Search found 630 matches

by TIAX
Fri Apr 28, 2017 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Breath of Fresh Air - Leaving Ameriprise
Replies: 13
Views: 901

Re: Breath of Fresh Air - Leaving Ameriprise

outahere wrote:I have stories... many of them.

Go on.
by TIAX
Thu Apr 27, 2017 12:04 am
Forum: Investing - Help with Personal Investments
Topic: Unable to rollover 401(k) at Schwab
Replies: 5
Views: 580

Re: Unable to rollover 401(k) at Schwab

This is pretty unlikely. Ask for your SPD and Plan Document to confirm.
by TIAX
Wed Apr 26, 2017 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Tax efficient method for selling stock?
Replies: 14
Views: 1201

Re: Tax efficient method for selling stock?

The 2nd most tax efficient way is to give shares to your minor children and have them sell to realize gains of less than about $2100 each. File their tax returns. Make sure the money is spent on things your children need like their food, clothes, toys, and future college expenses. How would one acc...
by TIAX
Wed Apr 26, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Tax efficient method for selling stock?
Replies: 14
Views: 1201

Re: Tax efficient method for selling stock?

The 2nd most tax efficient way is to give shares to your minor children and have them sell to realize gains of less than about $2100 each. File their tax returns. Make sure the money is spent on things your children need like their food, clothes, toys, and future college expenses. How would one acc...
by TIAX
Wed Apr 26, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: Article Bloomberg--BlackRock Forges Two-Tiered ETF Strategy to Fend Off Vanguard
Replies: 5
Views: 900

Re: Article Bloomberg--BlackRock Forges Two-Tiered ETF Strategy to Fend Off Vanguard

What he didn’t mention was that prices weren’t changing on most of BlackRock’s ETF assets -- where fees remain far higher for institutional buyers who crave easy-to-trade securities. The discounts are aimed at retail customers and financial advisers who mostly seek cheap funds. Why can't the instit...
by TIAX
Wed Apr 26, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Employer 401(k) Liability
Replies: 13
Views: 852

Re: Employer 401(k) Liability

We have spoke with a Lincoln Finance guy who told us to convert to a regular 401k, introduced vesting (one objective as we grow is the retain talent) You think annoying your employees by making them wait 6 years to get what they consider theirs will help you "retain talent"? This is why I...
by TIAX
Wed Apr 26, 2017 12:12 am
Forum: Investing - Help with Personal Investments
Topic: Employer 401(k) Liability
Replies: 13
Views: 852

Re: Employer 401(k) Liability

Erisa stone - I was not clear. I am concerned about fiduciary liability related to the 401k. Will choosing index funds only (across the key asset classes) and target date funds (which are comprised of index funds) be the best way to minimize any fiduciary liability risk? The lawsuits are generally ...
by TIAX
Tue Apr 25, 2017 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Employer 401(k) Liability
Replies: 13
Views: 852

Re: Employer 401(k) Liability

futureman wrote:We have spoke with a Lincoln Finance guy who told us to convert to a regular 401k, introduced vesting (one objective as we grow is the retain talent)

You think annoying your employees by making them wait 6 years to get what they consider theirs will help you "retain talent"?
by TIAX
Tue Apr 25, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling over 401k to Vanguard & time for annual rebalance. Need advice.
Replies: 8
Views: 495

Re: Rolling over 401k to Vanguard & time for annual rebalance. Need advice.

Rolling the 401(k) over to an IRA may prevent you from doing a backdoor Roth. Unless the expense ratios are terrible in the 401(k), consider not doing the rollover.
by TIAX
Tue Apr 25, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Single Premium Immediate Annuity
Replies: 16
Views: 1307

Re: Single Premium Immediate Annuity

The Wizard wrote:
dm200 wrote:2. SPIAs (as far as I know) are generally not "gender neutral". Men get more monthly income for life than women for the same purchase price.

Some are, TIAA in particular...

Would this mean that men should avoid TIAA?
by TIAX
Tue Apr 25, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401k recommendations?
Replies: 50
Views: 1504

Re: Solo 401k recommendations?

I would add one more potential disadvantage to a Vanguard Individual 401k. The do not allow you to specify employee eligibility criteria. The three others allow you to specify the IRS allowed maximums. Up to an age 21 restriction and 1 year service requirement >= 1,000 hours. This allows you to hir...
by TIAX
Tue Apr 25, 2017 12:29 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401k recommendations?
Replies: 50
Views: 1504

Re: Solo 401k recommendations?

