Search found 733 matches

by dbltrbl
Mon Apr 24, 2017 6:18 am
Forum: Investing - Help with Personal Investments
Topic: Question about new 401k
Replies: 3
Views: 214

Re: Question about new 401k

Your Options are 1. Keep old 401k at Fidelity. If you are happy with your funds there than no rollover needed. 2. Transfer to new 401k at Vanguard if allowed. This will still have 401k rules. 3. Roll over to Traditional IRA, which will be an issue going forward if you do back door ROTH IRA. 4. Roll ...
by dbltrbl
Sun Apr 23, 2017 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Amended tax return question - what to include?
Replies: 2
Views: 210

Re: Amended tax return question - what to include?

Mail in the amended return as soon as possible. This way you will get your refund sooner. You must mail in the amended return along with explanation and/or documents. No need to wait.
by dbltrbl
Sun Apr 23, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Question about 403b plan
Replies: 16
Views: 769

Re: Question about 403b plan

Even if you have to pay $500.00 it is worth to get out from Valic. I wasted about $1000.00 in 1992 getting away from Valic and transferring about 15000.00 to Vanguard. One my financially brilliant move in hindsight.Run away as soon as you can. Good luck.
by dbltrbl
Sun Apr 23, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Is this tax deductible?
Replies: 19
Views: 1075

Re: Is this tax deductible?

Assisted living facility has to be a charitable organisation and registered with IRS. If not than your friend is out of luck.
by dbltrbl
Sun Apr 23, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Did you file your taxes with Credit Karma?
Replies: 14
Views: 948

Re: Did you file your taxes with Credit Karma?

I would also be interested in knowing it especially if you also filed state taxes using them. I also used $10.00 tax act for e-filing both state and federal.
by dbltrbl
Sun Apr 23, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: typical deductions for retirees
Replies: 27
Views: 2008

Re: typical deductions for retirees

If your mortgage is paid off in most cases standard deduction is bigger than itemized. Even when working if mortgage is paid off it might be standard deduction depending on charitable deduction and state and local income and property taxes. You can deduct real estate taxes.
by dbltrbl
Sun Apr 23, 2017 4:05 am
Forum: Investing - Help with Personal Investments
Topic: 403B
Replies: 12
Views: 525

Re: 403B

You will need to decide your asset allocation. For the equity portion use Vanguard Institutional Index with ER of 0.04 is excellent choice.
by dbltrbl
Fri Apr 21, 2017 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: [How do I sell my Roth IRA funds to buy Vanguard?]
Replies: 4
Views: 327

Re: [How do I sell my Roth IRA funds to buy Vanguard?]

talk to Vanguard they will walk you through it. No need to go through settlement fund if you know what you want. Call Vanguard, let them handle it.
by dbltrbl
Fri Apr 21, 2017 5:03 pm
Forum: Personal Consumer Issues
Topic: Removing a tree - expensive!!!
Replies: 64
Views: 4680

Re: Removing a tree - expensive!!!

1850 is high without removing stump. Call around. In Midwest for a tree about 50 ft high and 4 ft. dia trunk about 600-900.
by dbltrbl
Fri Apr 21, 2017 12:59 pm
Forum: Personal Consumer Issues
Topic: Car Choices
Replies: 45
Views: 3306

Re: Car Choices

Take a look at Subaru. He may not want Toyota or Honda but suggest Subaru. I think both Camry and Accord are fine and more reliable.
by dbltrbl
Thu Apr 20, 2017 8:55 pm
Forum: Personal Consumer Issues
Topic: Costco battery replacement possible after a year and half?
Replies: 11
Views: 955

Re: Costco battery replacement possible after a year and half?

Yes. They will replace it but will prorate it. So you will not get full price back. I had old 100 month warranty Battery gone bad after about 54 months. They just refunded the prorated money and I had to buy new one. Costco refused to go total of 100 months. They no longer sell those batteries.
by dbltrbl
Thu Apr 20, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help with improving 403(b) allocations
Replies: 6
Views: 523

Re: Help with improving 403(b) allocations

You do not need 3 or 4 funds. Pick one TIAA IN EQ index 0.31 . If you want to 2 pick Dryfus S & P. In your taxable you can put other funds. I would just use TIAA and then Vanguard TSM outside, IRA etc.
by dbltrbl
Wed Apr 19, 2017 8:42 pm
Forum: Personal Consumer Issues
Topic: Considering buying a new cell phone- ideas?
Replies: 14
Views: 1530

Re: Considering buying a new cell phone- ideas?

