Search found 79 matches

by bandoba
Thu Aug 25, 2016 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 336
Views: 102697

Re: The Mega Backdoor Roth IRA

Has anyone done this from a T. Rowe Price 401k into a Vanguard Roth IRA? I just confirmed with T. Rowe Price that I am able to contribute 10% of income after-tax, that in-service withdrawals of after-tax contributions are allowed, and that I can do unlimited withdrawals without fee. I just changed ...
by bandoba
Wed Aug 24, 2016 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 336
Views: 102697

Re: The Mega Backdoor Roth IRA

I do option B. Roth IRAs are more flexible than Roth 401ks, and I'm not too bothered by paying taxes on earnings of a few months. It's not worth the hassle to me to separate the earnings and then move them back to the 401k. If I could accomplish that online without picking up a phone, I might consi...
by bandoba
Tue Aug 23, 2016 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 336
Views: 102697

Re: The Mega Backdoor Roth IRA

I recently started making after-tax 401K contributions at Fidelity. Originally I was planning to convert after-tax money into Roth IRA at Vanguard after every pay check. But our plan charges $20 fee every time I want to withdraw after-tax contributions. Given that I am now trying to find out what's ...
by bandoba
Tue Aug 02, 2016 11:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard 529 plan growth portfolio price tracking
Replies: 10
Views: 1126

Re: Vanguard 529 plan growth portfolio price tracking

This looks like it could be very helpful for our Google spreadsheet. I have the Vanguard (Nevada plan) aggressive growth portfolio 529 for my child. Will cut and pasting the above work for my google spreadsheet? Does the above just get the price per share value and then would I need to multiply it ...
by bandoba
Tue Aug 02, 2016 12:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard 529 plan growth portfolio price tracking
Replies: 10
Views: 1126

Re: Vanguard 529 plan growth portfolio price tracking

Thanks for the replies. I dug a little more and figured out a way to parse the price from its web page. You can use the following google spreadsheet macro to get it, importXML("https://personal.vanguard.com/us/funds/snapshot?FundId=4510&FundIntExt=INT","//*[@id='colMcontent']/tab...
by bandoba
Thu Jul 28, 2016 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Clarification needed on Mega backdoor Roth
Replies: 9
Views: 1269

Re: Clarification needed on Mega backdoor Roth

retiredjg wrote:If you do not have any money (other than a few stray pennies) in tIRA, Rollover IRA, SEP IRA or SIMPLE IRA at the end of the year in which you use the back door, the back door is not affected and you can still do it.


Great, thanks for the confirmation.
by bandoba
Thu Jul 28, 2016 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Clarification needed on Mega backdoor Roth
Replies: 9
Views: 1269

Re: Clarification needed on Mega backdoor Roth

retiredjg, appreciate your detailed reply. Thanks for explaining the difference and also specific requirements on documentation. I'm thinking of doing conversions right after money is available. So I will keep those records. One more thing - I didn't specially ask but based on your response it looks...
by bandoba
Wed Jul 27, 2016 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Clarification needed on Mega backdoor Roth
Replies: 9
Views: 1269

Re: Clarification needed on Mega backdoor Roth

I am in same situation as OP and have some follow up questions. I would really appreciate your comments. ⋅ OP, I would like to know if you actually tried converting after-tax contributions to Roth IRA in Vanguard? Was it straight forward process? ⋅ I plan to do same thing as OP b...
by bandoba
Fri Apr 29, 2016 10:54 am
Forum: Investing - Theory, News & General
Topic: Vanguard Small Cap Value Index Expense Ratio Decreases
Replies: 24
Views: 2675

Re: Vanguard Small Cap Value Index Expense Ratio Decreases

Here's my sheet with the number of shares modified. https://docs.google.com/spreadsheets/d/1BHSLF1xOAG9jY6uwNEmJ5VKVfDqx51bO-ByfWqRqi1c/edit?usp=sharing It relies on the following tax efficiency calculations I made: https://docs.google.com/spreadsheets/d/12okbyUlGIsz5nLi3I9R7QdkfNx9XX8GGp0-cwikG0Ts...
by bandoba
Fri Apr 29, 2016 9:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard Small Cap Value Index Expense Ratio Decreases
Replies: 24
Views: 2675

