Search found 158 matches

by fabdog
Tue May 23, 2017 5:38 pm
Forum: Personal Consumer Issues
Topic: Help choose company service gift [choice made!]
Replies: 23
Views: 1218

Re: Help choose company service gift

if you're looking at using the tablet to read books (and magazines) from the library, it is very nice. I was initially skeptical but now consume almost all my reading on the tablet. No thoughts on ipad vs Galaxy, both should be fine If you use the Ipod nano every day and it's not in great shape, may...
by fabdog
Mon May 22, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Replacing lost EE bonds
Replies: 4
Views: 406

Re: Replacing lost EE bonds

Great blog post here on the experience... one place you may hit an obstacle almost immediately is needing the serial numbers

https://thefinancebuff.com/replace-lost ... ience.html

Mike
by fabdog
Thu May 18, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Is it better to stay at 19 or 24 paychecks per year?
Replies: 18
Views: 1591

Re: Is it better to stay at 19 or 24 paychecks per year?

guessing an educator... option to get paid twice a month year round... or just during the school year
by fabdog
Wed May 17, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: Keep paying for AC refrigerant when tech cannot find a leak
Replies: 20
Views: 1533

Re: Keep paying for AC refrigerant when tech cannot find a leak

Ask if they can recharge it with the special ultraviolet stuff in it... so then the leak will be visible after some time... even if very small. My auto mechanic used this method to find and fix a very small leak in our cars air conditioning. Assume HVAC techs could get acess to the same stuff

Mike
by fabdog
Mon May 15, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Do stocks always go up long term?
Replies: 56
Views: 4305

Re: Do stocks always go up long term?

A lot of the gain comes from a small percentage of the stocks. Most of us aren't able to predict in advance which ones of those they will be, hence get the index and take the overall performance. Usually when companies are in trouble they end up out of the S&P long before they are delisted, so t...
by fabdog
Mon May 15, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: Scolded by my adviser at F******* ! [Fidelity]
Replies: 23
Views: 3825

Re: Scolded by my adviser at F******* !

not sure this is a reflection on the participation trophy generation as much as on companies who get lulled into thinking they can have surveys that cover a wide waterfront, and tie that to employees. As you noted, your responses were to questions that the advisor has little to no impact on (the web...
by fabdog
Mon May 15, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Selling etfs (what to expect)...
Replies: 6
Views: 325

Re: Selling etfs (what to expect)...

The trades will take 3 days to settle, so on the day you sell, don't expect to be able to withdraw. You will owe taxes (at your marginal rate) on any gains since you haven't held for a year To minimize that hit, you can change your cost method to specific shares BEFORE you sell, and pick the shares ...
by fabdog
Sun May 14, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth screw up?
Replies: 7
Views: 745

Re: Backdoor Roth screw up?

You can still complete your original plan. Just have Vanguard do the rest after the funds settle. You'll get one 1099R reflecting the conversion. You'll have a slight taxable amount on the $8.65 (or whatever gain you have in the funds before the transfer) that will go on your 2017 return To avoid th...
by fabdog
Sat May 13, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: How to tell what is your effective vanguard benefits level/tier? (solved)
Replies: 8
Views: 668

Re: How to tell what is current vanguard benefits level/tier?

I currently have a brokerage account (previously had mutual fund and brokerage and consolidated) I also have 3 529 accounts on the landing page. the Flagship status does not show on the 529 statements I log in thru the personal site I don't remember where I used to see status, but as Aristotelain no...
by fabdog
Sat May 13, 2017 1:46 pm
Forum: Personal Consumer Issues
Topic: 2006 Chevy Trail Blazer - Unidentifiable Noise
Replies: 2
Views: 230

Re: 2006 Chevy Trail Blazer - Unidentifiable Noise

Have no experience with Trailblazers... but have had a similar issue on my Volvo. Combo of needing alignment and tire positions... loud noise which acted as you described, started out at ~ 30 mph and got louder as speed went up. Getting both front and rear alignment done, and rotating the tires ever...
by fabdog
Sat May 13, 2017 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: How to tell what is your effective vanguard benefits level/tier? (solved)
Replies: 8
Views: 668

Re: How to tell what is current vanguard benefits level/tier?

