Search found 340 matches

by anonenigma
Mon Nov 28, 2016 1:13 am
Forum: Investing - Help with Personal Investments
Topic: My 403(b) new fee structure ?
Replies: 3
Views: 289

Re: My 403(b) new fee structure ?

There are different share classes, some of which include revenue sharing (think "kickback") to the recordkeeper. In theory, you should see lower expense ratios on any funds that did revenue sharing. I'd rather have a modest plan charge and funds with lower expense ratios and no revenue sha...
by anonenigma
Mon Nov 14, 2016 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Help with 457(b) Plan
Replies: 42
Views: 3048

Re: Help with 457(b) Plan

Is there a plan charge in addition to the expense ratios?
by anonenigma
Sat Nov 12, 2016 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Maintenance Cost in HCOL Area
Replies: 9
Views: 917

Re: Housing Maintenance Cost in HCOL Area

Frisco Kid wrote:As already mentioned, age,size and condition of the house comes into play here as does what previous work has been done. You may not need 1% a year, however here in the Bay Area on the Peninsula a new furnace or roof can easily exceed $10K. Can you share where this home is located?


Los Angeles
by anonenigma
Sat Nov 12, 2016 2:17 am
Forum: Personal Finance (Not Investing)
Topic: Housing Maintenance Cost in HCOL Area
Replies: 9
Views: 917

Re: Housing Maintenance Cost in HCOL Area

So 1/2% per year is safe?
by anonenigma
Sat Nov 12, 2016 12:36 am
Forum: Personal Finance (Not Investing)
Topic: Housing Maintenance Cost in HCOL Area
Replies: 9
Views: 917

Housing Maintenance Cost in HCOL Area

A friend is considering the purchase of a $1.2 million home which in 80% of the country would cost $300,000. I mentioned the rule of thumb about anticipating 1% for annual maintenance/repair, but is that really accurate in a HCOL area? The 1% would be $12,000 in the HCOL area but only $3,000 in most...
by anonenigma
Sun Oct 09, 2016 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Max out 401k too early?
Replies: 20
Views: 1638

Re: Max out 401k too early?

Unless I'm thinking about this wrong: Say i contribute 18,000 at the start of the year. My employer only matches 50% of the first 6% which would equate to a match of $540. ((18,000 x 6%) x 50%)). If I spread out the contributions through the year rather than one large lump sum, I would get more emp...
by anonenigma
Wed Sep 21, 2016 1:11 am
Forum: Personal Consumer Issues
Topic: Last minute Portland trip, need help
Replies: 23
Views: 1625

Re: Last minute Portland trip, need help

dogfight531 wrote:Check out Skamania Lodge in Gorge. It would be a good place to stay for a couple of nights.


+ 1. The drive from there to Edgefield's on te old highway is glorious. Be sure to stop at Vista House and Portland Women's Forum and at the waterfalls, of course.
by anonenigma
Mon Sep 12, 2016 11:25 pm
Forum: Personal Consumer Issues
Topic: Where to buy good bookshelves in the bay area?
Replies: 9
Views: 827

Re: Where to buy good bookshelves?

I like the IKEA Billy bookshelves. Solid.
by anonenigma
Sat Sep 10, 2016 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: 403(b) 15-Year Catch-up Rule
Replies: 4
Views: 497

Re: 403(b) 15-Year Catch-up Rule

The "lesser of" suggests $3,000, but if you have been regularly contributing to the 403(b) over the years, you may not be eligible for any additional contributions. This happened to me a few years ago, and my employer, having switched payroll systems, failed to catch it. My additional cont...
by anonenigma
Sat Sep 10, 2016 4:00 pm
Forum: Personal Consumer Issues
Topic: Why is it hard to find >3 year old cheddar nowadays?
Replies: 22
Views: 2687

Re: Why is it hard to find >3 year old cheddar nowadays?

