Search found 649 matches

by donall
Fri Mar 17, 2017 10:45 pm
Forum: Personal Consumer Issues
Topic: Shingle concerns with relatively new build *updated 3/17 in the bottom of original post
Replies: 20
Views: 1713

Re: Shingle concerns with relatively new build *updated 3/17 in the bottom of original post

You could also have poor quality nails. We had to have our roofer redo part of the roof because the nails were not galvanized.
by donall
Mon Mar 06, 2017 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Need help picking term life policy
Replies: 20
Views: 916

Re: Need help picking term life policy

You might find it difficult and more expensive to find insurance for your wife before the birth of the child.
by donall
Sun Feb 19, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing an amended tax return?
Replies: 18
Views: 1268

Re: Is it worth filing an amended tax return?

Filing a 1040X is easy and should not take more than 1/2 hour. So is it worth $36?
by donall
Thu Feb 16, 2017 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to set up small account for incidentals after Mom passes away?
Replies: 19
Views: 1631

Re: Best way to set up small account for incidentals after Mom passes away?

Why not prepay funeral costs? Medicaid also allows funds set aside for burial or purchase of a grave.
by donall
Sun Jan 29, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Parents as dependents on tax return
Replies: 54
Views: 3021

Re: Parents as dependents on tax return

Yurausa, if you submitted an ACA (affordable care act) application online for your parents you should already know the results. Because their income will be 0 in 2017 they would be only be eligible for Medicaid if you do not list them as dependents, they have been in the US five years or more, and y...
by donall
Wed Jan 25, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Inherited Roth IRA RMDs
Replies: 29
Views: 2016

Re: Inherited Roth IRA RMDs

What was the value of the account on 12-31-16?
by donall
Sat Jan 21, 2017 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone file "decline in value" for property taxes? Advice?
Replies: 26
Views: 1838

Re: Anyone file "decline in value" for property taxes? Advice?

Doesn't hurt to try, but small percentage amounts are often ignored by board of appeals.
by donall
Sun Dec 25, 2016 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - do we still need it?
Replies: 36
Views: 4067

Re: Umbrella Policy - do we still need it?

Not sure you can get umbrella insurance if you don't own a car. You may just have to increase your homeowners insurance.
by donall
Mon Dec 19, 2016 7:21 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 68
Views: 6482

Re: Charles Schwab Experiences?

All around great experiences with Schwab. The only improvement would be to minimize the amended 1099s. Last year I got them for interest on CDs!
by donall
Sun Dec 18, 2016 10:10 am
Forum: Personal Finance (Not Investing)
Topic: 20% Match on 401k.. sorta.
Replies: 45
Views: 4663

Re: 20% Match on 401k.. sorta.

I think you were quite right to not say anything during a presentation. I've always felt that it is best to approach one on one to ask for changes to things like 401ks. The changes when implemented make the employer look good. This has worked for me in getting direct deposit set up (yes hard to beli...
by donall
Sun Dec 11, 2016 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: FDIC question
Replies: 20
Views: 1950

Re: FDIC question

Keep joint account and add POD for beneficiaries. You do not need a revocable trust but an informal POD in a regular account.
https://www.irs.gov/publications/p970/ch03.html
by donall
Sun Dec 11, 2016 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Home Office/Mileage question (Self-Employed)
Replies: 3
Views: 397

Re: Home Office/Mileage question (Self-Employed)

1. Doesn't sound like she can have a home office. This would have to be a dedicated space where she only works. Since she is a tutor and drives to her employer, declaring a home office seems like a stretch especially in a one bedroom. If after getting to work, she visits a student's home that can be...
by donall
Sun Dec 11, 2016 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance without knowing income
Replies: 31
Views: 2506

Re: Health Insurance without knowing income

Also note that when the baby arrives your family will be 4 not 3. You need to go back (or call the Marketplace) into your application to include the baby. Your premium, deductible, etc will change. You will be eligible for cost sharing if you are a family of 4 at $50K, so stick with a silver plan (...
by donall
Sun Dec 11, 2016 11:11 am
Forum: Investing - Help with Personal Investments
Topic: FDIC question
Replies: 20
Views: 1950