Re: Vanguard Small Cap Value Index Expense Ratio Decreases

I love Google Sheets and Docs, but why do you guys put ER into the spreadsheet? it allows us to dynamically calculate the yearly expense of our portfolio; that is, the money-weighted expense ratio of our investments. Maybe it's just eye-candy to some, but I like to have all possible information abo...
by bandoba
Mon May 11, 2015 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 306
Views: 71074

Re: Share your networth progression

I've only tracked since 1/2007. I can guess a starting number of $0 in 1993 when I was one year out of college and just drained my savings to pay off student loans. January 1993 $0 ... 2007 $250,538 2008 $315,649 2009 $351,306 2010 $585,688 2011 $670,171 2012 $781,338 2013 $1,031,978 2014 $1,307,84...
by bandoba
Wed Apr 29, 2015 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: One share of BRK.B for Geico discount?
Replies: 22
Views: 5693

Re: One share of BRK.B for Geico discount?

I switched to GEICO today. I'm buying my first individual stock ever, BRK.B, to get the ~8% discount. :D Based on my experience I would recommend confirming with GEICO first. I switched to GEICO last week and then also purchased BRKB assuming I will get the discount. I was told that I'm already get...
by bandoba
Wed Apr 29, 2015 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: One share of BRK.B for Geico discount?
Replies: 22
Views: 5693

Re: One share of BRK.B for Geico discount?

I switched to GEICO today. I'm buying my first individual stock ever, BRK.B, to get the ~8% discount. :D Based on my experience I would recommend confirming with GEICO first. I switched to GEICO last week and then also purchased BRKB assuming I will get the discount. I was told that I'm already get...
by bandoba
Thu Feb 05, 2015 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: For those who have living trusts...
Replies: 43
Views: 7173

Re: For those who have living trusts...

Regarding naming beneficiaries - I've already named my spouse as primary beneficiary for retirement accounts and I have joint registration for individual I-Bonds. But I am thinking about the case when both me and DW pass away at the same time. In such case, unless trust is named as secondary benefi...
by bandoba
Wed Feb 04, 2015 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: For those who have living trusts...
Replies: 43
Views: 7173

Re: For those who have living trusts...

What about cars inside living trusts? Can cars be titled in one (I live in PA...I'd be specifically interested in that)? Will insurance charge more for a car titled to a Revocable Living Trust? I get it that you have to check with your specific state and insurer, but just wondering what anyone's ex...
by bandoba
Wed Feb 04, 2015 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: For those who have living trusts...
Replies: 43
Views: 7173

Re: For those who have living trusts...

BTW, Vanguard trust account registration form asks for type of trust. Based on reading it seems that Revocable living trust a grantor trust. Though it can also be considered trust under agreement. So I could choose 2 options on the form. Can anyone share if they chose Grantor Trust or Trust under ag...
by bandoba
Wed Feb 04, 2015 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: For those who have living trusts...
Replies: 43
Views: 7173

Re: For those who have living trusts...

Kevin, appreciate your detailed reply. I missed it earlier as I forgot to subscribe to this thread. Regarding naming beneficiaries - I've already named my spouse as primary beneficiary for retirement accounts and I have joint registration for individual I-Bonds. But I am thinking about the case when...
by bandoba
Fri Jan 30, 2015 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: For those who have living trusts...
Replies: 43
Views: 7173

Re: For those who have living trusts...

I thought of couple more questions... ⋅  I-Bonds: did you guys end up moving I-Bonds under the trust? Is that easy process? ⋅  Can a couple still purchase maximum allowed 10K I-Bonds and move it under trust where the total would exceed 10K? ⋅  Some financial forms ask f...
by bandoba
Fri Jan 30, 2015 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: For those who have living trusts...
Replies: 43
Views: 7173

Re: For those who have living trusts...

