Search found 160 matches

by Ryebrook
Fri Feb 17, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out Roth - Backdoor conversion same year?
Replies: 4
Views: 305

Re: Maxing out Roth - Backdoor conversion same year?

Ok - so in that scenario I could only contribute $2500 directly to the Roth, and the other $3000 via conversion from tIRA?

If I leave the $3000 in the tIRA, however, I could contribute the max of $5500 to my Roth?
by Ryebrook
Fri Feb 17, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out Roth - Backdoor conversion same year?
Replies: 4
Views: 305

Maxing out Roth - Backdoor conversion same year?

I posted recently about contributing too much to my Roth IRA, and today I was able to complete the recharacterization of those excess contributions to a Traditional IRA today. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=209250&p=3210363#p3210363 Now that the step has been completed,...
by Ryebrook
Thu Feb 16, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Contributed too much to Roth - simplest solution?
Replies: 10
Views: 838

Re: Contributed too much to Roth - simplest solution?

I wanted to follow-up on this post, as we are getting ready to do the recharacterization from Roth to Trad IRA. Since the amounts we will be recharacterizing will be small (~$1650 each), would the STAR fund be an appropriate choice for the Trad IRA investments? It has a low minimum of $1000, and is ...
by Ryebrook
Thu Jan 26, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Contributed too much to Roth - simplest solution?
Replies: 10
Views: 838

Re: Contributed too much to Roth - simplest solution?

I do not think you need to wait to convert after you re characterize the contribution from Roth to Traditional. The waiting period applies if you did a conversion and then recharacterized some or all of the conversion to undo the conversion. In this case, you must wait to re-convert. See Fairmark p...
by Ryebrook
Thu Jan 26, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Contributed too much to Roth - simplest solution?
Replies: 10
Views: 838

Re: Contributed too much to Roth - simplest solution?

Traditional 401(k) for 2017 - our income was higher than usual in 2016 due to cashing out some stock options from my employer.
by Ryebrook
Thu Jan 26, 2017 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Contributed too much to Roth - simplest solution?
Replies: 10
Views: 838

Re: Contributed too much to Roth - simplest solution?

Thank you for the reply. I calculated our MAGI both through the IRS website, and then had our CPA confirm the numbers. We literally were just over by around $3000. My wife and I both have 401(k) plans through work, so our contributions would be non-deductible. We do not have any other IRA accounts o...
by Ryebrook
Thu Jan 26, 2017 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Contributed too much to Roth - simplest solution?
Replies: 10
Views: 838

Re: Contributed too much to Roth - simplest solution?

I called Vanguard and they basically gave me the option to recharacterize to Trad IRA's or withdraw the money.

If I recharacterize and then convert to Roth, are there any tax consequences?
by Ryebrook
Thu Jan 26, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Contributed too much to Roth - simplest solution?
Replies: 10
Views: 838

Contributed too much to Roth - simplest solution?

Good morning, My wife and I contributed too much to our Roth's in 2016 ($5500 each), as our MAGI was higher than anticipated (187,000). According to the IRS calculations, we are only able to contribute $3850 each to the Roth accounts (married filing jointly). I have read other threads regarding what...
by Ryebrook
Wed Dec 14, 2016 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Should I cash out some options?
Replies: 17
Views: 1132

Re: Should I cash out some options?

I ended up cashing out 2017 options this morning, at very near to the all-time high for the stock. I appreciate all of the assistance, and I feel a sense of relief from the transaction. I find it ironic that the Fed raised rates today too...in the long-run it may be a positive effect for the stock, ...
by Ryebrook
Wed Dec 14, 2016 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Should I cash out some options?
Replies: 17
Views: 1132

Re: Should I cash out some options?

Back when I worked for an employer who provided options (before the switch to RSU's), I would usually exercise as soon as vested and move the money over to my usual mutual fund investments. Thought was that the amount of money was significant enough to me that it amounted to too much concentrated r...
by Ryebrook
Wed Dec 14, 2016 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Should I cash out some options?
Replies: 17
Views: 1132

Re: Should I cash out some options?

I do expect the options to be an annual ongoing award, and they have been for the past 13 years.

The current spread for the 2017 options is approximately $12, which historically is above average.

I will check out some of the recommended reading as well. Thanks again for the help.
by Ryebrook
Tue Dec 13, 2016 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Should I cash out some options?
Replies: 17
Views: 1132

Re: Should I cash out some options?

