Search found 224 matches

by Thrifty Femme
Sat Aug 19, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: After Tax 401K Contributions Advice
Replies: 6
Views: 206

Re: After Tax 401K Contributions Advice

You need to provide more information. How old are you? How long do you see yourself staying with this company? When do you plan to retire? Are you maxing out all other tax advantaged accounts? The Finance Buff did the math , and after-tax non-roth 401k is still worth it if you can't rollover after 5...
by Thrifty Femme
Sat Aug 19, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: New job, life changes
Replies: 25
Views: 1519

Re: New job, life changes

Angelus359 wrote: ↑
Sat Aug 19, 2017 4:41 am
Actually... Should I be maxing 401k or should I accelerate mortgage payments

It's 2.99%
That's a great interest rate. Max your 401k.
by Thrifty Femme
Sun Aug 13, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: For those switching to Chrome from Firefox
Replies: 31
Views: 2083

Re: For those switching to Chrome from Firefox

In the past couple of weeks, there has been news about companies trying to defeat ad-blockers. That will inevitably lead to countermeasures on the ad-blocking side. Here's one countermeasure that's already available and it applies to Chrome/Chromium users who use UBlockOrigin. uBO-Extra A companion...
by Thrifty Femme
Sun Aug 13, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: Where to buy glasses for eclipse viewing ?
Replies: 64
Views: 4752

Re: Where to buy glasses for eclipse viewing ?

Try your local library, park, or science center. You might be able to get a pair for free.
by Thrifty Femme
Wed Aug 09, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth IRA - what to do with gains?
Replies: 15
Views: 1239

Re: Mega Backdoor Roth IRA - what to do with gains?

If these are direct rollover checks made out to your Roth and TIRA custodians FBO you, you have no choice but to forward them to your IRA custodian for deposit into the respective IRAs. Does the after tax check indicate the payee as your Roth IRA? The after-tax check states FBO me and indicates Rot...
by Thrifty Femme
Mon Aug 07, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Ira vs roth
Replies: 14
Views: 977

Re: Ira vs roth

If you think you'll be in phase-out, I would put it all in Roth now. Then next year, work your taxes and figure out how much could be deductible, then recharacterize that amount before tax day. How hard is it to recharacterizate? It just sounds like a lot of work vs jusy wait. But then I am out of ...
by Thrifty Femme
Sat Aug 05, 2017 12:40 am
Forum: Personal Consumer Issues
Topic: [SOLVED] VG Account Compromised: Please Advise
Replies: 30
Views: 2575

Re: VG Account Compromised: Please Advise

Do you use a service like Personal Capital or Mint? Those services could be trying to update account balances.
by Thrifty Femme
Sat Jul 22, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Questions
Replies: 22
Views: 2132

Re: Mega Backdoor Roth Questions

Doing a mega backdoor roth is accomplished by a non-hardship, in-service distribution of the after-tax sub-account of your 401k account (both contributions and earnings). You are not technically "withdrawing", and that too not just contributions. See if the SPD talks about in-service dist...
by Thrifty Femme
Fri Jul 21, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Questions
Replies: 22
Views: 2132

Re: Mega Backdoor Roth Questions

Or is it 5 years from when the first after-tax contribution is made? It's 60 months of vested service, which I take to mean from start date. I guess it could also mean 60 months from 401k eligibility, which would be start date + 60 days. I doubt I'd be with this employer for 5 years, but that's wha...
by Thrifty Femme
Thu Jul 20, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Questions
Replies: 22
Views: 2132

Re: Mega Backdoor Roth Questions

5 year waiting from your first date of employment or 5 year waiting for each contribution to do in-service withdrawal? Good question. The SPD says the following: Once you have been credited with 60 Months of Vesting Service, you can withdraw all or a portion of your After-Tax Employee Contributions...
by Thrifty Femme
Thu Jul 20, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Questions
Replies: 22
Views: 2132

Mega Backdoor Roth Questions

I'm evaluating a job offer with a 401k plan that offers non-Roth after-tax contributions. The only downside is there is a 5 year waiting period to withdraw the money while in service. I know there is might be some 5 year rules at play regarding rollovers. Can anyone verify this contributions would n...
by Thrifty Femme
Wed Jul 12, 2017 7:53 pm
Forum: Personal Consumer Issues
Topic: Wisdom Teeth Removal: Any experience?
Replies: 17
Views: 945

Re: Wisdom Teeth Removal: Any experience?