Nexus 6P 128 gb under $400.00 new
by dbltrbl
Wed Apr 19, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Adult child lack of availability at tax time.
Replies: 24
Views: 1846

Re: Adult child lack of availability at tax time.

+1 He is an adult. If he is getting a refund he is not in any trouble for most part. He may lose the money but that is his money. If he owes money unfortunately he will learn a hard lesson despite your valiant efforts and than he may appreciate your willingness to help. You can bring a horse to wate...
by dbltrbl
Wed Apr 19, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA Withdrawal question
Replies: 6
Views: 385

Re: Traditional IRA Withdrawal question

+1 As said before you are over 59.5 years old so no 5 years rule. 5 Year rule is for ROTH IRA Only.
by dbltrbl
Wed Apr 19, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Should I bother with a 401k at present?
Replies: 25
Views: 1954

Re: Should I bother with a 401k at present?

Absolutely Yes. You are getting instant 50% return and it is yours even if you lose your job voluntarily or involuntary. As others have said put in full amount till the match. Just do it. Emergency fund can wait. If needed ask help from family or friends in case of emergency.
by dbltrbl
Wed Apr 19, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Why do I owe so much on my taxes?
Replies: 32
Views: 3782

Re: Why do I owe so much on my taxes?

Make sure in 2017 you pay at least 90% of taxes you paid in 2016 or you may have to penalty on top of tax due when you file your 2017 taxes.
by dbltrbl
Tue Apr 18, 2017 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA or 403(b)??
Replies: 3
Views: 291

Re: Roth IRA or 403(b)??

What kind of income are you talking. If low income with no match go for ROTH.Tax deduction may not of much use. If you can do more than 5500 than do 403b. Higher income may be 403b.
by dbltrbl
Tue Apr 18, 2017 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Taxes- okay to just drop in the mail today??
Replies: 29
Views: 3048

Re: Taxes- okay to just drop in the mail today??

Relax. As long as you , mail it today you are fine.
by dbltrbl
Mon Apr 17, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: take pension or not..Help?
Replies: 12
Views: 1457

Re: take pension or not..Help?

I will have a different take on this. If husband wants to retire a year early, he should do it. Life is too short. this is especially true if he is now unhappy about his job. It can have mental and physical consequences. Money will not join us in big blue sky. ENJOY :D
by dbltrbl
Mon Apr 17, 2017 6:35 am
Forum: Personal Finance (Not Investing)
Topic: IRA deadline
Replies: 1
Views: 153

Re: IRA deadline

Yes he can. He can do it online too.
by dbltrbl
Mon Apr 17, 2017 6:33 am
Forum: Personal Consumer Issues
Topic: New HVAC - Assessing Quotes?
Replies: 35
Views: 2610

Re: New HVAC - Assessing Quotes?

I do not think quote is far out of line. I would push for longer warranty on labor and motor compressor units. May be 3 years on labor and 5 or more on motor compressor units. You certainly do not want fly by night operators.
by dbltrbl
Mon Apr 17, 2017 6:27 am
Forum: Personal Finance (Not Investing)
Topic: Do I owe quarterly taxes if I didn't make money in Q1?
Replies: 8
Views: 793

Re: Do I owe quarterly taxes if I didn't make money in Q1?

No you don't need to file estimated taxes for 1st quarter.
by dbltrbl
Sat Apr 15, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA savings gap
Replies: 4
Views: 333

Re: Roth IRA savings gap

What fund/funds your Roth is invested in? I would open a taxable account in same funds and transfer money to ROTH from that account. If more than just additional taxable event. Most on the board has taxable accounts as well. Depends on the amount.
by dbltrbl
Fri Apr 14, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for College Question
Replies: 5
Views: 562

Re: Paying for College Question

I am not an insurance expert or FAFSA expert. I would not get a reverse Mortgage. If lump sump is am issue, I would suggest you talk to Vanguard and buy an annuity from Vanguard than you do not worry about lump sump and family contribution.
by dbltrbl
Fri Apr 14, 2017 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Physician using Turbotax, owing 30K so far already...
Replies: 65
Views: 6700

Re: Physician using Turbotax, owing 30K so far already...

relax. You should be fine this year. As long as you had more than 2015 tax withheld there should be no penalty. Going forward have them with hold extra 2000 pm for taxes or so. Basically safe harbor.
by dbltrbl
Fri Apr 14, 2017 6:25 am
Forum: Investing - Help with Personal Investments
Topic: How often should I contribute to my taxable account?
Replies: 23
Views: 2678

Re: How often should I contribute to my taxable account?