Thank you all for the replies. I learned from this thread, and appreciate the assistance. I am now planning on cashing out my 2017 options tomorrow. I spoke with my CPA, and he was able to quickly check out my tax situation with the added $38,000 included in our income. To be clear, are most of you ...
by Ryebrook
Tue Dec 13, 2016 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Should I cash out some options?
Replies: 17
Views: 1132

Re: Should I cash out some options?

quick and dirty: 28% marginal rate (fed) on the 38K yields 10861.48 in taxes, versus 9697.75 @ 25%==>a difference of only $1163.73. How volatile is the employer's stock versus other investment options or the mortgage?? :) I could go either way, given your income and other savings, and the fact that...
by Ryebrook
Tue Dec 13, 2016 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Should I cash out some options?
Replies: 17
Views: 1132

Re: Should I cash out some options?

quick and dirty: 28% marginal rate (fed) on the 38K yields 10861.48 in taxes, versus 9697.75 @ 25%==>a difference of only $1163.73. How volatile is the employer's stock versus other investment options or the mortgage?? :) I could go either way, given your income and other savings, and the fact that...
by Ryebrook
Tue Dec 13, 2016 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Should I cash out some options?
Replies: 17
Views: 1132

Should I cash out some options?

Hello, I currently have several years of stock options from my employer that range from 0% to 100% vested. The total value today of the vested shares is $88,000 before taxes. I have listed it by amount for each year below: 2016: $30,548 100% vested (already cashed) 2017: $38,791 100% vested 2018: $2...
by Ryebrook
Thu Dec 08, 2016 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help deciding between stock options and restricted stock
Replies: 6
Views: 444

Re: Help deciding between stock options and restricted stock

Thank you for the reply. My stock options expire after year 5, whereas the restricted stock will expire after year 4. You are correct in the tax management of options vs. restricted stock, which is definitely a consideration. I am holding 5 years of options at this point, as well as some restricted ...
by Ryebrook
Thu Dec 08, 2016 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help deciding between stock options and restricted stock
Replies: 6
Views: 444

Help deciding between stock options and restricted stock

Hello, My employer has historically offered Unrestricted Stock Options as a part of the total compensation plan. I should add that it is a public company traded in the U.S. Starting in 2017, they will allow us to make a choice between receiving Unrestricted Stock Options and Restricted Stock shares....
by Ryebrook
Wed Nov 18, 2015 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total International Stock ETF
Replies: 9
Views: 1465

Re: Vanguard Total International Stock ETF

Thank you all for the thoughtful responses.

I plan to take the proceeds from my ESPP stock sale, add a small amount of cash to get to the required minimum of $3,000, and purchased VFWIX in my mutual fund account at Vanguard.
by Ryebrook
Tue Nov 17, 2015 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total International Stock ETF
Replies: 9
Views: 1465

Re: Vanguard Total International Stock ETF

Also, is there any advantage to opening a brokerage account at Vanguard to buy a Vanguard ETV vs simply buying the mutual fund version of the same fund? For example, VFWIX vs. VEU? I understand the expense ratio on VFWIX will be higher until I can reach Admiral status with the fund, but are there an...
by Ryebrook
Thu Nov 12, 2015 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total International Stock ETF
Replies: 9
Views: 1465

Re: Vanguard Total International Stock ETF

That's an interesting recommendation of VEU. I hadn't thought of that option. Is there a settlement account option that would be better for my situation? I have our Roth IRAs through Vanguard, and was just planning on opening a brokerage account with them to keep things as simple as possible. They g...
by Ryebrook
Wed Nov 11, 2015 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total International Stock ETF
Replies: 9
Views: 1465

Re: Vanguard Total International Stock ETF

25% bracket in MI...we have VTIAX in our Roths, but no good Int'l choice in our 401(k) plans. We are also invested in Vanguard Total Stock Market Index fund in our Roths.
by Ryebrook
Wed Nov 11, 2015 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total International Stock ETF
Replies: 9
Views: 1465

Vanguard Total International Stock ETF

Hello, I take part in my company's ESPP, and currently have some shares that may be sold. I do not have any experience with taxable accounts, but understand that in general it is best to keep bonds in tax advantaged accounts. THe proceeds from my sale of stock will not meet the minimum level to purc...
by Ryebrook
Tue Mar 24, 2015 3:42 pm
Forum: Investing - Theory, News & General
Topic: 401(k) Plan Administrator Career Path
Replies: 7
Views: 1291

Re: 401(k) Plan Administrator Career Path

Thank you both for the replies.