What is it like to get your wisdom teeth removed? 1. Does the procedure hurt? No, I was put under general anesthesia. 2. Did you just get local anaesthetic? See number 1. 3. Were there side or after-effects? They nicked a nerve, so I had no feeling around my chin for about two weeks. The feeling ca...
by Thrifty Femme
Wed Jul 12, 2017 7:04 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord: Who's Best?
Replies: 46
Views: 5041

Re: Cutting the Cord: Who's Best?

I like PlayStation Vue, for which you don't need a PlayStation to subscribe.
by Thrifty Femme
Mon Jul 10, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to determine market rate salary
Replies: 7
Views: 1150

Re: How to determine market rate salary

Pay scale.com should help.
by Thrifty Femme
Thu Jul 06, 2017 10:09 pm
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 85
Views: 6843

Re: AAA Cost

$153 for Plus membership with two adults.
by Thrifty Femme
Sat Jul 01, 2017 7:11 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2855
Views: 841132

Re: What Movie Have You Recently Watched?

Despicable Me 3. It was funny, and better than the first one.
by Thrifty Femme
Sat Jul 01, 2017 7:06 pm
Forum: Personal Consumer Issues
Topic: Best cars for multiple kids
Replies: 51
Views: 3286

Re: Best cars for multiple kids

Another vote for the Honda Odyssey. Get the EX-L or above. Nothing beats leather seats with kids!
by Thrifty Femme
Sat Jul 01, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: What are your health insurance stats?
Replies: 89
Views: 5284

Re: What are your health insurance stats?

Here are the details of my employer-sponsored plan: Premium: $0/month for a family Deductible: $2,600 Co-insurance after deductible: 20% paid by me / 80% paid by Plan OOP Max: $6,000 family (100% coverage after this limit) Geography: Mid-west Age: Average age of adults is 41.5 Dental and vision sepa...
by Thrifty Femme
Tue Jun 27, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Admin Requiring IRS Opinion Letter to Roll In Money
Replies: 8
Views: 1247

Re: 401k Admin Requiring IRS Opinion Letter to Roll In Money

I have an update. I found out the new 401k admin is someone I know. He took the IRS RR information Alan S. provided and the instructions for verifying rollovers I found on the IRS website to my company's outside legal council. Opinion or determination letters are no longer required. Thanks again to ...
by Thrifty Femme
Sun Jun 18, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: What Is The Right Amount For An Emergency Fund?
Replies: 27
Views: 2732

Re: What Is The Right Amount For An Emergency Fund?

For myself, I keep the often recommended 6 months worth of cash on hand given my circumstance. I do know that each person's situation is different and how much you keep depends on your circumstance. Yet nobody seems to agree what the sweet spot is. What do you think a good amount is? Be brutally ho...
by Thrifty Femme
Sun Jun 18, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Admin Requiring IRS Opinion Letter to Roll In Money
Replies: 8
Views: 1247

Re: 401k Admin Requiring IRS Opinion Letter to Roll In Money

I Googled for "certifying an IRA contains direct rollover contributions" and found this IRS page last updated this year that explains how to verify rollover contributions to employer plans. That site also references the link Alan S. provided. Hopefully this will be enough to get my employe...
by Thrifty Femme
Sun Jun 18, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: Alternatives to Amazon, Freebooksy, Bookbub, etc.
Replies: 15
Views: 1476

Re: Alternatives to Amazon, Freebooksy, Bookbub, etc.