Do it monthly automatically. Human inertia is inevitable. Vanguard does the cost for you. They are required by law now.
by dbltrbl
Fri Apr 14, 2017 6:21 am
Forum: Personal Finance (Not Investing)
Topic: ROTH IRA Contribution
Replies: 1
Views: 211

ROTH IRA Contribution

Last year 2016, I earned about $ 10000.00 before taxes and other deductions. I am retired. Can I contribute to ROTH IRA, the amount on W-2 box 1 + federal Income tax with held [b]or [/b]just the amount in box 1. I can pay taxes from other funds so no issue there at all. ( Full $10000 between me and ...
by dbltrbl
Wed Apr 12, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax woes - how to contact TT?
Replies: 22
Views: 1283

Re: Turbo Tax woes - how to contact TT?

How did IRS contact you? Phone, email or old fashioned snail mail.Only the last one is legit others are scam.

Also,

For TurboTax Online users – sign in to your account, click Contact and type in your question (to talk to a live expert you need to be in a paid version of TurboTax). :)

Good luck
by dbltrbl
Mon Apr 10, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Tax Question
Replies: 3
Views: 366

Re: Tax Question

Direct answer to your question is yes.Ask Vanguard to with hold taxes and you need not file estimated payments.
by dbltrbl
Mon Apr 10, 2017 6:38 am
Forum: Personal Finance (Not Investing)
Topic: American Opportunity Tax Credit - General Questions
Replies: 18
Views: 1295

Re: American Opportunity Tax Credit - General Questions

Even if you are doing everything by hand, you can try Freetax USA or credit karma so you can play if scenario lot easier.
by dbltrbl
Sun Apr 09, 2017 6:59 am
Forum: Personal Consumer Issues
Topic: Buy a new honda or continue with old one
Replies: 33
Views: 3099

Re: Buy a new honda or continue with old one

As a former Accord owner of 2000 model year, I donated the car at 230000 Miles. It is still being driven with 245000 miles. Yes old cars make noises have them check it out. Also, for peace of mind and family, use a rental car for longer trips ( more than 100 miles or so). If finances are not an issu...
by dbltrbl
Fri Apr 07, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding shafting my local merchants with card fees
Replies: 42
Views: 3994

Re: Avoiding shafting my local merchants with card fees

All local merchants I deal with in Midwest cash means check too. I would not deal with any one who insists on bills only. yes they are avoiding taxes but check just saves on CC fees.
by dbltrbl
Wed Apr 05, 2017 8:52 pm
Forum: Personal Consumer Issues
Topic: Unused credit card with positive balance
Replies: 9
Views: 680

Re: Unused credit card with positive balance

It depends on the CC company. Most will send you a check after 2 or 3 months of inactivity. Not sure about 84 cents though. You will not be charged any fees with 84 cents positive. Relax.
by dbltrbl
Wed Apr 05, 2017 7:18 pm
Forum: Personal Consumer Issues
Topic: ORD Parking lot challenge - need quick response
Replies: 18
Views: 1104

Re: ORD Parking lot challenge - need quick response

Try Holiday inn express or some other hotel which have shuttles to Airport.Pay them and ride easy.
by dbltrbl
Wed Apr 05, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: Buying and Financing a Car
Replies: 19
Views: 938

Re: Buying and Financing a Car

Do not worry. both Toyota and Subaru basically offers Zero % loan year around. In any case negotiate lower price without zero % financing if you can. Say no to all wonderful extras they try to sell you. All three brands are reliable. And yes you can get discounts on all three. Visit dealers on weekd...
by dbltrbl
Wed Apr 05, 2017 4:30 am
Forum: Personal Consumer Issues
Topic: replace or keep car with 60k miles?
Replies: 39
Views: 2996

Re: replace or keep car with 60k miles?

