Search found 304 matches

by aida2003
Thu Mar 15, 2018 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Would like to retire Jan. 2, 2019, can I do it?
Replies: 37
Views: 3450

Re: Would like to retire Jan. 2, 2019, can I do it?

niceguy7376 - you are correct that the HSA contribution was raised for 2018. Family is now $6900 plus additional $1000 for over 55 so my 2018 contribution could be $7900. The $6,900 was later revised to $6,850. Also, you should confirm for BH's that your NW includes your house value because you can...
by aida2003
Sun Mar 04, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: New Kid Expenses
Replies: 31
Views: 2301

Re: New Kid Expenses

Re childcare expenses, I thought we paid quite a bit, but I hear that nowadays parents have to pay much more. If it's of good quality, then I agree that they're worth it considering that childcare givers are underpaid in general. If your wife doesn't like her current job and has or will have little ...
by aida2003
Sun Feb 25, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Free Fillable Forms and 1099-R
Replies: 5
Views: 456

Re: Free Fillable Forms and 1099-R

I googled it. Strangely Google couldn't find anything from the IRS directly, but I found my answer on this link: https://pocketsense.com/happens-forgot-add-1099r-tax-return-12039846.html Like some people above understood correctly, taxpayers don't need to file 1099-R unless a federal tax was withheld.
by aida2003
Sun Feb 25, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Free Fillable Forms and 1099-R
Replies: 5
Views: 456

Re: Free Fillable Forms and 1099-R

Thank you for the replies so far. Hmm, should I transmit them for the 2017 then even though they both show zero taxes withheld for both fed and state? We've never withdrawn or received $ from our Roth IRA's and we're still a good few years away from doing that... Thanks again. I'll try to google som...
by aida2003
Sat Feb 24, 2018 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Free Fillable Forms and 1099-R
Replies: 5
Views: 456

Free Fillable Forms and 1099-R

Hello, When I got to the Step 2 on FFF (this is where you fill out your W-2's before transmitting the tax return to the IRS), I saw that in addition to W-2, I'm also asked to add all 1099-R. Were 1099-R's supposed to be added in the prior years? I cannot recall seeing, but I could have blindly misse...
by aida2003
Sat Feb 10, 2018 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a way to figure 2018 taxes?
Replies: 18
Views: 2322

Re: Is there a way to figure 2018 taxes?

I have a question on the 2017 Form 1040 on the offered Excel file at sites.google.com/site/excel1040. We will file a Sch. A this year. We also paid foreign taxes of $74 on the divvies as reported per Vanguard's 1099-DIV. The download from the above site automatically assumes that we want to claim fo...
by aida2003
Fri Jan 12, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 529 plan for the next 6-10 years
Replies: 9
Views: 1922

Re: Help with 529 plan for the next 6-10 years

Thank you for the responses. I like your, SCV-Lawyer, glide path...a very cool graph. I'll printed out to start planning. I agree with Grt2bOutdoors that the costs at colleges will need to normalize in the future somehow. But OTOH, I don't think they plan to do anytime soon especially considering th...
by aida2003
Mon Dec 25, 2017 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 529 plan for the next 6-10 years
Replies: 9
Views: 1922

Help with 529 plan for the next 6-10 years

Hello and happy holidays to y'all ;-). Today I sat down to record the track record of our 529 plan in an Excel file. I never really looked at the statements and it was time to save them for my files after 8.5 years of investing in it. Talk about the negligence LOL and also talk about the luck consid...
by aida2003
Tue Dec 06, 2016 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Informal probate in Massachusetts was easy
Replies: 12
Views: 1764

Re: Informal probate in Massachusetts was easy

In many states there is no probate court administration required when the sole beneficiaries are a spouse and/or children. These are called by various names (Informal, summary administration, etc...). All that is necessary is to open the estate, resolve everything without any probate court involvem...
by aida2003
Tue Dec 06, 2016 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about chase 5/24 rule
Replies: 15
Views: 2208

Re: Confused about chase 5/24 rule

Chase offers a no-fee United Mileage card. Less bennies and frills than the Plus card: but free. It gives a mile for every $2. You can downgrade from United Plus with a phone call. My Netflix bill is set on autopay from the card, which restarts the 18-month clock each and every month. The card is s...
by aida2003
Tue Dec 06, 2016 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Spouses and spending styles...
Replies: 53
Views: 6607

Re: Spouses and spending styles...