See if your local library lends ebooks.
by Thrifty Femme
Sat Jun 17, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: 401k Admin Requiring IRS Opinion Letter to Roll In Money
Replies: 8
Views: 1247

Re: 401k Admin Requiring IRS Opinion Letter to Roll In Money

You might want to request a complete copy of the 401k plan document from your employer. There may be details in there about the ability/conditions of the plan to receive rollover money. Requesting a copy of the actual plan document will likely get you a lot more credibility with your employer (or t...
by Thrifty Femme
Fri Jun 16, 2017 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Admin Requiring IRS Opinion Letter to Roll In Money
Replies: 8
Views: 1247

Re: 401k Admin Requiring IRS Opinion Letter to Roll In Money

I don't have the background to answer your question, but your post is a bit unclear. Are you rolling a traditional IRA into your employer's 401(k) plan, and your employer is asking for an Opinion letter? Is your second paragraph asking if you need opinion letters for rolling a 401k plan into your t...
by Thrifty Femme
Thu Jun 15, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Admin Requiring IRS Opinion Letter to Roll In Money
Replies: 8
Views: 1247

401k Admin Requiring IRS Opinion Letter to Roll In Money

The summary plan description for my 401k says rollover are allowed and the brokerage said to fill out the application and mail it in with the FBO check. My benefits people say I need an IRS Opinion letter from the plan that the money is coming from. The problem is the money is coming from a rollover...
by Thrifty Femme
Thu Jun 15, 2017 8:41 pm
Forum: Investing - Theory, News & General
Topic: Poll: 401K Match
Replies: 99
Views: 16804

Re: Poll: 401K Match

52% of contributions. I think you may have the most bizarre match in existence I agree. Maybe the employer wanted to be the only one that offers a 52% match of contributions? While a match of 52% of contributions may sound like a nice deal, the major downside is it forces you to practically max out...
by Thrifty Femme
Wed Jun 14, 2017 9:12 pm
Forum: Investing - Theory, News & General
Topic: Poll: 401K Match
Replies: 99
Views: 16804

Re: Poll: 401K Match

52% of contributions.
by Thrifty Femme
Sun Jun 11, 2017 7:18 pm
Forum: Personal Consumer Issues
Topic: Vue/Sling tv users--what do you miss?
Replies: 43
Views: 2898

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

Vuer here. I miss Viacom channels (History Channel and Nick Jr.) occasionally but not enough to switch to Sling.
by Thrifty Femme
Thu Jun 08, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: GS Bank raised rate to 1.20%
Replies: 21
Views: 3779

Re: GS Bank raised rate to 1.20%

Nice news. I like GS Bank's one day ACH.
by Thrifty Femme
Sun Jun 04, 2017 9:31 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2855
Views: 841132

Re: What Movie Have You Recently Watched?

Star Trek Beyond. Meh. I'll probably skip the next one with this cast.
by Thrifty Femme
Mon May 22, 2017 8:12 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2855
Views: 841132

Re: What Movie Have You Recently Watched?

Logan and Doctor Strange. Logan ain't your typical superhero movie. I wouldn't be surprised if it earns Oscar nominations for Jackman and Stewart. Doctor Strange was ok. Don't watch it under the influence of anything; you'll puke.
by Thrifty Femme
Thu May 18, 2017 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: 401k excess contribution/highly compensated employee
Replies: 17
Views: 1282

Re: 401k excess contribution/highly compensated employee

The match would have to be 100% on the first 4% instead of 50% on the first 8%. The results are effectively the same, since the 10% cap on HCE contributions means that the average non-HCE contribution is 8%. Therefore the "average" employee is already getting a 4% match. So our plan effec...
by Thrifty Femme
Thu May 18, 2017 7:21 pm
Forum: Investing - Theory, News & General
Topic: Understanding a Post Tax 401k
Replies: 19
Views: 2056

Re: Understanding a Post Tax 401k

Do a search on mega backdoor roth. You are fortunate you have access to an after-tax 401k!
by Thrifty Femme
Thu May 18, 2017 7:19 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 13735

Re: For those with $500k-$1m in investments...

I've always wondered at how most people here have large tax-advantaged accounts and relatively small (<10%) taxable accounts. I've only ever been eligible for a 401k(TSP) and an IRA though, so perhaps that explains it (no HSA, SEP, 403-b, Formula 409, et cetera). Little money left after paying bill...
by Thrifty Femme
Thu May 18, 2017 7:15 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 13735

Re: For those with $500k-$1m in investments...