After reading this thread, I checked the weekly ad from Bristol Farms, an unspeakably expensive small grocery chain here in Southern California. They had 4 year old Black Diamond white cheddar for $10.49 per pound. When I went to the store, it turned out to be the 5 year old for that price. Yay. The...
by anonenigma
Mon Sep 05, 2016 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: 457(b) Withdrawal
Replies: 9
Views: 965

Re: 457(b) Withdrawal

RMDs are not the question as the OP is only 68. The OP should get a copy of the 457 plans Summary Plan Description (SPD). The SPD will tell when and how distributions can be made. Get hold of the plan document and ask the employer as well as the plan provider. In my plan, funds cannot be withdrawn,...
by anonenigma
Wed Aug 17, 2016 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Voya 403b fund options
Replies: 24
Views: 1299

Re: Voya 403b fund options

So I was able to find the options available to me on Omni's site, they are: AXA Equitable Life Insurance Company Faculty Services Corp. Foresters Financial (First Investors) Mass Mutual VA NY Life Ins. & Annuity Corp. Oppenheimer Shareholder Svcs. The Legend Group/ADSERV Thrivent Financial for ...
by anonenigma
Thu Jul 28, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Liking the new Citi CC at Costco
Replies: 197
Views: 33590

Re: Liking the new Citi CC at Costco

Is anyone allowing Citibank to text them? They send notifications whenever the card is charged for an amount above the minimum I set. It can be ever so slightly annoying, but it would be an early tripwire for fraud. My bank Visa card is set to do the same thing. On the plus side, it goes into the s...
by anonenigma
Mon Jul 18, 2016 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: 403b rollover
Replies: 1
Views: 185

Re: 403b rollover

By definition, a 403(b) is an employer plan. It is unlikely that you could move the money before termination of employment or reaching age 59.5.
by anonenigma
Sat Jul 16, 2016 4:10 pm
Forum: Personal Consumer Issues
Topic: Mattress Replacement Question
Replies: 8
Views: 1316

Re: Mattress Replacement Question

The mattress world is extremely depressing. The other evening, a friend spoke well of a mattress salesperson who offered to match a better price on the same mattress. She wasn't aware of naming scam - that no two retailers carry mattresses with the same name so that there can be no comparison shoppi...
by anonenigma
Fri Jul 15, 2016 11:13 pm
Forum: Personal Consumer Issues
Topic: Mattress Replacement Question
Replies: 8
Views: 1316

Mattress Replacement Question

In December, we bought a Simmons queen set at a well-known department store. It was comfortable until April, when it started to become painful. I finally called the department store last week and they sent a mattress inspector yesterday. He determined that the box spring was defective, and both that...
by anonenigma
Thu Jul 14, 2016 11:16 am
Forum: Investing - Theory, News & General
Topic: Advise on 403b investment options & cost
Replies: 3
Views: 380

Re: Advise on 403b investment options & cost

They are high compared to what they could be. Contact Vanguard. Someone I know set up her much smaller nonprofit with them.
by anonenigma
Fri Jul 01, 2016 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: 403b account - moving to IRA - how, why, what
Replies: 9
Views: 507

Re: 403b account - moving to IRA - how, why, what

Congratulations on your wife's retirement. If your wife is between age 55 and 59-1/2, I would leave the 403b alone. That will allow her to take penalty free distributions from the 403b should they be needed. She can not do that from an IRA. I don't believe that penalty-free distributions can be tak...
by anonenigma
Sat Jun 11, 2016 12:44 pm
Forum: Investing - Theory, News & General
Topic: What are your friends saying about you?
Replies: 127
Views: 12318

Re: What are your friends saying about you?

Ron Ronnerson wrote:Most of my friends think I'm a poor teacher.


Okay, as long as your students don't think that of you...
by anonenigma
Wed Jun 01, 2016 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)
Replies: 42
Views: 3106

Re: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)

after reviewing my mother's CalSTRS packet, it appears that when my mom said she had to roll-over something at retirement, she was referring to rolling-over her Defined Benefits Supplemental Funds into her Midlands' annuity. in her retirement application, she elected to have it rolled over into the...
by anonenigma
Wed Jun 01, 2016 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)
Replies: 42
Views: 3106

Re: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)

I'm concerned by the details you provide - in part for the same reasons others have mentioned (have you actually spoken with CalSTRS rather than a 403b salesperson, etc.). I'm also concerned because retirement has a sequence that must be followed to assure continuity of health benefits and smooth tr...
by anonenigma
Tue May 31, 2016 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help wiht 403B investing
Replies: 15
Views: 794

