Search found 15 matches

by TinpotInvestor
Mon Apr 23, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 115
Views: 16835

Re: Changes to NYS Deferred Compensation Plan

From the April 2018 Quarterly Newsletter: Board Revises Fee Schedule The Plan’s administrative services are supported by a $20 per participant annual fee and an asset-based fee charged every April and October. The participant asset-based fee is charged only to accounts over $20,000 and is not charge...
by TinpotInvestor
Thu Mar 29, 2018 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 115
Views: 16835

Re: Changes to NYS Deferred Compensation Plan

I was just checking through the Nysdcp website and noticed that they charge .40% for annualized asset based fees. That’s above what the expense ratios are. I tried to do a little more digging and there is a lot of people saying it’s actually .60%. Is this new or was it always this way. I always tho...
by TinpotInvestor
Mon Mar 12, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: International completion index for EAFE
Replies: 8
Views: 900

International completion index for EAFE

Why doesn't Vanguard (or any other company) have an international completion index fund that matches up with an EAFE index fund?

This would make approximating the total international stock market much easier when an employer plan has an EAFE index fund as its passive international equity offering.
by TinpotInvestor
Thu Feb 15, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes for 2018 recharacterization of 2017 Roth conversion
Replies: 3
Views: 444

Re: Taxes for 2018 recharacterization of 2017 Roth conversion

Alan, that was useful information, thanks. 1,200 shares of VTHRX (Vanguard Target Retirement 2030 Fund) was converted from Traditional to Roth IRA in 2017. The conversion was reversed by a recharacterization in 2018. 1,227.8260 shares of VTHRX was recharacterized. At first glance, this looks about r...
by TinpotInvestor
Tue Feb 13, 2018 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Taxes for 2018 recharacterization of 2017 Roth conversion
Replies: 3
Views: 444

Taxes for 2018 recharacterization of 2017 Roth conversion

My mom converted about $40,000 of her traditional IRA into a Roth IRA at the end of 2017. In the beginning of 2018, she figured that wasn't a good idea, so she undid the Roth conversion by doing a recharacterization. She got a 1099-R for the conversion. Is there another tax form for the recharacteri...
by TinpotInvestor
Thu Apr 20, 2017 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 115
Views: 16835

Re: Changes to NYS Deferred Compensation Plan

For me, it's not so much the collective investment trusts (CITs), but that they still don't make it easy to invest in a total stock market (TSM) index fund and a total international stock index fund. For TSM, I have to make do by approximating it with the S&P500, mid cap, and small cap index funds. ...
by TinpotInvestor
Thu Apr 13, 2017 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 115
Views: 16835

Re: Changes to NYS Deferred Compensation Plan

Looks like the Board will have a public meeting held at the Empire State Plaza on April 25. This could be very convenient for those that work at the Plaza to attend.

https://www.nysdcp.com/iApp/tcm/nysdcp/ ... ce_apr.jsp
by TinpotInvestor
Tue Apr 11, 2017 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 115
Views: 16835

Re: Changes to NYS Deferred Compensation Plan

I approximate total stock market in the Plan with 84% VIIIX (S&P 500) and 16% VSCPX (small cap index). This results in a Morningstar style box that matches Vanguard Total Stock Market Index Fund (VTSAX). This approximation maps one-to-one with 84% S&P 500 and 16% of the new Blackrock Russell 2500 fu...
by TinpotInvestor
Sat Apr 08, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 115
Views: 16835

Re: Changes to NYS Deferred Compensation Plan

It seems interesting that the Plan doesn't make it too easy to invest in a "perfect" total stock market index fund. The Russell 2500 index is not the perfect completion index to the S&P 500. That would be, instead, the S&P Completion Index, or the Russell Small Cap Completeness index. The Russell Sm...
by TinpotInvestor
Mon Dec 08, 2014 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: One $5,500 IRA purchase on New Year's 2015.
Replies: 3
Views: 962

One $5,500 IRA purchase on New Year's 2015.

In Vanguard, I currently have Automatic Transactions set to "maximized" and "Every two weeks". I am set to maximize my 2014 contributions on 12/31/2014. I am trying to set it so it makes one maximized once a year contribution for the year 2015 on new years day, but the system seems to be thinking in...
by TinpotInvestor
Sun Dec 22, 2013 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Not contributing the max to the IRA?
Replies: 7
Views: 813

Re: Not contributing the max to the IRA?

Ah ha!, thanks for the replies everyone. "Non-deductible traditional IRA" or "non-deductible contributions to a traditional IRA" are the relevant terms of art for this situation. Now I can further my knowledge by doing an internet search. In her case, the purchase of the traditional IRA resulted in ...
by TinpotInvestor
Sun Dec 22, 2013 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Not contributing the max to the IRA?
Replies: 7
Views: 813

Not contributing the max to the IRA?

I was talking to someone and she said that she does not always contribute the max to her traditional IRA, since over a certain amount, she doesn't get any extra on the tax return according to the tax preparer, and it would be silly to put anymore in that year, since it would be taxed as income if sh...
by TinpotInvestor
Sun Dec 15, 2013 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Advice sought for a trust and a joint account
Replies: 5
Views: 726

Re: Advice sought for a trust and a joint account

Why is the trustee asking for advice? Concerns from the beneficiary? I have some experience looking back on a relatives trust that passed to her adult children. Income was not maximized for the beneficiary (surprisingly) but the trust was "professionally" managed and not sure the beneficiary unders...
by TinpotInvestor
Sun Dec 15, 2013 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Advice sought for a trust and a joint account
Replies: 5
Views: 726

Re: Advice sought for a trust and a joint account

A week has passed by and I gave this matter some more thought. I think the way to approach this in an orderly way is: 1) How do the current investments look? Are they suitable for the objectives? What kinds of risks can show up? 2) Is there a boglehead way to satisfy the objectives? What stock/bond ...
by TinpotInvestor
Sun Dec 08, 2013 1:31 am
Forum: Investing - Help with Personal Investments
Topic: Advice sought for a trust and a joint account
Replies: 5
Views: 726

Advice sought for a trust and a joint account

A trustee has sought my input regarding managing the irrevocable trust and the joint account (JTWROS). The joint account holders are the trustee and the beneficiary. The beneficiary of the trust is a ~50 year old woman that lives in New York City with her mother in a rent stabilized apartment. It sh...