Re: Tax deductions for donating a lot

For items given to you, there is an esoteric provision in the irs documents that states you must have owned the item yourself for one year prior to donating. I think its a similar theory to the rules that state you need to hold securities for over a year before getting to deduct the entire market pr...
by RabbMD
Mon Apr 14, 2014 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Donating Clothing (with Previous Business Deduction)
Replies: 2
Views: 514

Re: Donating Clothing (with Previous Business Deduction)

Of course i claim milage for goodwill donations.
by RabbMD
Sun Mar 23, 2014 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Paying Business Expenses With Credit Card to Get Points
Replies: 12
Views: 1221

Re: Paying Business Expenses With Credit Card to Get Points

I thought the Barclays arrival only gets 2.2% back when used as a statement credit for admittedly generous defined travel expenses? It is a very good card, but it is not a straight 2.2%.
by RabbMD
Thu Feb 20, 2014 10:10 am
Forum: Personal Consumer Issues
Topic: Physician FICA return tax implications
Replies: 7
Views: 947

Re: Physician FICA return tax implications

And if you are a practicing physican now you likely will have to pay the ACA 3.8% medicare surcharge on investment income over $250,000 MFJ $200,000 single. This of course is the first year this tax has been collected.
by RabbMD
Sun Feb 16, 2014 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: FICA tax refund -- SS implications, can I send it back?
Replies: 12
Views: 982

Re: FICA tax refund -- SS implications, can I send it back?

My biggest beef is I have to pay taxes on all the interest generated during low marginal rate years (residency) this year (well 2013 taxes) in total. I did not have the option of paying and reporting the interest annually because I didn't get the interest. Of course isn't convenient that I must also...
by RabbMD
Tue Jan 21, 2014 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Term life with medical history - best way to ensure coverage
Replies: 12
Views: 758

Re: Term life with medical history - best way to ensure cove

I had a surprise rate change on my initial application I googled and found this independent agent who appeared knowledgable about my specific situation. I went through him and told him about my issue. He suggested a recent specialist consult, and found me a great deal only slightly higher than my lo...
by RabbMD
Wed Oct 09, 2013 4:31 pm
Forum: Personal Consumer Issues
Topic: Cheapest way to move long distance
Replies: 48
Views: 4696

Re: Cheapest way to move long distance

Budget has always been the best rates for me. I have rented trucks for the standard 4 days for moving trucks from Oklahoma to Texas, Texas to Virginia, Virginia to Boston, and Boston to Maryland. Everytime Budget has been around $300-$500. Gas is on top of that, and I usually do buy the insurance, b...
by RabbMD
Sun Sep 15, 2013 5:02 pm
Forum: Investing - Theory, News & General
Topic: The Incredible Importance of Social Security
Replies: 97
Views: 12642

Re: The Incredible Importance of Social Security

SS won't be there in 25 years when I retire. Let's face it, the system is broke. A system that captures 12.4% of nearly all reported wages up to $113,700 (and adjusted annually) is by definition not broke. In 25 years a significant portion of the baby-boomers are going to be dead so for all you kno...
by RabbMD
Fri Aug 09, 2013 11:21 am
Forum: Investing - Theory, News & General
Topic: VTI / VXUS Dividend
Replies: 7
Views: 1489

Re: VTI / VXUS Dividend

VXUS like a lot of international funds used to only have December one time dividend distributions. However, in 2012 vanguard announced that they would be shifting VXUS to quarterly dividends like their domestic funds. They stated that it would only start in September, thus why 2012 had September and...
by RabbMD
Sun Jul 21, 2013 9:49 am
Forum: Personal Consumer Issues
Topic: Citibank Thank You card rewards gift cards
Replies: 15
Views: 5563

Re: Citibank Thank You card rewards gift cards

Plus if you are talking thankyou points you should be talking the citi forward card. It gets you 5% back on book stores, movies, and restaurants in thankyou points. The kicker is amazon is a bookstore for them. So If I use thankyou points on amazon even on a 1:1 redemption ratio I miss out on that 5...
by RabbMD
Tue May 28, 2013 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer of stock to a charity - is this a no brainer?
Replies: 17
Views: 1307

Re: Transfer of stock to a charity - is this a no brainer?