Unless you're sure you have very secure jobs, I'm not sure $350k house is advisable on $170k income. But OTOH, I'm very conservative in money matters. I think OP should have a sit-down conversation. If one rushes into home ownership while the other is still 'on the fence', there could be unhappy fri...
by aida2003
Tue Dec 06, 2016 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Spouses and spending styles...
Replies: 53
Views: 6607

Re: Spouses and spending styles...

My wife is not comfortable spending money and it can be a bit annoying. We are grossing between 250k and 280k, have expenses about 40% of our gross, and right around 2 mil net worth (small percentage of that is home equity). Not bad for 43. And our income is close to a 50/50 split. But the more our...
by aida2003
Wed Nov 30, 2016 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Is a CD rate of 3.01% for 84mo a good deal?
Replies: 26
Views: 3867

Re: Is a CD rate of 3.01% for 84mo a good deal?

The math of the penalty is correct. Since I put only $6k, my penalty will be close to $180 if or when I choose to close yearly. Unless your money is already at Andrews you're too late to open a CD as the special ends tomorrow. Glad nobody noticed but while driving to work today I felt a twinge of s...
by aida2003
Tue Nov 29, 2016 3:42 pm
Forum: Personal Consumer Issues
Topic: Credit Card bonuses
Replies: 19
Views: 3234

Re: Credit Card bonuses

If you're new at this and plan to make it a hobby, get the Chase cards, especially the Reserve, FIRST, then move on to other products. Once you have opened five new lines of credit in 24 months, Chase will start denying you (the infamous 5/24 rule), and it is difficult if not impossible to get arou...
by aida2003
Tue Nov 29, 2016 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Qualified div. stocks are 95% of taxable acct. Any ways to reallocate?
Replies: 38
Views: 3086

Re: Qualified div. stocks are 95% of taxable acct. Any ways to reallocate?

I don't think the OP has any better options than continue keeping the stocks. I would unless any of individual stocks is really bad. Instead of reinvesting back into individual stocks, she should choose an index fund and 'reinvest' there. The ratio of taxes paid in the future will shrink when compar...
by aida2003
Tue Nov 29, 2016 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Is a CD rate of 3.01% for 84mo a good deal?
Replies: 26
Views: 3867

Re: Is a CD rate of 3.01% for 84mo a good deal?

Ninegrams wrote:It's been extended to 12/31 per CSR's at Andrews.
They didn't share this tidbit with me :? Good to know for others though.
by aida2003
Tue Nov 29, 2016 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice / Baby #3 On the Way
Replies: 10
Views: 1068

Re: Portfolio Advice / Baby #3 On the Way

1. $2M in savings so that we could officially have financial independence and my husband could quit his job if he wanted to (not to stop working, but to pursue more artistic ambitions). This would provide ~$60-$80k/year using SWR of 3-4%. Is that in a taxable account or deferred account? If the sav...
by aida2003
Tue Nov 29, 2016 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is a CD rate of 3.01% for 84mo a good deal?
Replies: 26
Views: 3867

Re: Is a CD rate of 3.01% for 84mo a good deal?

The EWP does not seem that generous. I was told that if the money is withdrawn early there would be a penalty of 6 months interest. Since the CD would be for $175,000, this represents a penalty of $2625. I have never owned a CD before so perhaps I'm misunderstanding but that's what the rep told me....
by aida2003
Fri Sep 23, 2016 11:09 am
Forum: Personal Finance (Not Investing)
Topic: A personal finance Income Planning Tool (IPT)
Replies: 11
Views: 2861

Re: A personal finance Income Planning Tool (IPT)

This looks like a great tool but involves lots of work to understand on how to use it. However, I already got discouraged by playing on the SimpleCalc tab. :( Even though we have a substantial portfolio for our age, LBYM lifestyle and saving quite aggressively (not MMM style, but still saving almost...
by aida2003
Wed Aug 31, 2016 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 348
Views: 84191

Re: Anyone regret paying off mortgage early?