Re: Help wiht 403B investing

Here is the list of 403b vendors for LAUSD http://achieve.lausd.net/cms/lib08/CA01000043/Centricity/domain/133/benefits%20administration/active/2014%20Active%20403b%20Vendors.pdf That's an old list. TIAA is back accepting new accounts with a 3% guarantee on the TIAA Traditional in that program. Cal...
by anonenigma
Sun May 22, 2016 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Checking My Thinking [tax efficiency]
Replies: 5
Views: 743

Checking My Thinking [tax efficiency]

The only 403(b) option at my wife's new job at a nonprofit is an annuity with high fees - about 3% per year, with liquidity restrictions. During the first year, there is no employer contribution, and it moves up each year until there's a 5.5% contribution after year 5. These contributions don't requ...
by anonenigma
Fri May 20, 2016 8:23 am
Forum: Personal Consumer Issues
Topic: Trip to Portland, Oregon
Replies: 35
Views: 2714

Re: Trip to Portland, Oregon

https://www.bogleheads.org/forum/viewtopic.php?f=11&t=173936 Perhaps spend a couple of days at the Columbia Gorge? We stayed at the Skamania Lodge in Stevenson, WA. Don't miss views from Vista House and Portland Women's Forum. Also Multnomah and other waterfalls. To get to Stevenson, you have to...
by anonenigma
Tue May 17, 2016 1:27 am
Forum: Personal Finance (Not Investing)
Topic: Business Structuring Tax Question
Replies: 2
Views: 373

Re: Business Structuring Tax Question

Found the beginning of an answer: "However, a K-1 generated from a Form 1120S (LLC or C-Corp, either with the S-Corp election) is reported on the shareholder’s personal tax return on Schedule E. Schedule E is the form used for rental properties, royalties and other investment income including b...
by anonenigma
Sat May 14, 2016 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Business Structuring Tax Question
Replies: 2
Views: 373

Business Structuring Tax Question

As a teacher, I don't pay into Social Security and don't expect to receive any benefits. I have an income producing opportunity and have to decide how to structure the deal. It's a piece of the profits of a business I have helped to establish. It's not consulting income, so not 1099, but I gather th...
by anonenigma
Fri May 06, 2016 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassment of Benefits Riches
Replies: 9
Views: 3258

Re: Embarrassment of Benefits Riches

Mingus, I doubt that medical and dental insurances would coordinate benefits with each other. Sounds like you have an unusual combination. I have no idea. But it works out for me. And apparently my dentist as well. I think that is called fraud - on the part of the dentist. Dale I think that you mis...
by anonenigma
Thu May 05, 2016 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassment of Benefits Riches
Replies: 9
Views: 3258

Re: Embarrassment of Benefits Riches

.... but if she had a few thousand in bills, we'd benefit from double coverage. Maybe I misunderstand your thinking, but you will not be able to collect from both policies for the same incident/procedure. Dale If she needed an endoscopy or other procedure for which the co-pay would be high, wouldn'...
by anonenigma
Thu May 05, 2016 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassment of Benefits Riches
Replies: 9
Views: 3258

Embarrassment of Benefits Riches

My wife and I have good medical PPO coverage (no premium for either of us) from my employer. The annual deductible is $450 per person, and there is a maximum annual out-of-pocket outlay of $7,500 per year. It pays 80% of the Anthem fee schedule. My wife's new job also offers very good PPO coverage f...
by anonenigma
Mon May 02, 2016 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Potential Employer was excited to hire me! Then silence... What did I do?
Replies: 60
Views: 6898

Re: Potential Employer was excited to hire me! Then silence... What did I do?

OP mentions his wife having a teaching certificate, but is she fully credentialed with the appropriate credential for the position (grade level/subject matter)?

Is it possible that there are senior contracted teachers in out-of-classroom positions or on leave who need to be placed?
by anonenigma
Sun Apr 24, 2016 11:40 am
Forum: Investing - Theory, News & General
Topic: Does Knowledge of Fellow Employees’ Retirement Contributions Encourage Greater Participation?
Replies: 6
Views: 735

Re: Does Knowledge of Fellow Employees’ Retirement Contributions Encourage Greater Participation?