I see my status on every page of my statement. There is also a flagship reference on the bottom right of my home account page, not sure what personal or voyager show.

Mike
by fabdog
Sun May 07, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: ISO/NSO Grant Advice - Who do I talk to?
Replies: 6
Views: 405

Re: ISO/NSO Grant Advice - Who do I talk to?

+1 on advice to make sure whomever you chat with is knowledgeable on options. CPA's know a lot on taxes, but if they don't deal with options frequently they may not be up to speed, same for an EA (enrolled agent) Another resource: ask folks you work with if they have someone they turn to for advice ...
by fabdog
Thu May 04, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Self-Employment Taxes - questions
Replies: 10
Views: 354

Re: Paying Self-Employment Taxes - questions

Well, it sounds like you don't want to do more than $3K of it in 2017... so you can plug that into your tax software and see how much extra tax you'd owe (income and self employment). If you need to make a little estimated you can get that dialed in As far as paying, it is just part of your 2017 tax...
by fabdog
Thu May 04, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Understanding Self Employed saving options
Replies: 7
Views: 237

Re: Understanding Self Employed saving options

you can do both an IRA (assuming you have earned income from your job, and sounds like you'd even qualify on your husband's earnings) and a solo 401K You can't get QUITE all your money you make on the 1099 in the solo 401K. It's your net profit less the self employment tax. So if all you have is the...
by fabdog
Thu May 04, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA accounts - How to handle
Replies: 4
Views: 264

Re: Multiple HSA accounts - How to handle

yes, you can transfer from one to the other. Custodian to custodian is simplest. The banks should have the forms on their website... it's not fast (mine took 6 weeks) but gets done. Consolidate into the most favorable (fees, investment options) If you won't be contributing on your own (if you have a...
by fabdog
Wed May 03, 2017 5:02 pm
Forum: Personal Consumer Issues
Topic: Visiting Paris for 8 days - what to do?
Replies: 47
Views: 2940

Re: Visiting Paris for 8 days - what to do?

Another out of town trip you can do in a day is Mont St Michel. You can take ~ 730 train out of Paris to Dol De Bratagne, and they have a bus that drops you off at the visitor center. Bus picks you up a little after 4 to take you back to the station with time to spare to catch the train back to Pari...
by fabdog
Tue May 02, 2017 1:02 pm
Forum: Personal Consumer Issues
Topic: using smartphone overseas travel
Replies: 10
Views: 896

Re: using smartphone overseas travel

When we were in Europe last summer both my wife (with Iphone) and daughter (Android) could use their phones. Sprint has a plan that covers roaming in many countries (and it was no extra charge), and while we didn't use much voice (a few calls as my wife was trying to nail down a new job) they had fr...
by fabdog
Mon May 01, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Missing SS earnings: Royalty
Replies: 6
Views: 534

Re: Missing SS earnings: Royalty

If you paid self employment taxes on them and reported on Schedule C/Schedule SE, ie you claimed them as self employment, then they should be on your record. If they landed on line 21 as "other income" and you did not pay self employment tax on them (which is SS and medicare) they won't sh...
by fabdog
Tue Apr 25, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Revocable trust worth paying attorney for?
Replies: 21
Views: 1475

Re: Revocable trust worth paying attorney for?

For: cheap

Against: if he makes a mistake, it may not be fixable (and he won't be around to try to untangle it)

Not an area I usually pinch pennies... We have had ours updated each time we moved as state laws are different...