No regrets at all. We got a 15-year 4.75% mortgage in the early 2000's. We paid it off over 5.5 years. Maybe we could have saved some money to refinance but I didn't want to deal with the paperwork and new requirements. We could have made some money by not repaying it early. Who knows... I don't del...
by aida2003
Tue Aug 30, 2016 7:50 am
Forum: Personal Finance (Not Investing)
Topic: New here- Debt vs. Savings Question
Replies: 57
Views: 5590

Re: New here- Debt vs. Savings Question

I'd say that it would be easier to tackle the OP's questions if she presented her annual expense budget in dollars. I think her situation has more budgeting issues than investment issues. I'm not sure how much it's worth it to work OT when you end up paying almost half of it for taxes :annoyed . Als...
by aida2003
Sun Aug 14, 2016 4:52 pm
Forum: Investing - Theory, News & General
Topic: When Vanguard converts my shares to Admiral, is this a 'price upgrade' or what?
Replies: 5
Views: 1057

When Vanguard converts my shares to Admiral, is this a 'price upgrade' or what?

Hi, I've wanted to ask this question, but I cannot find a rational explanation how I should interpret. So, here's a situation. I was investing VGSIX for a while in the past. After market value reached certain amount (I'm guessing the min for Admiral shares), Vanguard automatically converted my accou...
by aida2003
Sun Aug 14, 2016 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Any lawyers out there. Bike hits car, minor and parents have no insurance
Replies: 91
Views: 9257

Re: Any lawyers out there. Bike hits car, minor and parents have no insurance

This was an interesting thread and I learned quite a bit. Now I consider ourselves 'lucky' that we drive old dented cars so I wouldn't really worry about a bike running into my car. However, I do take an issue that the kid was talking on the phone while riding a bike. Hello, safety first when on the...
by aida2003
Sun Jan 17, 2016 3:46 pm
Forum: Investing - Theory, News & General
Topic: why do investors prefer cash dividends
Replies: 372
Views: 38972

Re: why do investors prefer cash dividends

Wanderer I don't know about Larry's opinion but atleast my opinion on this was just based on writing down a spreadsheet with various possibilities, several years ago. I concluded that as long as dividends are taxed, mathematically, there is NO possibility in which they are a good way to return mone...
by aida2003
Wed Jan 14, 2015 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: PLEASE advise: steps to take when a person dies
Replies: 19
Views: 2285

Re: PLEASE advise: steps to take when a person dies

Very sad. This is why every adult should have clear financial directions written down where their likely survivors know where to find them, with copies off-site in case the house burns down or something. To be honest, this thread will be helpful to myself though, of course, I hope my DH does die fo...
by aida2003
Wed Jan 14, 2015 11:19 am
Forum: Personal Finance (Not Investing)
Topic: PLEASE advise: steps to take when a person dies
Replies: 19
Views: 2285

Re: PLEASE advise: steps to take when a person dies

Thanks so much, BL and Ged. I already noticed useful information. I'll check the book on the Amazon. This should be a great resource. Since the death occurred yesterday, then she'll probably be filing as MFJ for 2014 (I wouldn't know such personal sprecifics). If there's financial benefit to file as...
by aida2003
Wed Jan 14, 2015 9:10 am
Forum: Personal Finance (Not Investing)
Topic: PLEASE advise: steps to take when a person dies
Replies: 19
Views: 2285

PLEASE advise: steps to take when a person dies

Hello, Even though I don't know the person very well, but my good friend is a friend of this lady. I'd love to help so she doesn't need to waste her time researching and have time to grieve. Her (either a GC holder or has the US citizenship) DH died of heart attack yesterday. He was 37 y.o. He's Ame...
by aida2003
Fri Jan 02, 2015 8:45 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 507
Views: 127451

Re: Rick Ferri looking to internationalize his portfolio

Isn't this called tactical asset allocation. or may be even market timing?? I've just read this article and came to BH to ask the same question but the OP beat me to it. To me, it definitely/100% sounds like market timing. Now the question is when he's going to start shifting to int'l and how? Befo...
by aida2003
Tue Oct 28, 2014 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Can anybody to backdoor Roth IRA investments?
Replies: 14
Views: 2537

Re: Can anybody to backdoor Roth IRA investments?

Thank you for the tip, Justin. I guess it pays to act like a tortoise sometimes. I made a mental note to move $$ from Ally savings to our checking account tomorrow. So, the earliest I can open our tIRA's is Sat.
by aida2003
Tue Oct 21, 2014 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Can anybody to backdoor Roth IRA investments?
Replies: 14
Views: 2537

Re: Can anybody to backdoor Roth IRA investments?

