Search found 18 matches

by goGators
Mon May 16, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Is there an HSA account without monthly fee
Replies: 28
Views: 2630

Re: Is there an HSA account without monthly fee

Fidelity's $48 annual fee is waived if you have $250K or more in assets with them. See section "Retirement Accounts and HSAs" in https://www.fidelity.com/bin-public/060 ... hedule.pdf
by goGators
Thu Dec 31, 2015 3:27 pm
Forum: Personal Consumer Issues
Topic: Securing Emails / Identity
Replies: 12
Views: 1051

Re: Securing Emails / Identity

I have 3 email accounts: 1) General use (family, friends) 2) Online purchases and 3) Financial accts. I have experienced spams in 1 & 2 but not 3. So I think it's a good idea to have a unique email address for financial accounts. However, I don't use a specific device to access my financial info...
by goGators
Sun Dec 20, 2015 11:12 am
Forum: Personal Finance (Not Investing)
Topic: FIRECalc - Take Social Security Benefits Early is Better?
Replies: 53
Views: 7103

Re: FIRECalc - Take Social Security Benefits Early is Better?

YES! as jeff1949, Aptenodytes, and randomguy correctly pointed out, delaying SS works with longer lifespan. Below are FIRECal results for 30, 40,45, and 50 year lifespans: INPUTS OUTPUTS (Portfolio Balance) ====================================== ==================================== Age SS#1 Year SS#...
by goGators
Sat Dec 19, 2015 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: FIRECalc - Take Social Security Benefits Early is Better?
Replies: 53
Views: 7103

Re: FIRECalc - Take Social Security Benefits Early is Better?

...Makes perfect sense to me if you plan on only living until you are 70.... No, we plan to live longer than 70 :happy. 62, 67, and 70 were the ages to start social security benefits. We used FIRECalc's default 30 years for the simulations. We also tried 40 years (when we would be 86 and 89) and go...
by goGators
Sat Dec 19, 2015 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: FIRECalc - Take Social Security Benefits Early is Better?
Replies: 53
Views: 7103

FIRECalc - Take Social Security Benefits Early is Better?

Hello Bogleheads, If my spouse (46) and I (49) were to retire this year (2015), FIRECalc seemed to indicate that it was better to take SS benefits early. INPUTS OUTPUTS (Portfolio Balance) ====================================== ==================================== Age SS#1 Year SS#2 Year Minimum Max...
by goGators
Wed Dec 16, 2015 7:05 am
Forum: Investing - Theory, News & General
Topic: Retire at 55 [Which funds to use between 55 and 59.5?]
Replies: 18
Views: 2658

Re: Retire at 55

Keystone - How would you withdrawal a Roth IRA contribution free of penalty prior to 59.5? I plan to retire at 49 and will use my taxable account to fund my expenses from 49 to 59.5. Besides that, one can withdraw Roth IRA contributions free of penalty or they could withdraw per IRS 72(t). Roth IRA...
by goGators
Sun Nov 29, 2015 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Understanding Taxable account in layman terms
Replies: 18
Views: 2345

Re: Understanding Taxable account in layman terms

4. This year I am in 15% bracket, but I expect to be in 25% bracket starting in 2016. Is it a good idea to open a taxable account in December or is it wiser to wait until January? Purchase mutual funds in January to avoid tax on distributions: https://personal.vanguard.com/us/insights/taxcenter/buy...
by goGators
Sat Oct 31, 2015 10:29 am
Forum: Personal Finance (Not Investing)
Topic: How much of your total income are you worth?
Replies: 51
Views: 7115

Re: How much of your total income are you worth?