If it's a small school, privacy concerns would presumably prevent disclosure. There are lots of reasons, mostly on the expenses side of life, that people are not in a position to defer the IRS maximums. Privacy matters.
by anonenigma
Sat Apr 09, 2016 10:08 pm
Forum: Personal Consumer Issues
Topic: best hospital and clinic for eye vision problems
Replies: 10
Views: 953

Re: best hospital and clinic for eye vision problems

You're close to Stanford if your local ophthalmologists don't meet your needs.
by anonenigma
Wed Apr 06, 2016 9:54 pm
Forum: Investing - Theory, News & General
Topic: [DOL Rule on Fiduciary Standard is Released]
Replies: 105
Views: 6494

New DOL Rules and 403b/457b

The new DOL fiduciary rule provides important protection for people saving for retirement. It applies to 401k, but I don't see that it applies to 403b or 457b. If not, why not? 403b here in California and other states is a market sorely in need of precisely that regulation.
by anonenigma
Sun Mar 20, 2016 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: continue with 403b or switch to CALPERS 457?
Replies: 6
Views: 564

Re: continue with 403b or switch to CALPERS 457?

What 403(b)? Is it CalSTRS Pension 2?
by anonenigma
Thu Mar 17, 2016 12:48 am
Forum: Investing - Help with Personal Investments
Topic: 403B providers [how to choose]
Replies: 8
Views: 713

Re: 403B providers [how to choose]

Is this the CalSTRS Pension 2? If so, it's administered by Voya, not State Street.

CalSTRS Pension 2 is excellent. The rest on the list are not good choices.

Do you have access to a decent 457(b) plan?

See www.403bwise.com
by anonenigma
Wed Mar 16, 2016 8:47 am
Forum: Investing - Help with Personal Investments
Topic: 403(b) Options for Teachers
Replies: 18
Views: 1594

Re: 403(b) Options for Teachers

Likely all high cost annuities. See if the state offers a 457(b) plan for teachers. Check out www.403bwise.com
by anonenigma
Sun Mar 13, 2016 1:05 pm
Forum: Personal Consumer Issues
Topic: Planning a quick 3 day trip to Boston
Replies: 33
Views: 2489

Re: Planning a quick 3 day trip to Boston

Walk the Freedom Trail beginning at the Boston Common - lots of wonderful history. Rent a car and go to Concord for the day to see Walden Pond, the authors ridge at the Sleepy Hollow Cemetery, where Thoreau, Hawthorne, Emerson and Alcott are buried next to each other, the homes of the transcendental...
by anonenigma
Sun Mar 13, 2016 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Additional Salary in Lieu of Benefits
Replies: 19
Views: 1996

Re: Additional Salary in Lieu of Benefits

P.S. Don't be so ready to discount the benefits ('not as good as my teach benefits') offered by the np. Many school districts are moving towards HMO's, while nonprofits still offer the choice of PPO's, and for those that want the flexibility.... Benefits at many small nonprofits are premised on hav...
by anonenigma
Sat Mar 12, 2016 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Additional Salary in Lieu of Benefits
Replies: 19
Views: 1996

Re: Additional Salary in Lieu of Benefits

Is there any reason why they could not do such a deal? Most likely they could do such a deal, but the real question is why should they? Most companies have a percent of employees who don't use all of the benefits. Good companies can estimate this percent and factor it into their budgets. Also remem...
by anonenigma
Sat Mar 12, 2016 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Additional Salary in Lieu of Benefits
Replies: 19
Views: 1996

Additional Salary in Lieu of Benefits

My wife is one of two finalists for a job at a nonprofit here in California. We are insured through my employment as a public school teacher, and it's unlikely that the benefits from the nonprofit would be as good. If they are premised on a HSA, we wouldn't be eligible for them anyway. I've suggeste...
by anonenigma
Sun Mar 06, 2016 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: The Coming Costco AMEX Rebate Problem
Replies: 19
Views: 2841