This is one of the best threads on Livings trusts and related experiences that I have found. Thanks to everyone and specifically to Kevin for posting their experience with or without Nolo based trusts. I'm in process of moving assets under our revocable living trusts. Our main purpose is avoid proba...
by bandoba
Thu Jan 15, 2015 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Small Cap Value worth it?
Replies: 33
Views: 5255

Re: Small Cap Value worth it?

livesoft, by "rebalancing moves" do you mean rebalancing couple of times a year or something else?

edited to fix typos.
by bandoba
Mon Jan 05, 2015 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA timing with TIRA -> 401k rollover
Replies: 8
Views: 915

Re: Backdoor Roth IRA timing with TIRA -> 401k rollover

Duckie, I opened new backdoor Roth last year and as a result I have TIRA at Vanguard with 0 balance. Based on your response, it looks like one can reuse the existing TIRA as well as Roth for 2015 or years to come. In other words, you add new funds to existing TIRA and then convert to (existing) Roth...
by bandoba
Sun Nov 23, 2014 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Questions about 401K rebalancing
Replies: 1
Views: 466

Questions about 401K rebalancing

Hello Bogleheads, I'm looking for some help with rebalancing of my 401K funds. Here is brief background: I am trying to consolidate into 3 funds portfolio. I recently changed jobs and the new employer 401K provides much better options. Specifically it has very low ER Vanguard & Fidelity funds fo...
by bandoba
Thu Sep 18, 2014 9:10 pm
Forum: Personal Consumer Issues
Topic: OBi110 -or- Ooma Telo for home phone service?
Replies: 33
Views: 2811

Re: OBi110 -or- Ooma Telo for home phone service?

For folks using Obi, didn't it stop working around May 2014 due to Google removing support? Though recently I saw an e-mail from Obi saying it is now officially supported. I was using it till mid-May and then stopped using it once it went offline. I'm going to try it again but wondering if anyone e...
by bandoba
Thu Sep 18, 2014 5:47 pm
Forum: Personal Consumer Issues
Topic: OBi110 -or- Ooma Telo for home phone service?
Replies: 33
Views: 2811

Re: OBi110 -or- Ooma Telo for home phone service?

For folks using Obi, didn't it stop working around May 2014 due to Google removing support? Though recently I saw an e-mail from Obi saying it is now officially supported. I was using it till mid-May and then stopped using it once it went offline. I'm going to try it again but wondering if anyone el...
by bandoba
Sat Aug 16, 2014 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investing for children
Replies: 25
Views: 2144

Re: Help with investing for children

Quick question regarding Roth IRA on parent's name but with child as beneficiary - can you confirm this is same as any regular Roth IRA account? I'm wondering because I would like to go this route but our 401K and AGI doesn't allow us to open Roth. If your income is too high to open and direct fund...
by bandoba
Sat Aug 16, 2014 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investing for children
Replies: 25
Views: 2144

Re: Help with investing for children

I am looking for some guidance on the best way to start investing for our 1 and 2 year old children. We are fortunate enough to have grandparents that have already put away a majority to all of the college expenses, so lets ignore the 529 option for this discussion. The amount invested for the shor...
by bandoba
Wed Mar 26, 2014 12:34 am
Forum: Investing - Help with Personal Investments
Topic: How do I back-door Roth IRA?
Replies: 15
Views: 1437

Re: How do I back-door Roth IRA?

Posting my experience as it might help. I followed the exact steps mentioned by aquifer but since this is first time I am doing TIRA or Roth IRA, I had to open those accounts first before I could do exchange. Opening of new TIRA and funding it from external bank is straight forward. For opening Roth...
by bandoba
Fri Mar 21, 2014 9:54 am
Forum: Personal Finance (Not Investing)
Topic: [VG VBS] Cannot move funds from TIRA to upgraded Roth online
Replies: 6
Views: 432

Re: [VG VBS] Cannot move funds from TIRA to upgraded Roth on

What's upgraded Roth? I'm wondering because I am seeing some issues with conversion too.
by bandoba
Wed Mar 19, 2014 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Account in California
Replies: 11
Views: 941

Re: 529 Account in California

Thanks @NorcalDad and others for pitching in. While we are on this topic, does anyone know if the cashback is considered as gift to your kids? Basically, what I am trying to find out is, if I fund 529 plan by giving 14K (max annual exclusion amount wrt gift tax) as a gift, can I still go ahead and d...
by bandoba
Tue Mar 18, 2014 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Account in California
Replies: 11
Views: 941