You don't have to mail checks at Fidelity. You can make electronic contributions to a Fidelity SE 401k. It is a fast, but two step process. Make an electronic transfer to a Fidelity Cash Management Account in the name of the business. If the pull request from Fidelity is in by 4:00PM ET, the funds ...
by TIAX
Tue Apr 25, 2017 12:27 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401k recommendations?
Replies: 50
Views: 1504

Re: Solo 401k recommendations?

Superorb wrote:If Vanguard does not allow incoming rollovers they will be off the list.

At least send an email to Vanguard to let them know.
by TIAX
Mon Apr 24, 2017 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k recommendations?
Replies: 50
Views: 1504

Re: Solo 401k recommendations?

Vanguard i401k, $3K min: TSM; VTSMX = 0.16%, ISM; VGTSX = 0.18%, TBM; VBMFX = 0.16%, Roth, no rollover, no brokerage, no loans, Investor Shares only, no Admiral shares. There is no minimum with a Vanguard i401k. This is a good post on where to open i401ks - Where To Open Your Solo 401K . Although F...
by TIAX
Mon Apr 24, 2017 10:35 pm
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 4804

Re: New job and offer - recruiter sent a wrong $$

Go over the recruiter and contact the manager at the new company directly and try to negotiate with him.
by TIAX
Thu Apr 20, 2017 6:29 am
Forum: Investing - Help with Personal Investments
Topic: [Should I invest in an IPO?]
Replies: 11
Views: 1069

Re: [Should I invest in an IPO?]

[Moved into a stand-alone thread from: 29 Year old New Investor Needs help- Vanguard Index Funds --admin LadyGeek] I'm new to Bogleheads. Would appreciate any comment on new IPO YayYo and whether anyone has looked into investing in it. I would like to possibly do so if I could purchase it through f...
by TIAX
Tue Apr 18, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 82
Views: 6484

Re: Did anything surprise you in your 2016 taxes?

Got married in late 2015, and i *thought* we had both changed our withholding to "Married, but withhold at higher single rate" - turns out only one of us did - the other was withholding at the standard Married rate, which meant the surprise of a hefty tax payment instead of a small refund...
by TIAX
Tue Apr 18, 2017 3:26 pm
Forum: Personal Consumer Issues
Topic: How to make best use of lunch with the company president/CEO?
Replies: 55
Views: 5229

Re: How to make best use of lunch with the company president/CEO?

This would make a great opportunity to lobby for a better 401(k). On a serious note, consider what you can say to help your career, not improve some process.
by TIAX
Mon Apr 17, 2017 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Advice on an incompetent advisor
Replies: 9
Views: 1082

Re: Advice on an incompetent advisor

Assuming you have damages, many lawyers take FINRA arbitration cases on contingency.
by TIAX
Wed Apr 12, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Will - what is complicated?
Replies: 72
Views: 3917

Re: Will - what is complicated?

Most attorneys will meet with you for free. Meet with one and ask them.
by TIAX
Wed Apr 12, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Legality of renters posting reviews of a condominium complex?
Replies: 82
Views: 3498

Re: Legality of renters posting reviews of a condominium complex?

But assuming that's not the case and these are just disgruntled tenants, what law do you think would prevent them from posting their opinions to website intended for that very purpose? The issue is they are not owners, just renters. A condominium serves it's owners , not renters. So I am confused w...
by TIAX
Wed Apr 12, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Legality of renters posting reviews of a condominium complex?
Replies: 82
Views: 3498

Re: Legality of renters posting reviews of a condominium complex?

If you sue them for defamation and win or get a default judgment, you'd likely be able to get an order for yelp to take down the reviews. But this is probably not a great idea. Perhaps you should try to address the negative reviews.
by TIAX
Tue Apr 11, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Breaking up with my Financial Advisor
Replies: 37
Views: 2457

Re: Breaking up with my Financial Investor

Call Vanguard and have them do a teleconference with your adviser and you.
by TIAX
Sat Apr 08, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Taxation of multi-member LLC startup costs incurred by one member
Replies: 2
Views: 260

Taxation of multi-member LLC startup costs incurred by one member

If a member of an multi-member LLC (treated as a partnership) personally paid startup costs in 2016 (forming the LLC), but before the business otherwise began operating, how would those costs be reported? Does the LLC need to file 2016 form 1065 , partnership return? According to the instructions to...
by TIAX
Fri Apr 07, 2017 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Australia - Could I get some noob advice please?
Replies: 28
Views: 1161

Re: Australia - Could I get some noob advice please?