Calm man... I started this last year, and I agree it is a no brainer. I call it heads I win tails you lose when combined with tax-loss harvesting. So if you have $100,000 in taxable and plan to donate $10,000 a year then you donate anything with a taxable gain at the end of the year (but ideally bef...
by RabbMD
Wed May 22, 2013 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency Room Visit -- HDHP
Replies: 58
Views: 5482

Re: Emergency Room Visit -- HDHP

If one has a HDHP and negotiates and pays instead of submitting the bill to their insurance, doesn't that mean that the expense does NOT apply to their deductible? If one keeps doing that then they essentially don't have health insurance at all because their deductible will never be met and they wi...
by RabbMD
Thu Mar 28, 2013 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Problem Using Savings Bond Wizard
Replies: 7
Views: 576

Re: Problem Using Savings Bond Wizard

Investingdad, try uninstalling and the reinstalling the wizard. Its definately buggie at times.
by RabbMD
Tue Mar 19, 2013 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Paying AMT poll
Replies: 6
Views: 1097

Re: Paying AMT poll

The biggest causes of AMT - you live in a high tax state, you own a home that has large property taxes, you are married with dual income, you have children. One or a combination of them will cause you to feel like you've entered the......twilight zone. :shock: :oops: It also makes it so much easier...
by RabbMD
Tue Mar 19, 2013 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Ending Advisor Relationship & Getting Cost Basis
Replies: 19
Views: 1941

Re: Ending Advisor Relationship & Getting Cost Basis

I think you could ask the advisor to calculate the cost basis for you because you are thinking about selling some bc you need the money, and you want to know what the tax cost would be. Then you could check one of the eight funds yourself to verify his accuracy. Advisors have to do something right? ...
by RabbMD
Tue Mar 05, 2013 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Just finished my 2012 tax return
Replies: 20
Views: 2704

Re: Just finished my 2012 tax return

The bad accountant I used once did not understand uncompensated business expenses for a job search as a 2% agi deduction. The good accountant has made mistakes on passive vs active checkmarks on schedule Es. I occasionally every couple years use the good accountant, but every year I catch mistakes h...
by RabbMD
Mon Mar 04, 2013 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: questions about 529 plan - asset allocation
Replies: 22
Views: 2090

Re: questions about 529 plan - asset allocation

http://www.savingforcollege.com/article ... -529-plans

When I checked last year Maryland did not recapture 529 tax breaks for rollovers.
by RabbMD
Mon Mar 04, 2013 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: questions about 529 plan - asset allocation
Replies: 22
Views: 2090

Re: questions about 529 plan - asset allocation

Michaelseig, I am also a Maryland resident, and use the Maryland trowe price plan exclusively for state tax purposes. I just started using the plan for our 1 year old, and am currently 100% total equity. Maryland limits tax deductions to $2500 per donor per beneficiary, and per my non expert interpr...
by RabbMD
Mon Mar 04, 2013 10:19 am
Forum: Personal Finance (Not Investing)
Topic: pay tax on a Federal tax refund if you do not itemize ???
Replies: 11
Views: 1241

Re: pay tax on a Federal tax refund if you do not itemize ??

Dickenjb... Its even more complicated than that. If you paid enough amt compared to your refund it is not taxable. You have to use a worksheet with specific 2011 tax info to calculate how much if any your state tax refund from 2011 is countable as taxable 1099g income on your 2012 return. Its possib...
by RabbMD
Sun Feb 03, 2013 8:26 am
Forum: Investing - Help with Personal Investments
Topic: target retirement in taxable
Replies: 8
Views: 1070

Re: target retirement in taxable

I hold individual funds in taxable, but in order to change ones asset allocation one doesnt necessarilly need to sell the target fund. You could just add a new pure bond or stock fund with new money to shift your allocation. But tax loss harvesting and loss of the foreign tax credit would be an issue.
by RabbMD
Sun Jan 27, 2013 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: CapitalOne Venture One vs Amex Gold Premier cc
Replies: 4
Views: 1168

Re: CapitalOne Venture One vs Amex Gold Premier cc

Cap one has 0% foreign transaction fee. Amex is like 2.7 right.
by RabbMD
Tue Jan 22, 2013 10:13 am
Forum: Personal Finance (Not Investing)
Topic: What are my options after maxing out Roth?
Replies: 17
Views: 1765

Re: What are my options after maxing out Roth?