Re: FDIC question

If you have a beneficiary on the account then that ups it by $250,000 for each beneficiary. So adding a beneficiary if you don't already have one will increase the amount to $750,000. I think there may be a limit on the number of beneficiaries but best to check the website.
by donall
Sat Dec 10, 2016 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance without knowing income
Replies: 31
Views: 2506

Re: Health Insurance without knowing income

Boglerocks,you got accurate advice from the website replies. Also note that when the baby arrives your family will be 4 not 3. You need to go back (or call the Marketplace) into your application to include the baby. Your premium, deductible, etc will change. You will be eligible for cost sharing if ...
by donall
Sat Dec 10, 2016 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Kitchen Cabinet Info
Replies: 10
Views: 1634

Re: KITCHEN CABINET INFO

IKEA has a good selection. Handles bought in 2007 still look good even though abused
by donall
Sat Dec 10, 2016 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: My mother is 61 years old and has $0 in savings
Replies: 50
Views: 8884

Re: My mother is 61 years old and has $0 in savings

Pretty sure you know what to do, but will not be easy: - sell son's car (as loan is in her name) - have mom work as long as possible and take husbands 1/2 SS at 66, then hers at 70. - help manage mom's finances (you will probably have to pay taxes on property sold outside of US) - pay off mom' car -...
by donall
Thu Dec 08, 2016 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance without knowing income
Replies: 31
Views: 2506

Re: Health Insurance without knowing income

Yes, you can estimate income. You can (and should) change your income during the year in your insurance application. The subsidy is "trued up" when you do your taxes so you may owe taxes if you underestimated income or get a refund if you overestimated your income.
by donall
Thu Dec 08, 2016 5:02 pm
Forum: Investing - Theory, News & General
Topic: Where/How to research past pension cuts
Replies: 11
Views: 993

Re: Where/How to research past pension cuts

Is your wife in Tier I or Tier II? I would not assume pension cuts in Tier II, as that is more than self funding and will probably have to be increased eventually.
by donall
Wed Dec 07, 2016 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Managing kids money
Replies: 30
Views: 2686

Re: Managing kids money

I guess I would just have grandparents set-up the account however they want,as taxes should not have to be an issue for quite a while (dividends over $1000 are taxable for child). Hopefully over the years the trust issue improves. The 529 plan sounds like a good idea. What is important is that the ...
by donall
Wed Dec 07, 2016 12:02 am
Forum: Investing - Help with Personal Investments
Topic: Managing kids money
Replies: 30
Views: 2686

Re: Managing kids money

I guess I would just have grandparents set-up the account however they want,as taxes should not have to be an issue for quite a while (dividends over $1000 are taxable for child). Hopefully over the years the trust issue improves. The 529 plan sounds like a good idea. What is important is that the g...
by donall
Tue Dec 06, 2016 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act question - would greatly appreciate assistance
Replies: 27
Views: 2180

Re: Affordable Care Act question - would greatly appreciate assistance

Try calling again or work with a navigator or agent. Some insurance brokers are also excellent at Marketplace applications. You have an application on file, so someone can open the application and review each question to determine where the error is. https://localhelp.healthcare.gov/#intro Good luck...
by donall
Tue Dec 06, 2016 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Question
Replies: 8
Views: 1327

Re: Pension Question

Using your formula:
$100,000 x .001 x 30 years x 205 = $615,000
I think I would recheck the formula and multipliers.
by donall
Tue Dec 06, 2016 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act question - would greatly appreciate assistance
Replies: 27
Views: 2180

Re: Affordable Care Act question - would greatly appreciate assistance

Your employer insurance is considered unaffordable. Read this link: https://www.healthcare.gov/have-job-based-coverage/change-to-marketplace-plan/ Make sure to have your employer fill this form out: https://marketplace.cms.gov/applications-and-forms/employer-coverage-tool.pdf Sign up for Marketplace...
by donall
Tue Dec 06, 2016 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: advice on Italian banks
Replies: 7
Views: 758

Re: advice on Italian banks

I've worked with a bank that was a member of UniCredit. Not sure if the regulations or procedures were from the county or bank but things moved very slowly. Getting information was like pulling teeth. Perhaps this was because I was not in the country. Happy to no longer have to work with an overseas...
by donall
Wed Nov 30, 2016 10:45 am
Forum: Personal Finance (Not Investing)
Topic: [Associate of Arts degree (AA) in Accounting]
Replies: 23
Views: 2001

Re: [Associate of Arts degree (AA) in Accounting]

Transfer to the grants and contracts area in the university. Work there while taking MBA or accounting classes to see if you like the accounting area. Hopefully you can also get a break on tuition. Look for a corporate job with large employers who need someone with expertise in government contracts ...
by donall
Wed Nov 23, 2016 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Age 26 ACA Parents' Health Ins. Rule?
Replies: 7
Views: 984

Re: Age 26 ACA Parents' Health Ins. Rule?