Mike
by fabdog
Fri Apr 21, 2017 11:12 am
Forum: Investing - Help with Personal Investments
Topic: 529 and Vanguard Status
Replies: 6
Views: 696

Re: 529 and Vanguard Status

I had money in the Utah plan, and saw the same issue. I moved the money to the plan Vanguard offers directly on their website, which I believe is the Nevada plan. Those balances count towards flagship status

Mike
by fabdog
Tue Apr 18, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Company merger-- effect on retirement contributions ?
Replies: 3
Views: 227

Re: Company merger-- effect on retirement contributions ?

And make sure Company B keeps track and does not let you over contribute. Since they took over Company A likely they'll know the limits. the last megacorp I worked for had different legal entities in the US. When you moved from one to the other, if you had already hit the SS max for the year, they s...
by fabdog
Sun Apr 09, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: [Tax] software asks driver license number
Replies: 15
Views: 1445

Re: software asks driver license number

Nothing, at least for this year. I fully expect at some point in the near future, as they try to battle tax return fraud, the IRS and/or the states will move towards requiring some sort of identification number on returns. They have it as optional now, perhaps testing out how it works

Mike
by fabdog
Sun Apr 09, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: State Taxes and itemized deductions
Replies: 5
Views: 432

Re: State Taxes and itemized deductions

your tax software (assuming you're using the same package) picked up the refund, and it also gives you credit for this years itemized deductions for the taxes you paid to the second state as balance due during 2016. It's showing the refund you got from state 1, and if you go thru the menus or go int...
by fabdog
Thu Apr 06, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Both a cash and investment roth IRAs?
Replies: 3
Views: 290

Re: Both a cash and investment roth IRAs?

I find their standard phone support to be quite good. So you can just set up a standard account, if you know how you want to allocate your contributions If you want the hand holding on asset allocation, you can certainly give the intelligent portfolio service a try. I have not used it personally. It...
by fabdog
Thu Apr 06, 2017 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Both a cash and investment roth IRAs?
Replies: 3
Views: 290

Re: Both a cash and investment roth IRAs?

no dumb questions. Vanguard and Schwab are both excellent, have low cost funds in many categories, and can be a one stop shop for you. Schwab may do a better job of "hand holding" you thru the process if you feel unsure, good phone support Cash equivalents 100% means they have you in a mon...
by fabdog
Thu Mar 30, 2017 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Trade Commission Paid from non-IRA Cash?
Replies: 3
Views: 185

Re: IRA Trade Commission Paid from non-IRA Cash?

you'd have to ask your broker. I know there are custodians who accept the account fees paid with non IRA money (and then you can try and deduct them)

Not sure if same applies for trade fees

Mike
by fabdog
Wed Mar 22, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Enrolled Agent or CPA for current issues
Replies: 20
Views: 1138

Re: Enrolled Agent or CPA for current issues

Either can represent you before the IRS, although not likely you'd need that. If you want the extra advice on your situation, either can do that for you as well. It may be difficult to find a CPA willing to help a new client at this time of year. You may be able to find a local EA in your area using...
by fabdog
Sun Mar 19, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Career Dilemma - Seeking Input
Replies: 7
Views: 1042

Re: Career Dilemma - Seeking Input

if the current company treats you well, and the issue is only the personnel management, why not try option 2, where you stay in the same place (no relo) have the same schedule, and approx same money?

If that doesn't work out then you could chase after options 3 and 4

Mike
by fabdog
Mon Mar 13, 2017 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Paid Date in TurboTax
Replies: 4
Views: 265

Re: Foreign Tax Paid Date in TurboTax

for foreign tax withholding on mutual funds, I usually just use 12/31/xx
by fabdog
Sun Mar 12, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deductions for advisor fees on 1041 trust return
Replies: 7
Views: 437

Re: Tax deductions for advisor fees on 1041 trust return

that is the standard with advisory/investment fees. You cannot deduct fees used to generate tax exempt income. You allocate on the income, not the account balances. So as an example, with your advisor fee of $1000, you have $750 of taxable income and $250 of tax free, $750 would be deductible. Mike
by fabdog
Sun Mar 05, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Question on compensation for making an IRA contribution
Replies: 1
Views: 171