Re: 529 Account in California

Here is another Californian interested in finding out better options for 529. @Norcalkenny and @Easy Rhino (cool ID :)), assuming you are in CA, any specific considerations for choosing something other than Nevada plan at Vanguard?
by bandoba
Mon Mar 17, 2014 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Problems with Non-deductible TIRA to Roth conversion
Replies: 4
Views: 308

Re: Problems with Non-deductible TIRA to Roth conversion

Appreciate your quick reply neurosphere and DSInvestor. So it appears that I should just go ahead and convert whole 11K and one doesn't select an year during conversion. BTW, I believe that the TIRA account stays open (with 0 balance) after I convert from TIRA to Roth. So next year, in 2015 I just p...
by bandoba
Mon Mar 17, 2014 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Problems with Non-deductible TIRA to Roth conversion
Replies: 4
Views: 308

Problems with Non-deductible TIRA to Roth conversion

Hello Friends, Here is my situation: I am in process of adjust my portfolio based on various review comments I received here. As part of that, I decided to take advantage of backdoor Roth IRA. So far I have done following steps and stuck at conversion. I would really appreciate your help to understa...
by bandoba
Mon Mar 17, 2014 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA and Vanguard
Replies: 3
Views: 460

Re: Backdoor Roth IRA and Vanguard

I had same question and got the answer. Thanks verysiberian.
by bandoba
Fri Feb 28, 2014 5:18 pm
Forum: Personal Consumer Issues
Topic: Any indoor seed starters?
Replies: 30
Views: 2087

Re: Any indoor seed starters?

I only start veggies, no point growing anything that doesn't give back to you IMO. Asthetics of flowers are great but not worth the work for me. I've got lettuce, brussel sprouts, and spinach sprouted under lights right now. Most other cool weather crops are getting planted this weekend. Hard to be...
by bandoba
Fri Feb 28, 2014 12:28 pm
Forum: Personal Consumer Issues
Topic: Any indoor seed starters?
Replies: 30
Views: 2087

Re: Any indoor seed starters?

Newbie question - typically what kind of seeds you guys start in starters? Mainly veggies or non-veggies?
by bandoba
Fri Feb 07, 2014 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Does Vanguard send multiple checks for IRA distribution?
Replies: 5
Views: 515

Re: Does Vanguard send multiple checks for IRA distribution?

I'm definitely not an expert, but I don't see why that would matter. Does the total add up to the total you had in the account, or did they withhold money for taxes? If they withheld, you have to make that up with your own funds. (This is one of the reasons why trustee-to-trustee transfers are bett...
by bandoba
Fri Feb 07, 2014 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Does Vanguard send multiple checks for IRA distribution?
Replies: 5
Views: 515

Does Vanguard send multiple checks for IRA distribution?

Hello Bogleheads, I recently initiated process to rollover my IRA at Vanguard to my 401K plan at Fidelity. I was hoping to receive one single check for the value of my IRA account from Vanguard. Apparently Vanguard instead sent 6 different checks each for one fund in my account. Is this common? Woul...
by bandoba
Fri Jan 31, 2014 1:16 am
Forum: Investing - Help with Personal Investments
Topic: Please review our portfolio
Replies: 4
Views: 988

Re: Please review our portfolio

I think you are doing great. You can bump up bonds to mitigate the risk. I would like to see review from experienced members well. Any reason not to invest in 529 plans?
by bandoba
Wed Jan 29, 2014 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Back door Roth IRA
Replies: 30
Views: 1833

Re: Back door Roth IRA

Thanks for confirming. BTW, one basic question about my IRA at Vanguard. I used to think that my account at Vanguard is Rollover IRA which is different than traditional IRA. But when I talked to Vanguard they were saying it is same as traditional IRA and now in your earlier post seem to suggest same...
by bandoba
Tue Jan 28, 2014 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Back door Roth IRA
Replies: 30
Views: 1833