Strange that a company knows each employees exact marginal rate to be able to give a bonus with an after tax value enough for a roth... I guess they could just do a reasonable guess, but someone in phaseouts or married could have vastly different marginal rates than someone single. If they just cont...
by RabbMD
Mon Jan 21, 2013 8:15 am
Forum: Personal Finance (Not Investing)
Topic: HSA Bank or Health Savings Administrators?
Replies: 38
Views: 10196

Re: HSA Bank or Health Savings Administrators?

I have almost $35,000 in my hsa, but it's split. $20,000 is in td ameritrade through hsa bank, and $15,000 is part of my emergency fund, and kept at alliant credit union. I have unused receipts for like $10,000 in medical expenses going back 4 years ready to withdraw from the hsa if needed. I am an ...
by RabbMD
Wed Jan 02, 2013 8:29 am
Forum: Investing - Theory, News & General
Topic: American Taxpayers Relief Act of 2012 resources:
Replies: 103
Views: 8076

Re: American Taxpayers Relief Act of 2012 resources:

The second I saw the reference to 401k conversions to roth 401ks I thought the same thing I am sure many people here thought, "Can I now directly rollover aftertax 401k contributions to a roth?" I am still not sure, but I wonder if an easier loophole to the existing method some people have...
by RabbMD
Thu Dec 27, 2012 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversion question from young physician
Replies: 31
Views: 4002

Re: Roth IRA Conversion question from young physician

Saw this was reupped. One more thing to consider asking about your new vanguard 401k. We use Employee Fiduciary with vanguard funds because when I changed our S corps 401K from a high few one in 2008ish vanguard was not doing any small 401ks. Vanguard does not allow admiral funds on index funds in 4...
by RabbMD
Wed Dec 19, 2012 10:29 am
Forum: Investing - Help with Personal Investments
Topic: How to compare apples to oranges for 529 plans
Replies: 6
Views: 683

Re: How to compare apples to oranges for 529 plans

Or do both...

Most 529 plans allow rollovers to other states plans right? Im planning on rolling the entirety to another account like utah every 5 years or so, while new contributions go into my t rowe price higher expense maryland plan.
by RabbMD
Thu Nov 15, 2012 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA worth it if it costs more?
Replies: 20
Views: 1535

Re: Is an HSA worth it if it costs more?

Some basics: I’m 37 y/o in good health with no medical problems, and haven’t been to a doctor in 10 or so years. Can I just touch on this quickly? You should really go to the doctor for an annual physical. I can't think of any health plan that doesn't cover annual checkups, because it saves them so...
by RabbMD
Sun Oct 07, 2012 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Medical specialty, longer residencies worth it?
Replies: 55
Views: 7730

Re: Medical specialty, longer residencies worth it?

I think it would be a huge mistake not to assume that the bottom is going to drop out of salaries for medical professionals over the next 5 to 10 years. There simply is no other way to bring health care costs under control. All the groups will have to give...hospitals, docs, drug companies, device ...
by RabbMD
Sun Aug 19, 2012 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Advantages to keeping long-standing credit card?
Replies: 9
Views: 1765

Re: Advantages to keeping long-standing credit card?

Having converted many citibank cards, I can confirm that you keep their credit history.
by RabbMD
Fri Aug 17, 2012 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: putting money aside for next year taxes
Replies: 23
Views: 2989

Re: putting money aside for next year taxes

Or there is no underpayment penalties if what is witheld is 90% of eventually what is owed in taxes. These are know as safeharbors.

Go to advanced search