Re: The Coming Costco AMEX Rebate Problem

My 2 cents... if anyone is forking over 18k to the Costco in a year and is worried about losing eighty bucks they might want to strongly re-focus their priorities and see if there are better ways to make their dollars go further. Not to Costco. All spending of AMEX including recurring bills, busine...
by anonenigma
Sun Mar 06, 2016 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: The Coming Costco AMEX Rebate Problem
Replies: 19
Views: 2841

Re: The Coming Costco AMEX Rebate Problem

The current AMEX rebate, for those who don't carry a credit card balance, is .25% of the first $2,000, .5% for the next $5,500, and 1.5% thereafter. If a member charges $18,000 per year on the card, the rebate would be $190: $5 for the first $2,000; $27.50 for the next $5,500; and $157.50 for the l...
by anonenigma
Sun Mar 06, 2016 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: The Coming Costco AMEX Rebate Problem
Replies: 19
Views: 2841

Re: The Coming Costco AMEX Rebate Problem

Costco needs to find a way to prevent this, or there will be a lot of unhappy members once they do the math. The average Costco member spends $1,445 a year at Costco. The average Costco member has a household income of $96,000. That would put their take home pay around $85,000 a year. You presented...
by anonenigma
Sun Mar 06, 2016 2:59 am
Forum: Personal Finance (Not Investing)
Topic: The Coming Costco AMEX Rebate Problem
Replies: 19
Views: 2841

The Coming Costco AMEX Rebate Problem

As I cashed my 2015 Costco AMEX rebate today, I was thinking about how annoyed I will be when the 2016 rebate (or rebates arrive). The current AMEX rebate, for those who don't carry a credit card balance, is .25% of the first $2,000, .5% for the next $5,500, and 1.5% thereafter. If a member charges ...
by anonenigma
Tue Mar 01, 2016 9:08 am
Forum: Investing - Help with Personal Investments
Topic: 403B Q: TRP Target Date vs Self Constructed Active Fund Allocation
Replies: 3
Views: 280

Re: 403B Q: TRP Target Date vs Self Constructed Active Fund Allocation

In our district's 457b, the T.Rowe Price target date funds were replaced with BlackRock Lifepath index funds with ER of under .2%. What company operates your plan? Does your district have a committee that oversees the plan, or does HR just handle it?
by anonenigma
Mon Feb 29, 2016 1:02 am
Forum: Investing - Help with Personal Investments
Topic: 403(b) for a teacher in CA - Roth or Traditional
Replies: 14
Views: 1490

Re: 403(b) for a teacher in CA - Roth or Traditional

She can contribute to an IRA in addition to the 403b and the 457b. Use traditional 403b on dollars taxed at 25% federal. After that, it's a tossup. If she has a full career teaching (and the pension that goes with it), she could be taxed at 25% (today's rate) on some of her income, which suggests th...
by anonenigma
Mon Feb 08, 2016 11:11 pm
Forum: Personal Consumer Issues
Topic: Stovetop Tea Kettle Recommendations?
Replies: 22
Views: 1939

Re: Stovetop Tea Kettle Recommendations?

Have you considered a glass kettle? The top seller on Amazon apparently doesn't hold up. I have purchased Medelco 12-Cup Glass Stovetop Whistling Kettle and I am pleased with it. When I put it on my gas stove, I place it a bit off center so that the handle is farther from the flame. When I take off...
by anonenigma
Sun Feb 07, 2016 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX Transition - Costco has no answers
Replies: 163
Views: 29091

Re: Costco AMEX Update

Per p. 111 of SEC filing, the new rebate program seems tro be an improvement in that restaurant and travel purchases accumulate a 2% rebate from the beginning. Doesn't the current program begin at a much lower percentage and max out at 2%?
by anonenigma
Tue Feb 02, 2016 10:05 am
Forum: Personal Consumer Issues
Topic: Stovetop Tea Kettle Recommendations?
Replies: 22
Views: 1939

Re: Stovetop Tea Kettle Recommendations?

Qtman wrote:Simplex made in England, will last your life and your family for generations.


From reviews on Amazon, quality appears to have declined.

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