I think your fiancé and her parents need to check with the HR department, as employer plans and some states can extend the period to insure children. The up to 26 is a a minimum.
by donall
Sun Nov 13, 2016 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 5304

Re: Age 92 Dad Wants to Boost stocks

I've learned to Bite my tongue after being told, "I've gotten this far without your advice."
by donall
Sun Nov 13, 2016 5:49 am
Forum: Personal Finance (Not Investing)
Topic: Any ways to make employer health insurance "unaffordable"?
Replies: 11
Views: 2168

Re: Any ways to make employer health insurance "unaffordable"?

See this link for a quick reference of what is included in the modified MAGI for ACA: https://www.healthcare.gov/glossary/affordable-coverage/ Note that non-tuition parts of scholarships are counted as income. Scholarships that pay tuition are not counted as MAGI. You can send an appeal for unafford...
by donall
Sat Nov 12, 2016 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Any ways to make employer health insurance "unaffordable"?
Replies: 11
Views: 2168

Re: Any ways to make employer health insurance "unaffordable"?

I guess I am confused as to why you don't stay on your parent's health insurance plan since you are under 26. As far as I know, you do not have to be a dependent. See the following link: https://www.healthcare.gov/glossary/affordable-coverage/ If you were sent a 1095C from your employer for 2015, th...
by donall
Fri Nov 11, 2016 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Researching non-ACA health insurance in NJ
Replies: 14
Views: 1094

Re: Researching non-ACA health insurance in NJ

See this link to determine if employer-based health insurance is considered affordable:
https://www.healthcare.gov/glossary/aff ... -coverage/
by donall
Tue Oct 04, 2016 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Guidance on a Sticky Estate Issue
Replies: 20
Views: 2743

Re: Guidance on a Sticky Estate Issue

Have them tell him they are hiring an attorney to help him with the estate. One of them hires an attorney to get the process started. If he is named in the will, indicate that he is the executor, but if he is not interested, they will step in. If he says he is interested, use the court process to p...
by donall
Thu Sep 22, 2016 9:13 pm
Forum: Personal Consumer Issues
Topic: Should I appeal dental claim denial?
Replies: 27
Views: 2028

Re: Should I appeal dental claim denial?

With these type of situations I calculate the potential savings and how much time prepraring the paperwork or phone call will take. Then decide on if the potential hourly rate is worth it. I also do the same calculation for decreasing bills such as cable, insurance, etc. In your case a half hour can...
by donall
Sun Sep 18, 2016 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 26350

Re: A car nicer than the boss?

You've been hired at a new company, but don't know the culture? I second what others have written, that you need to use a rental until you figure out how well a particular car fits in.
by donall
Sun Sep 18, 2016 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Definition of gambling winnings/losses
Replies: 20
Views: 1109

Re: Definition of gambling winnings/losses

From the IRS link:
Gambling income includes but is not limited to winnings from lotteries, raffles, horse races, and casinos. It includes cash winnings and the fair market value of prizes, such as cars and trips.
by donall
Sun Sep 18, 2016 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Definition of gambling winnings/losses
Replies: 20
Views: 1109

Re: Definition of gambling winnings/losses

Winnings are income, while losses are deductions. See the following IRS link:
https://www.irs.gov/taxtopics/tc419.html
by donall
Fri Sep 02, 2016 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: ACA and some Final Maturity EE savings bonds
Replies: 25
Views: 2336

Re: ACA and some Final Maturity EE savings bonds

I thought with inherited bonds the value Is amount at death. How does this war with EE bonds?
by donall
Mon Aug 22, 2016 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Please, please advise...Health insurance terminated by insurance company
Replies: 45
Views: 3809