Steve, if I may ask, what position do you hold within your company? Is it primarily in finance or HR?
by Ryebrook
Tue Mar 24, 2015 10:23 am
Forum: Investing - Theory, News & General
Topic: 401(k) Plan Administrator Career Path
Replies: 7
Views: 1291

Re: 401(k) Plan Administrator Career Path

Rupert, You have summed up my request nicely. I was curious on the best career path to learn the nuances involved with being a plan administrator for the corporation that is offering the 401(k) to it's employees. I would assume in this position you would have the ability to act with a fiduciary resp...
by Ryebrook
Sun Mar 22, 2015 7:50 pm
Forum: Investing - Theory, News & General
Topic: 401(k) Plan Administrator Career Path
Replies: 7
Views: 1291

401(k) Plan Administrator Career Path

Are there any 401(k) plan administrators that read or are active on this board? I would be very interested in hearing opinions on the best possible career path and educational background for this position. I have always had an interest in finance, and am looking at a possible career change. This see...
by Ryebrook
Wed Nov 12, 2014 8:53 pm
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

Update:

I've been negotiating with three local dealers on a 2014 CR-V LX AWD. After some back and forth, I received a quote of $22,600 OTD (+sales tax only), and we are scheduled to close the deal on Saturday. Any advice on what to expect at closing?
by Ryebrook
Thu Nov 06, 2014 10:29 am
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

My best quotes thus far are: 23,203 for a 2014 25,200 for a 2015 The 2014 price is below invoice (23,947). There is a 3 mpg combined improvement in the 2015 vs. 2014 model. Over the long-term, this would negate the initial price difference. However, the 2015 doesn't seem like a "deal" at t...
by Ryebrook
Wed Nov 05, 2014 4:23 pm
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

Thank you, Leesbro. You have been very helpful, as have the others.
by Ryebrook
Wed Nov 05, 2014 2:58 pm
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

This may be a basic question, but now that I am leaning toward purchasing a new model, I thought I would pose it anyway. I have been checking out the True Car website, and it lists the range of prices that have been paid for the CR-V model I am interested in. Let's assume I try to shoot for a price ...
by Ryebrook
Tue Nov 04, 2014 4:03 pm
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

Thanks POW...all good advice.

I think I may have overestimated the cost of a new LX AWD CR-V as well. Factory invoice is right around $24,000 on the model I am looking at. This makes buying new seem an even better choice.
by Ryebrook
Tue Nov 04, 2014 12:54 pm
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

How would one calculate the total cost of ownership to compare this scenario:

2011 Honda LX AWD w/29,000 miles...assume a price of $18,500
vs.
2015 Honda LX AWD...assume a price of $25,000

For comparison sake, assume we would keep either car for 10 years. I appreciate any help on this.
by Ryebrook
Tue Nov 04, 2014 9:53 am
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

Yes, I know...I suffer from paralysis from analysis. I just want to make sure we get the best deal possible on this. I am surprised at so many advocates to buy new vs. used. I can't seem to get past the $7,000 price difference up front between the 2011 and 2015.
by Ryebrook
Mon Nov 03, 2014 2:25 pm
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

UPDATE:

Currently considering a 2011 CR-V LX AWD with 35k miles, certified pre-owned, listed at $18,000 vs. a new CR-V, same package listed at $25,000. Would you all still recommend buying new vs pre-owned?
by Ryebrook
Fri Aug 08, 2014 11:43 am
Forum: Personal Finance (Not Investing)
Topic: My bank lowered my interest rate on my checking account
Replies: 11
Views: 1513

Re: My bank lowered my interest rate on my checking account

Check out Lake Michigan Credit Union...they pay 3% on up to $15,000 in a checking account...could open up two accounts if both spouse's wanted an account, so you could reach 3% on $30k pretty easily.

www.lmcu.org
by Ryebrook
Fri Jul 25, 2014 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover to 403(b), Roth or new IRA?
Replies: 6
Views: 552

Re: Rollover to 403(b), Roth or new IRA?

If I were to roll it over to the new 403(b), and in the future my wife leaves the employer, would I then lose the ability to roll it into a Roth (or backdoor Roth)? If there are no long-term implications between rolling it into the 403(b) vs into an IRA at Vanguard, I am leaning toward simply rollin...
by Ryebrook
Thu Jul 24, 2014 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover to 403(b), Roth or new IRA?
Replies: 6
Views: 552

Re: Rollover to 403(b), Roth or new IRA?