It took me too long to come back and check in here. Thank you all so much!! I'm glad I had it right. While away from the BH, I managed to complete my Excel spreadsheet that almost mirrors our 1040 form year over year. I update it twice a year (spring and fall) so I know what to expect in tax season....
by aida2003
Wed Oct 15, 2014 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Can anybody to backdoor Roth IRA investments?
Replies: 14
Views: 2537

Can anybody to backdoor Roth IRA investments?

Hello, I don't really understand the backdoor RIRA thing. I hope somebody can share their knowledge with me. Can anybody invest by using backdoor RIRA method? I would like to invest in Roth IRA for my DH and myself ASAP (I've been waiting almost a whole year to invest in RIRA's already), but I will ...
by aida2003
Fri Sep 26, 2014 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice; Significant Student Loan Burden
Replies: 26
Views: 2705

Re: Need advice; Significant Student Loan Burden

All I'm curious is what kind of profession/field are you both in :shock: . You both have chosen great careers, I think. I agree with other poster that you can easily pay the debts off with such earnings. If you tightened your belts, you could make the loans go away even sooner than 3 years, but agre...
by aida2003
Fri Sep 12, 2014 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Approach my boss about the promo he talked about 6mo ago?
Replies: 3
Views: 615

Approach my boss about the promo he talked about 6mo ago?

Hi, I need some opinions how to handle my situation or just do nothing. :| In Feb, my boss (actually, he's my direct manager's boss, but as a controler he oversees all of us here) called me into his office. He wondered if I'd like to handle books of a newly acquired co. and therefore I'd train a new...
by aida2003
Fri May 30, 2014 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Int'l travel & Fidelity card experiences?
Replies: 20
Views: 5627

Re: Int'l travel & Fidelity card experiences?

In my opinion, that makes the Schwab account & debit card slightly better, since Fidelity can always quietly start charging a 1% foreign transaction fee, without warning customers, and customers can't complain or sue, because the 1% foreign transaction fee was always clearly stated. I'm guessing th...
by aida2003
Thu May 29, 2014 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Int'l travel & Fidelity card experiences?
Replies: 20
Views: 5627

Int'l travel & Fidelity card experiences?

Since we'll be traveling in Eastern Europe in August, I wonder if it's worth it to open a checking account with Fidelity and use its VISA Debit card instead of our WF debit card. Yesterday I had a virtual chat with a rep. All sounds great, but maybe somebody here can help me understand this piece th...
by aida2003
Sat May 24, 2014 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Mentor free retirement calculator
Replies: 4
Views: 985

Re: Financial Mentor free retirement calculator

Yep, I've read good things about this calculator, never used myself. A few PF bloggers had it reviewed with little criticism. Once in a while the author of that site has interesting podcasts to listen to as well.
by aida2003
Mon Mar 17, 2014 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Would you let your employer cover the bill or your auto-ins?
Replies: 2
Views: 428

Re: Would you let your employer cover the bill or your auto-

I guess, I don't understand how it works. The insurance person asked where it happened (at work) and didn't ask any other questions re his employer. They probably know his employer's name and that's how they'll research and go after them :confused , but we didn't have any questions about pictures of...
by aida2003
Mon Mar 17, 2014 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Would you let your employer cover the bill or your auto-ins?
Replies: 2
Views: 428

Would you let your employer cover the bill or your auto-ins?

Hi, In relation to our story in this thread: http://www.bogleheads.org/forum/viewtopic.php?f=2&t=135088&p=1994784#p1994784 the new development is that DH's employer said they'd cover our repair, but we would pay the total bill ourselves and then DH would file an expense report. So, what route would ...
by aida2003
Sat Mar 15, 2014 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend stocks for current income in early retirement?
Replies: 38
Views: 5619

Re: Dividend stocks for current income in early retirement?

And what happens when your blue chips decide to cut the dividends (See 2009) by 20%? Can you still live off them or do you need to sell stocks in a down market. Maybe picking high dividend stocks perform better/have lower volatility but the evidence I have seen tends to be pretty mixed on that. But...
by aida2003
Thu Mar 13, 2014 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Advise please: Tree fell on our car at DH workplace
Replies: 22
Views: 2644

Re: Advise please: Tree fell on our car at DH workplace

Here's the update on the case. DH talked to the employer facility's manager who didn't really know how it is with their insurance, etc. According to him, there was a case years ago when an employee ran into gates when leaving the parking lot and the company helped him out. If it doesn't happen in ou...
by aida2003
Thu Mar 13, 2014 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Planning - Did you ever think?
Replies: 33
Views: 4054

Re: Retirement Planning - Did you ever think?