Re: Question on compensation for making an IRA contribution

yes, you should be fine with the Box 1 minus Box 11 amount. The box 11 amount can't be used for IRA contributions

Mike
by fabdog
Sat Mar 04, 2017 8:05 pm
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 5797

Re: Advice on relocation or staying put

Acton/Boxborough and Hopkinton are along the 495 corridor. There are lots of other towns along that route (Hudson/South and Westboro, etc) all are a far way from Boston, especially if your wife has to commute into Boston... that would be a nightmare You could look into towns along/inside 95, much cl...
by fabdog
Sat Mar 04, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 5797

Re: Advice on relocation or staying put

Having lived in MA (near Acton) as well as NM and AZ so got plenty of heat... The plus'es... it rarely gets hot in the summer... we would run the aircon a few days a year, mostly to take the humidity out of the house. The schools (providing you pick a good district) are excellent.. and there are a l...
by fabdog
Tue Jan 24, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: HSA qualification and quarterly income tax payment
Replies: 2
Views: 171

Re: HSA qualification and quarterly income tax payment

opening an HSA is tied to having a qualifying High Deductible Health plan (HDHP). If after you retire you go into an HDHP, yes, you can open and fund. When you start medicare you can no longer contribute to an HSA, but can keep and spend your existing HSA If you start pension payments in July, I wou...
by fabdog
Mon Jan 23, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: Amazon Phishing Email after Order
Replies: 16
Views: 2266

Re: Amazon Phishing Email after Order

Have never had that...

you can report suspect emails to them https://www.amazon.com/gp/help/customer ... =201127830

and tips on what an Amazon mail should look like https://www.amazon.com/gp/help/customer ... d=15835501

Mike
by fabdog
Sat Jan 21, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Investment tax question
Replies: 1
Views: 213

Re: Investment tax question

so did you contribute to a Traditional Ira and then convert it all over to a Roth? That would generate the 1099R. If that was the case you tell your tax software that you converted it to a Roth, and if you had no other Trad IRA balances should take care of the tax issue. Should come with a distribut...
by fabdog
Tue Jan 17, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: HDHP switch? Feedback appreciated
Replies: 5
Views: 340

Re: HDHP switch? Feedback appreciated

1) The new year for our health insurance begins in July. Can I max out our HSA while we have the HDHP by June 30 even though we won't be in the plan for the full year of 2017? No, you must be insured through the year to have the full HSA contribution available 2) Does it make financial sense to swit...
by fabdog
Mon Jan 16, 2017 8:12 pm
Forum: Personal Consumer Issues
Topic: Rental car--new windshield crack
Replies: 14
Views: 1979

Re: Rental car--new windshield crack

I had a similar situation, noticed on the last day a crack after something hit the windshield. It was small and on passenger side. When I dropped off car they noted the crack, and charged me $138 since I didn't have the CDW. I didn't have to worry about driving for days and whether the crack got wor...
by fabdog
Mon Jan 16, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Maxing out Tax Free accounts
Replies: 10
Views: 945

Re: Maxing out Tax Free accounts

If your income is above $11K year, she can fully fund a Roth IRA or a TIRA, or some combo, up to $5500. If income limits apply you can do the non deductible IRA and then a backdoor roth if desired She can also open a Solo 401K where she put all of her self employed earnings from her free lance writi...
by fabdog
Sat Jan 14, 2017 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Friend is accidentally in Roth phase-out
Replies: 11
Views: 1684

Re: Friend is accidentally in Roth phase-out

re charecterize the Roth IRA contribution back to a non deductible IRA. That gets him out of the jam of the Roth contribution when income limit too high. If desired, he can then back door the Non deductible IRA over to a Roth. He'll have the delta between contribution and balance (earnings) show up ...
by fabdog
Fri Jan 13, 2017 9:18 am
Forum: Investing - Help with Personal Investments
Topic: HSA Suggestions: where?
Replies: 20
Views: 2008

Re: HSA Suggestions: where?