Keep it for 40-50 k more miles.
by dbltrbl
Tue Apr 04, 2017 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Another DcA or Lump
Replies: 9
Views: 718

Re: Another DcA or Lump

How long before you may use the money. If 10 years or more LUMP SUM. If less, DCA.
by dbltrbl
Mon Apr 03, 2017 4:22 am
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 23335

Re: Low-earners- What is your profession?

Single earner in the family. Started at $ 24000.00 as College Faculty in 80's. Retired in 2015 at $ 88000.00. You need not make 100 k to have decent life and still save.
by dbltrbl
Fri Mar 31, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: The order of personal financial sources to pay for kid's college?
Replies: 11
Views: 803

Re: The order of personal financial sources to pay for kid's college?

You can use any or all of it except No. 5. Keep contributing to 457 as you can not recover that space. Rest is up to you. I would use regular accounts first and even I-bonds ahead of Taxable Mutual fund accounts but it will not make a big difference. I am guessing mutual fund account has gained a lo...
by dbltrbl
Fri Mar 31, 2017 4:10 am
Forum: Personal Finance (Not Investing)
Topic: Medical License Tax Deduction
Replies: 2
Views: 370

Re: Medical License Tax Deduction

No. only if she files Schedule C on a tax return.
by dbltrbl
Wed Mar 29, 2017 7:10 am
Forum: Personal Finance (Not Investing)
Topic: earned income credit question
Replies: 4
Views: 377

Re: earned income credit question

Why not take the credit? Software does the work. donate the amount to a worthy cause or buy your loved ones a nice dinner.
by dbltrbl
Tue Mar 28, 2017 4:30 pm
Forum: Personal Consumer Issues
Topic: $50 AMEX Gift Card - What does a Boglehead/minimalist do?
Replies: 29
Views: 2008

Re: $50 AMEX GIFT CARD - What does a Boglehead/minimalist do?

Buy Groceries. Even Bogleheads need to eat.
by dbltrbl
Tue Mar 28, 2017 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter maxed out credit cards, needs help from me
Replies: 92
Views: 4612

Re: Daughter maxed out credit cards, needs help from me

No Credit cards period. Even for business have her use a debit card or cash only. Nothing says here she will not abuse business credit card. We will not take the money with us so I have no problem helping the kids but do not enable them in a sink hole. Have her sign pledge absolutely no bar or resta...
by dbltrbl
Mon Mar 27, 2017 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Auto Insurance as a Medical Resident - Switching states
Replies: 4
Views: 438

Re: Auto Insurance as a Medical Resident - Switching states

who owns the vehicle? If your parents own it than you are fine. If you own it than states require you to change plates within 30 days of move. I would check rules of the state of your residency and do the right thing. It is not worth for someone as bright for couple hundred bucks if you are in an ac...
by dbltrbl
Mon Mar 27, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Send check for quickly amended return?
Replies: 18
Views: 771

Re: Send check for quickly amended return?

I would send the check in with the amended return. Give the folks at IRS some credit. I did this 2 years back when I did not include ROTh Conversion of $5000.00. I sent in amended return with a check. By April 15th, I had the correct amount of refund in my account. You can not e-file an amended retu...
by dbltrbl
Mon Mar 27, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Federal pension beats high salary and savings rate? (fed vs contractor for employment)
Replies: 47
Views: 4213

Re: Federal pension beats high salary and savings rate? (fed vs contractor for employment)

take the pension. After 5 years, most likely if something happens to you, spouse and child will get pension/monthly payments for all dependents. Also in retirement it is god to know you have two streams, one not at all dependent on vagaries of market and other depends on the market. Pension should c...
by dbltrbl
Mon Mar 27, 2017 7:48 am
Forum: Personal Consumer Issues
Topic: Need advice about massive changes in daughter's college program by dean
Replies: 52
Views: 4050

Re: Need advice about massive changes in daughter's college program by dean

Having worked 31 years at a large Midwestern University, I can say that your chances of reversing this are slim and none with either students or Faculty. Even where formal process is used, it is a window dressing. Facts are ignored. What may work is fighting dollars with dollars. Let the Industry pe...

Go to advanced search