85% - against 100% Medicare Earnings(from My Social Security site)
by goGators
Tue May 26, 2015 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: 1st year HSA questions
Replies: 0
Views: 351

1st year HSA questions

Background: Before quitting her job last month, my wife had an HSA and a health insurance that covered her and our kids. I had my own HSA and health insurance. It was cheaper that way. Now my insurance covers the whole family. For 2015, my HSA contribution is $1100 so far and hers is $1500. Question...
by goGators
Sat Apr 25, 2015 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Bond allocation-retire in 2 yrs
Replies: 14
Views: 1392

Re: Bond allocation-retire in 2 yrs

but it's prudent to keep a few/several years spending in cash/bonds I agree with keeping at least several years worth of fixed expenses in less volatile assets, though. Sometimes stocks do decline and stay down for a long time. If 10 years worth of fixed expenses is 13% of your assets, you're not l...
by goGators
Sat Apr 25, 2015 5:51 am
Forum: Investing - Help with Personal Investments
Topic: Bond allocation-retire in 2 yrs
Replies: 14
Views: 1392

Re: Bond allocation-retire in 2 yrs

...what kind of spending you'll require in the future (also education expenses too?), how much assets you have now, any pensions if available, how much Social Security would provide, how much you value having more money past a certain point vs. how painful having to cut back might be What does (Tot...
by goGators
Fri Apr 24, 2015 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Bond allocation-retire in 2 yrs
Replies: 14
Views: 1392

Re: Bond allocation-retire in 2 yrs

What are the bond options in the 401k?

We should have FSITX. Our 401ks are in Fidelity BROKERAGELINK.
by goGators
Fri Apr 24, 2015 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Bond allocation-retire in 2 yrs
Replies: 14
Views: 1392

Bond allocation-retire in 2 yrs

I would like your advice on bond allocation. Background: I'm 49 and planning to retire in 2 years, wife 46 retired, 2 kids 14 and 6. We own a home and have no debt. For the past 20 years our allocation has been 100% stocks and emergency cash for 1 year. Currently, we have 31% of our savings in Roths...
by goGators
Wed Apr 10, 2013 5:52 am
Forum: Investing - Help with Personal Investments
Topic: Rollover of after-tax 401k with large gain
Replies: 11
Views: 1276

Re: Rollover of after-tax 401k with large gain

Default User BR wrote:... put it all in a traditional IRA, then roll the earnings back to the 401(k) and convert the basis.Brian

Why is it ok to separate the earnings from the basis when roll from a tIRA to a 401k but not from a 401k to a tIRA or a Roth?
Thank you.
by goGators
Sat Apr 06, 2013 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Rollover of after-tax 401k with large gain
Replies: 11
Views: 1276

Re: Rollover of after-tax 401k with large gain

mrpotatoheadsays , thanks for the link. I think I begin to understand why it is preferred to keep pre-tax money in a 401K instead of a traditional IRA (TIRA) when converting my after-tax 401K to a Roth. It seems to me that the IRS treats 401Ks and IRAs as two (2) separated entities even though both...
by goGators
Sat Apr 06, 2013 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Rollover of after-tax 401k with large gain
Replies: 11
Views: 1276

Re: Rollover of after-tax 401k with large gain

If I choose to go with the indirect method (another name for "Fairmark's strategy 3"?) and assume I have $12,000 total ( $10,000 basis + $2,000 earnings) in my after-tax account, are these following steps I need to execute: 1) Ask Fidelity for a distribution (NOT rollover) of my after-tax ...
by goGators
Fri Apr 05, 2013 5:25 am
Forum: Investing - Help with Personal Investments
Topic: Rollover of after-tax 401k with large gain
Replies: 11
Views: 1276

Re: Rollover of after-tax 401k with large gain

Thank you very much, Brian. I'll check with Fidelity to see if they could directly roll the earnings back. My goal is to empty out the after-tax account then make regular conversions of future after-tax contributions like many others on this board. Would this roll back strategy still give me a large...
by goGators
Thu Apr 04, 2013 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover of after-tax 401k with large gain
Replies: 11
Views: 1276

Rollover of after-tax 401k with large gain

Hi All, I have read many posts on this topic but could not find a clear answer to my situation. I hope you could help me. I would like to make an in-service direct rollover of my after-tax 401k which is managed by Fidelity. My after-tax account has significant amount of gain which will result in a l...

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