Re: Back door Roth IRA

There is a special rule here that supercedes pro rating because an employer plan cannot accept basis from an IRA. This is the special rule from Pub 590: Tax treatment of a rollover from a traditional IRA to an eligible retirement plan other than an IRA. Ordinarily, when you have basis in your IRAs,...
by bandoba
Tue Jan 28, 2014 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Back door Roth IRA
Replies: 30
Views: 1833

Re: Back door Roth IRA

I just called Vanguard to initiate rollover of my IRA in Vanguard to employer 401K. The person I talked to didn't really know the prorata rule. He was kind enough to get retirement specialist on line and she eventually understood the situation and explained it to me as well as him. Though after we f...
by bandoba
Tue Jan 28, 2014 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Back door Roth IRA
Replies: 30
Views: 1833

Re: Back door Roth IRA

placeholder wrote:Most do it lump sum to avoid any taxes due to growth of the money.


Oh, right. I read it earlier but forgot about the growth when I posted the question. Thanks.
by bandoba
Tue Jan 28, 2014 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Back door Roth IRA
Replies: 30
Views: 1833

Re: Back door Roth IRA

I'm trying to open back door Roth IRA too. So in general, is it always recommended to fund tIRA in lump sum and then convert that to Roth IRA? Or can I DCA into tIRA for the whole year and then convert it to backdoor Roth IRA at the end of the year?
by bandoba
Tue Jan 28, 2014 12:44 am
Forum: Investing - Help with Personal Investments
Topic: Need help with portfolio review & tax efficient investments
Replies: 24
Views: 2263

Re: Need help with portfolio review & tax efficient investme

Alright! I will proceed with setting it up now. Thanks once again.
by bandoba
Tue Jan 28, 2014 12:28 am
Forum: Investing - Help with Personal Investments
Topic: Need help with portfolio review & tax efficient investments
Replies: 24
Views: 2263

Re: Need help with portfolio review & tax efficient investme

I got the expense ratios for her current 401K SSgA funds. They look expensive. For example, ER for recommended fund SSgA S&P 500 Index Securities Lending Series Fund - Class IX is 0.71%. Even the SSgA Cash Series US Government Fund is 0.75. Does that change anything?
by bandoba
Tue Jan 28, 2014 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Need help with portfolio review & tax efficient investments
Replies: 24
Views: 2263

Re: Need help with portfolio review & tax efficient investme

I guess I am still not clear about your statement above. So when I add more funds to his 401K, do they go to Spartan 500 or PIMCO? Or does that depend on which component is short compared to AAP percentage? For now they go in the Spartan 500 fund. But yes it does depend on the total AA and which is...
by bandoba
Mon Jan 27, 2014 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with portfolio review & tax efficient investments
Replies: 24
Views: 2263

Re: Need help with portfolio review & tax efficient investme

Finally, as mentioned before, most of the new funds will go to TISM for at least next few months. But after that, given different percentages at different accounts, how do I direct new funds? Specially, to keep Bonds percentage as per AAP, do I start buying Bonds in her current 401K and/or his 401K...
by bandoba
Mon Jan 27, 2014 12:58 am
Forum: Investing - Help with Personal Investments
Topic: Need help with portfolio review & tax efficient investments
Replies: 24
Views: 2263

Re: Need help with portfolio review & tax efficient investme

Thanks Duckie. Sincerely appreciate all your help on this.
by bandoba
Sun Jan 26, 2014 11:28 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with portfolio review & tax efficient investments
Replies: 24
Views: 2263

Re: Need help with portfolio review & tax efficient investme

Is there a cost for using BrokerageLink? If yes, you might actually be better off with the normal fund options. Please list the costs here. That's good point. I will confirm with Fidelity but IIRC, total annual charges include keeping current BrokerageLink. For the 529 account I actually prefer age...
by bandoba
Sun Jan 26, 2014 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with portfolio review & tax efficient investments
Replies: 24
Views: 2263

Re: Need help with portfolio review & tax efficient investme

This looks great. I have few questions to confirm: His & Her Taxable at Treasury Direct -- 1% <-- This is guessing on the number because I don't what percentage $20K is in your portfolio. 1% 
 I savings bonds I have 2% of I-Bonds and I had bought this on Kids's names. I was hoping to move it fro...

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