Would it follow then that we'ld be a better with a hedged option now (AUD isn't exactly robost), switching unhedged if the AUD strengthens again? By switching I mean new purchases to different allocation, not selling out of hedged (unless there was an advantage at the time.)? Sure. But, as in stock...
by TIAX
Fri Apr 07, 2017 5:43 am
Forum: Investing - Help with Personal Investments
Topic: Australia - Could I get some noob advice please?
Replies: 28
Views: 1161

Re: Australia - Could I get some noob advice please?

Are you saying you wouldnt have more than 10% in Aussie? Therefore 60% international? Hadn't considered that, but I can see the logic. We're such a tiny, bank/resources heavy market. Australia is 2.5% of the FTSE Global All Cap Index so 10% would already be massively overweighting Australian stocks...
by TIAX
Fri Apr 07, 2017 5:13 am
Forum: Investing - Help with Personal Investments
Topic: Australia - Could I get some noob advice please?
Replies: 28
Views: 1161

Re: Australia - Could I get some noob advice please?

Australia is not the situation a US investor faces. The country imports just about everything (except food and raw materials; even there, it's quite common not to have gas heating in a country with some of the world's largest gas exports) that it consumes. Travel abroad is also a major desire for m...
by TIAX
Tue Apr 04, 2017 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Corrected 1099
Replies: 8
Views: 911

Re: Vanguard Corrected 1099

so, Vanguard fixed it by switching from average (or whatever the default is) to specid, and now its all good. funny enough, the original form was correct, but the "corrected form" was wrong, and the corrected, corrected form is the original form..... sigh.... Keep in mind that the IRS rec...
by TIAX
Mon Apr 03, 2017 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Corrected 1099
Replies: 8
Views: 911

Re: Vanguard Corrected 1099

so, Vanguard fixed it by switching from average (or whatever the default is) to specid, and now its all good. funny enough, the original form was correct, but the "corrected form" was wrong, and the corrected, corrected form is the original form..... sigh.... Keep in mind that the IRS rec...
by TIAX
Mon Apr 03, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Verbal abuser at work
Replies: 37
Views: 2660

Re: Verbal abuser at work

OP, can you provide examples of the abuse?
by TIAX
Mon Mar 27, 2017 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: 401k - Excess Distribution Payment
Replies: 5
Views: 435

Re: 401k - Excess Distribution Payment

Ask your employer to convert the plan to a safe harbor 401(k) . The employer would then be required to contribute to the non-highly compensated employees' 401(k) either: (1) 3% of their compensation; or (2) matching 100% of their first 3% of contributions and 50% of their next 2% of contributions. M...
by TIAX
Mon Mar 27, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: More support for backdoor Roth? [Roth IRA Decision reversing Tax Court]
Replies: 27
Views: 2880

Re: More support for backdoor Roth? [Roth IRA Decision reversing Tax Court]

learning_head wrote:To minimize number of transactions, I do it once every 2 years - between Jan and Apr, contributing for both prior and current year and then converting both right away.

You delay contributing by over a year just to avoid filing a form?
by TIAX
Sun Mar 26, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: 100% stocks w/pension?
Replies: 40
Views: 4373

Re: 100% stocks w/pension?

Myself and the wife are planning on retiring at 54, which would give us both the required 35 years of work for full Social Security benefits. I forgot to mention the wife also has a state pension at 50% of her annual income when she would be retiring. Keep in mind that, past the second bend point, ...
by TIAX
Sun Mar 26, 2017 12:43 am
Forum: Investing - Help with Personal Investments
Topic: Suggestion needed for Corporate Bonds/Funds
Replies: 8
Views: 623

Re: Suggestion needed for Corporate Bonds/Funds

What's your federal and state tax rate? What state do you live in?
by TIAX
Sat Mar 25, 2017 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from 1099 to w2, what to do with an i401k and retirement saving options
Replies: 7
Views: 571

Re: Moving from 1099 to w2, what to do with an i401k and retirement saving options

If you actually terminate the business, then yes you must terminate the solo 401k. However, there is no requirement for the business to actually have net profit in which to make solo 401k contributions each year. If you were a sole proprietor, how would you even "terminate" the business?
by TIAX
Sat Mar 25, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Moving from 1099 to w2, what to do with an i401k and retirement saving options
Replies: 7
Views: 571

Re: Moving from 1099 to w2, what to do with an i401k and retirement saving options

It would have to be really bad to invest in a taxable account over contributing to an employer 401k. grabiner has a rule of thumb formula which slips my mind at the moment, but even in my work 401k where I'm paying a total of 1.6% in ERs and admin expenses, it still works out better than a taxable ...
by TIAX
Fri Mar 24, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Fund changes - A little help?
Replies: 5
Views: 383

Re: Vanguard Fund changes - A little help?