HSA bank has a paired investment account at TD Ameritrade, no commission ETF trades for Vanguard funds. If you leave $5K in your HSA cash account there are no fees, or you can put the whole amount at TD Ameritrade and HSA bank will charge $2.50/month HSA bank pays tiered interest on balances in cash...
by fabdog
Fri Jan 13, 2017 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Short term savings
Replies: 3
Views: 376

Re: Short term savings

Safely tuck away. So that means maybe an online savings (Ally usually around 1%). Money market funds are still painfully low.. there are lots of threads here on CD's from various institutions with short or no early withdrawal penalties... so you could load into CD's to get a bit more yield... and st...
by fabdog
Sun Jan 08, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Spousal IRA -> Backdoor Roth IRA, and Spousal Income
Replies: 6
Views: 589

Re: Spousal IRA -> Backdoor Roth IRA, and Spousal Income

As long as between the two of you you have $11K in earned income, you are fine. The spousal arrangement allows up to the full amount as long as the couple have income sufficient to fund both accounts. So say you make $50K and she makes $2K... then you can fund both accounts and do the backdoor on bo...
by fabdog
Sun Jan 08, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: Expat Wanting to Invest in US Mutual Funds
Replies: 17
Views: 1651

Re: Expat Wanting to Invest in US Mutual Funds

We were out of the US for 7 years and had no issues maintaining our Schwab and Vangaurd accounts, as well as our bank accounts. We maintained a US based address with our daughter

Mike
by fabdog
Sun Jan 08, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Changing Credit Cards within same Bank/Issuer
Replies: 8
Views: 554

Re: Changing Credit Cards within same Bank/Issuer

Depends on the card at Chase. As DSInvestor noted, I called Citibank to change my American Airlines card to double cash, no problem (no more travel so the AA card didn't fit any longer) When I called Chase to try the same move with my United Airlines card, no go. Had to apply separately for the Sapp...
by fabdog
Sat Jan 07, 2017 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Disadvantage of Tax loss harvesting
Replies: 65
Views: 3945

Re: Disadvantage of Tax loss harvesting

Well, if you generate no capital gains, it will sure take a while to use up ~$150K in carry forward losses, at a max of 3K/year. Always dangerous to assume, but you may have some positions with significant capital gains you want to leave, perhaps to rebalance as time goes by. Your carry forward loss...
by fabdog
Tue Jan 03, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Deducting Mortgages on 2 homes?
Replies: 2
Views: 452

Re: Deducting Mortgages on 2 homes?

IRS Publication 936 will walk you through the details... but the short story is you can deduct interest on up to $1 Million in loans on your main home and second home Points on an original mortgage are generally deductible in the year paid... the pro rating across life of loan is for a re finance so...
by fabdog
Tue Jan 03, 2017 11:48 am
Forum: Investing - Theory, News & General
Topic: Tax software for doing What If? analyses
Replies: 3
Views: 508

Re: Tax software for doing What If? analyses

Any of the packages can fill the bill (Turbo Tax, H&R Block, TaxCut, etc)

Depends on which one you like the best

Mike
by fabdog
Tue Jan 03, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: what to do with unresponsive recruiter
Replies: 11
Views: 1015

Re: what to do with unresponsive recruiter

Unfortunately there's not a lot you can do. Recruiters fill openings.. if you can fill an opening for them, they will be in contact... if you can't they won't. Doesn't make them a bad person, just means they spend their time on where they see their opportunities for money. In this specific case, any...
by fabdog
Sun Jan 01, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: Luck with DirectTV Now?
Replies: 35
Views: 4570

Re: Luck with DirectTV Now?

Agree it's not ready for "prime time"... it was horrible during the Clemson/OSU game last night... of course the commercials ran fine... but the game.. horrid... It does Ok during the day... but not in the evening... Customer service response is "we are working on making the service e...

Go to advanced search