Ok, so I would basically just be deciding between an IRA at Vanguard, or the 403(b) plan through the employer. Any other advantages to choosing Vanguard over the 403(b) plan or vice versa?
by Ryebrook
Thu Jul 24, 2014 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover to 403(b), Roth or new IRA?
Replies: 6
Views: 552

Re: Rollover to 403(b), Roth or new IRA?

I was looking all over the plan website, but couldn't find any other fees.

The 401(k) and 403(b) are both traditional.
by Ryebrook
Wed Jun 04, 2014 10:35 am
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

Thank you all for the substantial responses already! This board always comes through! My wife and I live in Michigan, and our area especially receives a lot of snow in the typical winter. This year, we had over 120 inches total, so we do receive significant amounts quite often. Also, this purchase w...
by Ryebrook
Wed Jun 04, 2014 7:15 am
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

Buy new! Did an edmunds TCO for 3 year old used vs new and wound up costing about same. New model is bigger AND gets better mileage. RDX is 6 cylinder CRV, and it does lack acceleration off the line. If you can swing the extra, consider it since you're keeping it for the long haul. I find the CRV a...
by Ryebrook
Tue Jun 03, 2014 8:22 pm
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

edited
by Ryebrook
Tue Jun 03, 2014 8:09 pm
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

Re: New vs. Used Honda CRV

edited
by Ryebrook
Tue Jun 03, 2014 7:36 pm
Forum: Personal Consumer Issues
Topic: New vs. Used Honda CRV
Replies: 76
Views: 11131

New vs. Used Honda CRV

edited
by Ryebrook
Mon May 12, 2014 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Friend needs assistance with Student Loans
Replies: 10
Views: 818

Re: Friend needs assistance with Student Loans

mnvalue wrote:I'm not sure how #2 is any less work than #3. It just costs more money.


I don't disagree!
by Ryebrook
Mon May 12, 2014 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Friend needs assistance with Student Loans
Replies: 10
Views: 818

Re: Friend needs assistance with Student Loans

I think I will offer her a few levels of assistance that she can choose from. 1) finaid.org site...looks like it has all the tools one would need if she spent a little time working on it herself. 2) fee-only advisor...if she doesn't want to do the research, hire a fee only advisor to put a plan toge...
by Ryebrook
Mon May 12, 2014 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Friend needs assistance with Student Loans
Replies: 10
Views: 818

Re: Friend needs assistance with Student Loans

I have no idea what the loan amounts are or through what channels she has them (federal, private, etc). I know it is a mix of different loans, however, and she just is overwhelmed with how to refinance them (if they can be refinanced), if any can be forgiven, etc. She's really just looking for advic...
by Ryebrook
Mon May 12, 2014 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Friend needs assistance with Student Loans
Replies: 10
Views: 818

Friend needs assistance with Student Loans

I have a friend that recently graduated as a nurse practitioner, and is struggling to figure out how to best manage her student loans. Finance in general is overwhelming to her, and I offered to try to find her some help. I was fortunate to avoid student loan debt, so I am unfamiliar with the option...
by Ryebrook
Mon Feb 10, 2014 4:33 pm
Forum: Investing - Theory, News & General
Topic: Site to back-test portfolios?
Replies: 5
Views: 440

Re: Site to back-test portfolios?

Thank you!

That is EXACTLY what I was looking for. I appreciate the help!
by Ryebrook
Mon Feb 10, 2014 4:13 pm
Forum: Investing - Theory, News & General
Topic: Site to back-test portfolios?
Replies: 5
Views: 440

Site to back-test portfolios?

Is there a website recommended by Bogleheads to back test mutual fund portfolios? I'm simply looking for a site that would allow me to see a hypothetical return for multiple portfolios. For example, if I wanted to see what historical returns were for a simple 3-fund portfolio made up of VTSAX, VTIAX...
by Ryebrook
Sat Dec 28, 2013 9:19 pm
Forum: Personal Consumer Issues
Topic: Car back up camera
Replies: 22
Views: 1862

Re: Car back up camera

The Gentex system is compatible with the vast majority of vehicles. You would likely need a dealer to install. It is not only available on OnStar packages. I personally prefer the camera display to be in the mirror...if you already have a navigation system in your car, however, it would make sense t...

Go to advanced search