Evidently they are doing some moves by me and making changes so wanted to pick the forums' brain to see if any concern or perhaps a To -> from 1) They are changing from Vanguard TSM Institutional Plus to Vanguard Institutional Total Stock Market Index Trust..same ER (.02). Anyone know about this Tr...
by TIAX
Thu Mar 23, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Why did my fund GO UP so much?
Replies: 33
Views: 2792

Re: Why did my fund GO UP so much?

This is another reason why you should only invest in admiral funds.
by TIAX
Wed Mar 22, 2017 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Corrected 1099
Replies: 8
Views: 911

Re: Vanguard Corrected 1099

thanks tiax. just found this post as well, appears to be same/similar issue. i have sent a secure message, i guess i will call to get it escalated as well. https://www.bogleheads.org/forum/viewtopic.php?t=213035 Try to have someone from Vanguard's "Executive Response Team" handle this iss...
by TIAX
Tue Mar 21, 2017 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Corrected 1099
Replies: 8
Views: 911

Re: Vanguard Corrected 1099

This has happened twice to me now. Apparently, Vanguard makes this mistake on a regular basis (issues an incorrect "corrected" 1099-B, changing the cost basis method from SpecID to FIFO for no reason). You'll need to call and escalate this up the chain. Vanguard will need to issue another ...
by TIAX
Tue Mar 21, 2017 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Plans in a New Small Business
Replies: 6
Views: 410

Re: Retirement Plans in a New Small Business

Stan Dup wrote:So, the employer portion of a solo 401k seems like the best option? Allowing me to save up to 20% of my total income between the two jobs?

You will only be able to save around 20% of the startup's net income, not your W2 job.
by TIAX
Mon Mar 20, 2017 9:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard fund managed by Legg Mason
Replies: 1
Views: 500

Vanguard fund managed by Legg Mason

Vanguard recently announced an advisor change to Explorer Fund and, toward the end, it states: About ClearBridge ClearBridge managed approximately $120 billion in assets across 32 domestic, international, global, and specialty equity strategies as of February 28, 2017. The firm is an independently m...
by TIAX
Sun Mar 19, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 212
Views: 39670

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

The moral of the story, as hard as it is, I would let it go. There is nothing to gain by suing him. Sure, he deserves to be jailed, but really what he did was he saw an out for his financial situation by stealing from your mother. The money is gone and it isn't coming back. You are going to have yo...
by TIAX
Sun Mar 19, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax 2016 purchase source
Replies: 91
Views: 12906

Re: Turbo Tax 2016 purchase source

TurboTax Deluxe 2016 Tax Software Federal & State + Fed Efile PC download now $35.79 on Amazon.
by TIAX
Sun Mar 19, 2017 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Out of the norm all-equity portfolio to compliment pensions
Replies: 13
Views: 577

Re: Out of the norm all-equity portfolio to compliment pensions

It may be helpful if you post your salaries, how much you have in your 403(b)s, and information about your pensions (when you become vested, how much it will be, whether the pensions are funded, etc.).
by TIAX
Thu Mar 16, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: 1st Request; Post-Retirement Plan Critique
Replies: 25
Views: 2052

Re: 1st Request; Post-Requirement Plan Critique

I picked (perhaps wrongly) the Extended Market Funds because it contained both Mid & Small Caps and that the historical 10 year returns looked better than the individual Mid and small cap index funds ( I could be wrong here ). I Did however notice that every time I do a portfolio analysis, it t...
by TIAX
Thu Mar 16, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: I can't contribute to my 401(k) due to "safe harbor" rules
Replies: 15
Views: 1831

Re: I can't contribute to my 401(k) due to "safe harbor" rules

Safe harbor rules have nothing to do with when you can start contributing. Your employer can amend the plan document and allow immediate contributions. It's unfortunate that so many employers do this. There's really no reason for it and any cost savings are minimal. For example, Employee Fiduciary'...
by TIAX
Thu Mar 16, 2017 9:46 am
Forum: Investing - Help with Personal Investments
Topic: I can't contribute to my 401(k) due to "safe harbor" rules
Replies: 15
Views: 1831

Re: I can't contribute to my 401(k) due to "safe harbor" rules

Safe harbor rules have nothing to do with when you can start contributing. Your employer can amend the plan document and allow immediate contributions. It's unfortunate that so many employers do this. There's really no reason for it and any cost savings are minimal. For example, Employee Fiduciary's...
by TIAX
Thu Mar 16, 2017 9:15 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) Traditional vs Roth
Replies: 26
Views: 1692

Re: 401(k) Traditional vs Roth

What's your state income tax? What will be your state income tax in retirement?

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