No, but then again, you don't need to do all these calculations. All you need to do is save a lot and be thrifty. That's what my folks did without any financial knowledge or spreadsheets. All this technology allows us to save less and be less thrifty and still (hopefully) get there. But we don't ne...
by aida2003
Thu Mar 13, 2014 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Advise please: Tree fell on our car at DH workplace
Replies: 22
Views: 2644

Re: Advise please: Tree fell on our car at DH workplace

Do you even have comprehensive insurance? The car's definately in the zone where you probably would drop it. Yes, we do. Based on the above posters sounds it's good we did in case the company wants to do nothing to help us out. Most said that we should avoid 'bad stuff' with the employer so probabl...
by aida2003
Wed Mar 12, 2014 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Does This Person Need Umbrella Ins Coverage?
Replies: 64
Views: 6490

Re: Does This Person Need Umbrella Ins Coverage?

Is the $1m in taxable account only? I might be wrong but retirement accounts (401k, IRA's, etc.) are protected if you're sued. Please correct me if I' wrong or if it depends on the state people reside in.
by aida2003
Wed Mar 12, 2014 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Advise please: Tree fell on our car at DH workplace
Replies: 22
Views: 2644

Re: Advise please: Tree fell on our car at DH workplace

Thanks, JT. That seems simple enough. I was just wondering in case our auto insurance doesn't cover falling trees (though I think I'm wrong), we hesitate to make a claim that isn't covered and then have our premium increased. But your advice seems logical what we should do. Do other people agree wit...
by aida2003
Wed Mar 12, 2014 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Advise please: Tree fell on our car at DH workplace
Replies: 22
Views: 2644

Advise please: Tree fell on our car at DH workplace

Hello, I'd like to request BH advice how to handle everything because we have not a clue and of course we'd like to incur as little expense as possible. Here it goes: There's a very strong wind in our area today which caused an old tree to fall on my DH's car in the parking lot of his employer somet...
by aida2003
Sat Nov 09, 2013 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: PPO or HDHP/HSA? Please help us understand/choose
Replies: 12
Views: 1575

Re: PPO or HDHP/HSA? Please help us understand/choose

Do you live in a state with an HSA state tax benefit?, because that would improve the HDHP HSA advantage even more. We live in NC. I googled yesterday and it says it doesn't tax HSA contributions :D . With the new governor, the income tax rate will fall to 5.8% in 2014, so that add a bit too. I'll ...
by aida2003
Fri Nov 08, 2013 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: PPO or HDHP/HSA? Please help us understand/choose
Replies: 12
Views: 1575

Re: PPO or HDHP/HSA? Please help us understand/choose

And since you mentioned rocket science and medicine in the same post, here's a treat: http://www.youtube.com/watch?v=THNPmhBl-8I This was hilarious, thanks for the treat :mrgreen: . Since I'm not a rocket scientist, I'll stick with my statement though :D . BTW, you gave good examples about colonosc...
by aida2003
Fri Nov 08, 2013 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: PPO or HDHP/HSA? Please help us understand/choose
Replies: 12
Views: 1575

Re: PPO or HDHP/HSA? Please help us understand/choose

4. Make sure the spouse is the primary beneficiary and your trust as the contingent beneficiary. If your spouse passes away first, then you become the owner of the HSA, can treat it as an HSA, and there is no taxable event. Make sure in this circumstance you immediately specify the trust as the rec...
by aida2003
Fri Nov 08, 2013 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: PPO or HDHP/HSA? Please help us understand/choose
Replies: 12
Views: 1575

Re: PPO or HDHP/HSA? Please help us understand/choose

Analysis showed us that if one hits the max family payments in the first year, then the PPO+FSA is a better deal. But if one stays reasonably healthy the first year and contributes the max to the HSA, then the HDHP/HSA is better and then going forward it stays better as one's HSA builds up to cover...
by aida2003
Fri Nov 08, 2013 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: PPO or HDHP/HSA? Please help us understand/choose
Replies: 12
Views: 1575

Re: PPO or HDHP/HSA? Please help us understand/choose

4) Can’t help you. I think I would get the HSA. $1884 in premium savings + 2250 employer contribution is $4134 in savings for the HSA if you have no claims. In-net, the difference in OOP max is $3,300 so in a bad year you still come out $834 ahead in the HSA. I would focus on in-network. BlueCard n...