Re: Please, please advise...Health insurance terminated by insurance company

I am a volunteer CAC (Certified Application Counselor) and dealt with a similar situation of someone who forgot to pay their ACA health insurance and paid up three months of premiums on the 89th day through their bank. They had the paperwork to prove payment was received by the insurance company on ...
by donall
Tue Aug 16, 2016 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Stolen grave sites- legal minds pls help
Replies: 5
Views: 1107

Re: Stolen grave sites- legal minds pls help

Cemetery laws vary in each state. One gravesite may have interment rights for more than one burial in a plot, so you may still be able to be buried close to your mom. As for the other graves, sometimes cemeteries will try to correct a mistake. This usually happens with burials in the wrong location,...
by donall
Sat Jul 30, 2016 1:19 pm
Forum: Personal Consumer Issues
Topic: Preparing financially for our funerals - prepay or not?
Replies: 113
Views: 8694

Re: Preparing financially for our funerals - prepay or not?

Costs can add up fast. In addition to funeral costs, there can be monument costs, foundation for monument, inscription on monument, grave digging costs, etc. A donation can be expected in religious establishments just to offset the expenses of using the space. If someone was a vet, the VA has cemete...
by donall
Wed Jul 13, 2016 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Living Trust Necessary?
Replies: 6
Views: 827

Re: Living Trust Necessary?

Living trusts are useful for property ownership (especially for out of state property) and inheritance of accounts if there are or could be situations of transfer that are more complex than just to children.
by donall
Sat Jun 04, 2016 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: need help with Mothers portfolio
Replies: 5
Views: 563

Re: need help with Mothers portfolio

I second the cd ladder concept for a person in their late eighties for 70% to 80% of the funds if daily expenses are largely met with Ss and a reasonable withdrawal rate. The money is insured and can be set-up to get monthly income. Ten year CDs may be appropriate. For someone who went through the d...
by donall
Mon May 30, 2016 8:37 pm
Forum: Personal Consumer Issues
Topic: New Boiler Sizing
Replies: 40
Views: 2474

Re: New Boiler Sizing

Don't forget to size a good pump to circulate the hot water.
by donall
Mon May 02, 2016 9:33 pm
Forum: Personal Consumer Issues
Topic: Medicare help!
Replies: 25
Views: 2996

Re: Medicare help!

If you have retiree insurance, you must sign up during the 6 month open enrollment period for medigap insurance as there is no guaranteed issue right as there is for employer insurance.
by donall
Mon May 02, 2016 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Potential Employer was excited to hire me! Then silence... What did I do?
Replies: 60
Views: 7004

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

This sounds like the principal is inexperienced. Why tell someone they have a job, when you have not done a background check etc.? There is a process that must be followed when hiring and a principal should know the process. Then again, perhaps this principal was not told this job was already filled...
by donall
Thu Apr 14, 2016 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: grateful for any input on a major, urgent real estate decision
Replies: 75
Views: 6321

Re: grateful for any input on a major, urgent real estate decision

Mortgage contingency, if the house does not appraise at the selling price you can walk away. No matter what the conditions there are always good and bad deals. More important, do you want the house?
by donall
Sun Mar 27, 2016 8:15 am
Forum: Personal Finance (Not Investing)
Topic: AOTC claimed by child? [American Opportunity Tax Credit]
Replies: 20
Views: 2038

Re: AOTC claimed by child? [American Opportunity Tax Credit]

Interesting strategy for AOTC--- If you could do this your daughter could offset her tax on LTCG and receive $1,000 if you could not claim her as a dependent. My understanding is even if you do not claim her as a dependent, but could, then she still cannot claim herself. But then you need expert tax...
by donall
Fri Mar 11, 2016 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Public Health (MPH) as a career choice...
Replies: 19
Views: 2234

Re: Public Health (MPH) as a career choice...

I've hired a handful of individuals with MHP degrees when at a public agency. These individuals were some of the best employees and had an impressive set of skills that stood out from other candidates. I think this is an underrated degree.
by donall
Sat Feb 20, 2016 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Estimating AGI for Healthcare.GOV application
Replies: 26
Views: 2258

Re: Estimating AGI for Healthcare.GOV application

Excellent explanation about cost sharing and reasons to over or under estimate AGI for the ACA insurance from Flobes.

Go to advanced search