Average Age: 41.5 39.62% Tax free (Roth IRAs, Roth 401k, HSAs) 60.38% Taxed - Taxable investments (brokerage accounts) 5.01% - Tax deferred (401ks and traditional IRAs) 55.37% Cash and 529s are not included. We will continue maxing 401ks, HSAs, and Roth IRAs and throwing extra money at the brokerage...
by Thrifty Femme
Sat May 13, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) Plan Review & Recommendations
Replies: 7
Views: 752

Re: 401(k) Plan Review & Recommendations

Please list all of your options with expense ratios. I suspect you can do better on your own.
by Thrifty Femme
Fri May 12, 2017 9:43 pm
Forum: Personal Consumer Issues
Topic: Best cities for older tech workers?
Replies: 51
Views: 4754

Re: Best cities for older tech workers?

Look at Columbus, Ohio. I read it's becoming the Silicon Valley of the midwest. Lots of technology work in the banking, insurance, and healthcare industries.
by Thrifty Femme
Fri May 12, 2017 9:34 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2855
Views: 841132

Re: What Movie Have You Recently Watched?

Inferno. The book was better.
by Thrifty Femme
Sat May 06, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: 401K subaccount to tIRA, and then back again to 401K
Replies: 5
Views: 320

Re: 401K subaccount to tIRA, and then back again to 401K

Q: Is there any tax pitfall of immediately doing a rollover of the non-basis from my tIRA into my 401K, especially given last month I rollovered funds from my 401K to my tIRA and Roth IRA? I seem to recall there is something about a calendar year that applies, but I don't know the particulars relat...
by Thrifty Femme
Tue May 02, 2017 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRAs With Pre-Tax and Post-Tax Funds
Replies: 5
Views: 513

Re: Traditional IRAs With Pre-Tax and Post-Tax Funds

If you have access to a 401k that accepts rollovers into the plan, another option would be to convert your non-deductible contributions to a Roth IRA and then roll the remaining balance into your 401lk.
by Thrifty Femme
Sat Apr 22, 2017 2:00 pm
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 3653

Re: Best vacuum cleaner for pet hair?

Mr.BB wrote:We have had the heavy duty Dyson for animals (purple color) for years. Works great..just have to remember to clean out the rolling bristles...makes a big difference when you do that.


+1 though it's really heavy.
by Thrifty Femme
Tue Apr 18, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 83
Views: 7733

Re: Did anything surprise you in your 2016 taxes?

We got a $15 refund from the Feds. It's the first time in about 8 years that we've haven't owed the Feds. I'm sure we'll owe again next year.
by Thrifty Femme
Thu Apr 06, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP's - Does your employer offer them?
Replies: 47
Views: 2030

Re: HDHP's - Does your employer offer them?

How can you tell if your employer offers a high deductible health plan? For example, my employer offers a plan with a high deductible (over 3K for me I believe), but doesn't offer HSA for some reason. Does it mean that I can invest in a 3rd party HSA myself? Probably not. A high deductible isn't th...
by Thrifty Femme
Thu Apr 06, 2017 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP's - Does your employer offer them?
Replies: 47
Views: 2030

Re: HDHP's - Does your employer offer them?

How can you tell if your employer offers a high deductible health plan? For example, my employer offers a plan with a high deductible (over 3K for me I believe), but doesn't offer HSA for some reason. Does it mean that I can invest in a 3rd party HSA myself? Probably, my household did that for a co...
by Thrifty Femme
Thu Apr 06, 2017 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP's - Does your employer offer them?
Replies: 47
Views: 2030

Re: HDHP's - Does your employer offer them?

Yes, and they cover the premiums if you select that plan.
by Thrifty Femme
Tue Apr 04, 2017 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?
Replies: 56
Views: 3902

Re: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?

BW1985 wrote:
Thrifty Femme wrote:I get 28 days of PTO. My company will pay out a max of 20 days minus however many days I have taken prior to the two weeks notice, and you can't take off any time during the two week notice period.


Dang, that's a lot!


I negotiated well :happy
by Thrifty Femme
Tue Apr 04, 2017 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?
Replies: 56
Views: 3902

Re: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?

I get 28 days of PTO. My company will pay out a max of 20 days minus however many days I have taken prior to the two weeks notice, and you can't take off any time during the two week notice period.